All News

Study: Shipowners Still Unsure of the Business Case for LNG Bunkers

The higher equipment costs for LNG capable engines and tanks were said to not yet be offset by lower operating costs.

9 Mar 2015

Clean Shipping Coalition Urges Shipping Industry to Implement Carbon Emissions Reduction Target

The CSC said that shipping is the only remaining major economic sphere yet to tackle its carbon emissions.

9 Mar 2015

Industry Insight: The Importance of Regular Fuel System Checks

Unless system samples are tested, fuel quality at the engine side remain vague.

9 Mar 2015

Miko Marine Launches Oil Removal Tool for Environmental Protection

The technology was built with the backing of the Norway government.

9 Mar 2015

Another Loss for Dry Bulk Shipowner in 2014

Diana Shipping Inc. losses were smaller last year than in 2013 but still hit $15.3 million.

9 Mar 2015

Gibraltar Opposition Accuses Government of Stifling Debate Over LNG Bunkering, Storage Facility

The Gibraltar Social Democrat (GSD) opposition party wants a public safety assessment of a proposed LNG installation.

6 Mar 2015

Brittany Ferries Installs "Perfectly" Working Marine Scrubber System

The cost of installing the system is expected to be written off over three years.

6 Mar 2015

Norden Bunker Bill Falls $90M, Still Books $416M Loss

Fuel efficiency initiatives reduced bunker consumption by 2.5 percent.

6 Mar 2015

WFS Shares See New 52-Week High

WFS shares Thursday hit $55.56 in early trading on the New York Stock Exchange, beating last Friday's previous 52-week high.

6 Mar 2015

Shell Launches Gulf of Mexico's First LNG Offshore Supply Vessel

The ship will serve the company's deep water operations.

6 Mar 2015

Shippers Look to Permanently Change Ports of Call After U.S. West Coast Labour Disruption

A survey found that 65 percent of shippers plan to move less cargo through West Coast ports through 2016.

6 Mar 2015

Aegean Bunkering Fleet to Install ECDIS

The company's bunkering fleet will benefit from IMO-compliant electronic charts.

6 Mar 2015

Ageing Tanker Earnings Match Eco-Ships in 2014

Analysis suggests TCE earnings for Torm's older tankers kept pace with those for rivals' newbuild eco-ships in 2014.

6 Mar 2015

Brent, WTI Follow Downward Trend

Early in the day Brent was up as much as $61.57 per barrel as investors overlooked the record smashing U.S inventory.

5 Mar 2015

Weekly Vessel Scrapping Report: 2015 Week 9

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Feb 26 - Mar 4, 2015.

5 Mar 2015

Scorpio Bulkers Reports $116.6M Loss for 2014

The results include a $55.5 million loss on the sale of newbuild contracts to sister company Scorpio Tankers.

5 Mar 2015

USCG Issues Safety Alert on Fuel Switching

There have been several recent reports of onboard machine room oil leaks resulting from fuel switchovers, says USCG.

5 Mar 2015

More Effort Needed to Tackle Hong Kong Air Pollution

"The northwest New Territories area of Hong Kong are the worst affected due to shipping and cross-border power stations," says report.

5 Mar 2015

Gibraltar Government Decries "Alarmist" Opposition of LNG Bunkering Project

The Gibraltar Social Democrat party accused the government of not being transparent in conducting an assessment of the LNG project.

5 Mar 2015

WFS Dividend Up 60%, First Change Since 2009

WFS ups dividend level in place since 2009 owing to "the strength of our balance sheet and consistent operating cash flow performance," says CEO.

5 Mar 2015