Archive News

December, 2016
Date	Headline	Image
Thu15Dec	OPEC Forecasts Market Rebalance In 2017 Despite Posting Massive November Output Numbers Increased shale activity also causes concern for analysts.
Thu15Dec	Kassinger: Scrubber Economics Are a "Slam Dunk" For a ship consuming 1,000 mt per month, "I think the savings will actually be closer to $5 million per year," Rudy Kassinger tells Ship & Bunker.
Wed14Dec	Crude Benchmarks Slide 3% Bunker prices were softer in the primary ports.
Wed14Dec	ECSA Issues Open Letter, Applauds ICS on IMO's CO2 Roadmap ECSA says ICS' leadership and "pro-active" submissions helped toward the IMO's decision to develop a CO2 roadmap for international shipping.
Wed14Dec	EU Reg Spurs Kongsberg Maritime's New CO2 MRV Application Kongsberg Maritime's says the CO2 MRV application was developed for its K-Fleet suite of Marine Fleet Management Software.
Wed14Dec	Danish Shipowners' Association Partners with Government Ministries on Tightening Global Environmental Regs The partnership will develop an action plan that is set to include a number of initiatives, including some that will be focused on bunker suppliers.
Wed14Dec	Gulf Petrochem Eyes Further Growth Through New CTRM Platform AspectCTRM says it has been selected by Gulf Petrochem to provide its cloud-based commodity trading and risk management solution.
Wed14Dec	Corvus Highlights Use of ESS on New Dual-Fuel Hybrid Ferry Corvus congratulated SFC on the recent delivery of its new "state-of-the-art" vessel, which can run on diesel, LNG, and battery power.
Wed14Dec	AG&P and Risco Energy Embark on Indonesian LNG Joint Venture Set to Include Bunkering The JV will see the two companies cooperate on mid-scale LNG terminals in Indonesia and their associated supply chains.
Wed14Dec	Update: Aegean Intends to Issue $150 Million Convertible Senior Notes Aegean says it plans to use approximately $40 million of the net proceeds from the sale to repay a portion of the company's outstanding short-term debt.
Wed14Dec	More Modest Market Gains Amidst Warning That Oil Prices Will Plummet If Cutback Deal Compliance Is Lacking The IEA reminds the market that OPEC agreed to slash production while members pumped at record volumes.
Wed14Dec	IEA Predicts Supply Deficit But Warns That Next Few Weeks Are "Crucial" For Those Supporting OPEC Cutback Deal The agency concedes that the deal might not be fully implemented.
Tue13Dec	First Dry Bulk, Then Box Carriers - Now Poten & Partners Warns of Looming Tanker Market Woes Writing in its latest Tanker Opinions, the consultancy says that, for 2017, the sector faces an all too familiar story of too many ships and not enough demand.
Tue13Dec	Industry Insight: Success Demands a Greater Effort While 2016 has been challenging for owners and operators, Larry Rumbol of Parker Kittiwake says IMO's 2020 decision has added cat fines to the agenda.
Tue13Dec	Singapore Records Another Huge Month of Bunker Sales Singapore's trailing twelve-month bunker sales total now stands at 48.7 million mt.
Tue13Dec	Marorka and SMDERI Partner on Chinese Ship Efficiency Through New Training Centre The new centre, which was officially opened with a ceremony on December 2, comes as a result of an agreement that Marorka and SMDERI signed in May.
Tue13Dec	Performance Monitoring "In Vogue" Alongside New ISO 19030 Standard: Jotun The comment came at a recent seminar hosted by DNV GL and Jotun, which focused on the new standard for hull and propeller performance measurement.
Tue13Dec	Crude Hits 17 Month High, Analysts Say Bigger Gains Could Follow Nigeria is hoping oil will settle at the $60 range.
Tue13Dec	OPEC Deal Could Cut Glut in Half - but Critics Think It's "Unsustainable" and Will Benefit U.S. The IEA predicts that shale's recovery will begin in January.
Tue13Dec	Estonia's Mõntu Harbour Signs Agreement for the Development of New LNG Bunkering Centre The centre is set to include a 5,000 cbm capacity floating LNG storage facility, as well as a berth for vessels to be bunkered by a 1,300 cbm tanker.

Showing 101-120 of 205 articles from December, 2016

May 03

1TFG Marine Hires Bunker Trader in Dubai

The new hire had previously worked for Toyota Tsusho Petroleum Pte Ltd since 2015.
May 01

2Hapag-Lloyd Sets Out Challenges of Biofuel Bunker Procurement

Hapag-Lloyd's head of green fuels cites lack of production capacity and feedstocks as key barriers to wider uptake of biofuels in shipping.
May 02

3VIEWPOINT: The Bunker Industry Needs to Train More Junior Staff

Tracy Palm, group HR director at Monjasa, sets out the case for the bunker industry increasing its traineeship programmes.
May 01

4New Flashpoint BDN Rule Comes Into Effect

The new rule, under Appendix V of MARPOL Annex VI, came into effect as of May 1.
May 03

5New Sea Generation to Open Greek Office Later This Month

The new office will be in the Glyfada area and will open on May 13, New Sea Generation's Domenico Scotto tells Ship & Bunker.

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