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Singaporean Tanker Owner Swings to Profit Despite Rough Environment
Yujin sold three of its four bunker tankers between April and August and is seeking "potential strategic partners."
2 Oct 2013
Oil Continues to Decline as U.S. Government Begins Partial Shutdown
WTI fell $0.29 to settle at $102.04/bbl, while Brent dropped $0.43 to end the session at $107.94/bbl.
1 Oct 2013
Seaspan Orders Five More Fuel Efficient Vessels
The 10,000 TEU boxships will be built at two Chinese yards.
1 Oct 2013
Hapag-Lloyd Orders DNV GL Hull Monitoring System
GL HullManager software offers 3D models of vessels to simplify inspections and repairs.
1 Oct 2013
Canadian Ferry Operator Picks LNG Supplier for Green Ferries
STQ says the fuel will allow it to reduce greenhouse emissions 20 percent.
1 Oct 2013
South Korean Shipyards Sharing Eco-Technology with Rivals
"The trend of the world's shipbuilding industry has shifted from quantitative to qualitative": HHI.
1 Oct 2013
IACS: Ship Efficiency Assessment Needs "Evidence Based" Rules
The group said the IMO should lead the development of a database of new rules and designs.
1 Oct 2013
Emissions Rules Will Drive up Costs for Ferries
Tallink Group says it is not yet clear how cargo transporters and ferries will meet the new sulfur limits.
1 Oct 2013
KG Funds Expected to Loose Out as Triple-E's Enter Service
KG funds will be left holding smaller ships that Maersk Line removes to make room for the new mega-vessels.
1 Oct 2013
Crude Markets Fall Ahead of a Possible U.S. Government Shutdown
WTI dropped $0.54 to settle at $102.33/bbl and Brent fell $0.26 to finish at $108.37/bbl.
30 Sep 2013
Synthetic Fuel Firm Quadrise Sees Share Price Quadruple
The developer of the alternative bunker fuel, MSAR, says it is not aware of any specific reason behind the recent gains.
30 Sep 2013
Industry Calls for Marine Fuel Tax Hike to Support U.S. Inland Waterways
The fuel tax increase would support improvements to infrastructure including locks and dams.
30 Sep 2013
Reefer Containers a Hot Topic at Intermodal Europe 2013
Reefer container use around the world is reported to be increasing by 30% each year.
30 Sep 2013
Bunker Detectives Go Global
Marine and cargo surveying firm opens offices in Singapore, Rio de Janeiro, Kuwait, and Shanghai.
30 Sep 2013
Aegean: ARA Region Could End Up With No Bunker Suppliers, Just Traders
Supplier says delays in loading its fuel oil barges in the Amsterdam-Rotterdam-Antwerp area have hurt its business.
30 Sep 2013
MPA To Make Flow Meter Use Mandatory in Singapore
MPA has yet to confirm a date for the move, industry watchers say it could happen in 2014.
30 Sep 2013
BIMCO: LNG Bunkers "Not an Option" for Most Ships
John Denholm says retrofits are too costly and distribution systems are lacking.
27 Sep 2013
Shipping Line President: LNG Bunkers "Most Logical Thing to Do"
Cheap gas, coming emission regulations push U.S. ships to switch to LNG.
27 Sep 2013
Maersk Line: We Misjudged the Market When Ordering 20 Triple-E's
The new P3 alliance of Maersk Line, GMA CGM, and MSC represents a new effort to cut costs and reduce capacity.
27 Sep 2013
Ecoship Claims Exaggerated, Says Berge Bulk CEO
Berge Bulk CEO says its 27-year-old ship is more fuel-efficient than many newly ordered vessels.
27 Sep 2013
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