Panama marine fuel sales in 2018 were hit by the “bad bunkers” problem that started in the US Gulf region with a 1.8% drop in sales.

One of the biggest issues this year has been contaminated fuel problems that started in the US Gulf and spread across continents with law firm Campbell Johnston Clark (CJC) now reporting that they are involved in a case in China.

AP Moller - Maersk says that despite the introduction of an emergency bunker surcharge it is not recovering the full cost of increased fuel prices.

Seatrade Maritime News readers may remember the moans and groans of shipowners, at the time of OW’s final ascent to its watery grave, who implored, “Who should we pay? We have multiple folks asking us for money.”

The US Coast Guard (USCG) has issued a marine safety alert over fuel contamination in the US Gulf region.

As container lines struggle with rising fuel prices Mediterranean Shipping Co (MSC) has announced a temporary emergency bunker surcharge.

Danish fuel and tanker group Monsaja is launching a two-year training programme for graduates who want to acquire the skills of the sector. 

Bunker hedging is presented as a form of risk management but is fair to say Singapore shipowner SS Teo would not agree in terms of its effectiveness.

A bunker fuel dealer from Sungai Petani in Kedah in the northern part of Peninsula Malaysia has fallen victim to an e-mail payment scam and lost $1.1m.

Japanese refiners Showa Shell Sekiyu and Idemitsu Kosan have formed an alliance, which will include their VLCC fleets, ahead of a full integration.

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