All News

February Cargo Volumes Fall 20% at Port of Long Beach in Wake of West Coast Labour Dispute
In total, 413,114 TEUs of cargo moved through the port
19 Mar 2015
Hong Kong Sulfur Cap Sees Shippers Mull New Bunker Surcharges
"We may implement surcharges similar to what we are doing in North America and Europe," says shipping company manager.
19 Mar 2015
CMA CGM Looking To Order at Least Three 20,000 TEU Boxships
The order will likely go to South Korea's Hanjin Heavy Industries & Construction Co.
19 Mar 2015
K-Line Sets Goal To Cut CO2 Emissions in Half as it Aims for Ultimate Target of Zero Emissions
The goal is part of a list of four environmental priorities which includes tackling oil spills and introducing alternative fuels into its fleet.
19 Mar 2015
Aegean: Bunker Markets Are "More Rational" Since OW Bunker Collapse
Bunker markets are experiencing more rational pricing since OW Bunker's November exit, says Aegean Chairman.
19 Mar 2015
Decrease in the US Dollar Sees Oil Prices Rise
We could see WTI starting with a three and bunker prices starting with a one in the primary ports.
18 Mar 2015
New Singapore Hire for Dan-Bunkering
Emelia Yusope was appointed as Bunker Trader effective from the middle of last month.
18 Mar 2015
Interferry Urges Closer Co-operation in Regulatory Process
We are "now urging the industry and regulators to build on the initiative's success by continuing to develop closer cooperation," says Interferry.
18 Mar 2015
Nordic American Offshore: "Optimistic Outlook" for the Future Despite Turbulent Market
"When Brent crude prices return to the $60 - $80 range per barrel we expect to see renewed activity in our market," says Executive Chairman.
18 Mar 2015
USCG Finalises LNG Bunkering Guidelines, Leverages DNV GL Recommended Practice
USCG has leveraged DNV GL's guidance on simultaneous operations, says the classification society.
18 Mar 2015
China's Rongsheng Signs MOU to Sell Shipbuilding Business
The struggles of its shipbuilding arm, Jiangsu Rongsheng Heavy Industries, had been interfering in efforts to expand in energy services.
18 Mar 2015
CCNI Purchases Two Tankers from Singapore Shipper
Compania Chilena de Navegacion Interoceanica bought two 50,000 DWT tankers from Norden Shipping's Singapore branch
18 Mar 2015
Vitol Revenues, Traded Oil Volumes Down for 2014
"The rapid slide in the price of crude in the last quarter of 2014 impacted our headline revenue figure which has fallen to $270 billion," says President.
18 Mar 2015
Aegean Reports Strong 2014 Despite OW Bunker Bad Debts, Vessel Sale Losses
Aegean finished the year strongly, while full year bunker sales volumes, average spread per metric tonne, and adjusted profit were all up on the prior year.
18 Mar 2015
Shipowner Calls Off $260M Refinancing Plan
CPLP will not pursue a $260 million "oportunistic" refinancing plan to issue ship mortgage notes.
18 Mar 2015
Crude Oil Market Takes a Turn
The bunker buyer should be able to enjoy low prices for the remainder of the week we suspect.
17 Mar 2015
Finnlines Makes Further Investment in Environmental and Fuel Consumption Reduction Technologies
"This investment allows even more environmental-friendly and cost-effective services offered to the new Hanko-Rostock-route customers."
17 Mar 2015
No Sale of OW Bunker Despite 7 Suitors
"It is not an easy thing to take over a company like OW Bunker," says a trustee for the group.
17 Mar 2015
"World's Cleanest Ferries" Powered by Rolls-Royce LNG Engines
The Fjord Line-owned ferries beat over 3,000 ships in the rankings.
17 Mar 2015
U.S. West Coast Ports Union Fined for Work Stoppages and Slowdowns
The union was fined $59,628 for its actions during labour negotiations that lasted almost eight months.
17 Mar 2015