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Singapore LSFO Suppliers Up, Premiums Down

September's premium of $116 for LS380 in Singapore had dropped to $101.50 at the end of last week.

Reefer Rate Rise Causes Concern for Exporters

Export group exec says 25 to 30 percent rise from New Zealand to Asia is of concern.

Unpaid Bunker Bills Force Arrested Cruise Ship Switch

CIC's arrested Athena replaced with Passat Kreuzfahrten's Delphin for the upcoming Australian cruise season.

GL Plans Zero-Emission Ferries for Baltic

The ferries, designed for European transportation company Scandlines, could be implemented within five years.

Week Ends with Bunker Prices Mostly Steady

Many ports saw bunker prices make small changes on Friday, and crude moved up for a second consecutive day.

Frankenstorm Sandy Heads for the East Coast

Supplier says if it makes landfall there's "no doubt" the storm could effect deliveries, as New York declares a state of emergency.

Daina Shipping Fined $300,000 for Rena Spill

Judge Robert Wolff says the company had not deliberately caused it, but Tauranga mayor Stuart Crosby says they got off lightly.

ABB Revenues Up, Profits Down

Power and automation company says orders in the marine sector grew, despite "a challenging macro environment."

Euronav Nets Q3 Loss of $34.9 Million

The tanker company said it has sold VLCC Algarve, which will be converted to a FPSO unit.

Rolls-Royce Gets £24 Million PSV Order

The four vessels will be used on oil and gas platforms off the Brazilian Coast

Two Chevron Ships to Feature MAN EGR

MAN says the systems will let the ships meet Tier III emission standards and allow full fuel flexibility.

Private Equity Firm to Only Invest in Green Ships

Vigor Capital says its interested in anything that significantly reduces fuel use and pays for itself.

NAT in New $430 Million Credit Facility

CEO says it will enable the company to grow, based upon both possible vessel acquisitions and newbuildings.

Global Acceptance of LNG Bunkers Unlikely This Decade

But LR's Iain Wilson says that the LNG bunkering infrastructure could be done "relatively simply."

Panama Supply Tight Amid Concern Over Cristobal Terminal Disruption

Traders concerned the ongoing strike in Colon could mean public terminals are closed preventing the loading of bunkers.

NOL Posts First Quarterly Profit Since 2010

Group CEO Ng Yat Chung says efforts to improve the Group's competitive position are paying off.

U.S. Bunker Barge Sent 500nmi to Meet Low Sulfur Demand

Bunkers ordered for the tankers Kometik and Maatea was sent to Halifax, Canada from New York.

NOL Completes Sale of Singapore Headquarters

456 Alexandra Road sells for S$380 million, firm will then lease it back from the buyer.

Thursday Bunker Prices Have Little Movement

Many ports saw little change on Thursday, while crude moved up for the first time in seven market days.

Vopak Secures $1 billion in Private Placement Programme

Firm attracts 10 new investors, proceeds will be made available towards the end of the year.

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