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Quadrise: We're Not Dependent on Fuel Oil Demand Growth
Mar 31, 2015 ... by that differential, he said. In addition, "it does appear that the combination of Marine MSAR2 fuel plus a modern scrubber should offer the lowest cost full compliance option for large modern ...
Carnival Bunker Spend Falls 8%, Operating Profit up 25%
Mar 12, 2015 ... During the year, the company spent $2.03 billion on bunkers, down 8 percent from $2.21 billion in 2013. ...
Norden Bunker Bill Falls $90M, Still Books $416M Loss
Mar 6, 2015 ... Fuel efficiency initiatives reduced bunker consumption by 2.5 percent. ...
Ageing Tanker Earnings Match Eco-Ships in 2014
Mar 6, 2015 ... predominantly bunkers and port fees. While Torm lagged rivals Scorpio Tankers and Teekay in the LR2 category, it beat Scorpio Tankers' TCE earnings in the LR1 trade, and beat both Scorpio Tankers ...
Scorpio Bulkers Reports $116.6M Loss for 2014
Mar 5, 2015 ... of certain contracts for 7 newbuild bulk carriers, six of which were converted to contracts for LR2 product tankers and sold or put under option to Scorpio Bulkers' sister company, Scorpio Tankers ...
NOL Sells APL Logistics for $1.2 billion to Focus on Box Ship Business
Feb 17, 2015 ... "This is a strategic move...to focus on improving our liner shipping business, while at the same time enabling APL Logistics to grow," says NOL CEO. ...
Tanker Deputy Captain Killed in Pirate Attack
Feb 6, 2015 ... Maltese-flagged Kalamos was attacked off Nigeria on Tuesday, with one death and three hostages taken among 23 crew. ...
Oil Prices Rally But Market Fundamentals Remain Unchanged
Jan 28, 2015 ... Oil prices jumped 3 percent on Tuesday but oversupply concerns were expected to continue to weigh on oil prices in the near term. ...
Viking Line Reduces Bunker Costs by 5.4%
Nov 17, 2014 ... 2014 (Q3 2014) despite increased passenger and cargo volumes. The group's bunker costs fell by EUR2.5 million ($3.1 million) in Q3 2014 helping to keep operating expenses almost flat ...
Long Range Tanker Market on Upswing Says Gibson
Nov 14, 2014 ... rates. Time Charter Equivalent (TCE) spot rates for long range tankers hit $34,000 per day for LR2 units and $25,500 per day for LR1s. Rates for the same units edged only slightly above $11,000 ...