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Bunker

Read all the latest news about Bunker. ShippingWatch gives you independent, credible, critical and fair news.

Bunker company's bankruptcy affects Cosco

A bunker subsidiary in Cosco Shipping International has been involved in the bankruptcy of bunker company Coastal Oil Singapore. But the claims against the company are not genuine, says Cosco.

Another Greek bunker company is in trouble

Greek bunker company Macoil, a major player in the key Mediterranean ports of Gibraltar and Malta, has temporarily halted operations in the two ports, sources tell ShippingWatch. This happens a few months after competitor Agean Marine Petroleum found itself in serious problems.

Aegean Marine's creditors link founder to alleged fraud case

In a document submitted to the insolvency court in New York, Aegean Marine Petroleum's creditors link the company's founder, Dimitris Melissanidis, to an alleged fraud case. A spokesperson for Melissanidis denies the accusations in comments to a media.

This week's top stories on ShippingWatch

The collapse of Hamburg carrier Hansa Heavy Lift, the bunker sector in Singapore, Maersk's credit rating downgrade as well as a temperature reading of the tanker and dry bulk markets were some of ShippingWatch's big stories this week.

Equity funds place bid on Aegean

Two new parties are prepared to buy bunker company Aegean, which filed for bankruptcy protection in the US in November. The bidders are well-known shipping names, and they have offered a three-digit million dollar figure for the restructured Aegean, writes Ship&Bunker.

Bunker company in Singapore being liquidated

Bad news keeps emerging from the strained bunker sector, in which bunker company Coastal Oil Singapore, a local player in the world's largest bunker port, is now in the process of being liquidated.

New bunker startup takes its next step

A startup company is launching a test phase of a new platform based on blockchain technology which can track bunker from the oil platform to the vessel tank.

Dismissed employee triggered Endofa's dispute with partner

Endofa's ambitions to build a global bunker company ended up in animosity and a sentence against a partner for providing misleading information about oil trades in Angola. But it was an outsider who set the case rolling. Based on witness testimony, ShippingWatch tells the story.

Dismissed employee triggered Endofa's dispute with former partner

Endofa's ambitions to build a global bunker company ended up in animosity and a sentence against a partner for providing misleading information about oil trades in Angola. But it was an outsider who set the case rolling. Based on witness testimony, ShippingWatch tells the story.

Dårlig bunker spreder sig til Kina

Advokathus fortæller nu, at det er involveret i en sag om dårlig bunker i Kina. Problemet, som har ramt omkring hundrede skibe siden foråret, har nu spredt sig yderligere.

Big bunker problem might continue past 2020

Difficulties involved with blending two types of fuel are a factor at present, and will remain so after 2020. Whether or not the problems will become larger or smaller remains uncertain, Bureau Veritas tells Platts.

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