All News

Japanese Bonded Bunker Sales Up in June
With supply strong, premiums for fuel in Tokyo ports have fallen in recent months.
13 Aug 2013
Crude Markets Continue Friday's Gains
WTI gained $0.14 to settle at $106.11/bbl by day's end and Brent rose $0.75, settling at $108.97/bbl.
12 Aug 2013
Chemoil's Profits Up More than 400% in Q2
Higher margins in the Americas helped the company improve its profit despite a decline in overall volumes.
12 Aug 2013
Shipowner Orders EEDI Certification for Whole Fleet
Germany's NSC Group plans to add new efficiency measures to improve its appeal to charterers.
12 Aug 2013
WWH Profits, Volumes Shipped Fall
Despite the year-over-year decline, the company said volumes began recovering in Q2.
12 Aug 2013
Salvors Working to Remove Oil from Ship off South Africa
Rough seas and technical problems have delayed recovery operations.
12 Aug 2013
Shale Writedowns Spell Trouble for Energy Majors
With falling prices, "gas and condensate producers have been victims of their own success."
12 Aug 2013
Houston Bunkers Follow Falling Crude Prices
380 cSt grade bunker fuel ended the week steady at $587.00 per metric tonne.
12 Aug 2013
Emsys: Rush to Install Scrubbers has Started
Making of emissions monitoring technology says it is gaining traction as ship owners seek more data on efficiency.
9 Aug 2013
OOIL Sees Loss in First Half of 2013, Citing High Fuel Costs
The company says it is revamping orders for large ships to improve their engine efficiency.
9 Aug 2013
Turbulence Models Could Save Billions in Fuel Costs
Scientists have developed new ways of modeling turbulence to reduce drag on ships and planes.
9 Aug 2013
Marine Tech Companies Join Forces
Norsk Analyse has acquired another Norwegian company, Vimex
9 Aug 2013
Indian Ship Dumped Oil: Authorities
A ship managed by the Shipping Corporation of India could face more than $1 million in fines.
9 Aug 2013
Two Eco-Tanker Orders for Irish Shipping Company
Ardmore Shipping exercised options for the new ships after launching a public offering.
9 Aug 2013
U.S. Pump Maker Nets Orders for LNG Fuel Gas Equipment
The pump systems will go to TOTE gas-powered containerships and Teekay MEGI-powered gas carriers.
9 Aug 2013
Further Falls for Crude as Speculators Lock in Profits from Recent Gains
WTI fell $0.97 to settle at $103.40/bbl and Brent dropped $0.76, settling at $106.68/bbl.
8 Aug 2013
Newest Fuel-Saving CSL Ship Arrives
Shipping investment "delivers a more sustainable future to our communities," MP says.
8 Aug 2013
Matson Profit Jumps Despite Lower Fuel Surcharges
The company said it increased volumes on all its trade lanes, particularly Micronesia/South Pacific and Hawaii.
8 Aug 2013
OW Bunker Promotes Tolson in North America
The company said it is expanding its operations in the region with a hiring push.
8 Aug 2013
Hapag-Lloyd Returns to Profit as Fuel Prices Drop
The company said cost-cutting and lower bunker bills helped it in Q2 despite falling freight rates.
8 Aug 2013