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Island Offshore Takes Delivery of Another LNG PSV

Firm says using gas compared to gasoil will give it "considerable savings."

OW Bunker To Supply Low Sulfur Bunkers in Panama

Supplier says it it responding to a "surge in demand" with the U.S. West Coast having "coming under strain" since implementation of the ECA.

Bunker Prices End Week Making Gains

Marine fuel prices started to move up on Friday with many ports seeing small to moderate gains.

China Invests in North Korea Ports

Port leasing agreement gives China access to Sea of Japan for shipping from northeastern provinces.

Finnish, Chinese Firms Partner for Fuel Efficiency Solutions

Finnish data company Eniram Ltd. says the partnership with Headway Technology of China will increase its market reach in Asia.

Operating Costs For Shipping Up 2.1%

Moore Stephens report finds crew costs the main factor in the increase for 2011, while insurance costs fell.

Eco Marine Power Wins Award From Oceans Group

Japanese builder promises to reduce fuel use and cut emissions with a combination of wind and solar technology.

China in Arctic Crossing First

Chinese ice breaker Xuelong returned to Shanghai on Thursday to become the first vessel from China to cross the Arctic Ocean.

Wrist Group Launch Marine Fuel Trading Firm in Singapore

Dynamic Oil Trading launched "to meet the fast paced demands of the shipping industry," will trade in global marine fuels and lubricants.

Bunker Prices Continue to Drop on Thursday

Thursday saw bunker prices continue to move down, while crude made a gain of over 2%.

Vessel Stranded Since 2010 Arrested, Brought Ashore

Chennai authorities arrested Korean OSM Arena, and union officials plan to bring 14 starving sailors in for medical care.

Maersk to Raise Rates 10-11%, Drop Ship Speed, Capacity

CEO Anderson says too many ships are sailing the Asia to Europe route now, given weak trading on the route since the start of August.

Competition Authorities OK Vitol-Grinrod Deal

Vitol says 50 percent ownership of Cockett Marine Oil will help the company grow in marine fuel resale market.

Vitol is Buying and Selling Iranian Fuel Oil

Titan ships implicated again as the Islamic Republic's cargo is blended with EU product after a ship-to-ship transfer off Malaysia.

Mid-week Bunker Prices Move Down

Global bunker prices moved down on Wednesday as crude fell below $90.00 a barrel.

Lower Fuel Spending Cushions Carnival Profits

Fuel prices, consumption down in third quarter of 2012 as company coped with lower ticket prices.

Cleantech Firm Touts Marine Propulsion, Cooling Systems Technology

InterCore Energy says its acquisition of the Legacy Group will allow the development of profitable, environmentally friendly technology.

Ocean Model Could Save Thousands in Bunker Costs

TideTech says vessels transiting Malacca and Singapore Straits can minimize fuel consumption by using favourable tides.

Brightoil Houston Office Part of Crude Oil Trading Plans

Firm ends uncertainty for the location, says it will add 10 traders to Singapore and the U.S. but reports net profit slumped 76% year-on-year.

Tuesday Bunker Prices Mixed

Latin American bunker prices were mostly moving down on Tuesday, but elsewhere markets lacked direction and saw small movements.

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