Partnership represents the start of LNG adoption as a marine fuel in the United States. Pivotal LNG, Inc., a wholly owned subsidiary of AGL Resources Inc., and WesPac Midstream LLC have signed a long-term agreement with TOTE, Inc. to provide…
Mexico's government said on Friday that its latest 'gasolinazo,' or gasoline price spike, will be the only increase this year.The fuel price hike in the world's 10th biggest crude producer comes as slumping international oil prices have…
The euro fell on Friday, continuing the slide that saw the currency finish out 2014 at a 29-month low against the U.S. dollar, on expectations that the European Central Bank will soon embark on outright money-printing.Crude prices fell in a volatile session…
New technologies allow industry to comply with emission standards, reduce costs The U.S. Environmental Protection Agency (EPA) and U.S. Coast Guard (USCG) authorized formal exemptions by Royal Caribbean Cruise Lines that allow for the enlargement…
Ships trading in designated emission control areas will have to use onboard fuel oil with a sulfur content of no more than 0.10% from January 1, 2015, against the limit of 1.00% in effect up until December 31, 2014. To help provide further clarification on the new regulations…
Denmark has arrested a former manager of collapsed ship fuel supplier OW Bunker and intends to hand him to Italy, where he is suspected of fraud, the Danish public prosecutor said on Thursday. A statement from the prosecutor's office did not disclose any details…
An Italian shipping firm based in Genoa, Italy, pleaded guilty to violating the Act to Prevent Pollution from Ships by falsifying required ships’ documents to hide the fact that the ship had illegally discharged oil contaminated waste into the ocean on multiple occasions…
A chief engineer from the M/V Trident Navigator was convicted by a federal jury in New Orleans late yesterday after a week-long trial, of knowingly falsifying the vessel’s oil record book in violation of the Act to Prevent Pollution from Ships (APPS)…
Glander International Bunkering's (GIB) Brazil office has enhanced its presence with increased employee numbers and a new location.As of December 17, 2014, Glander International Bunkering Brazil will increase its staff numbers from 3 to 11 employees…
INTERTANKO’s documentary committee has launched bunker surcharge clauses for Emission Control Areas (ECA). Rising bunker prices due to rising oil prices and volatility in global politics can have a dramatic effect on trade as they fluctuate not just day to day…
Senior management at Brazil's state-run oil company Petroleo Brasileiro SA may have to resign to avoid further delays of the company's audited third-quarter earnings report, Chief Executive Maria das Graças Foster said on Wednesday.Foster…
Waterways Council, Inc. (WCI) and its members and stakeholders applauded the Senate’s passage, by a vote of 76 to16, of a 9-cent increase to the barge diesel fuel user fee. The provision was a part of tax extenders legislation that was combined…
Janice Chen has been employed at Dan-Bunkering (Singapore) Pte. Ltd. as the company’s new accountant, effective October 27, 2014. Chen took a BA (Hons) in Business and Accounting in the U.K. before returning to Asia and settling in Singapore.
The secretary-general of the Organization of the Petroleum Exporting Countries (OPEC) said on Sunday the price of oil had fallen further than market fundamentals would have dictated.Speaking at an event in Dubai, Abdullah al-Badri added…
The International Association of Classification Societies chaired by Philippe Donche-Gay of BV held its December Council meeting yesterday in London. The flagship Common Structural Rules project for bulk carriers and oil tankers was discussed…