All News

World's 5 Largest ROROs To Cut Bunker Costs by 50%
ACL say New vessels will be bigger, faster, greener, and more efficient than their predecessors cutting fuel consumption per TEU by 50%.
14 Aug 2012
Global Bunker Prices Positive as Week Opens
Marine fuel prices were mixed but generally on an upward trend in many ports.
13 Aug 2012
Record Quarter for WWH
Wilh. Wilhelmsen Holding ASA reports 94% increase in EBIT to $139 million for Q2 2012.
13 Aug 2012
MSC Raises Bunker Surcharge
USD $625 per TEU BAF effective as of September 1, 2012 for Far East /Asia to Noumea, New Caledonia.
13 Aug 2012
A.P. Møller - Maersk Announces Change of Management
Firmaet A.P. Møller to be replaced by current members of the Executive Board on 1 January 2013.
13 Aug 2012
Singapore Bunker Sales Steady in July
Total volumes make a month-on-month rise of just less than one percent and stays on track for another record breaking year of sales.
13 Aug 2012
Bulk Oil Tanker Struck by U.S. Navy Vessel
Neither ship sustains any injuries or casualties in Strait of Hormuz collision.
13 Aug 2012
Bunker Prices Finish The Week on a High
Small gains today finished a week of steadily rising prices in many ports.
10 Aug 2012
Marco Polo Stock Upgraded from 'Hold' to 'Buy'
OCBC Investment Research says latest results were better than expected.
10 Aug 2012
Improved Fuel Consumption Gives APL First Profit Since 2010
Fuel use was reduced by 7% in the first half of 2012 despite a 4% increase in cargo volume.
10 Aug 2012
Hapag-Lloyd "Forced" into Low Sulfur Surcharge
$10 per TEU surcharge will be effective from September 6, 2012 because they "will have to buy more expensive fuel."
10 Aug 2012
Britain's Oldest Shipper Placed into Liquidation
Bulk cargo ship operator Stephenson Clarke says the current market is one of the worst experienced for many years.
10 Aug 2012
S&P Say CMA CGM is in a Weak Liquidity Position
Delays collecting $250 million in cash have generated increased uncertainty over CMA CGM's ability to execute a restructuring plan.
10 Aug 2012
Further Gains for Bunker Prices on Thursday
Global marine fuel prices continues on an upward trend on Thursday.
9 Aug 2012
Bunker Supply Tight in Novorossiysk Following Floods
Source says "There is very little product available in the port" following severe flooding in the region.
9 Aug 2012
Aegean Announces Barcelona Bunkering Expansion Plans
Supplier says it's secured 50,000 cubic meters of storage, plans to commence retail bunkering services by the end of Q1 2013
9 Aug 2012
NAT Improves Earnings, Makes Fleet More Fuel Efficient
Nordic American Tankers says overhauling the current fleet preferable to ordering new "Eco-design" ships.
9 Aug 2012
More Gains for Global Bunker Prices on Wednesday
Movements tended to be small as crude fell back for the first time since Thursday
8 Aug 2012
TOTE Granted ECA Exemption During LNG Conversion
President of the Ro-Ro cargo ship operator company says "LNG is the future for coast wide shipping."
8 Aug 2012
GAC Launches Bunkering Branch in Hambantota
Sri Lanka expansion includes bigger premises at Galle and Trincomalee.
8 Aug 2012