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Press Release: Ship Owners to Unveil Marine Fuel Strategies at SIBCON 2014

The world's biggest buyers of marine fuels have committed to be at SIBCON 2014.

Tricks of the Bunker Trade: Cappuccino Bunkers, an Illustrated Guide to Loss Prevention

Tricks of the Bunker Trade: Cappuccino Bunkers, an Illustrated Guide to Loss Prevention

Cappuccino bunkers remain one of the most common and widely used 'mal-practices' in the bunkering industry to-date.

July Sees Big Jump in Shipping Earnings Index

Analysts at Drewry say its All Earnings Index is up up 66 percent year-on-year.

Slashing Bunker Tax Would Put Indian Ports on Par with Singapore, Fujairah

"It is high time these steps are taken," says Anil Yendluri, chief executive officer of Krishnapatnam port.

Iranian Officials Deny 380 cSt Export Stoppage

The National Iranian Oil Company says last week's report was intended "to increase the price of fuel oil."

First LNG Bunkering Terminal For Denmark

The new LNG terminal will be used by Fjord Line's LNG-fuelled cruise ferries MS Stavangerfjord and MS Bergensfjord.

WTI/Brent Spread Shrinks

The U.S. efforts in Iraq seem to have investors sensing the risk to the southern oil fields has receded for the time being.

Gulf of Guinea Product Tanker Attack a "Game Changer"

Dryad Maritime says the attack represents tactics more commonly associated with Somali pirates.

China's 180 cSt Blending Margins "Deeply Negative"

In East China losses increased from CNY435 to CNY440 per tonne.

Suspected Bunker Pirates Apprehended in Thailand

A Navy-Marine Police team was said to have found about 370,000 litres of diesel on four boats that had been modified for smuggling.

OW Bunker to Expand Physical Operations in Latin America

The deal will "create a stronger, more flexible marine fuel supply chain for our customers in Colombia," says Petrocosta.

CJSC Inks Bunker Supply Deal for Arctic Seaport Project

The company will supply 30,000 tonnes of bunker for a fleet working on the construction of Sabetta seaport.

Brightoil Completes $1.05B Upstream Acquisition

The oil trader says as a result of the deal, its oil and natural gas storage and production "will increase immensely."

Stranded Ship Owes $1.2M

The Greek-owned vessel has been stuck in the U.S. since April as the Coast Guard demands repairs.

Private Equity-Backed Firm to Build Terminals

The new U.S. based firm is looking at projects in Latin America, Europe, and Africa.

Iran Stops 380 CST Exports

The exports reportedly stopped two weeks ago, possibly due to the nation stockpiling supplies.

Dry Bulk Shipper Says Japanese Built Ships Are More Fuel-Efficient

Western Bulk head says the ships save two to five tonnes of fuel.

Tanker Rate Improvement Predicted this Year

Tanker Investments is making fuel-saving improvements to its vessels during dry-docking.

Bunker Exec: Singapore is the World's Toughest Bunker Market

Morten Tranberg, Dan-Bunkering's new head of operations for Asia, says he's happy with the port's upcoming mass flow meters requirement.

Geo-politics Push Oil Prices Higher, Despite Weak Demand

Buyers should be prepared for quick escalations in oil prices, followed by long slow declines.

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