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10-07-2015

Greek Debt Woes Push Rotterdam IFO380 Prices Under $300/mt

IFO380 hit a 2015 low of $241.50 pmt on January 22. IFO380 prices in Rotterda
10-07-2015

BIMCO: Dry Bulk Demos Will Ease Despite Record Start to 2015

The monthly scrapping average for H1 2015 is 3.3m DWT, a significant increase on the 1.33m DWT per month averaged in the period for 2014
10-07-2015

Bunker Consumption "Vastly Different" Between Ships of Similar Designs

The most efficient crude oil tanker is about one-fifth as fuel-intensive as the least efficient, according to The New Climate Economy report
10-07-2015

New Report: Improving Vessel Efficiency Could Save $200 Billion in Bunker Costs by 2035

The New Climate Economy report says total emissions could decrease from current numbers while shipping activity doubles if the entire global shipping fleet achieves the efficiency of 2011’s industry leaders by 2035.
10-07-2015

Sulfur Regulations Improving Air Quality in Hong Kong, Report Says

Sulfur dioxide levels have reportedly decreased in the first week of new lwo-sulfur regulations.
10-07-2015

Total Lubmarine Opens New Lubricant Blending Plant in Singapore

The new facility will reportedly boost Total’s lubricant supply in the Asia-Pacific region, said to represent more than 25 percent of the company’s lubricants sales.
08-07-2015

Crude Futures Make Mixed Movements After Heavy Volatility

Crude futures were mixed today as both the Nymex and ICE markets saw heavy volatility. WTI front-month contracts for August settled $0.20 cents lower than yesterdays close while surprisingly, Brent August contracts firmed $0.31 cents after falling nearly $2.00 per barrel during the trading day. Ultimately the Iran talks and current Greek situation has undoubtedly led to a sell off. It should be noted that the price hike's these past few months have e
07-07-2015

Oil Prices Plummet Following USA Long Weekend

After the long weekend here in the USA crude oil prices took a smashing over worry in Europe and potential in Iran. Greece\u2019s anti-austerity referendum could cause the already battered state to exit from the European Union causing negative effects to ripple across the regions economies. Another significant factor pushing down on crude prices is the potential deal with Iran. Speculators are beginning to understand the implications that will be bro
07-07-2015

Asia-Europe Box Rates Surge

Asia-Europe market rate has risen to $879 per 20-foot container, a 60 percent increase from the previous week.
07-07-2015

Tricks of the Bunker Trade: What Happens When Your Bunker Surveyor is Asked to Bend the Rules?

Throughout the Tricks of the Bunker Trade series so far we have shown you many malpractice techniques used by some on the unscrupulous players in the bunker industry. While there are many, many high quality and trustworthy bunker suppliers in the world, the danger of malpractice is still very real. As such we can not stress enough how important it is to protect yourself against an expensive loss by always using a bunker surveyor when stemming bunkers. And with t
07-07-2015

UK Royal Navy Reduces Fuel Usage 31%

Scottish politicians said that the fuel drop was indicative of less naval activity. 
07-07-2015

Singapore Oil Terminals Congested After Record Fuel Oil Trades in June

Over 50 tankers have been hired to store the excess oil. A record of nearly 6
07-07-2015

Brightoil Founder Sit Kwong Lam to Resume Position as CEO

Sit Kwong Lam will once again take over as CEO a little over a year after stepping down from the role.
06-07-2015

Vancouver Bunkering Rule Change Clarified

Ship & Bunker has confirmed a recent spill was unrelated to bunkering. Port M
06-07-2015

Low Bunker Prices Good For Some, Bad for Others as Shipping Industry Confidence Crashes to Equal All Time Low

Moore Stephens' Shipping Industry Confidence is equal to its all time low The
06-07-2015

Fjord Line Planning for General LNG Bunkering as Operations Begin at Denmark's First LNG Terminal

The facility will be operated by Fjord Line and will help bunker the company's two LNG cruise ferries.
06-07-2015

MOL Makes "World First" Order for Methanol Powered Carriers

The carriers will be built by Minaminippon Shipbuilding. Japan's Mitsui O.S.K
06-07-2015

Exmar And Fredriksen Combine Assets in New LNG Venture

Exmar will transfer its LNG assets to a newly renamed Fredriksen-controlled company in exchange for a controlling stake.
06-07-2015

Statoil and Lietuvos Energija to Develop LNG Supply Business for Baltic Sea

06-07-2015

Reports: "Good Bunker Fuel Demand" Sees Monjasa Make Rare Suezmax Fuel Oil Fix on Rotterdam-WAF Route

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