News Prices Demand Map
Free Registration
& Daily Email Subscribe

All News

BIMCO: Hull Design is Driven by Fuel Efficiency
The organisation says the need for fuel efficiency and sustainable performance has encouraged a "whole new generation of designs."
3 Oct 2012
Cargill to Drop Ship Speed 18% to Tackle its $2 Billion Bunker Bill
Firm combines with Huntsman Corp. and UNIPEC UK saying they will only charter the most fuel-efficient vessels.
3 Oct 2012
ABB Wins $35 Million Next Gen Icebreaker Deal
The Swiss firm will supply propulsion and energy efficient electrical systems that reduce fuel consumption up to 20 percent.
3 Oct 2012
ICS Welcomes Malacca, Singapore Straits Safety Progress
Discussions between Singapore, Malaysia, and Indonesia to advance navigational safety in the region "may lead to real progress being made" thanks to India.
3 Oct 2012
PoLB Ready for Larger, Fuel Efficient Vessels
Port says it's ready for the next generation of ships as MSC Beatrice, the largest cargo ship ever to visit any port in North America, calls at the port.
3 Oct 2012
Bunker Prices Steady Tuesday
Global marine fuel prices mostly made small movements but lacked direction as crude moved down after three consecutive market days of gains.
2 Oct 2012
New Bunker Trader for Sweden's Topoil
Andersson's appointment was effective October 1, 2012, and was a promotion from within the company.
2 Oct 2012
EU to Pursue Emissions Reporting for Ships
The European Commission says industry measures put in place by the IMO aren't moving fast enough.
2 Oct 2012
German Firms Offer New Propulsion System
The companies say rising fuel costs and strong competition force ship operators to increase efficiency.
2 Oct 2012
ISU has Serious Concerns Over Bunker Removal Clause
Language proposed for Lloyd's Open Form salvage contract would give P&I insurers more control over bunker removal.
2 Oct 2012
TORM Completes Restructuring Agreement
Deal sees TORM with a new $100 million working capital facility and renegotiated time charter-in contracts saving the firm up to 36%.
2 Oct 2012
Rising Bunker Prices Cited as MOL Revises H1 Profit Outlook
The Tokyo headquartered shipping firm now expects a loss of $172.9 million.
2 Oct 2012
Singapore in S$3.5 Billion Port Investment
An automated container yard and unmanned rail mounted gantry cranes will serve the "next generation of containerships."
2 Oct 2012
Bunker Spill in the Philippines
300 liters of bunker fuel was reported to have leaked from a submarine pipe during bunkering.
2 Oct 2012
$27.6 Million Settlement Reached on MV Rena
Daina Shipping to pay pay $27.6 million plus an additional of $10.4 million if it leaves part of the wreck in place.
2 Oct 2012
Monday Bunker Prices Move Down in Europe and Asia
Marine fuel prices moved down in Europe and Asia while in the U.S. little movement was seen.
1 Oct 2012
Caribbean Residents Worried About New Fuel Facility
Canadian Global and American Tank and Vessel are planning two 6M barrel storage tanks on the Federation of Saint Kitts and Nevis island.
1 Oct 2012
Canada Eyes Fuel Cells for Coast Guard Vessels
The government says it hopes to install 1,500 kW hydrogen fuel cells on the ships to reduce emissions, fuel consumption but could cost more than $6 million for each fuel cell system.
1 Oct 2012
Group Urges Ban on Bunker Fuel in Arctic
A new paper from Transport & Environment warns of a vicious circle as arctic ice melts and activity increases.
1 Oct 2012
MPA Makes Maritime Sector Investment Announcement
MPA says the S$9 million a year cost will help reduce the operating costs of vessels calling at Singapore and help develop a pool of skilled talent for the maritime industry.
1 Oct 2012
Popular Now See all →