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BMS United

19-08-2015

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
19-08-2015

Singapore's PSA Facing $61 Million Damages Claim from JNPT

The dispute is over a failed 2011 tender for a new container terminal. Jawaha
19-08-2015

Unclear When Fire-Ravaged Shuaiba Refinery Will Reopen refinery

Experts say that Kuwait export deals will not be affected. Authorities say it
19-08-2015

DNV GL Announces "Future-Proof" Eco-Retrofit Tool

The tool generates what-if scenarios to help companies predict the future. DN
19-08-2015

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.
18-08-2015

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.
18-08-2015

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.
18-08-2015

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.
18-08-2015

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.
18-08-2015

Bunkering at British Island Under Review

St Peter Port, Guernsey An independent review has been launched to determine
17-08-2015

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. De
17-08-2015

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
17-08-2015

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.
17-08-2015

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. 
17-08-2015

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.
17-08-2015

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.
17-08-2015

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.
17-08-2015

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.
17-08-2015

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.
17-08-2015

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.
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