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Crude Markets Settle Mixed After a Volatile Day of Trading

WTI for September settlement fell $2.14 to expire at $104.96/bbl, while Brent for October settlement gained $0.25 to end the session at $110.15.

Canada Touts Environmental, Economic Value of Shore-Side Power

Minster of Transport also says the country is increasing vigilance around maritime traffic at Kitimat and elsewhere.

Gazpromneft Marine Bunker Makes Second International Acquisition

The company bought a bunkering company that operates in Tallin, Estonia.

Fuel Scrubber Eyed for Shore-Side Use

Poly Shield Technologies says its fuel purification system might work for distribution of low-sulfur fuel from land.

Aegean Revenues Down, Profits Up in Q2

The company said it made progress over the quarter in strategically positioning itself to benefit from a market recovery.

MISC Profit Down in Q2

Higher costs, lower rates in petroleum shipping business hurt the company's bottom line.

LNG Bunkering Planned for Zhoushan

An independent Chinese gas distributor plans to build the station to help make the port a regional LNG center.

Speculators Lock in Profits as Crude Markets Fall

WTI fell $0.36 to settle at $107.10/bbl today and Brent dropped $0.50, settling at $109.90/bbl.

Monjasa Adds 3 Traders in the U.S.

The Denmark-based bunker supplier says it has seen an increase in business in Americas.

Diesel Spill in South Carolina

The commercial boats hold a total of 1,300 gallons of fuel, but the amount spilled was not clear.

Bunker Spill Spreads After Deadly Philippines Ferry Crash

The ferry was carrying 120,000 litres of bunker oil, plus diesel and lube oil, when it sank Friday.

Inside Opinion: New Truths

Inside Opinion: New Truths

It's a brave new world, and credit analysis understand even the largest companies are at risk of going under.

ABB to Make Transformers for Chinese Shipbuilder

The dry-type transformers offer high efficiency and reliability, and are environmentally friendly, the company said.

Maersk Line Profits Soar on Cheaper Fuel, Efficiency

Bunker prices dropped 15 percent, and the company reduced fuel use by 18 percent.

Dan-Bunkering Rehires Trader in Middelfart

Mikkel Søholm Vestergaard previously worked for the company from 2003 to 2006.

Q2 Net Loss for Chinese Bunker Supplier

Andantee increased its volumes and revenues, but operating expenses also jumped.

Shipping Firm to Test Fuel Monitoring System

If the pilot program is successful, the system could be installed at seven shipping hubs worldwide.

Two Tri-Fuel LNG Carriers Ordered

The vessels feature four stage compressors, low boil-off rate, and "extremely efficient" fuel-saving devices.

VTTI Terminal will Finish Second Phase in 2015

The project will add 250,000 cubic meters of capacity and a new Aframax berth.

Oil Markets Continue Upward Trend

WTI gained $0.48 to settle at $107.33/bbl, while Brent gained $0.91 and settled at $111.11/bbl.

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