Archive News

August, 2015
Date	Headline	Image
Thu13Aug	Rising Bunker Costs Affect Wilh. Wilhelmsen Second-Quarter Results Though revenues and profit are up compared to last year, bunker costs and off-hire led to a drop quarter-over-quarter.
Thu13Aug	Horizon Acquisition, Other Factors Impact Matson's Q2 Earnings But transportation revenue increased $25.6 million to $346.7 million.
Thu13Aug	Scientists Find "Ideal" Algae for Use as Fuel Scottish researchers say they have found which North Atlantic Ocean-based algae strains could provide enough oil to be used as a source of fuel in vehicles.
Thu13Aug	2015 Could Be A Record Year for Southeast Asia Bunker Theft, Says Maritime Security Firm 13 hijackings have been reported so far this year.
Thu13Aug	More Sources Point to COSCO Group, China Shipping Group Merger "The matter is being discussed," says one source said to have direct knowledge of the matter.
Thu13Aug	EIA Cuts 2015, 2016 U.S. Crude Production Forecast, but its Still on Track to be Highest Since 1972 U.S. crude oil production this year is expected to be 100,000 barrels per day less than previously forecast.
Thu13Aug	OPEC Production Highest in 3 Years as Iran Output Increases OPEC pumped 31.5 million barrels per day in July.
Thu13Aug	Endofa Explains Losses, Future Plans Endofa company is well funded with a bright future ahead of it, co-founder and Managing Partner Kenn Soendergaard has told Ship & Bunker.
Wed12Aug	Slight Firming for Crude Futures EIA data showed that U.S crude inventories incurred a 1.7 million barrel draw last week.
Wed12Aug	China's Marine Fuel Quality "Lags Behind That of Major Developed Countries" "Ship emissions now remain the third largest source of air pollution in China," a local media report notes.
Wed12Aug	Interlake to Outfit Two More of Its Vessels with Scrubbers The Great Lakes shipping line says it will install scrubber systems on two of its vessels, the M/V Lee A. Tregurtha, and M/V James R. Barker, early next year.
Wed12Aug	Deaths, Hundreds Injured as Chinese Port City of Tianjin Rocked by Massive Explosions [ VIDEO ] The blasts are said to have happened in a warehouse area storing dangerous goods located in Tianjin's Binhai development zone.
Wed12Aug	Durban Bunker Prices Drop as Refinery Comes Back Online IFO180 prices fell to their lowest point since February 3, 2015.
Wed12Aug	BIMCO to Hold Bulk Carrier Bunker Spill Response Simulation at Hamburg Conference The shipping association will host a session on managing a crisis in the aftermath of a maritime casualty at its next annual conference in November.
Wed12Aug	Kinder Morgan to Aquire Four Fuel Efficient, LNG Conversion-Ready Jones Act Tankers Kinder Morgan says it has signed a $568 million agreement for the construction of four 50,000 DWT, LNG conversion-ready Tier II tankers.
Wed12Aug	Drewry: Suez Canal Forecasts Unrealistic, It Must Be a Long-Term Game Drewry says the newly completed Suez Canal expansion will draw "far fewer" vessels than has been forecasted by project sponsors.
Wed12Aug	Japanese Refiner Enters Joint Venture for Australian Fuel Storage Facility TonenGeneral Sekiyu and Qube Holdings are planning a 230-million-litre-capacity storage facility in Port Kembla.
Wed12Aug	Second Phase of Malaysia Storage Terminal Complete ATT Tanjung Bin Sdn Bhd says it has completed the second phase of its Port of Tanjung Pelepas oil terminal expansion, adding 262,000 million cam of storage.
Tue11Aug	Crude Continues to Soften OPEC reported that oil supplies outside the group will rise by 90,000 bpd this year.
Tue11Aug	Singapore Bunker Theft Tanker's Navigation System to be Examined by Malaysian Authorities The Singapore-flagged tanker went missing early over the weekend and was found the next day without its cargo.

Showing 121-140 of 203 articles from August, 2015

Jul 16

1Aurelio to Launch Physical Supply Operation in Senegal

The firm will launch bunker supply at OPL Dakar in Senegal from August, an Aurelio representative tells Ship & Bunker.
Jul 17

2INTERVIEW: KPI OceanConnect Remains Optimistic Despite 'Market in Flux'

CEO Dorthe Bendtsen sees a return to stronger profitability 'in the near future', she tells Ship & Bunker.
Jul 16

3Iran Detains Oil Tanker in Sea of Oman: Report

The tanker was arrested in relation to charges of smuggling two million liters of fuel.
Jul 15

4KPI OceanConnect Sees 55% Drop in Pre-Tax Earnings in 2024/25

The company reported earnings before tax of $9 million in the year to April 30,down from $20 million in the same period a year earlier, while volumes held steady at about 12 million mt/year.
Jul 15

5Maersk-Backed Firm Prepares to Produce E-Fuels From Captured Carbon

Prometheus Fuels says it's ready to commercially produce e-fuels from air, with 11 million mt already contracted for future delivery.

Archive News

Popular Now More