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Bunkering Accident Confirmed Responsible For Spill

Incident off the North Mole, Gibraltar "a reminder of Port impact on the marine environment."

ABB to Install Energy Management System on 5 Rickmers Vessels

ABB's Fuel Management System will cut emissions, save on fuel by up to 5%, and at current bunker prices, achieve payback in less than a year.

Major Ports Firm on Monday

Monday sees mixed global prices as major ports Singapore, Houston, Rotterdam, and Fujairah all gain.

Bunker Consumption in New Engine "Considerably Reduced"

Derated engine running at lower rpms also boasts lower emissions.

Bunker Price Drop Prompts Lower Surcharge

Matson say the "recent declines in bunker fuel prices" have prompted a bunker surcharge decrease of 3.5 percentage points.

IBIA Seeks New Chief Executive to Run Organisation

The full time Chief Executive role at their Southampton Headquarters to take over from Interim Chief Executive Trevor Harrison.

Bunker Spill in Alaska

Over 15,000 gallons of fuel reported to be have leaked from Army Reserve vessel the Monterrey near Kodiak, Alaska.

Bunker Prices Soften as the Week ends

Overall movement for the week is generally steady after the drops seen last week.

Maersk to Introduce Tanker Surcharge for the First Time

Maersk set to impose first time fuel surcharge on Tankers due to bunker price hikes, low freight rates, and economic downturn.

ECA Could Raise Fuel Prices By 25%

Sulphur level cut comes into effect on August 1st, while the even tougher standard in 2015 could boost fuel costs 50%.

Thursday Global Bunker Markets Continue to Firm

Global bunker markets remain firm as crude trims $0.20 after a week of gains.

First Fuel Saving MALS "Air-Carpet" for Cruise Ships

Innovative "MALS" Air Lubrication system acts like an "Air-Carpet", reducing fuel consumption by 7% and cutting CO2 emissions.

CMA CGM Expects "Strong improvement" After Q1 Loss

Firm sees net loss of $248 million despite 13.4% year-on-year volume growth and $96.5 million in savings, but says "the market has significantly rebounded."

Dan-Bunkering Appoints Sales Manager for New Houston Office

Copenhagen based Jim Jensen's promoted and joins Hans Lind Dollerup as the firm expands into the Americas.

AADA Bunker Surcharge Cut After Prices Plummet

Fuel premiums for Asia-Australia routes fall following a significant drop in bunker prices during May.

Fujairah SAFT Terminal's Phase 2 Underway

With the first 2 phases already fully let, CEO Ammar Kutait say it "will be completed during 2014."

Algae-Based Biofuel Reduces Emissions by Up To 25%

US Government release report showing algae-based biofuel beats ULSD on reduced emissions and gives better fuel consumption.

Wednesday Bunker Prices Firm Across Global Markets

With crude having a third consecutive day of gains, markets edged back from the losses of last week.

Petronas Awards Contract for "First of its Kind" Floating LNG Facility

Technip-Daewoo Consortium will lead development of this FLNG which will produce 1.2 millions tonnes of LNG per year when it begins operating in 2015.

Malaysia-Singapore Oil Operations Could "Be Bigger than Rotterdam"

Dialog Group says Pengerang terminal has a greater potential than originally anticipated and Malaysia and Singapore could form an ARA like hub.

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