Archive News

August, 2015
Date	Headline	Image
Tue11Aug	China Grants Licences to Allow Crude Imports for Independent Refiners The country's Ministry of Commerce has announced that it will grant licenses to directly import crude oil to two independent refineries.
Tue11Aug	Singapore's Transport Minister Lui Tuck Yew to Step Down Under Lui's watch, Singapore has not only maintained its status as the world's biggest bunkering port, but seen its best ever years in terms of sales volume.
Tue11Aug	Hanjin: Q2 Operating Profit Swells Due to Cost Saving Efforts, Lower Bunker Costs While total sales decreased 6.3%, Hanjin says overall year-on-year operating profit has grown by 147.7% as a result of "continuous cost saving efforts."
Tue11Aug	Malaysia Calls for Anti Piracy, Hijacking Strategies to be Revisited Datuk Seri Hishammuddin Hussein, the country's defence minister, has suggested that anti-hijacking and anti-piracy efforts should be reassessed.
Tue11Aug	ECA "Loophole" May Provide a Competitive Advantage for Some UK Ports Increased shipping traffic could be seen at Welsh ports as cheaper high-sulfur fuels can still be utilised in the Irish Sea, which outside of the ECA.
Tue11Aug	Bunker Pirates Steal 3,500 mt of Bunkers from Singaporean Tanker Roughly $700,000 worth of marine fuel oil (MFO) had been aboard.
Tue11Aug	Demand for Efficiency Tech Not Dampened by Cheap Bunkers MAN Diesel & Turbo said that demand for its Kappel propeller has been steady and growing.
Tue11Aug	Integr8 Expands with New Offices in Mumbai, Istanbul At the new location in Mumbai, India is Kaman Singh, and Damla Aktay is in Istanbul, Turkey.
Mon10Aug	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.
Mon10Aug	Gazprom Neft Marine Bunker: Retail Sales up 3% in First Half of 2015 Gazprom Neft Marine Bunker says retail sales for the first six months of 2015 are up 3 percent year-on-year, having sold 1.57 million tonnes.
Mon10Aug	Axis Plan Aimed at Strengthening Bunkering Activity in Egypt Petroleum and mineral resources minister says the plan will increase trade and transport of crude oil, petroleum products, and natural gas.
Mon10Aug	ARA Fuel Oil Inventories Rise Up 20% ARA area stocks are said to have swelled by 1.87 million barrels during the week to August 6.
Mon10Aug	Malta Bunker Dispute: Feyza Genç Owners Say Arrest Warrant Unfair, Supplier Says Bunker Bill Still Unpaid However both parties tell Ship & Bunker they have been unable to contact Turkish trader Global Bunkers Ltd regarding the dispute.
Mon10Aug	Rolls-Royce Leads New €6.6 million Autonomous Ship Project Rolls-Royce has announced that it will lead a new €6.6 million project working toward autonomous ships.
Mon10Aug	Oil Glut Helps Teekay to Record Quarterly Profit The oil and gas shipping company reports a 2015 Q2 profit of $44.2 million, but still fell short of Wall Street expectations.
Mon10Aug	Plans Underway for the First, Full-Size, Unmanned Ship to Cross the Atlantic The vessel will run on renewable energy such as solar, wind, and current.
Fri07Aug	Bomin Group Appoints New Vice President for U.S. Operations Chris Nelson will be based out of the company's Houston office.
Fri07Aug	Wärtsilä To Provide Engine for World's First LNG Dual-Fuel Dredger The vessel is being built for Belgium's DEME Group.
Fri07Aug	Teekay Tankers to Aquire 12 Suezmax Tankers The company says it has agreed to take on 12 modern Suezmax tankers from Principal Maritime for $662 million.
Fri07Aug	New Trader for MXB in India MXB is a joint venture between Matrix Marine Fuels Pte. Ltd., Singapore, and India's Bharat Petroleum Corporation Ltd.

Showing 141-160 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.

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