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Chinese Bunker Supplier Sees Q1 Net Profits Slide 97%

Andatee's revenues also down 11.5% due to "reduced sales volume."

BORCO Announce Bunkering Plans at Storage Facility

Firm to pursue a new "bunker filling station" at its expanding Grand Bahama based storage facility.

Police Investigate Hazardous Waste in Rotterdam Bunkers

Dutch Marine Police reported as saying there's "strong evidence that many ships blend their waste material with heavy fuel oil."

Noble Bunkers Enters Gulf of Mexico Market

Physical bunker supply in the Gulf of Mexico to start in early June 2012.

Robot Fish to Police Oceans

The partly EU funded pollution-hunting robot will be trailed off the coast of Northern Spain.

Gulf Petrochem in UAE Bunker Supply Expansion Plans

Supply to the Khor Fakkan and Jebel Ali bunker market will meet the 'growing requirements' of clients.

Ferry Firm Sees 22% Rise in YTD Bunker Bills

Irish Continental Group says bunker costs rose €3.4 million (US $4.3 million) for the first four months of the year.

Aegean Post 48.5% Gain in Q1 2012 Profits

Higher revenues come from lower volumes as the firm focuses on "executing transactions with creditworthy counterparties".

Maersk Line Post Q1 Losses of $599 million

An 18% increase in freight volume not enough to overcome higher bunker costs and lower freight rates.

Identifying Iranian Bunkers in Singapore "A Major Headache"

Report says that fuel oil from Iran is "as ubiquitous as salt in seawater."

Chemoil "On Target" as they Announce Profit for Q1 2012

But performance slumps with profits attributable to equity holders for the first quarter down 62%.

Singapore Bunker Volumes Climb 3.5%

A second consecutive month of growth took April's total over 3.7 million metric tonnes of product.

Bunker Costs Force Maersk Route Closures

Shipping line to discontinue direct coverage from Peru and Chile to Northwest Europe.

"Rare" Fuel Oil Shipment from Japan to Singapore

Shell to move 80,000 tonnes of fuel oil from Negishi with a lay date of May 16 at a freight rate of $500,000.

Hapag-Lloyd blame "Soaring Bunker Prices" for Q1 Losses

Losses due to rising fuel costs and uncertainty in global economic conditions.

NOL Group Report Further Losses of $254 million

Fifth consecutive quarter losses for one of the world's leading container and logistics firms

Judge Rules Against Supplier for $4 Million Unpaid Bunkers

Landmark case by Hong Kong court defines 'control', says Maruba only responsible for one of the 11 vessels.

Shipping Crisis Will Last "Two to Three Years"

Fredriksen says many shipping firms and shipyards are going to be put out of business.

China to Buy Iranian Fuel Oil Shipment

The Khorfakkan is to load 80,000 metric tons of fuel oil on May 15 from the Iranian port of Bandar Mahshahr.

Fortified Anti-Piracy Ship Design Lowers Bunker Bills

Japanese ship builder says anti-piracy 'Aero-Citadel' design reduces bunker fuel usage by 2%; comes complete with bulletproof windows.

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