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Five Dead, One Hurt in LPG Carrier Gas Leak

The accident of the coast of India is under investigation.

Auckland Sees "Exponential Growth" in Cruise Traffic

New Zealand port is building a new cruise facility, doubling capacity for the 2013-2014 season.

Hanjin Improves Performance with Rate Recovery

Shipping company sees rate improvement in 2013 Trans-Pacific routes as U.S. economy improves.

Indian Firm Gets Fujairah Storage Contract

The $82M facility will have a capacity of 600,000 cubic metres, representing part of a boom in the port's oil and gas business.

CMF to Offer RMK 500 in the Canary Islands

Supply of the high viscosity fuel in Santa Cruz de Tenerife port in response to market demand.

Iranian Bunker Sales Remain Steady

NIOPDC says H1 sales of 850,000 metric tonnes was "average" in comparison to recent years.

Bunker Prices Continue to Fall

The week opened with bunker prices continuing to make losses in many ports, and crude saw some recovery from last Friday's big drop.

New York Bunkering Still Difficult

Some terminals are open but a lack of power means only one berth is currently available for bunkering.

China's Teapot Refineries Could Resist Closures

A new report finds some small, independent refiners could boost their production in the face of challenges from government regulations.

TORM Announces Technical Completion of Restructuring

The Danish shipping firm said its ability to meet new financial agreements depends on the tanker and bulk markets.

Maritime Emissions Down 40% in U.S. North West

Ocean-going vessels reduced their emissions 16 percent, but pollution from harbor vessels rose.

Slow Steaming, Service Changes Narrow NYK Line Losses

But high bunker fuel prices and yen appreciation see it downgrade The Japanese shipping company reduced its earnings guidance for 2012, citing "severe environment" and high bunker costs.

1,000th Order For 'Exceptional Fuel savings' Engine

Wärtsilä says it's a milestone for electronically controlled engines with good environmental performance.

Big Loss Looming For Brightoil

Decreasing bunker demand and the depressed shipping industry blamed as the Hong Kong listed firm issues a profit warning.

Bunker Prices Continue to Weaken

IFO prices in key bunkering ports cement their position as the lowest prices in over three months while the positive six month trend continues to flatten.

WFS Marine Segment Q3 Profit Up to $54 Million

Overall the company made $51.5 million in profits on revenues of $9.9 billion.

CSAV Returns to Profitability After Major Restructuring

Chilean shipping company has cut back on operations in Asia and Europe over the past year.

NOCC Gets $14M to Finance Fuel-Efficient Car Carrier

The vessel built in 2010, will be used in a seven-year time charter, adding $60M to the company's revenue backlog.

Gunvor Signs Export Deal With Rosneft

Gunvor Group will export 6 million tonnes of products through its Baltic Sea and Black Sea terminals.

Iranian Product is 'Killing the Bunker Market in Fujairah'

Iranian fuel oil being sold at a discount through a UAE firm has caused the market to become "ultra depressed."

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