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Home » News » Company News

Company News

Cargill to pay for Seanergy's scrubber retrofit
15 Nov 2018 15:13 GMT
Seanergy to also receive compensation based on price spread between HSFO and MGO.

IMO 2020 positive for tanker market: Teekay Tankers
15 Nov 2018 13:03 GMT
Points to higher refinery output, rise in tanker storage demand and emergence of new long-haul trade routes.

Torm performs maiden scrubber retrofit; takes delivery of first newbuild with scrubber
15 Nov 2018 10:09 GMT
Torm Lene retrofitted in Q3; Torm Hilde delivered with exhaust gas cleaning system last month.

Prexit: Another president leaves PetroChina - Singapore's second-biggest bunker supplier
15 Nov 2018 00:01 GMT
Zhang Jianhua becomes second president to depart since April.

Maersk Ocean ups Q3 profit, spends $0.5bn more on bunkers
14 Nov 2018 11:41 GMT
Higher bunker costs not fully recovered via freight rates and emergency bunker surcharge, shipper says.

Aegean in court: The lowdown on Wednesday's hearing
14 Nov 2018 08:47 GMT
Bankruptcy court set to deliberate over a number of motions filed last week.

Sulphur remover Genoil gets Pemex supplier certificate
14 Nov 2018 06:39 GMT
Registration and evaluation of Genoil as a supplier and contractor has been completed.

Greek refiner and bunker seller HELPE 'well-positioned' for IMO 2020
14 Nov 2018 05:20 GMT
Production of fuel oil at 10 percent in Q3.

Genoil lowers fuel sulphur content in latest processing run
13 Nov 2018 00:05 GMT
0.34% LSFO produced for UK client.

Aegean staff have been relying on compensation and benefits to support families: EY
13 Nov 2018 00:03 GMT
Unpaid wages at $3.75m as Aegean gets green light to pay personnel.

Higher bunker prices help push up Hanwa's overseas revenue
12 Nov 2018 13:35 GMT
Segment income jumped 210 percent in Q2.

Aegean doesn't have a centralized accounting system: EY director
12 Nov 2018 10:49 GMT
Lack of centralized system 'makes financial reporting and financial planning difficult', says Andrew Hede.

Aegean's proposed bidding process revealed
12 Nov 2018 00:49 GMT
If approved, process would conclude on February 22 with a sale hearing.

Aegean proposes bidding timeline as Mercuria offers $681m
12 Nov 2018 00:02 GMT
Says bidding process represents 'best available restructuring alternative' after exploring non-binding proposals.

CMA CGM adjusts Taiwan bunker fee 'because of rising oil prices'
09 Nov 2018 13:13 GMT
New Emergency Bunker Recovery Measures to become effective from December 8.

Lukoil says it supplies up to 25% of Incentra's lube volume
09 Nov 2018 11:35 GMT
Incentra is 'impressed by their increased volume in such a short time'.

Torm forms JV to make and fit scrubbers in China
09 Nov 2018 10:31 GMT
Latest commitment could potentially see around half of Torm's fleet fitted with scrubbers.

Norden ups estimated 2020 scrubber costs
08 Nov 2018 18:26 GMT
But lowers overall 2018-20 CAPEX forecast to $40m.

NCL achieves double-digit growth as bunker costs reach $100m
08 Nov 2018 17:02 GMT
$470.4m net income in Q3; fuel expenses up 9.2 percent.

Aegean document reveals September plan to close four offices
07 Nov 2018 13:42 GMT
Offices in Rio, Shanghai, Singapore and St Petersburg all identified as up for 'planned closure'.

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