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Reduced Bunker Bills "Number 1 Reason" for LNG Switch
Canadian operator expects to operate new dual-fuel ferries on LNG 99% of the time.
23 Dec 2013
Accidents Hurt Carnival Results
The company's profits dropped in Q4 despite lower fuel costs.
23 Dec 2013
Dan-Bunkering, Endofa Launch New Physical Supplier
Oleum is focussing on the supply of marine fuel and gas-oil offshore the West African coastline.
20 Dec 2013
LNG Firm GTT Files for IPO
The LNG containment systems maker plans to expand in the LNG bunkering market.
20 Dec 2013
P3 Launch Expected in Late Q2 2014
"We are confident to receive an approval of the alliance," says Maersk Line executive.
20 Dec 2013
MPA Reminds Suppliers on Jan 1 U.S. Caribbean Sea ECA
Singapore MPA reminds bunker suppliers to ensure 1% sulfur limit for ships headed to region.
20 Dec 2013
Intertek Opens New U.S. Gulf Coast Lab
The move supports the growth of the region's bunkering and refining businesses.
20 Dec 2013
Tricks of the Bunker Trade: Unpumpable Fuel, Zero Dip Volume Application
Tricks of the Bunker Trade: Unpumpable Fuel, Zero Dip Volume Application
Be wary that empty tanks may not be empty even with zero dip.
19 Dec 2013
U.S. Crude Production Continues to Gain Pace
WTI ended the day up $0.97, settling at $98.77/BBL while Brent gained $0.66, settling at $110.29.
19 Dec 2013
Long Beach Names New Harbor Commission President
Newly appointed Commissioner Lori Ann Farrell elected Secretary.
19 Dec 2013
Premium Up 36% in South Korea Fuel Deal
Hyundai Oilbank agreed to pay $15 per tonne above Singapore spot prices in 2014.
19 Dec 2013
Aegean Completes Acquisition of Hess Bunker Business
The deal gives the company a presence in the U.S. East Coast, including New York and Baltimore.
19 Dec 2013
Navy Officer Pleads Guilty in GDMA Scandal
The Navy criminal investigator has not yet said whether he will assist in the investigation.
19 Dec 2013
Novel Renewable Energy Bunker-Saving Device Enters Testing
The device promises to transform "chaotic" energy from the movement of the sea and other sources into useable energy.
19 Dec 2013
Brittany Ferries Ordering World's Largest LNG-powered Ferry
The ship will use electric propulsion, light materials, and efficient hull design to reduce fuel use and emissions.
19 Dec 2013
Introduction to Hedging Tools: Collars
Introduction to Hedging Tools: Collars
Collars are designed to hedge a company's fuel exposure by locking prices into a certain range.
18 Dec 2013
Federal Reserve Reducing Bond Buying by $10 Billion per Month
Bunker buyers should clear their desk of pending stems for the year.
18 Dec 2013
Curoil Expands Bunker Supply Operations
New subsidiary company Curoil Aruba supplying both onshore and offshore Aruba.
18 Dec 2013
Singapore: Tax-Free Bunkers Only for Direct Supply to Foreign-Going Ships
The nation's revenue authority issued new guidance clarifying the rules on marine fuel taxes.
18 Dec 2013
Rolls-Royce Claims Advantages for Single-Fuel LNG Tugs Over Dual-Fuel
The first tug boat to use LNG as its only fuel, planned for use in Norway, is now in sea trials.
18 Dec 2013
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