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Increased Traffic from Expanded Panama Canal Will Be a "Major Challenge" for New York-New Jersey, Says BMI

BMI Research says the problems that the port of New York-New Jersey will have in taking advantage of increased traffic will be short term.

Sentiment And Symbolism is Driving Oil Price Surge - Once Again: Analyst

Other experts worry that the 10 percent market gain over the last three trading days will lead to a correction.

Crowley Takes Delivery of Final Bunker Saving LNG Ready Newbuild Tanker

The 50,000 DWT West Virginia is said to be the fourth of four newbuild Jones Act product tankers for the company.

Port of San Francisco Eyes Hydrogen Bunkering

The station would be part of the port's goal to have a zero-emissions ferry service in San Francisco Bay.

Two Senior Engineers Admit to Concealing Oily Waste Dumping

The two pleaded guilty in Newark federal court to charges related to concealing the intentional dumping of oily waste from the d'Amico tanker Cielo di Milano.

Venezuela Oil Production Falls To 40 Year Lows As OPEC Admits To Lower-Than-Predicted Global Demand

OPEC also cites more refined products as "adding to the oversupplied market".

Oil Companies Face $110-billion in Debt, Default Rates Are Rising: Moody's

Most of the debt is junk-rated.

Callao and Guayaquil See Tight Avails on Reduced Refinery Output

Sources in the Guayaquil bunker market say new product may be loaded by the end of the week, but it is unclear when Callao will see tight avails ease.

Canadian Capital Launches Country's Largest Electric Propulsion Tour Vessel

The 100-passenger vessel, named The Queen Elizabeth Dr., is the first of two such planned vessels.

Port's Reduction in Emissions of SOx Dismissed as "Old News"

"There's still an emission issue, whether it's a health issue or not we don't know," says local residents association.

Venezuela in Renewed Effort to Raise Oil Prices as OPEC Output Slips in July

Venezuela is reportedly hoping the cartel will discuss a production freeze in September.

Canada Assessing Debunkering Possibilities for 1985 Wreck, Manolis L

The Canadian Coast Guard has awarded a contract to decide upon next steps in dealing with the 462 tonnes of fuel and 60 tonnes of diesel still onboard.

ECA Operator Selects DuPont Scrubber for Bulker Retrofit

Vulica Shipping has selected DuPont Clean Technologies to supply an exhaust gas scrubber for their bulk carrier M/V H.A. Sklenar.

Port of Tacoma LNG Bunkering Station Gets Easement Approval from Northwest Seaport Alliance

The Northwest Seaport Alliance approved two easements for Puget Sound Energy's project on Tuesday.

Clean Up Underway After Spill at Port of Santos During Bunkering Operation

The bulk carrier Shao Shan 5 is reported to have spilled an unspecified amount of HFO during a bunkering operation at Brazil's Port of Santos Monday.

Investment Reductions Will Significantly Change Supply and Demand Dynamics As Early As This Year: ABN Amro

A separate analyst calls the reduction "a ticking time bomb" that will benefit U.S. shale.

US Crude Falls Under $40/bbl, But Bulls See Opportunity

Now's the time to invest in U.S. majors, says analyst.

Panama Canal Authority Refutes Media Reports of Three Collisions Since Expansion Opening

ACP has confirmed just one incident of a vessel scraping a wall at the new dock on the Atlantic side of the newly expanded Panama Canal.

Petrobras Begins Offering RMK500 at Port of Santos

The company further noted that "ISO 8217:2010 specification for residual marine fuels is guaranteed."

Anadorko and Hess Foresee $60 Crude in 2017 And Resumption Of U.S. Activities

The companies shared their optimism as crude made its biggest monthly loss in a year.

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