All News

"Urgent Need" for Box Shippers to Announce Low Sulfur Surcharges
Only a handful of carriers have so far released details of surcharges.
29 Oct 2014
New Ice Class Bulk Carrier Will Have a Dramatic Impact on Fuel Costs and Emissions
The new Pangaea vessel will save bunkers through increased capacity and the use of the Northern Sea Route.
29 Oct 2014
Crude Trades Flat on Mixed Economic Indicators
Bunker buyers should continue to watch for news from OPEC countries regarding the potential cut of supply output.
28 Oct 2014
Bunker Spill at UK Port
100 litres of heavy fuel oil was discharged at Warrenpoint Harbour on Wednesday with authorities quick to act.
28 Oct 2014
Clean Marine Wins Contract for Scrubber Installation
The company will install its system on two tankers being built at Hyundai Mipo Dockyard.
28 Oct 2014
Major Shareholder Reduces Stake in OW Bunker
Cantillon Capital Management LLC has took its shareholding to below 5 percent.
28 Oct 2014
Wärtsilä Raises 2014 Profitability Outlook on Increased Order Intake
Order intake rose 21 percent to €1.3 billion.
28 Oct 2014
GCT Enters All Terminals Into Green Marine Environmental Program
GCT Container Terminals Inc. will enter both its Vancouver terminals and its terminals in New York and New Jersey.
28 Oct 2014
MFMs: Drop in Singapore Bunker Volumes Will Be Short Lived
Singaporean bunker supplier Sinanju Tankers has said shipowners will realise the benefits of MFMs.
28 Oct 2014
P&O Ferries Expands Services Inside ECA Zone
Ferry operator P&O Ferries is expanding its North Sea routes despite challenges faced by the sector from ECA rules.
28 Oct 2014
Matson Decreasing Fuel Surcharge
Matson will decrease its fuel surcharge by five percentage points.
28 Oct 2014
Construction Begins on Crowley's New LNG-Powered ConRo Ships
The ships will be used in Puerto Rico trade.
28 Oct 2014
Crude Trades Flat as Goldman Sachs Cuts its Oil Price Forecast
Today's weak dollar fueled much the market's bounce back. Bunker prices were relatively stable while preferable!
27 Oct 2014
Finnish Fuel-Saving Technology Company Named in Cleantech List
Eniram's efforts in providing fuel saving technology to the shipping industry were recognized.
27 Oct 2014
ATP: OW Bunker "Management Has Caused a Breach of Trust"
Danish institutional investor ATP says OW Bunker was not up front with investors about the risk of fluctuating profits and has breached ATP's trust.
27 Oct 2014
OW Bunker: Q3 Loss "Was Very Disappointing"
The company reduced its volume growth forecast as it moves its focus to higher-margin business.
27 Oct 2014
BIMCO: Standard Bunker Contract is Balanced for Both Parties, Will Help Manage Risk, Reduce Disputes
Hunter says a draft SBC is available now for review, and a final version "should be available to the industry by the end of the year."
27 Oct 2014
VLCC Shortage Cuts In On Rotterdam and Singapore Fuel Oil Arbitrage
One trader said they could not find an available VLCC until late November.
27 Oct 2014
EIA Calls for 10-Year Moratorium on Arctic Shipping
UK's Environmental Investigation Agency believes it will take that long for the Polar Code to come into effect.
27 Oct 2014
IBIA Welcomes MEPC Plans for Fuel Compliance Measures
MPEC will form a correspondence group to create a draft framework.
27 Oct 2014