All News

Drewry: 2013 a Tough Year for Tanker Owners

Market continues to struggle under the pressure of overcapacity.

12 Feb 2013

Big Gain for IFO Bunker Prices in Los Angeles

Americas markets overall were quiet for Carnival holiday, and Vancouver celebrated its first ever Family Day.

11 Feb 2013

Double-Digit Gains for Mediterranean, Black Sea Bunker Prices

Algeciras, Piraeus, and Genoa see both IFO and distillates make strong gains today.

11 Feb 2013

Maersk Line Adjusts Bows for Slow Steaming

Retrofitting bulbous bows saves 8 percent on fuel, makes idle ships useable, the company says.

11 Feb 2013

Malaysia Detains Four Ships for Illegal Fuel Transfers

36 crew members have been detained in joint operation by government agencies.

11 Feb 2013

Shore Power Facilities Take a Step Forward in San Diego

The new infrastructure will allow Dole Fresh Fruit Company to turn its engines off when in berth.

11 Feb 2013

Quiet Day for Bunker Markets in Asia

Spring Festival / Chinese New Year left much of the region quiet.

11 Feb 2013

OW Bunker Appoints New UK Trading Manager

John Tsogas "brings a tremendous wealth of experience, knowledge and contacts."

11 Feb 2013

New CSR Bulk Carrier Design Uses 30 Percent Less Fuel

The Sea Dragon series is based on state-of-art hydrodynamics and the latest engine technology.

11 Feb 2013

Maersk Line Chief Commercial Officer to Step Down

Lucas Vos, will leave his position on May 1, 2013

11 Feb 2013

NuStar Energy Reports Loss

U.S. Energy Company is shifting its focus from asphalt and fuels refining but expects higher bunkering and fuel oil results in 2013.

11 Feb 2013

Bunker Prices Up on U.S. East, Gulf Coasts

IFO380 on the West coast dipped a little today.

8 Feb 2013

Bunker Prices in Europe End Week with Small Gains

But there was no change for IFO380 in a number of ports, including Rotterdam.

8 Feb 2013

Bunker Prices in Asia Climb Further on Friday

Both IFO and distillates made gains in most of East, and South East Asia.

8 Feb 2013

MAN Diesel Engines Bound for Greek VLCCs

The engines support a trend toward larger propellers for greater tanker efficiency, MAN Diesel says.

8 Feb 2013

Suez Canal Toll Hike Could Push Ship Owners to Alternate Route

The cash-strapped Egyptian government plans to raise rates in May.

8 Feb 2013

Swedish Shipping, Industry Customers Want LNG

A new survey confirms the market for imports at a new Port of Gothenburg terminal.

8 Feb 2013

LNG Shipping Rates To Fall

Falling winter demand will hurt the market, despite increasing price differences between Europe and Asia.

8 Feb 2013

Increase for VLCC Rates

The improvement comes despite continuing high supply of tonnage.

8 Feb 2013

Fuel Subsidies for India's Fishermen OK'd

They will be considered individual customers for the purposes of fuel supply.

8 Feb 2013