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East, Gulf Coast U.S. Port Strike Averted for 90 Days
FMCS said the parties made the extension 'for the good of the country.'
20 Sep 2012
Experienced Bunker Trader Joins Dan-Bunkering Monaco
Jacopo Pigliapochi appointed Bunker Trader at Dan-Bunkering (Monaco) S.A.M. effective August 20, 2012.
20 Sep 2012
NYK in Joint Venture With ROLF Group
The deal expands NYK's footprint in the logistics business as shipping comes under fire from high bunker prices.
20 Sep 2012
DNV Plans Power System for Remote Operations
OPera system will provide centralised power generation, improving efficiency, and streamlining operations.
20 Sep 2012
ABB Promises Up To 20% Fuel Reduction
The new system combines ABB's energy management software with the Octopus system from Amaracon, which ABB recently acquired.
20 Sep 2012
Wärtsilä Hamworthy Wins Hyundai Mipo Dockyard Contract
Cargo handling equipment and engineering deal is for four medium size carriers with hulls optimised for fuel consumption.
20 Sep 2012
NAT to buy Fredriksen's Frontline Interest in Orion Tanker Pool
Frontline says it want to be more flexible in the operation of its vessels.
20 Sep 2012
Third Adjournment for Titan Hearing
New hearing at the Supreme Court of Bermuda is now scheduled for November 16, 2012.
20 Sep 2012
Arctic Ice Levels Fall to Historic Low
NSIDC says in twenty years it might be possible to take a ship right across the Arctic Ocean in August.
20 Sep 2012
MMEA Foil Pirates' Sale of Syphoned Bunkers
Fuel from a hijacked vessel attempted to be sold at below market price.
20 Sep 2012
Wednesday Bunker Prices Fall to Lowest Levels in Over a Month
Key ports see their lowest IFO380 prices since mid August, and a big drop in crude sees the WTI spot price lose $7.02 in three days.
19 Sep 2012
High Bunker Prices "Represent an Opportunity"
NYK says efforts to save fuel can differentiate itself from competitors as bunker costs form the "lion's Share" of operating costs.
19 Sep 2012
Bunker Price Affects Cruise Ship Placement
Princess Cruises executive says "fuel is on our minds" when deciding where to place their ships.
19 Sep 2012
Workers Threaten Port Strike in U.S. East, Gulf Coast
Key issues in negotiations are overtime rules, royalty payments and job security in the face of automation.
19 Sep 2012
Shipping Industry Confidence Down
A glut of newbuildings and uncertainty in the global economy drove the confidence level as low as it's been four years.
19 Sep 2012
Asia-Pacific Poised for Jump in Cruise Industry, Panel Says
Annual cruise event showcases new Marina Bay Cruise Centre Singapore as model for cruise infrastructure in Asia.
19 Sep 2012
Three Cruise Ships Arrested
Vessels held in France, Montenegro, for unpaid debts which include bunkers as bank says it will not fund any further operations of the firm.
19 Sep 2012
Tuesday Bunker Prices Falling as Crude Drops Again
Bunker prices dropped abruptly on Tuesday following a significant drop in the crude price for a second consecutive day.
18 Sep 2012
"Lowest Possible Emissions" MAN Engines Ordered
The engine design aims to minimise fuel consumption and emissions while optimising manoeuvrability.
18 Sep 2012
Brightoil VLCC Delivered
The Hong Kong-based company expects five such vessels to be delivered by mid-2013, bringing its capacity to more than 2 million DWT.
18 Sep 2012
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