Friday Oil Futures Surge Over 4 Percent
U.S. oil production was said to be at a 43-year high.
Crude futures Friday su
Stena Bulk Evaluating Markets Before Expanding Tanker Fleet Pool
Stena Bulk eventually wants to increase the pool to 30 ships from the current 25.
Shell: Lubes "Not Only About Matching BN to Sulfur Content"
Jan Toschka, GM at Shell Marine Products says that selecting an effective lubricant is not only about matching BN to sulfur content.
USCG Says Fuel Spilled in Gulf of Alaska No Longer Recoverable
Thor's Hammer is currently undergoing examinations by the Coast Guard
Ethane Carrier Featuring W\u00e4rtsil\u00e4 Systems and Engine Delivered
The ship was built at the Sinopacific Offshore & Engineering (SOE) shipyard in China.
Soft Start to the Week for Crude Futures
Crude futures for July contracts softened today following Fridays bull rush.
Brent softened $0.62 per barrel on news that OPEC production for May has been the highest output level in over 2 years.
WTI fell by $0.10 cents settling at $60.20 due to a strong U.S dollar holding its weight compared to other currencies.
Bunkers were mostly steady today in the primary ports and we are hoping that crude prices fall significantly as we near the Iran deal.
OECD and Industry Groups Clash on Effects of Mega-Containerships
While the OECD believes larger ships are straining port infrastructure, the World Shipping Council says the ships cut down on per-container costs.
Record Trade Volume in June Anticipated for Asia's Fuel Oil Market
Fuel oil trades of the 380 cSt grade for June could easily top 3 million tonnes, say analysts.
Europe Sees First Successful Cold Iron Power Transfer to Cruise Ship
Becker Marine Systems carried out the power transfer at the Port of Hamburg.
SGMF and GASNAM, Working Toward European Regulation of LNG Supply Activities, Sign MOU
SGMF is said to be working with GASNAM to develop a standard for regulating LNG supply activities, both marine and terrestrial.
Infrared Thermal Imaging System Promises Protection from Bunker Pirates
Pirates siphoned 2,500 tonnes of bunker fuel from Malaysian oil tanker Oriental Glory on May 15
Cruise Ships Prevented from Docking Overnight Until Emissions Regs Come Into Force
Communities were concerned about the emissions and noise caused by the vessels at berth.
Maersk Line Dismisses OECD Findings On Mega-ships
The company said that contrary to claims that mega-ships generate minimal cost savings, Maersk Line has been happy with its financials in that area.
Crude Futures Rally
Today crude futures rallied as the U.S dollar softened compared to a basket of other currencies.
The Euro firmed on speculation that the Greeks would tailor a deal with its creditors.
WTI front month contracts for July firmed $1.06 per barrel settling in at $61.26.
Commodities backed by the Dollar were cheaper for holders of\u00a0 other currencies.
Brent contracts for July firmed $0.70 cents settling in at $65.49 per barrel on speculation that ther
New Wartsila Engine Breaks Efficiency World Record
Marine Solar Power Systems "Ready for Commercial Release" Following Successful Sea Trials
Aquarius MAS + Solar PV Array on Blue Start Delos at Ios
Eco Marine Power Co. Ltd. (EMP) Tuesday said that its two marine solar power systems, Aquarius MAS + Solar and Aquarius Marine Solar Power, are ready for commercial release.
The news follows the recent successful completion of sea trials during two days of testing and evaluation on May 17 and May 19 on-board the Greek high speed car and passenger ferry Blue Star Delos as part of the
Ban on Cruise Ships Berthing Overnight at Sydney Terminal Called "Hollow"
Ships are reportedly not scheduled to berth overnight at the terminal until December.
Study: Using LNG Bunkers in the Arctic Could Greatly Reduce Risks Associated with HFO
WWF - Canada says they want the next edition of the Polar Code to include the phasing out and eventual ban of HFO-fueled ships in the Arctic
Green Groups Renew Call For Global Ship Emissions Cap, Wants Action at MEPC 69
The groups want the IMO to agree a global emissions reduction target in 2016
New Service Launched to Help Shipping Companies Monitor and Reduce Their Carbon Footprint
Haydn Jones, CEO at AWT, says SmartWatch will provide users with a competitive edge