February, 2017
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For the full year 2016, Matson achieved a net income of $80.5 million, down from $103.0 million in 2015.
Bunker Fuel Price Increase Cited for Matson's Weaker 2016 Q4 Results
The Samson Mariner, ran aground Wednesday while towing a barge, the Saint Elias, near Rosa Reef in north Tongass Narrows, Alaska.
1,100 Gallons of Fuel Spilled After Alaskan Tug Grounding
Uncertainty over whether OPEC will extend its cutbacks is also weighing heavily on the market.
Oil Glut and U.S. Shale Worries Cause Market Losses For The Week
Salish Eagle is the company's second of three newbuild dual fuel ferries featuring LNG-propulsion.
BC Ferries' Second LNG-Powered Newbuild Departs for Canadian West Coast
While the requirement on maneuvering fuel has been in place since 2001, it was "often overlooked," ACP tells Ship & Bunker.
Panama Changes Bunker Regulation to Clarify Fuel Switching Rule
But there are still challenges in the medium term, say other analysts.
"Rampant Demand Growth" Helping Prop Up Oil Prices: Energy Aspects
Tom Strang, senior vice-president maritime affairs at Carnival, says a number of LNG suppliers have been "coming to the table."
Carnival's US LNG Bunkering Needs Still Under Assessment
OPEC's cutback scheme and other factors are cited as the reasons for the increases on both sides of the border.
Suncor Boosts Output in the Canadian Oil Sands as US Production Heads Towards a 500,000 bpd Increase
Everything from huge inventories and weak demand to OPEC cutbacks faltering are cited as the reasons for the potential slide.
Analysts in the Wake of Oil Falling Yet Again Say $35/bbl in the Near Future is Possible
U.S. shipowners and suppliers are said to be still weighing the risks and costs associated with developing the supporting LNG infrastructure.
U.S. Still Reluctant to Adopt LNG Bunkers: Industry Sources