Keppel unit wins US$560m rig order from Ensco Keppel Corp unit Keppel Fels has picked up another deepwater semi-submersible order, announcing yesterday a US$560 million contract to build the seventh Ensco 8500 series rig for Ensco International.
TUI likely to report Q2 loss of 73.9m euros TUI AG, the German tourism company preparing to sell its Hapag-Lloyd shipping line, may report a second-quarter loss this week on costs to overhaul its travel unit and lease aircraft.
No decision by US court on Exxon Valdez interest payments The US Supreme Court on Tuesday declined to decide whether Exxon Mobil Corp must pay interest on punitive damages awarded in America's worst oil spill.
China Shipping's H1 profit up 44% on vessel demand
Fire, fighting hit Med tanker sector TANKER markets in the Med are being affected by news that a fire is still alight at a pumping station on the BTC pipeline in eastern Turkey
BW Gas turns down ship offers BW GAS has rejected offers for its LPG ships and agreed with its partner Exmar to terminate their pooling accord
Beluga wants tighter newbuilding grip GERMAN project carrier Beluga is seeking tighter control over the placing of the group's newbuildings in the German private investor market
Board members of Aker Yards sold their shares Several board members of Aker Yards have now sold their shares in the company to the South Korean shipyard group STX. Earlier this week the board recommended all share holders to accept STX's bid of the remaining shares. Svein Sivertsen ...
US oil inventories drop more than expected Oil jumps as DOE reports big decline in stocks of gasoline.
Surprise Saudi cargo offered in tight market Fuel oil parcel for early September loading expected to 'get fairly good bids'.
Singapore fuel oil, bunker market rebounds Bunker prices still dropping in other Asian ports Wednesday as Singapore prices rise for the first time since August 4.
Odfjell slows fleet to cut bunker consumption The tanker and terminal operator reports a 61% slump in net profit.
Rotterdam barges remain tight
Bunker sales bounce back in Singapore July bunker sales at more than 3 million mt, up over 20% year-on-year.
Fuel efficiency strategies paying off Research firm highlights ways to cope with high bunker fuel prices.
Hong Kong bunker demand slow Buyers hold back in anticipation of lower prices.
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