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Bunker Costs Rise, but Tanker Firm Bahri Doubles Profit
Saudi Arabian firm says bunker costs were up 14% but net profit rose 126.6%.
17 Jul 2012
Bunker Prices Firm at the Start of the Week
Week opened with bunker prices and crude continuing to climb.
16 Jul 2012
Horizon Lines Lowers Bunker Surcharge
Company makes a drop of 3 percentage points to 39 percent.
16 Jul 2012
General Maritime Considers NYSE Relisting From 2014
"We're not out of the woods yet," says General Maritime CFO Jeffrey Pribor.
16 Jul 2012
Another Singapore Tanker Detained
MT Titan Loyalty said to be illegally anchored in the waters off Pengerang, Johor.
16 Jul 2012
Alaska Sues Over Unconstitutional North American ECA
State wants relief from ECA enforcement in Alaskan waters saying its extension to Alaska was unlawful.
16 Jul 2012
Hambantota Bunker Operations to Commence in October
Sri Lanka Port authority announces opening of the 82,000 tonne capacity bunker terminal.
16 Jul 2012
Titan to "Vigorously" Defend Itself Against Legal Action
Grad China Logistics seeking to terminate sale agreement and wants repayment of approximately $118 million plus interest.
16 Jul 2012
Bunker Prices Gain as Week Ends
Bunker markets ended the week with gains seen in many ports.
13 Jul 2012
Singapore June Bunker Sales Fall From Record High
2012 still on track to be a record breaking year as the year-to-date monthly average for bunker sales rises to 3.623 million mt.
13 Jul 2012
First Singapore Bunker Delivery Using Mass Flow Meter
It's a "significant milestone for the bunkering industry in Singapore," a joint MPA and EMMF statement said.
13 Jul 2012
Titan in Winding Up Order Action
Warburg Pincus says Titan "is insolvent and should be liquidated" as it looks to recover almost $50 million.
13 Jul 2012
Wärtsilä in Chinese Low Emissions LNG Engine Deal
The vessels are the first in a planned series to be fuelled by LNG, and the first in China to ever operate on Gas.
13 Jul 2012
Thursday Bunker Prices Remain Mixed
Prices for key grade IFO380 dropped in almost as many ports as those that saw gains.
12 Jul 2012
Biofuel Initiatives Attacked as Gimmick
But biofuel industry hits back saying it is attempting to do its part to help the U.S. military reach its goals.
12 Jul 2012
Singapore Sees 50% Increase in Ship Arrests
One legal firm involved in arresting and releasing two ships in separate incidents in a single weekend.
12 Jul 2012
Sri Lanka Seeks $1 Billion in Second Round of Funding
SLPA intention from the second request for investment proposals is to attract $1 billion
12 Jul 2012
Port Authority in $15 Billion Funding Bid
China on board as an investor as Sri Lanka says its to commence Colombo 'port city' project in October.
12 Jul 2012
Malaysia Detains Singapore Tankers
Three Singapore registered vessels amongst seven detained by the Malaysian Maritime Enforcement Agency.
12 Jul 2012
Bunker Prices Lack Direction in Many Ports on Wednesday
Bunker markets remained mixed on Wednesday with ports seeing a variety of movements.
11 Jul 2012
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