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Wärtsilä Launches Aframax with Built-in Scrubber
Ship Design division says the new ship will offer both fuel savings and the ability to meet new emission standards.
23 Oct 2012
GE Pushes Electric Propulsion for Navies
After acquiring its Power Conversion business last year, the company says it can offer cost-saving options.
23 Oct 2012
Singapore Bunker Suppliers Under Pressure
Chemoil and Global Energy are changing their businesses in response to lower demand, more payment defaults.
23 Oct 2012
Sanctions Could Bankrupt IRISL
Managing director of IRISL says European sanctions, cyber attack, and insurance challenges have hurt the company.
23 Oct 2012
Markets Open with Soft Bunker Prices
Global marine fuel prices continued down on Monday, and crude fell below $90.00 a barrel.
22 Oct 2012
Sinopec Expands Bonded Bunker Sales to Rizhao
Additional bunker barge means ship owners can now refuel their ships at the anchorage ground instead of berths at port.
22 Oct 2012
Synthetic Fuel Firm Loses $6.7M, Close to Commercialisation
Quadrise says it has projects in Saudia Arabia and Mexico close to moving forward, as its cumulative loss hits $54.2M
22 Oct 2012
New Ships To Drop Fuel Use Almost 20%
Owner Erik Thun says two ships it has ordered will use 19.4 percent less fuel thanks to optimised hull shapes.
22 Oct 2012
Building of Largest Canadian CONRO Starts
Builder Flensburger promises eco-friendly design with dry scrubber system, and the ability to accommodate variety of cargo.
22 Oct 2012
New Executives at Bomin, Matrix
The Matrix and Bominflot brand names will remain in use in Texas and Louisiana despite the acquisition.
22 Oct 2012
2013 Biggest Year Ever For Containership Deliveries
Demolition has reduced the effects of supply growth this year, according to Braemer Seascope analyst.
22 Oct 2012
Container Supply Growth is Slowing
BIMCO expects 7.2% growth in 2012 that will drop to 7% next year.
22 Oct 2012
Singapore Suppliers Can Join Forces for an LNG Bunker Licence
MPA official says key requirement for approval is the experience and expertise to handle LNG, and to be willing to invest in the industry.
22 Oct 2012
Nordic Exceeds Plans for Northern Sea Route Journeys
Managing Director Christian Bonfils says the carrier has saved millions by going through the Russian Sea instead of the Suez Canal.
22 Oct 2012
Week Ends with Mixed Bunker Prices
Global bunker prices saw small mixed movements on Friday, and crude saw a price drop of just over 2%.
19 Oct 2012
Wärtsilä Results Up with Strong Offshore, Specialised Vessel Orders
CEO Rosengren says Hamworthy acquisition helped boost results in the face of uncertain global market.
19 Oct 2012
Analyst: Shipping Industry Must Choose Alternative Fuel
Shell Trading analyst says the industry must collectively choose one alternative to invest in to make 2020 deadline.
19 Oct 2012
Non-Compliant Fuel Cases Down in U.S.
Coast Guard finds incidents down from 18 in 2011 to eight so far this year, showing the industry is adapting to regulations
19 Oct 2012
KPI Bridge Oil Appoints New Trader
Firm says Mr. Mauro Agostini will be a great asset as he joins the company in their Miami, U.S. office.
19 Oct 2012
Tolson, Richardson Join OW Bunker
Supplier launches its U.S. Physical Division as former Noble, Chemoil men join to drive firm's growth in North America.
19 Oct 2012
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