Fresh Call for Pearl River Delta ECA
Bunker Tanker Sale Causes 2014 Operating Loss for Singapore's Yujin
Ardmore Takes Delivery of Eco-Vessel with Skysails Wind Propulsion System
The Ardmore Seafox is the second in a series of four.
Ardmore Shipping Corpor
Jotun: ISO 19030 Could Bring Bunker Savings of $30 Billion a Year
Geir Axel Oftedahl, Business Development Director of Hull Performance Solutions for Jotun, says MEPC's ISO 19030 standard will provide “much needed” transparency to buyers and sellers.
PPG Introduces New Antifouling Coatings Claiming Up To 5% Bunker Savings
PPG has announced a new high-performance antifouling coatings range, called the SIGMA SAILADVANCE, said to be suitable for all vessel types and operating speeds.
Port of Gothenburg Begins LNG Bunkering
The implementation of bunkering services coincides with new general LNG regulations developed for Sweden.
Iran: $500 Million Earmarked for Bunkering Infrastructure Investment
Mohammad Saeednejad, Managing Director for PMO, says Iran is planning a $500 million investment in bunkering infrastructure development.
Iran Fuel Oil Deal with Turkish Company "Expected Soon"
Iran is said to have 41 million litres of excess fuel oil, due in part to sinking fuel oil consumption in the country.
Nasdaq OMX Welcomes News of Investor Litigation Against OW Bunker
Bjørn Sibbern, CEO of Nasdaq OMX, says the stock market is dependent upon the confidence of its investors, and that truth should be found in the OW Bunker case.
ATP Seeking Full Compensation of Loss from OW Bunker Collapse
Kenneth Joensen, Chief Legal Counsel with ATP, says the company aims to recover the full DKK 166 million that it lost from OW Bunker's bankruptcy.
Court Approves Varun Shipping Demerger
Varun Shipping says that one entity will run the ship management and ship investment business, while the other will run the shipping business.
Bunker Tanker Arrested in Singapore
The 2011 Chinese built Sophie 9 has a capacity of 6,100 metric tonnes.
Cruise Operator: Sustainability Will Earn Itself Back
Harvey Gulf to Open LNG Bunkering Station in July
The facility will be located in Port Fourchon in Louisiana.
Harvey Gulf Inter
Gotland Orders 2nd LNG Powered Ferry from Chinese Yard
Gotland says it has signed a contract with GSI in China for a newbuild high-speed LNG powered ferry.
Relief for Dry Bulk as Rates Climb to 2015 High
Dry bulk has endured a tough start to 2015
Following a tough start to 2015 fo
Crude Futures Fall Further as Greek Crises Continues
Crude futures fell further today on the ongoing Greek crises.
Currently, Greek banks have opted to suspend banking operations while practicing capital control, this lead Brent front-month contracts to soften $1.25 to settle at $62.01 per barrel.
WTI contracts for August were also down sharply due to a firm U.S dollar and a realization that an Iran deal could come to fruition in the coming weeks.
WTI futures sank $1.30 settling at $58.33 per barrel.
LNG Bunkers Approximately 40% Cheaper Than Heavy Fuel Oil
The order potential for LNG ship designs is "robust" according to Hwang.
Best Tanker Market Since 2008, but it's Putting Pressure on Crude Prices
Another pressure on price is the fact that ships are traveling farther to find buyers.
LNG Bunker Prices Fall, but Weak Oil Prices Hampering their Adoption
In addition to LNG prices being tied to crude,supply has been exceeding demand.