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Bunker Prices Continue to Make Gains on Thursday

Global bunker prices generally continued to climb on Thursday, however many South American ports saw negative movements.

MV Thermopylae Sierra Sinks off Coast of Sri Lanka

The vessel has been detained in Sri Lankan waters by court order since a 2009 dispute involving the cargo and its crew

Troubles Deepen for TORM

The firm said it was now in breach of its financial covenants, has no credit lines available, as well as no order book.

MV Rena Owners to Face Charges Thursday

As registered owners MNZ say Daina Shipping had overall responsibility for the ship's operation.

Small Gains for Wednesday's Bunker Prices

Marine fuel prices were generally moving up on Wednesday with many ports seeing small gains.

WFS Resumes Bunker Supply for Sanko Vessels

The company's trustee says WFS has agreed not to arrest any of Sanko Line's vessels.

Rolls-Royce Wins £8 Million Design and Power Contract

The "highly specialised" environment focused design will be for a vessel operating in remote waters off the east coast of India.

Quadrise to Expand Alternative Fuel Business in Saudi Arabia

Firm plan to start a joint venture to undertake all further business in Saudi Arabia

ConocoPhillips Sells Its 30% Stake in NaryanMarNefteGaz to LUKOIL

ConocoPhillips says move part of its ongoing strategy to reposition its asset base.

A.P. Møller - Maersk Place €750 Million 7-Year Bonds

The Danish conglomerate said net proceeds from the bond sale will be used for "general corporate purposes."

Group Describes Alternative Bunker Fuel Development

Mixture said to produce 15 percent lower emissions of "soot-like particulates" and 26 percent less nitrogen oxide.

Little Movement in Global Bunker Prices on Tuesday

Bunker prices made small gains in many ports throughout the Americas and Asia but European markets remained mixed.

Port of Long Beach Awards $5.4 Million For Air Quality Projects

Port says the 28 projects incorporate the best available technologies to cut pollution and provide positive residual benefits.

Port of Los Angeles Awards $31.3 Million Shoreside Power Upgrades

The port's cold ironing alternative marine power (AMP) systems expected to result in significant emissions reduction

Bomin Group Expands Operations in the Mediterranean

Firm to supply bunkers in the Spanish ports of Alicante and Castellon.

Inver Energy Brings In PX, Focuses on Inland and Marine Fuels

UK firm says the multi-million pound long term contract frees it from day to day management of its Cardiff terminal.

Aegean To Expand Into Hong Kong

Plans to deploy one double-hull bunker tanker from Singapore and establish operations by September 30, 2012.

Mixed Bunker Price Movements on Monday

Marine fuel markets lacked direction on Monday with mixed price movements seen in key price indicator ports.

Antwerp To Get €2.3 Billion in Refinery Upgrades

ExxonMobil, Total, and Gunvor make investments to make lighter products and stay competitive with the Far East and the Middle East.

Bunker Spill in Nakhodka Bay, Russia

Three tonnes of fuel spilled when a tanker was being loaded with fuel oil.

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