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Oil Price Collapse: Maybe This is the Time to Buy, Says Analyst

Long Brent positions were up as oil rallies again on Monday, but the market remains particularly volatile.

Gulf Petrochem: We Are On a Development Spree

"We are aiming to become a $4 billion company by 2016 from $2 billion at the moment," says Terminals head.

China's Zhongchang Marine Issues Profit Warning Citing Poor Dry Bulk Market

The company expects to increase its losses from last year to $52.7 million this year.

Nustar Fuels Revenue Down, Profit Up

"[We have a] renewed focus on our core, fee-based pipeline and terminals businesses," says CEO.

Chinese Players Prepare for Oil Market Reform

CEFC China Energy has hired senior trading executives and is planning to operate an 18 million barrel-capacity tank farm.

Bunker Pirates Hijack Tanker Carrying 1,100mt of Diesel

No ransom has yet been made for the ship whose 14 crew were picked up unharmed on Saturday.

Eitzen Plans Name Change, Says "We're Now Able to Grow"

"The good thing for us now is that we can go out and show other companies that we're well-equipped," says CEO.

Two More Vessel Arrests in Singapore

A Vietnamese cargo ship and South Korean reefer have been arrested bringing Singapore arrests to a total of six in 2015.

Crude Makes Third Consecutive Day of Gains

We have seen an uptick in west coast bunker prices and expect this to continue until a solution is reached.

BMS United Bunkers Group Hires Group Sales & Marketing Manager

Mikael Haestrup has been with the Group for 8 years and "has the right background to work across the BMS United Bunkers Group."

Macquarie to Buy Jefferies Commodities Business Hit By OW Bunker Collapse

Sources have suggested Macquarie may buy the business in a bid to expand its presence as a commodities trader, with a deal concluded within months.

Hijackers of Missing Malaysian Tanker Detained

The Sun Birdie went missing last week with 700 tonnes of marine fuel oil aboard.

Royal Caribbean Bunker Consumption Almost Flat as Earnings Grow 40%

RCL performed strongly in 2014, but profited little from the recent bunker price drop due to a stronger dollar and hedged positions.

Maersk Line Considering 10 New Mega-Boxships for $1.5 Billion

The ships will purportedly carry up to 20,00 TEU

Exmar Decides Against LNG Bunker Vessel for Antwerp

"The necessary critical demand for this service is currently not existing," says Exmar following a joint feasibility study.

Study: Barging Costs to Decline in Inland Europe in 2015

Netherlands-based Panteia predicts overall operating costs to decline between 8.9 percent and 2.4 percent this year.

4 In, 3 Out on Singapore's MPA Board

Four new members will join the board as three leave. Lucien Wong remains Chairman.

12 Arrested in Singapore Over Illegal MGO Sales

The transaction is believed to have happened at sea off the Pandan River at the end of last week.

Malaysian Port to Expand Bunkering Facilities

Ahmad Zaki Resources Bhd will invest $7.4 million to upgrade bunkering services at the Tok Bali Port.

Liberian Registry Partnership to Fund Eco-Retrofits

"Our aim is to ensure that Liberia remains the greenest fleet afloat," says CEO.

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