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WFS Completes Watson Acquisition
The UK company reported revenues of $2.2 billion in 2013.
11 Mar 2014
Industry Insight: Scrubber Sales Flop - Is Brussels to Blame?
Industry Insight: Scrubber Sales Flop - Is Brussels to Blame?
With the low sulphur fuel deadline almost upon us, perhaps little more than 5% of vessels operating in the North Sea will be relying on scrubbers.
11 Mar 2014
ECA May Push Shipping to English Channel, Roads
The UK Port of Humber could suffer as higher fuel costs take a toll on traffic through the North Sea.
11 Mar 2014
Orient Overseas Profits Drop 84% in 2013
The company predicts greater efficiency from "Mega" ships ordered this year, despite global oversupply.
11 Mar 2014
EU Steps Back from Joint Position on NOx Delay
The IMO's environmental committee will take up Russia's proposal to delay rules to 2021.
11 Mar 2014
Crude Benchmarks Dip on China Economic News
WTI was down $1.46/bbl settling at $101.12/bbl while Brent fell $0.92/bbl to $108.08/bbl.
10 Mar 2014
UASC Exercises Final LNG-Ready Mega-Ship Option
The 18,000 TEU vessel brings the total order to 17 ships at a cost of almost $2 billion.
10 Mar 2014
Port Metro Vancouver Hit by Strike Action
"This will have an immediate impact on the ports," says union representative.
10 Mar 2014
Green Diesel Production to Double at Swedish Port
Oil company Preem plans to produce 800,000 tonnes of the fuel after expanding a refinery.
10 Mar 2014
Ferry Operator Says Bunker Costs Will "Substantially Increase" in 2015
Irish Continental says the extra costs will "have to be borne by the end customers" and warns of future bunker surcharges.
10 Mar 2014
LNG-Fuelled Car Carriers Ordered for Baltic
United European Car Carriers will operate the ice-class vessels year-round.
10 Mar 2014
Creditor Again Offers Titan Loan
GZE has agreed to provide an unsecured loan of as much as $8 million as Titan continues its restructuring efforts.
10 Mar 2014
DNV GL Maps Arctic Hazards
The class society argues development in the region should proceed slowly, starting in ice-free sections.
7 Mar 2014
Mauritian Supplier in IFO380 First
Vivo Energy Mauritius is the first supplier to offer the grade in the southern western part of the Indian Ocean.
7 Mar 2014
Inside Opinion: Flow Meters, and Mass Consolidation in Singapore
Inside Opinion: Flow Meters, and Mass Consolidation in Singapore
Could the impending flow meter regulations for Singapore cause mass consolidation?
7 Mar 2014
Australian Sugar Producer Seeks Navy Biofuels Deals
The U.S. Navy's willingness to pay a premium for biofuels could help make the project viable.
7 Mar 2014
Titan Creditor Calls in Loan
GZE, which had suspended debt collection efforts, is seeking repayment of $12.8 million.
7 Mar 2014
Crude Benchmarks Firm
WTI settled at $101.56, gaining $0.11/bbl while Brent finished the day at $108.10, increasing $0.34/bbl.
6 Mar 2014
Endofa Expands into Europe
The Houston based bunker supplier and trader has partnered with French Bunker Brokers VP Bunkers.
6 Mar 2014
Before First Ships' Arrival, Scorpio Bulkers Loses $6.3M in 2013
The company has time-chartered in ships to bridge the gap before its first newbuilds arrive.
6 Mar 2014
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