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Better Margins and Cheaper Bunkers Improves OOCL Profits
Aug 14, 2015 ... a rocky year so far in container shipping, Orient Overseas (International) Ltd (OOIL) reported a jump in net profit in the first half of the year thanks to cheaper bunkers and gains in ...
Drewry: Suez Canal Forecasts Unrealistic, It Must Be a Long-Term Game
Aug 12, 2015 ... when the outlook for the shipping is nowhere near that level. "The speed of growth on those container trades that are linked by the canal will have a large bearing on tonnage and ...
Demand for Efficiency Tech Not Dampened by Cheap Bunkers
Aug 11, 2015 ... rates.  "There are more newbuildings on their way into the tanker segment in addition to container, but on the bulk market the newbuilding market has completely stopped and this means that ...
Singapore-Listed Samudera Shipping Says Q2 Profit Decline Cushioned by Cheaper Bunkers
Aug 6, 2015 ... statement. According to the Samudera, overall revenues fell 16.1 percent to $81.3 million, with container shipping revenues falling 16.6 percent to $68.4 million and the bulk and tanker segment ...
Rotterdam Reports "Extremely Significant" 50% Increase in Fuel Oil Throughput
Jul 24, 2015 ... bulk increased by 15.4 percent. Oil products rose by 29.7 percent, crude oil by 8.3 percent, containers by 3.7 percent in twenty-foot equivalent units (TEU), and roll-on/roll-off-transport by ...
Baltic Dry Bulk Routes Could See Higher Rates Due to Rotterdam MGO Discount
Jul 16, 2015 ... only exposure we have is in the ruble to dollar exchange." On Wednesday, it was reported that container freight spot rates on the Asia-Europe route have resumed a predictable slide due to weak ...
Reports: COSCO Order for 20,000 TEU Capacity Containerships Confirmed
Jun 26, 2015 ... that China Ocean Shipping Company (COSCO) is making an order for several 20,000 TEU containerships have been confirmed by brokers, according to a a number of media reports.  The reports ...
One Bunker Spill Threat Ended After Listing Ship off Mumbai Towed to Safety, Four More Ships Send Distress Calls
Jun 24, 2015 ... a 20 degree mid-sea tilt, has been towed to safety, local media reports. Meanwhile, four more container ships are also said to have made distress calls in the area due to "extremely bad" ...
CIMB: Regional Container Shipping Sector Downgraded Due to "Wasted Windfall" of Lower Bunker
Jun 12, 2015 ... Research (CIMB) has downgraded the regional container shipping sector from “neutral” to “underweight”, attributing the move to carriers’ “wasted bunker windfall”, ...
China Considers Establishing ECA, Says Pollution Problems From Shipping More Evident
Jun 11, 2015 ... to openly discuss the possibility of an ECA being established. As seven of the top ten busiest container ports are in China, which now also has over 70 percent of the global seaborne iron ore ...
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Singapore-Based ONE Saw Q2 Bunker Consumption Gain 3.7% On Year

Singapore-Based ONE Saw Q2 Bunker Consumption Gain 3.7% On Year

The firm expects its fleet to continue avoiding the Red Sea and to opt for the longer route around the Cape of Good Hope.

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BUNKER PRICES: G20-VLSFO Index Declines With Crude

BUNKER PRICES: G20-VLSFO Index Declines With Crude

Global VLSFO prices declined on Tuesday.

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Singapore and South Korea to Develop Green Shipping Corridor

Singapore and South Korea to Develop Green Shipping Corridor

The two countries seek to promote green marine fuels and develop bunkering infrastructure.

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