Japan shipping lines lift H1 outlook Japanese shipping lines Nippon Yusen KK and Mitsui OSK Lines booked solid gains in quarterly profits on strong demand for bulk shipping of commodities, with Mitsui lifting its full year forecast by 7 per cent.
California rule calls for ships to use cleaner fuels Ships off California's coast will be required to use cleaner- burning fuel to limit diesel exhaust under new regulations adopted by the state air board.
Cost of Mississippi spill mounts THE CLOSURE of nearly 100 n-miles of the lower Mississippi River because of a huge oil spill is costing the five Louisiana ports upwards of $275M a day
Eight killed in blast on LPG ship EIGHT people were killed and four injured in an explosion and fire on a gas carrier under repair in Greece, the Greek shipping ministry said today
First suit filed in Mississippi spill THE FIRST of many lawsuits expected in the Mississippi River oil spill was filed today
Yard steel costs seen rocketing STEELMAKERS expect a huge increase in raw material costs in the coming year, Fairplay 24 has learned
Has the oil bubble burst? Just two weeks ago (July 11) the price of crude oil soared to another record of USD147 per barrel. Speculators ' ably assisted by Opec ministers' refusal to talk down the price ' were in charge of the lunatic asylum and the world's economies suffered. But now with the price having come of that frightening peak by more than USD20 per barrel, does this mean long overdue good news for the beleaguered global transport industry?
Crude leads Houston bunkers down US Gulf port defying firming trend seen in other major ports.
Limited ship traffic on Mississippi Coast Guard allowing some movement as clean up extends to 100-mile stretch.
Yard ready to deliver more bunker tankers Newbuilds under construction could be fitted as bunker tankers 'if there is sufficient market interest'.
Shipping company blames bunker prices for fall in earnings Horizon Lines says further sharp increases in bunker prices will 'pressure' financial performance.
August fuel oil inflows remain low Singapore-based traders predict 'tight' Asian fuel oil market.
Global bunker market report
New marine lubes service on Kerch roads Barge offering bulk lube supply as well as marine fuels.
Refiner sees fuel oil prices as 'weak' SK Energy says cracking margins have been at an historic high.
Rotterdam bunker market firming
Singapore, Hong Kong markets end the week firm Bunker prices in Singapore rose on Friday, after falling $51.50 in two days.
Fitch stays positive on Sri Lanka's John Keells But warns of higher risk if bunkering business no longer a key contributor to cashflow.
K Line's profit down on high bunker costs Higher freight rates unable to absorb surging bunker costs, company says.
Rolls-Royce selling more efficient engines Soaring fuel costs and environmental pressures driving the trend.
New Sri Lankan firm gets bunkering licence Firm is JV between Sri Lankan carrier and Greek shipping company.
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