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GDZR in Warburg Pincus Deal Over Titan Shares, Assets

Firm will acquire all SPHL's interests in Titan Listco Preferred Shares, and certain assets of the StorageCo entity.

Fednav Orders New Ice-Breaking Bulk Carrier

Design and construction of the 25,000 dwt vessel placed with Japan's Sumitomo Corporation and Universal Shipbuilding Corporation.

Bunkering Suspended in New York

Supplier tells Ship & Bunker terminals are closed until power can be restored.

Panama Cargo Operations Back to Normal

APL says the road-blocks to the Manzanillo International Terminal have been removed.

Further Mixed Bunker Prices on Tuesday

Marine fuel prices continued to lack direction on Tuesday, with many ports seeing small, mixed movements.

Dynamic Oil Adds New Trader

Sharon Ng joins the new Singapore headquartered bunker trading company from Toyota Tsusho Petroleum Pte Ltd.

Coastline Speed Limit Could Drop Emissions 70%

Report finds lower speeds mean less CO2, NO, and soot, and could protect health of people on shore.

Odefjell Lay Off 189 to Avoid Bankruptcy

Cost-cutting comes in the wake of a shutdown of its Rotterdam storage tank operations over health and safety issues.

Operating Costs to Rise 3% in 2012, 2013

Moore Stephens survey finds lube expenditure will be a big factor as crude oil prices harden.

MAN Presents First EGR Tier III-Compliant Engine

HHI will install the engine in a Maersk Line C-class container vessel, which will run in Tier III mode 20 percent of the time.

EnergySail Commercialisation Planned Within Five Years

Developer "trying to get wind back on ships" with rigid sails that combine wind and solar power.

Director Resigns from Singapore Based Bunker Trading Firm

Alvin Tan's departure effective immediately after almost five years at the Monaco headquartered company.

Europe Agrees to Back New Sulfur Limit

The new rules mean by 2020 there will be a 0.50% limit on the sulphur content of marine fuels used in EU waters.

SEEMP Drives Uptake of Anti-Fouling Monitoring

Propulsion Dynamics say uptake also due to rising fuel costs and increasingly stringent emissions regulations.

Bunker Prices Mixed on Monday

The week opened with mixed bunker prices, with markets in North America seeing some gains.

Barge Operator Kirby 'Pleased' With Q3 Performance

The company said it was able to increase its profitability despite negative impacts, and its fuel cost dropped 5.2% year-on-year.

As Fuel Costs Rise, Deeper Channels Draw More Ships

South Carolina ports official says the Port of Charleston has a competitive advantage compared with others in the region.

N. American ECA Causes Significant Bunkering Downturn at UK Port

The UK port of Falmouth is seeing fewer ships take on low-sulfur fuel for use in the European ECA since more are carrying it already.

Former BP, Brightoil Exec Joins OW Bunker

Paul Bradshaw, head of trading operations for Asia at BP, new Regional Manager for OW Bunker Asia.

Royal Caribbean Results "Better Than Expected"

Cruise company says focus on costs, close-in bookings has helped fight industry downturn.

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