Americas News

Oil Glut and U.S. Shale Worries Cause Market Losses For The Week
Uncertainty over whether OPEC will extend its cutbacks is also weighing heavily on the market.
20 Feb 2017
BC Ferries' Second LNG-Powered Newbuild Departs for Canadian West Coast
Salish Eagle is the company's second of three newbuild dual fuel ferries featuring LNG-propulsion.
15 Feb 2017
Panama Changes Bunker Regulation to Clarify Fuel Switching Rule
While the requirement on maneuvering fuel has been in place since 2001, it was "often overlooked," ACP tells Ship & Bunker.
15 Feb 2017
"Rampant Demand Growth" Helping Prop Up Oil Prices: Energy Aspects
But there are still challenges in the medium term, say other analysts.
15 Feb 2017
Carnival's US LNG Bunkering Needs Still Under Assessment
Tom Strang, senior vice-president maritime affairs at Carnival, says a number of LNG suppliers have been "coming to the table."
13 Feb 2017
Suncor Boosts Output in the Canadian Oil Sands as US Production Heads Towards a 500,000 bpd Increase
OPEC's cutback scheme and other factors are cited as the reasons for the increases on both sides of the border.
10 Feb 2017
Analysts in the Wake of Oil Falling Yet Again Say $35/bbl in the Near Future is Possible
Everything from huge inventories and weak demand to OPEC cutbacks faltering are cited as the reasons for the potential slide.
8 Feb 2017
U.S. Still Reluctant to Adopt LNG Bunkers: Industry Sources
U.S. shipowners and suppliers are said to be still weighing the risks and costs associated with developing the supporting LNG infrastructure.
8 Feb 2017
January Sees Panama Canal Break Monthly Tonnage Record Set in December
In January, the canal set a new monthly tonnage record of 36.1 million PC/UMS with the transit of 1,260 ships.
8 Feb 2017
Tumbling 2018 Oil Prices Part of a Good News/Bad News Forecast From Bank of America Merrill Lynch
U.S. president Donald Trump is cited as the instigator of a potentially rocky market ahead.
7 Feb 2017
Latest OW Bunker Dispute Case Was Wrongly Decided: ING Lawyer
"There are three main points we disagree with as a matter of law," Bruce G. Paulsen tells Ship & Bunker.
3 Feb 2017
Crude Falls Again Amid Suggestions That OPEC Cutback Deal Isn't Enough to Revive Market
The unexpected build in U.S. inventories is said to be the main trigger for Thursday's losses.
3 Feb 2017
Liquidation of Colombia Player Petrocosta Ordered, but Operations Under Bunker Partnership With Dan-Bunkering to Continue
Dan-Bunkering said it would continue to be "business as usual" for the physical supply partnership.
1 Feb 2017
Eagle LNG Submits Formal U.S. Application for LNG Facility
With 2020 approaching, Eagle LNG says the Project is well positioned to support the fuelling needs of the maritime industry.
1 Feb 2017
U.S. Fuel Oil Spill Linked to Pipe Leak at New Haven Harbor Facility
An estimated 2,000 gallons is reported to have spilled, with approximately 1,800 gallons said to have been recovered from the river.
31 Jan 2017
Another Twist in OW Bunker Cases as Judge Orders Physical Supplier Be Paid, Says ING Would Otherwise Be Getting A "Windfall"
"Anyone seeking to do justice in this situation would distribute the fund in precisely this way," Judge Hinkle says of his "common sense" decision.
30 Jan 2017
Crude Slips as Analysts Warn of Oil Likely Heading Further Downward in 2017
Everything from poor domestic economics to rising production from renegade nations is blamed for the dismal forecast.
30 Jan 2017
Nova Scotia Holds "Strong Potential" for Biofuel Production, Says Canadian Provincial Government
A new report suggests the province could produce alternative fuel from wood chips and tree bark for use as fuel in ships, among other uses.
27 Jan 2017
Joint Committee Praises OPEC for its Oil Cutback Compliance, but "Zero Chance" the U.S. Will Come On Board
"Such an agreement would be a violation of U.S. law, including the Sherman Antitrust Act and the Clayton Act," says economics professor.
27 Jan 2017
Trump Tax Reforms Could Cause Oil Production Surge: Goldman Sachs
Trump's aggressive first week in office causes Harold Hamm to reiterate his prediction of energy independence by 2022.
26 Jan 2017