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March, 2017
Date Headline Image
Thu16Mar
Oceanic Energy says it concentrates on "eliminating some of the most talked about risks of the 21st century bunker market."
Neil Lamerton Launches Boutique Bunker Broking Service Oceanic Energy
Thu16Mar
MeteoGroup notes weather routing and speed reduction are two of the 10 most effective existing measures to reduce fuel consumption.
MeteoGroup Underlines FleetGuard's Applicability for IMO and EU MRV Regs
Thu16Mar
Still, the company is optimistic for 2017, expecting profitability to improve and net sales to grow by 5-10 percent.
Containerships Points to Q4 Bunker Price Hike for Pressure on 2016 Operating Expenses
Thu16Mar
The negative camp insists there's way too much market optimism.
More Good News/Bad News Oil Forecasts But the Upside is Still Only $60 Per Barrel
Thu16Mar
Iraq plans to pump 5 million barrels per day by the end of this year.
Iraq Vows to Boost Crude Production as Challenge of Clearing Global Inventory Glut Persists
Wed15Mar
Becker notes that its newly developed COBRA maritime battery system will be marketed and sold through the company's Houston office.
Becker Marine Marks Success of Its Bunker-Saving Tech in North America
Wed15Mar
"The master confirmed that armed men were on board his ship and they were demanding a ransom," said the EU Naval Force on Tuesday.
EU Naval Force Confirms Bunker Tanker and Crew Being Held Captive off Somalia
Wed15Mar
The sale is expected to be finalised by the end of this year, subject to approval by relevant regulatory bodies.
Maersk Line Moves Closer to Hamburg Süd Acquisition with Dr. Oetker Sale Agreement
Wed15Mar
Rakesh Mehra was previously the Executive Director of Bharat Petroleum Corporation.
Gulf Petrochem Names Former Bharat Petroleum Exec as Group's Strategic Advisor
Wed15Mar
Meanwhile, one analyst believes fundamentals dictate that oil will remain in the $40s.
OPEC Admits Global Oil Stocks Are Still Rising But Insists the Outcome of its Cutbacks Will Be Favourable
Wed15Mar
Observers suggest this could herald the kingdom abandoning the OPEC cutbacks entirely.
Crude Plunges Yet Again as Saudis Report Uptick in February Output
Wed15Mar
Sinotrans spent $108.76 million on bunkers in 2016, down from $164.48 million in 2015.
Sinotrans' Bunker Spend Fell by Over One-Third Year on Year in 2016
Wed15Mar
Refiners, meanwhile, have the headache of deciding on whether to investment in upgrading operations, Gibsons notes.
Gibsons: No Surprise That Shipowners Are Using "Wait and See Approach" Before Choosing a 2020 Compliance Solution
Wed15Mar
Specifically, the FSRU is set to include a LNG transfer system for bunkering or small-scale arrangements.
Argentina's YPF Issues FSRU Tender for LNG Operation, Includes Bunkering Capability
Wed15Mar
The most striking decline in bunker fuel oil sales was in Russian Far East — by 40% to around 3.6 million t.
Bunker Fuel Oil Sales in Russia Drop by 26% in 2016
Tue14Mar
This is said to be the first time shore power has been made available in this form and scope in the Netherlands.
Netherlands Launches Shore Power at Scheveningen
Tue14Mar
WE Tech says it will begin equipment delivery for two new 18,600 DWT chemical tankers in October 2017.
WE Tech to Provide Bunker-Saving Permanent Magnet Shaft Generators to Two Newbuild Tankers
Tue14Mar
Norsepower's rotor sails will be installed and trialled onboard a Maersk Tankers vessel, with average fuel consumption expected to be reduced by 7-10 percent.
Joint Project to See First Installation of Wind-Powered Energy Tech on a Product Tanker Vessel
Tue14Mar
"The ship reported it was being followed by two skiffs yesterday afternoon. Then it disappeared," said John Steed of Oceans Beyond Piracy.
Bunkering Tanker Hijacked Off Somalia: Officials
Tue14Mar
Five of the 11 tankers operated by Panoil Petroleum have been suspended due to "irregularities with the piping fixtures."
A Top 10 Singapore Supplier Has Bunker Tankers Suspended Over Mass Flow Meter Irregularities