All News

Demand for Mass Flow Metering Remains Low
Barging company says higher bunker prices, and better education on the technology should see its use increase.
19 Nov 2012
Eco Tanker Orders Adding to Oversupply Problems
Fuel-efficient ships are an attractive way to help margins, but industry "needs less ships not more."
19 Nov 2012
Uncertainty for Americas Bunker Prices
Friday saw some markets make double-digit gains, others remained steady, and others dropped over 10%.
16 Nov 2012
Weakened European Demand Hurts DFDS Q3 Results
The Danish shipping and logistics company says the results were what it expected, and 2012 profit expectations are unchanged.
16 Nov 2012
Lower Bunker Prices Cushion Odfjell Loss in Q3
The chemical company reports a net loss for the quarter following the shutdown of its Rotterdam Terminal.
16 Nov 2012
Europe, Middle East End Week with Mixed Bunker Price Movements
Bunker price movements were generally small, with a $6.50 gain for Canary Island IFO380 the region's biggest IFO movement.
16 Nov 2012
UK Businesses, Ferry Operators Protest EU Sulfur Limits
One Plymouth business leader calls new rules "barking mad" and warns they could hurt the local economy.
16 Nov 2012
Bunker Prices make Further Small Gains in Asia
Hong Kong IFO380 saw a fourth consecutive day of gains as East Asia markets climbed, but Singapore remained steady.
16 Nov 2012
Matson Hires Government, Community Relations Head
Ku'uhaku Park is a former government and public affairs manager of Horizon Lines and is involved in transportation industry groups.
16 Nov 2012
Short Sea Shipper Adds Fuel-Efficient Container Ship
Company says a larger ship help energy-saving short sea shipping compete against intermodal transport.
16 Nov 2012
Bunker Prices Steady to Firm in the Americas
Prices in Latin America generally steady, although Valparaiso MGO fell $70.00.
15 Nov 2012
Marine Hull Coatings Market to Double to $10.2 Billion
Focus on fuel efficiency, environmental regulations makes coatings more attractive.
15 Nov 2012
Bunker Prices Climb in Europe, Middle East
Almost all movements were single-digit changes, with a few exceptions including MGO in RIchards Bay, St Petersburg, and Rotterdam.
15 Nov 2012
LNG Bunkering Planned for Baltic Sea
Russian gas exporter Gazprom says global demand for LNG bunkers will be 40 bcm by 2030.
15 Nov 2012
Overseas Shipholding Group Files for Bankruptcy
OSG says weak rates have hurt its results; the price to hire a tanker dropped to $14,900 a day from $28,000.
15 Nov 2012
Hong Kong IFO Bunker Prices Continue to Climb
Singapore IFO380 gained $7.00 as Hong Kong saw a third consecutive day of rising IFO prices.
15 Nov 2012
BV Classes World's Largest Containership
CGM Marco Polo features electronically controlled engine and hydrodynamic features for reduced fuel consumption and emissions.
15 Nov 2012
Shipowners Unaware of SEEMP Fuel Saving Potential
Survey shows North Americans are the best prepared for SEEMP, while Europeans lack confidence in their understanding of SEEMP.
15 Nov 2012
LNG Uptake in China Unlikely in Coming Years, says Supplier
Chimbusco predicts Chinese bunker demand to maintain growth of 10 percent per annum.
15 Nov 2012
Vopak and SABIC in Downstream Joint Venture
Firms say the terminal will provide the petrochemical industry in Jubail with a critically important export facility.
15 Nov 2012