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Tuesday Markets Remain Soft

Most ports saw losses but generally didn't make the big jumps seen since the start of June.

Delphin Takes Delivery of Fuel Saving Bulk Carrier

Supramax's design "saves 14% on bunker bills" and on delivery day LR say emissions regulation and higher energy prices are "changing our industry."

Ports and LNG Are a Threat To Australia's Great Barrier Reef

UNESCO is considering placing the reef on the world heritage site's "in danger" list by February 2013.

Week Begins with Double-Digit Drops Around the Globe

Bunker prices continue to sink with firming distillates in Durban and Suez some of the few exceptions.

Yujin Set to Cancel Contract for Two 5,500 DWT Tankers

Two deadlines have passed and the Singapore firm says its "preparing the necessary formalities" to pull the plug on the 2 tanker order a with Chinese shipyard.

Gulf Petrochem Awarded Singapore's Global Trader Program Certificate

CEO says it's "a prestigious recognition... firmly establishing our brand equity across Asia".

ES Group "See Growth Opportunities in Bunkering"

The SGX-Catalist listed company launches its first bunker tanker and aims to establish a vessel-owning and chartering business.

LR: Investment Decisions "A Headache" for Shipowners

Lloyd's Register says shipowners are being "confused" by investment options for energy management.

Bomin Merger Creates One of the "World's Largest" Bunker Firms

Mabanft complete the acquisition of Bominflot and say they have now "acquired critical mass on the ship bunker market."

Prices for Bunkers and Oil Sink in May

Bunker prices follow crude down, with some $90 per metric tonne shed from IFO380 across in some key ports.

Market Outlook: Oil Stocks and Output High, Demand Low

Bunker buyers putting their faith in prices continuing to shadow crude won't be expecting to see any fuel price hikes in their immediate future.

Wärtsilä Dual-Fuel Technology in 100 LNG Carriers

Milestone reached in response to growing awareness of the advantages of operating on gas.

OW Bunker Open a Second Office in China

Increasing market demand of bunker supplies across China prompts the opening of a new office in Beijing.

LNG: Shorter Payback Times than Scrubbers

LNG "given the right circumstances," promises fewer emissions and lower fuel costs according to a joint GL-MAN study.

UK P&I Club: Singapore "Cappuccino Bunker" Warning

P&I Club issue guidelines to reduce incidents of "Cappuccino" effect in bunker supply.

Indian Coast Guard Averts "Major Environmental Disaster"

Oil spill at the Mumbai Port Trust follows the sinking of the 'Al Husaini'.

Crane Sent to Recover Sunken Leaking Vessel

First of two cranes sent to lift the leaking 'Deep Sea' arrives today.

Politcal Woes Widen Losses for Greek Ferry Operator

Anek Lines say it continues to face ongoing economic recession, an unstable political environment, and high bunker prices.

BTC Terminal in €1.2 million Fuel Oil Optimisation Project

£0.95 million project will significantly increase "throughput" at the Dan-Balt Terminal.

Europe Reaches Provisional Agreement on Tougher Sulfur Limits

Council wants "effective, proportionate and dissuasive penalties" for non-compliance.

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