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Daily Bunker Price Report, Wednesday Mar 20, 2013
Distillate prices in some key ports hit their lowest level since last summer.
20 Mar 2013
Siemens Awarded Multi-Million Dollar Deal for Fuel Saving Diesel Electric Systems
The company says the systems to be used for U.S. PSVs save fuel and reduce emissions.
20 Mar 2013
Sekimizu: Whole Community Must Help with Low Sulfur Costs
The IMO chief said governments and energy companies need to help shipping get the kind of clean fuel as other industries.
20 Mar 2013
TORM Loss Increases in 2012
Costs related to restructuring, continuing difficulties in product tanker and dry bulk markets.
20 Mar 2013
EEA Says Reducing Fuel Use Best Way to Reduce Emissions
The European Environment Agency study argues that the industry must reduce both air pollution and greenhouse gas emissions.
20 Mar 2013
Maersk Line: Fuel Efficiency Made Profits Possible
"CO2 performance is starting to become real competitive parameter" as customers choose a shipping line.
20 Mar 2013
Carnival Raises Revenues, Reduces Bunker Costs
Company CEO says "continued focus" on fuel consumption savings will drive higher return on investment.
20 Mar 2013
69% in Shipping Say Fuel Efficiency is Key to Improvement
The survey also found only 33% have plans for new ship orders, but that may be changing.
20 Mar 2013
Daily Bunker Price Report, Tuesday Mar 19, 2013
Bunker prices were a little mixed in Europe but were trending down elsewhere.
19 Mar 2013
Adjournment Number 6 for Titan Winding Up Hearing
Company calls the proceedings "an abuse of process."
19 Mar 2013
Sources: Brightoil Hires New Head of Fuel Oil Trading in Singapore
Former FAL Oil and Koch fuel oil trader Ong Eng Hian said to be filling the vacant position in April.
19 Mar 2013
Polish Shipyard Building "Largest Ever" Gas-Powered Ferry
The ferry, with a capacity of 550 people and 165 cars, will run solely on LNG, with CNG backup.
19 Mar 2013
GE: Electrification Helps Fuel Efficiency
GE Power Conversion supplied systems for the MSC Preziosa, which has now completed sea trials.
19 Mar 2013
Japan Seeking Better Access to U.S. LNG
The fuel costs $16.70 per million Btu in Japan, compared with $2.83 in the U.S.
19 Mar 2013
Hong Kong Company Strikes Bunker Deal After "Hibernation"
Pan Asia Mining has said it is 'remodelling' its marine fuel business, which had been 'undergoing hibernation.'
19 Mar 2013
Maersk Line: New Rate War Looms for Intra-Asia Liner Markets
Efforts to fill larger ships on the market will drive rates down, says a Maersk Line official.
19 Mar 2013
Daily Bunker Price Report, Monday Mar 18, 2013
The weeks starts with more gains for bunker prices, although prices in Europe were soft today.
18 Mar 2013
Experienced Trader Joins OW Bunker in Hong Kong
Company says Gareth Tan Tze Yuen has many years of experience as a bunker trader within the Asia Pacific region.
18 Mar 2013
Little Change for Japan's January Bonded Bunker Sales
Bonded bunker sales in Japan were up just 0.05 percent year on year to 347,917 kiloliters.
18 Mar 2013
Port of Antwerp Announces "Significant" LNG Bunkering Step
DNV are to develop procedures for its LNG bunkering operations and identify potential risks.
18 Mar 2013
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