All News

Singapore Announces New Subsidies for MFMs, LNG Bunkering
Singapore Transport Minister has announced further government help amid changes to country's bunker market.
20 Oct 2014
Singapore Moves on E-BDNs to Boost Productivity
Singapore's MPA has said it is looking at how best to implement the use of electronic BDNs to boost productivity across the supply chain.
20 Oct 2014
BP: Scrubbers Are the Most Economic Option for Shipowners
BP Singapore said that scrubbers are good alternatives for companies coping with increasing environmental regulations.
20 Oct 2014
Indonesia LNG Demand to Double by 2020, Eyes Imports to Supply
State oil and gas company Pertamina expects demand to more than double but eyes imports to ensure supply.
20 Oct 2014
DNV GL Adds LNG Consulting Arm in Singapore
Classification society DNV GL sees strong growth potential for LNG in South East Asia.
20 Oct 2014
Singapore MPA: Bunker Surveying Companies to be Licenced from 2017
The Maritime Port Authority has said it will move from an accreditation based system to mandatory licences for bunker surveyors.
20 Oct 2014
Lack of Enforcement of Bunker Spill Rules "Criminally Negligent"
Oil spill fund contributions are not being collected meaning there is central money to pay out to victims of bunker spills.
20 Oct 2014
Northwest EU Ports Argue Against Focusing Investment in the Mediterranean
Nine ports are arguing that developing Mediterranean ports would increase efficiency.
20 Oct 2014
Lui Tuck Yew: More Ports Need to Start Supplying LNG Bunkers
In his opening address at SIBCON 2014, the Minister for Transport said Singapore will start supplying LNG bunkers by 2020.
17 Oct 2014
BP Says 0.5% Sulfur Cap by 2020 Is Feasible, Urges IMO Confirmation
BP Singapore President Terence Yuen urged the IMO to confirm a date for implementation of new lower sulfur rules.
17 Oct 2014
Petrobras Not Ready to Produce More LSFO
Major Brazilian producer and exported of LSFO says it is not ready to invest in boosting production at this point.
17 Oct 2014
HHI Lays Off Nearly One Third of Executive Management
Hyundai Heavy Industries laid off 81 of its 262 executives after reporting disappointing Q2 results.
17 Oct 2014
Cyprus Shipowners Say EU-Only CO2 Rules Harm Competitiveness
The Cyprus Shipping Chamber says that CO2 rules should be made at the international level.
17 Oct 2014
Malta Bunkering Company Signs Agreement with WFS
World Fuel Services will use fuel storage tanks belonging to Mediterranean Offshore Bunkering.
17 Oct 2014
Lloyd's Register: We'll Soon See Ships of 24,000 TEU
Mega container ships may be on the horizon as pressure to put more cargo on ships rises.
17 Oct 2014
WTI Dips Below $80/bbl for the First Time in Four Years
It is not unreasonable to expect another $10 per barrel decline in oil prices, but this is going to go into the winter months.
16 Oct 2014
Weekly Vessel Scrapping Report: 2014 Week 42
Weekly Vessel Scrapping Report: 2014 Week 42
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from October 9th - 15th, 2014.
16 Oct 2014
SOHAR to Offer Ship-to-Ship LNG Transfers, LNG Bunkering
SOHAR Port and Freezone will join major bunkering hubs Singapore and Rotterdam in offering the service.
16 Oct 2014
Statoil CEO Resigns to Join BG Group
Helge Lund has resigned with immediate effect after 10 years at Statoil in order to join UK's BG Group.
16 Oct 2014
Denmark's Nordseth Eyes Job as IMO Chief
The Danish Maritime Authority's Andreas Nordseth, is said to be considering standing as a candidate when the IMO's top job comes up for grabs.
16 Oct 2014