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GS Caltex Doubles 500 cst Bunker Sales
The South Korean refiner says it increased its storage capacity for the grade.
29 Oct 2013
Singaporean Owner Sells Bunker Tanker for $485,000
The company will use some of the proceeds to repay a loan and for working capital.
29 Oct 2013
Eco-Tankers Earn the Highest Profits, But Only Just
But a survey of MR tankers' daily earnings found some standard tankers outperformed some eco-design vessels.
29 Oct 2013
Crude Benchmarks Rise as Libya's Production Level Drops
WTI gained $0.83, settling at $98.68/bbl and Brent rose $2.68 to end the session at $109.61/bbl.
28 Oct 2013
Scorpio Turns Profit, Invests in LPG Company
The company will trade its entire VLGC fleet, plus cash, for a share in Dorian LPG.
28 Oct 2013
Bunker Spill After Collision on Germany's Kiel Canal
Authorities said the canal is closed, and it is not yet clear how much fuel spilled.
28 Oct 2013
Global Risk Management Expands Team in Denmark
Maiken Sode Graversen is a new assistant risk manager at the company's main office in Denmark.
28 Oct 2013
Monjasa Adds Trader in Singapore
The company moved Andreas Hoffman Kristensen to Singapore from Denmark.
28 Oct 2013
Dan-Bunkering Brokerage Could Go Global
The firm says the European service is a trial and could gain customers in other regions.
28 Oct 2013
Analysis: USG No. 6 3% vs WTI, October 2013
Comparison prepared by bunker broker and trader Merlin Petroleum Co., Inc.
28 Oct 2013
Dual Fuel LNG Vessels Planned for Southern China Rivers
The vessels will reduce fuel costs by 20 percent compared with diesel-only vessels, the shipyard says.
25 Oct 2013
Royal Caribbean Cuts 2013 Bunker Cost Forecast
The company said energy conservation and an unscheduled drydock reduced its bunker consumption.
25 Oct 2013
Bunker Savings Help Baltic Cargo Carrier Boosts Profits
ELS Shipping optimised vessels' schedules and speeds to reduce fuel consumption.
25 Oct 2013
Wärtsilä Bullish on Demand for Fuel Efficiency
The company increased its sales and profits in Q3 and anticipates continued "lively" ship orders.
25 Oct 2013
Maersk Line Confident on P3 Approval
U.S. authorities worried about reduction of fleet from 346 to 255 vessels.
25 Oct 2013
Seawater: The Free Environmentally Acceptable Lubricant
Seawater: The Free Environmentally Acceptable Lubricant
EPA recommends that all new build vessel operators endeavour to use seawater-based systems for their stern tube lubrication.
24 Oct 2013
Brent-WTI Spread Narrows
WTI gained $0.25 to settle at $97.11/bbl while Brent shed $0.81, ending the session at $106.99/bbl
24 Oct 2013
Fuel-Saving Vessel for North Sea Installations
Norwegian company is seeking to capitalise on the expansion of subsea production infrastructure.
24 Oct 2013
Jotun Hull Coating Promises Maximum Efficiency for Newbuilds
The coatings company said the package will help shipyards compete for eco-ship projects.
24 Oct 2013
OW Bunker Expands in North America
The bunker supplier and trader makes new hires at their Stamford and Houston locations.
24 Oct 2013
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