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Shipowner Asks Singapore Court Who to Pay After OW Bunker Collapse

"We approached the courts to get their guidance/order whom to pay to avoid making any incorrect payments," says MD of Precious Shipping.

Law Firm Calls for "Clear Strategic Response" to the OW Bunker Collapse

Ince & Co. has said the "situation remains highly fluid" and will require a "clear strategic response".

ExxonMobil Launches Marine Engine Oil for Upcoming EPA Requirements

The Mobilgard 410 NC begins production in December 2014.

Aegean to Release Financial Results on Monday

The supplier is also expected to discuss its position with recently bankrupt OW Bunker.

Singapore's Universal Terminal Eyes $770M IPO

Petroleum storage joint venture Universal Terminal is testing investor appetite for a Business Trust IPO which could fetch over $770 million.

USCG, EPA "Stepping Up" Compliance Efforts for New 2015 ECA Rules

"We're stepping up our compliance efforts and will take targeted enforcement actions when necessary," says Assistant Administrator Cynthia Giles.

Norwegian Shipowners Use Up 50% of World's Scrubbers, Says Report

Other European shipowners make up 41 percent.

Sea Star Line Opts For LNG Powered Box Ships

The two ships will be delivered in 2015 and 2016.

European Shippers' Council Issues Stern Critique of Shipping Alliance, Urges Global View

Current proposals do not give enough protection from "the huge size and bargaining power of the ship owners," says ESC Chairman Denis Choumert.

DNV GL, Qatari Shipyard Join Forces to Promote LNG Bunkers

The two entities will work together to promote LNG as a fuel in the offshore sector.

Newly Formed Liquiline LNG to Focus on LNG Bunkering

The company's priority will be finishing Denmark's first LNG terminal.

Canadian Operator Orders 2 LNG Powered Ferries

"One of Seaspan's Core Values is care for the environment," says Seaspan Ferries Corporation VP Steve Roth.

OW Bunker Chairman: Board Did Not Approve Tankoil Credit

A large credit line was not authorised by OW Bunker's board, insists Chairman, saying "the board is looking very much forward to an in-depth investigation."

SSI: Focus on Sustainable Shipping is on the Rise

The Sustainable Shipping Initiative says its members are making strides in putting sustainability on the business agenda.

Weekly Vessel Scrapping Report: 2014 Week 47

Weekly Vessel Scrapping Report: 2014 Week 47

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from November 13th - 19th, 2014.

WTI and Brent Crude Pil Prices Firm

There are a lot of rumors circulating around the world on whether or not OPEC will cut production going into their meeting, in just a few days.

BMS United Bunkers Appoints Managing Director in Asia

Effective December 8, George Kounalakis will responsible the offices in the People's Republic of China (PRC), Hong-Kong, Indonesia, and Singapore.

Lawyer: OW Bunker Management Must Have Known What Was Going On Between DOT and Tankoil

"For the management in OW Bunker to suddenly...say, they knew nothing about it, seems very strange," says Lars Møller's lawyer.

OSC Receives Fuel Efficient LNG Carrier

The carrier will be offered on the "open market" to oil and gas companies worldwide.

Malaysian Bunker Player to Ease Bottlenecked Bunker Supply in Labuan

TMD Bunker Labuan Sdn Bhd will offer five vessels to provide at-sea fueling.

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