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January, 2017
Date Headline Image
Trump is the latest in a long line of U.S. presidents vowing to promise energy independence.
Trump's America Energy First Plan Greeted Politely by OPEC, Russia
But the persistent threat of a recovered U.S. shale industry is stalling any real market gains.
UBS, Other Experts Predict Prices in the High $60s in 2017
Shell is set to sell its 50 percent stake in SADAF, its petrochemicals joint venture in Jubail, Saudi Arabia, to SABIC for $820 million.
Shells Pens Sale Agreement with SADAF Joint Venture
The bank states that indicative bids are due by the end of March, noting that, while the bank as a whole is up for sale, alternative proposals will be reviewed.
Maritime Lender HSH Nordbank Invites Bidders Under Public Sale Process
"Customers and vendors can rest assured that Yang Ming is not in default of any obligations," assured the company in a statement Monday.
Yang Ming Recapitalisation Plan to Utilise Taiwan Government Funds
The Aviation and Marine fueling businesses are fundamentally one and the same, writes Steve Leonard.
Feature: The Current Business Models for Suppliers and Intermediaries Will Not Work Beyond 2020; What Can the Bunker Industry Learn from Aviation?
Bunker prices were softer in the primary ports.
Oil Benchmarks Slip 1%
Giuseppe Bottiglieri says the company filed for court protection because of Italian accounting laws, not because of debts.
Giuseppe Bottiglieri Shipping Requests Court Protection From Creditors, but Says It Has No Problems Making Payments
The bottles are reported to have come from Panama-flagged bulker Gloria Island, but insufficient evidence has been found to arrest the vessel.
Investigation Launched After Bunker Sample Bottles Found at Beach Clean Up
Bluesoul says it is "confident" the company will be able to gain a large share in the scrubber market.
DNV GL Grants AiP for Shanghai Bluesoul Scrubber
The development is said to support Bomin's business strategy of investing in key regions.
Bomin Grows Physical Operations in ARA Region with Two Time-Chartered Barges
Output has already been cut by 1.5 million bpd, the nations participating in the oil deal have said.
OPEC, Non-OPEC Members Say Oil Output Cuts Are "Above Expectations"
"By bringing the bunkering requirements in-house we will strive to deliver even greater value," Grunwaldt tells Ship & Bunker.
Peter Grunwaldt Joins Hafnia Management as Pool Moves to take Bunkering Requirements In-House
EnQuest CEO says this will have a "significant impact" on the availability of additional capacity.
EnQuest Joins Saudis in Predicting Global Oil Shortage Due to Lack of Investment
IMO's "Guidelines for Onboard Sampling for the Verification of the Sulphur Content of the Fuel Oil used on board ships," was published on December 9.
Gard Issues Reminder of IMO Fuel Oil Sampling Guidelines
In its latest Tanker Opinion, the consultancy suggests that actual deliveries will not be as high as scheduled deliveries.
Heavy Orderbook May Not Be as Bad for Tanker Market as Initial Appearances Suggest: Poten & Partners
The companies will assist shipowners in ensuring compliance with the European Union's Monitoring, Reporting, and Verification regulation.
Deltamarin and First Choice Carbon Partner to Offer Shipowners MRV Support Service
Meanwhile, Libya and U.S. are among many countries showing rapid signs of output growth.
As Vienna Compliance Meeting Looms, Kuwait's Al-Saleh Says $65 Oil Is Possible With "Commitment" to Current Cutbacks Instead of Deeper Cuts
However November volumes doubled month-on-month to 15,400 tonnes.
FESCO Bunker Volumes Drop 76%
The new ZR range is said to feature high pressure ratios that enable the turbochargers to offer reduced fuel consumption.
L'Orange Announces New Bunker-Saving Turbocharger Range