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Huge Jump in Q1 Profits for Lanka IOC
The Indian Oil Corporation subsidiary had suffered from finance costs due to the rupee's depreciation against the dollar in 2012.
23 May 2013
Daily Bunker Price Report, Wednesday May 22, 2013
Bunker prices in the world's primary bunkering ports were soft on Wednesday.
22 May 2013
Container Volumes, Bunkering Opportunities Up at Port of Long Beach
Larger ships are calling at the Port more frequently and new service lines have been added.
22 May 2013
New Navy Ships to Use Hybrid-Electric Propulsion
The amphibious assault vessels will use auxiliary propulsion systems 75 percent of the time.
22 May 2013
Maersk "100 Percent Certain" About Doubling Freight Rates
The company is seeking to recover from a drop in spot rates over the past two months.
22 May 2013
MHI to Build Fuel-Saving LNG Carrier for MOL
The ship is the sixth in its Sayaendo series of eco-ships, which promise to reduce fuel use by 20 percent.
22 May 2013
BV: Shipowners Showing Growing Interest in LNG Bunkers
The firm said demand for fuel-efficient designs is also high and that ship prices have hit bottom.
22 May 2013
Interferry Applauds Sector-Specific EEDI Approval
New designs "will have to be extremely innovative and advanced" to meet the requirements.
22 May 2013
Offshore Services Firm Orders Second Fuel-Efficient Vessel
The vessels feature a hull form designed to cut through waves rather than ride over them.
22 May 2013
Daily Bunker Price Report, Tuesday May 21, 2013
Bunker price movements were mixed for a second day.
21 May 2013
Viking Orders Two Fuel-Efficient Ocean Cruise Ships, Will Sail at Higher Speeds
The orders mark the river cruise company's entry into the ocean cruise market.
21 May 2013
U.S. Agency Warns of Pollution Danger from Old Wrecks
NOAA says bunkers or cargo oil may need to be removed from 17 sunken vessels that sank between 1936 and 1984.
21 May 2013
World Fuel Services Growing Faster than Apple
The company grew at a 39.8 percent annual rate over the past decade and now ranks 74th on the Fortune 500.
21 May 2013
New Trader at Dan-Bunkering in Monaco
Nicolai Baden has more than 12 years of experience within agency, vessel operation and bunker trading.
21 May 2013
South Korea Refiner to Continue Bunker Fuel Cargo Imports
GS Caltex's bunker fuel production has declined and needs the imports to keep up its bunker sales volume.
21 May 2013
Aegean: "Conservative" Approach to Credit Limited Sales
As customers' credit improves, it will be "very easy for us to expand our tonnes," chairman says.
21 May 2013
EU May Fund Baltic LNG Terminal
Local nations must reach an agreement on a site by the end of June to qualify for funding.
21 May 2013
Daily Bunker Price Report, Monday May 20, 2013
Bunker prices open the week with mixed movements, but generally making gains in Asia.
20 May 2013
Lower Bunker Costs Help Maersk Line to Q1 Profit
Efficiency improvements helped the shipping company's bottom line despite lower volumes.
20 May 2013
Transport Canada: ECA Compliance Achievable but Challenging
"In essence, the domestic marine infrastructure cannot provide an adequate supply of alternative fuels," says Transport Canada.
20 May 2013
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