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17-08-2015

China: Bunkering Suspended, No Re-Open Date Set for Closed Fuel Oil Terminals at Tianjin

Last week's two explosions mean that all chemical, oil and liquefied petroleum gas terminals have been closed, along with bunkering operations.
17-08-2015

Deltamarin Introduces "the Future Container Feeder Design"

Deltamarin has introduced the first vessel of its series, the A.Delta2300, claiming fuel efficient design and increased cargo capacity.
17-08-2015

Maersk Line: 2015 Q2 Net Profit Down 7.3% Year-on-Year

Despite a weaker 2015 Q2 year-on-year and a challenging market, Maersk Line promises to retain their lead position in the global box market.
11-08-2015

ECA Loophole May Provide a Competitive Advantage for Some UK Ports

Welsh ports may see an increase in shipping traffic, as the Irish Sea is not covered by new ECA regulations.
11-08-2015

Malaysia Calls for Anti Piracy, Hijacking Strategies to be Revisited

Datuk Seri Hishammud­din Hussein, Malaysia’s defence minister, has suggested that anti-hijacking and anti-piracy efforts should be reassessed.
11-08-2015

Bunker Pirates Steal 3,500 mt of Bunkers from Singaporean Tanker

Roughly $700,000 worth of marine fuel oil (MFO) had been aboard. A Singaporea
10-08-2015

Gazprom Neft Marine Bunker: Retail Sales up 3% in First Half of 2015

Gazprom Neft Marine Bunker says that marine fuel retail sales for the first six months of 2015 are up 3 percent year-on-year.
10-08-2015

ARA Fuel Oil Inventories Rise Up 20%

ARA stocks were reportedly standing at 48.64 million barrels the week ending August 6.
10-08-2015

Sri Lanka's Colombo Port Sees Increase in Vessel Traffic, Cargo Tonnage

Container handling at the port also increased during the first half of 2015.
07-08-2015

Crude Futures Continue to Fall

Crude futures continued falling today following yesterdays momentum. Oil analysts have vehemently stated that last weeks rise in U.S gasoline stock proved more important than a 4.4 million barrel draw of crude oil. The current market state is creeping closer to breaking 2015 lows and it shouldn't be a surprise if and when it does. Brent contracts for September delivery settled at $49.52 per barrel after hitting 6 month lows earlier in the trading day
07-08-2015

Production of Tallink LNG Fast Ferry Begins

Tallink's LNG ferry is being built by Meyer Turku Oy.  Production of AS Talli
07-08-2015

ARA Fuel Oil Stock Rises to 23% Above Five-Year-Average

Stock is up to 840,000 barrels as of last week. Fuel oil stock in the Amsterd
07-08-2015

Drewry: China's Economic Slowdown Will Translate to Demand Loss in Container Market

Drewry says the China's economic slowdown, which has a "huge bearing" on world port throughput, will likewise affect the container freight market.
07-08-2015

W\u00e4rtsil\u00e4 To Provide Engine for World's First LNG Dual-Fuel Dredger

The vessel is being built for Belgium's DEME Group. W\u00e4rtsil\u00e4 Corpor
07-08-2015

Teekay Tankers to Aquire 12 Suezmax Tankers

Teekay Tankers announced that it has agreed to acquire 12 Suezmax tankers from Principal Maritime Tankers, a $662 million deal.
07-08-2015

Singapore Bunker Supplier Tankoil Declared Bankrupt, "Milestone" Hailed for OW Bunker Proceedings

Trustees of DOT have been working to have Tankoil declared bankrupt since last year.
07-08-2015

China Fuel Oil Demand Jumps Almost 25% in June

Platts says China's apparent oil demand reached reached 11.25 million bpd. Ch
06-08-2015

Crude Futures Soft Despite Larger than Expected Draw on U.S. Inventories

Today EIA information showed that U.S crude inventories fell by 4.4 million barrels last week when crude analysts were only expecting a 1.7 million barrel draw. Although the residual stocks fell heavily, distillate inventories rose significantly in the U.S. Brent contracts for September delivery were in the red most of the day but ended up curbing all the losses by the end of the trading day. Brent settled at $49.59 per barrel down $0.40 cents. WTI c
06-08-2015

Tugboat Collision with U.S. Fuel Terminal Pier Causes 1,000 Gallon Oil Spill

A tugboat reportedly collided with a Bayonne fuel terminal pier, resulting in  the spill of 1,000 gallons of oil.
06-08-2015

Hybrid Cruise Ship Stranded After Engine Trouble

A loss of propulsion power has led the Viking Star to be stuck in the Port of Tallinn since last week.
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