Bunkers Are Getting Cheaper Relative to Crude as Prices Slide to Multi-Year Low
The prices of bunkers relative to crude is going down.
Bunker prices in some
Singapore's PSA Facing $61 Million Damages Claim from JNPT
The dispute is over a failed 2011 tender for a new container terminal.
Unclear When Fire-Ravaged Shuaiba Refinery Will Reopen refinery
Experts say that Kuwait export deals will not be affected.
Authorities say it
DNV GL Announces "Future-Proof" Eco-Retrofit Tool
The tool generates what-if scenarios to help companies predict the future.
Washington Makes "Significant Step" Towards Lifting US Oil Export Ban with Mexico Crude Swap Deal
The U.S. Commerce Department says it intends to approve an application for a crude oil swap between the U.S. and Mexico.
Analyst Classifies 6 Causes for Loss of Propulsion After Fuel Switching for ECAs
Captain Jeff Cowan says that causes for loss of propulsion incidents can be loosely placed into six categories.
Insurers Say Tianjin Explosion Highlights Risks of Bigger Box Ships
The IUMI said that losses were indicative of a growing trend in the industry towards larger cargo values stored in ports and on large containerships.
Royal Caribbean Signs Billion Dollar Marketing Deal to Promote Singapore Cruise Industry
The cruise line has joined forces with the Singapore Tourism Board and Changi Airport Group.
Singapore MPA Partners with Tech Giant IBM to Tackle Illegal Bunkering
MPA signed an MOU with IBM to improve maritime and port operations and security.
Bunkering at British Island Under Review
St Peter Port, Guernsey
An independent review has been launched to determine
Malaysia Hands Over Investigation of Bunker Theft from Singapore-Flagged MT Joaquim to Indonesia
The MT Joaquim, was found in Indonesian water near Pulau Rupat on Sunday.
MMEA Says Vessel Involved In Bunker Theft from Singapore Tanker Has Been Identified
Vice-Admiral Datuk Ahmad Puzi Ab Kahar says the ships may be sailing in the Indonesian or Singaporean waters
Evergreen Orders 10 Newbuild Eco-Boxships with 10% Reduced Bunker Consumption
Witnessed by Evergreen Group's Second Vice Group Chairman Mr. Bronson Hsieh, the contracts were signed by EMC Chairman Mr. Anchor Chang and CSBC Chairman Mr. Sun-Quae Lai.
Report: Shore Power to Become Most Impactful Tool in Making Ports More Energy Efficient
Navigant Research says the market for shore power utility electricity revenue in port operations will grow by $302.7 million by 2024.
Singapore's Transport Minister Lui Tuck Yew to Step Down
Singapore Transport Minister Lui Tuck Yew has also previously served as CEO of the Maritime and Port Authority of Singapore.
Second Phase of Malaysia Storage Terminal Complete
The expansion project of the ATB oil storage facility in the Port of Tanjung Pelepas, Johor, Malaysia was completed as of August 1.
Scientists Find "Ideal" Algae for Use as Fuel
Dr. Stephen Slocombe, Research Associate at SAMS, says to produce biofuels from micro-algae, high yields must be generated.
Tanker Recovery Continues to Push Tanker Investments Ahead
Results were relatively on par with the first quarter of 2015, when the company reports its best quarterly profit since inception.
Gibraltar Gains New Bunkering Opportunities As New Cruise Turnaround Port
Noble Caledonia will use Gibraltar as a turnaround port for 2 of its 2016 voyages.
Global Risk Management Adds Two to Denmark Trading Team
Michael Korsager Nielsen (l) will take on the role of Senior Trader, while Nicholas Foo (r) will fulfill the role of Trader.