January, 2017
Date Headline Image
Wed11Jan
"Physical suppliers should leave the major ports for the refiners, cargo traders and those who have an obvious competitive advantage," says Tolson.
Physical Suppliers Need to Stay Away from Major Bunkering Ports: Tolson
Wed11Jan
Fluxys notes that about half of the 40 ships being built for use in the English Channel, the North Sea, or the Baltic Sea are set to run on LNG.
Newest Jetty at Zeebrugge to Support Growth of LNG as Marine Fuel, Suggests Fluxys
Wed11Jan
Iraq's output adds fuel to the argument that OPEC's cutback agreement is coming apart at the seams.
Record High February Exports From Iraq Cause Further Market Downturns
Wed11Jan
The Baltic Dry Index, reversing gains made last week, shed 23 points Tuesday, falling to 926.
2017 Could Position Dry Bulk Market for Significant Gains in 2018, Say Industry Experts
Wed11Jan
Overall in 2016, 150 vessels were boarded, 12 vessels were fired upon, seven were hijacked, and 22 attacks were thwarted, says IMB.
Global Piracy Falls to Lowest Level Since 1998: IMB
Tue10Jan
Both vessels will also feature hybrid gas-electric propulsion with battery systems in order to reduce bunker consumption and associated emissions.
Vard Set to Build Two LNG-Fuelled Ferries for Torghatten Nord
Tue10Jan
Several industry bodies have voiced concern at the prospect of shipping being included in such regional EU rules.
Renewed Call to Include Shipping in Europe's Emissions Trading Scheme
Tue10Jan
Meanwhile, president Nicolas Maduro says his country is the "victim" of an economic war with opponents.
Embattled Venezuela Issues $5 Billion in Sovereign Bonds, Pledges 50 Percent Stake in Citgo to Russia
Tue10Jan
But doubt still persists whether the OPEC deal will be fully implemented.
Record-Pumping Russia Latest Nation to Report Cutback Compliance
Tue10Jan
The package is said to support the Genting's efforts to "build the world's most modern and efficient cruise vessels."
ABB to Supply Power and Propulsion Packages to Genting Group Vessels