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AET Gets Statoil Contract

The ships may also be built with liquefied natural gas dual-fuel powered engines.

Maersk CEO Says No to Price War

Asia to Europe rates are now too low to cover costs, Anderson says.

Bunker Prices Lack Direction as Week Opens

Global bunker prices were mixed as the week opened, with many regions seeing both modest positive and negative price movements.

Alaska Fuel Spill: "Minimal Amount" Leaked

There have been no reports of impacts to wildlife or the shoreline.

Vessel Insurance: Iran Can Easily Bypass Embargoes

Iranian insurance official says it has taken "precautionary measures" and insured its oil tankers.

British Columbia in LNG Deal with First Nation

The Haisla First Nation would work with an industry partner to create an LNG plant near Kitimat under terms of the agreement

Hong Kong Offers Incentives for Low Sulfur Fuel Use

With air pollution a major concern, Hong Kong seeks 0.5% sulfur content for ships calling at its ports.

New Magnetic Technology for Oil Spills

MIT researchers say they have found a way to separate oil from water that could be more cost-effective than current methods.

Bunker Prices Up as Week Closes

Global bunker prices ended the week with many ports seeing positive price movements.

PMSA Praise for California Bunker Tax Law

Association Vice President John Berge says the legislation is needed to keep the marine fuel industry alive and well.

IMO Head Calls for Focus on Ballast Water

Sekimizu asked ship owners to push their governments to adopt IMO rules and to voluntarily adopt the standards.

$11 Billion Fredriksen Deal: Market "Very Close to the Bottom"

Shipping magnate argues the shipping slump has hit its bottom and says he wants to get in as a buyer.

Titan Tankers Hiding Iranian Oil in Malaysia

Two Titan vessels being used as "mobile storage depot" for crude oil as way to skirt Western sanctions, sources say.

Singapore Bunker Sales Dip in August

The world's largest bunkering port by volume stays on track to make 2012 its best year on record despite August's volumes being the lowest since February.

Global Bunker Prices Uncertain on Thursday

Global marine fuel price movements were varied on Thursday, with many regions seeing prices lack direction.

Fuel Spill From Barge in Alaska

Calculations to determine the volume of the spill are currently in progress.

New Marketing Executive For Dan-Bunkering in Beijing

The appointment of Dena Kong was effective August 13, 2012.

New Zealand Maritime Bill Gets First Reading

The bill would increase compensation payable for disasters like the 2011 Rena shipwreck.

BIMCO: ECO Ships Worth 25% Premium

Rising bunker prices would mean a greater premium from fuel saving, environmentally friendly features.

Malaysia Takes on Singapore with 'Aggressive' Oil Plan

The nation wants to reach 10 million barrel storage capacity and attract 20 new trading companies by 2017

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