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MISC in Satellite Comms Deal for 46 Tankers

Inmarsat to install its combination VSAT and FleetBroadband global satellite internet and telephony service on MISC chemical and LNG tankers.

Chemoil Boost Q2 2012 Profits Over 50%

Physical bunker supplier says volumes grew some 19% to 5.0 million tonnes in the quarter.

Chemoil Appoints New Chief Financial Officer

Fred Bendle, previously Chemoil's Director of Internal Audit, to take up the position effective from August 14, 2012.

OW Bunker In U.S. Expansion

Company announces five appointments at its Houston office with further appointments planned.

Titan to Sell Almost 90% of the Firm to Chinese Oil Trader

Guangdong Zhenrong Energy Co. Ltd has agreed to buy 89.95% of the company for HK$175 million.

Japan Considers Using Arctic To Save 40% on Shipping Costs

Looks to join Arctic Council forum in an observatory role, says one-way shipping costs to Europe would be reduced by 40 per cent vs Suez.

Singapore Listed Marco Polo Marine Doubles Profits

Firm notes a "strong start" for its bunkering joint venture with Marine Tankers Holdings.

Bunker Prices Continue Up on Tuesday

Marine fuel prices continued to make gains on Tuesday in most regions except South America where many ports saw bunker prices moving down.

R&K Takes Delivery of its First Green Bulk Carrier

Vessels have reduced wind resistance, an approved UV ballast-water treatment system, and meets EC directives on port SOx emissions.

WFS To Acquire CarterEnergy Corporation

World Fuel Services says the transaction is expected to be completed within the next sixty days.

MSC Announces Bunker and Peak Season Surchanges

Rates are coming into effect from September 1st, 2012.

Hanjin Narrowly Misses Out On Profit

Total sales of KRW 2.83 trillion ($2,457 million) up 18.4% year on year, but "oversupply still hangs over the global bulk market."

Bunker Prices Gain Monday to Highest Levels Since May

Singapore, Houston, Fujairah, and Rotterdam at their highest levels since the end of May.

Matson Boosts Q2 Revenues, Operating income

Pacific ocean carrier says revenues helped by an increase in fuel surcharges reflecting higher fuel costs.

CEPSA Launch New Balboa Bunker Barge

Supplier says the Venebunker 7 was built in 2008 and had been specially designed with "the most advanced technology"

AWT Software Shows Best Route Through ECA

Firm says captains can make informed decisions about how much time to sail inside or outside the zones.

Chemoil in 16.4 million Lube Trading Acquisitions

Firm to acquire 50% of U.S. firm Chemlube International LLC and Switzerland's Sopetra S.A..

Week Ends with Bunker Prices Remaining Mixed

The week ended with bunker prices continuing to show a lack of direction.

MV Rena Salvage to Start Tomorrow

Fort Lauderdale based, Resolve Marine Group unable to give more details due to a confidentiality agreement.

East Coast Upbeat on ECA Cruise Industry Impact

Port Authority positive but says compliant fuels are a "little more scarce at this point".

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