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15-04-2016

ReCAPP: Still No Hijackings for Oil Theft in Asia Since September 2015

ReCAPP's latest report says the overall situation of piracy and armed robbery in Asian water continued to improve during January to March 2016.
14-04-2016

Singapore Posts Highest Ever Q1 Bunker Sales as Record Numbers Flock to Buy Fuel

Source: Maritime and Port Authority of Singapore Singapore has recorded another huge month of bunker sales, the latest preliminary data from the Maritime and Port Authority of Singapore (MPA) shows. Sales for all products in March totalled 4,149,800 metric tonnes (mt), the port's third highest ever sales total and only the fourth time the world's biggest bunkering port by volume has recorded over 4 million mt in a month, following the 4,28
11-04-2016

Bunker Spill Response Sparks Twitter Backlash

The hashtag #WilmingtonLivesMatter has been developed to raise awareness of adverse affects boaters say they are experiencing from the Istra Ace bunker spill in March.
11-04-2016

ETI Looks to Partner on Waste Heat Recovery Project that Could Glean 8% Bunker Savings

ETI has issued a call for partners in relation to its heavy duty vehicle marine waste heat recovery project, intended to garner bunker savings and reductions in associated CO2 emissions.
08-04-2016

Bremenports Launches Europe's First LNG-Powered Working Vessel

Bremenports has announced that it has launched a LNG-powered hopper barge in the Netherlands.
08-04-2016

OPEC Predicts Successful Freeze Meeting - But Latin America Will Discuss the Proposal Beforehand Anyway

Rafael Correa, president of Equador, says representatives of his country, Colombia, and Venezuela will meet on April 8
06-04-2016

Bunker Spill Ship Wreck No Longer Considered a Hazard

While some oil still remains on the sunken MV Rena, officials say the vessel is no longer classified as a hazard.
06-04-2016

Baltic Dry Index Continues to Soar on Surging Capesize Rates

Supramax rates were up $23 on Monday Buoyed by higher Capesize rates, the Bal
04-04-2016

LNG Bunkers Remain Distant Reality for Australia

Banu Kannu, of Wärtsilä, says LNG bunkering in Australia is "still a way off."
04-04-2016

Singapore's Mercator Lines' Sells Another Bulk Vessel

Yit Chee Wah, Mercator Lines' Judicial Manager, announced the 73,652 DWT bulk carrier Kalpana Prem has been sold for $2,933,801.65.
01-04-2016

Carriers Stick with Slow Steaming as Rock Bottom Rates Outweigh Gains from Sharp Fall in Bunker Costs

"Rock-bottom" vessel charters and container leasing rates are dissuading carriers from going full throttle.
01-04-2016

Despite Willingness To Consider Freeze, OPEC Output is Rising

Iran and Iraq lead the charge in a total OPEC March output of $32.47 million bpd.
31-03-2016

Dry Bulk Rates Continue Increase, but Pessimism Still Abounds

Alcide Ezio Rosina, President of Premuda, predicting another "very bad year" for dry bulk says rates will experience a slow down by the year's end.
31-03-2016

HMM Gets Green Light for Finance Rescheduling

HMM has received approval from its creditors’ council to extend its debt maturity from March 29 to June 29, 2016.
30-03-2016

Trump Adds to Oil Price Uncertainty, Says if Elected he Could Halt Saudi Oil Purchases

Trump says we're less dependent on Saudi and other Arab nations due to technology plus U.S. oil production.
30-03-2016

Oil Volatility Leading Up to OPEC Meeting, Market Rebalance Afterward: Mirabaud

Vaqar Zuberi says supply reduction is necessary to have a "meaningful impact" on prices.
29-03-2016

Large Bunker Spill as Containership Breaks in Two

TS Taipei ran aground on March 10, but broke up last Thursday. Photo: EPA The
29-03-2016

Alphaliner: Biggest Ever Container Shipping Bankruptcy Edges Closer

Alphaliner says the bankruptcy of troubled South Korean carrier HMM "would dwarf all previous bankruptcies in this sector."
28-03-2016

Vessel Sinks in Indonesia After Grounding, No Reports of Spilled Bunkers

The KM Bunga Melati XV went down with a cargo of cement.  Aging cargo vessel,
28-03-2016

Reports: After $5 Million Port of L.A. Investment for Shore Power Upgrades to CSCL Vessels, Most Don't Call at L.A.

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