March, 2017
Date Headline Image
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
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