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Kilduff Warns of $35 Oil And "Knockout Blow" To Many Companies

The analyst's comments come on the heels of a dismal week for the market and poor Q2 reports from producers.

Port of Long Beach Acknowledges Latest Emissions Reduction Efforts

PoLB issued a declaration of support for Wan Hai Lines' plans to use emissions scrubber tech at the port and presented an environmental award to Sovcomflot.

ING Seeks Double the Original Invoice Total to Settle an Outstanding OW Bunker Debt

In a new case this month, OW Bunker assignee ING is seeking $415,898.41 to settle a $206,735.32 bunker bill.

US-Crude Down At 3-month Low, But World Bank Ups 2016 Price Forecast Anyway - Sort Of

Wednesday's decline was triggered by a report of builds in crude and gasoline inventories.

Vessel Hits Wall in Expanded Panama Canal

Critics have previously said the new locks are too small to safely accommodate some of the larger neo-panamax vessels.

GAC Expands Bunkering, Other Services With New Location in Brazil

"The Açu Port is expected to become one of the largest port complexes in Latin America," says Rodrigo Kill, Shipping Manager at GAC Brazil.

Washington Panel Gives Tacoma LNG Plant Go Ahead After Permit Appeal

The state's Shorelines Hearings Board upheld one of the project's major permits Monday, enabling development of the facility to move ahead.

Panama Canal Authority to Reward Ships that Reduce GHG Emissions

The Green Connection Award will be given to carriers that make efforts to reduce their greenhouse gas emissions.

Petrobras Agrees to Sale of Chilean Fuel Distributor

The sale will see Petrobras Chile Distribuición sold to Southern Cross Group in a deal expected to garner a cash inflow of $464 million for Petrobras.

Total to Suspend U.S. Gulf Coast Bunker Supply Operations After July

A number of sources in the bunker market are said to have credited tight competition as the reason for Total's decision to exit the regional market.

Oversupply Worries Once Again Pull Down Oil Prices

Gasoline stockpiles growing by 911,000 barrels last week is said to be one reason for the price plunge.

US Independents Call For Crude Import Ban To Restart Shale Boom

A grassroots movement is planning to go national later this year.

NASSCO Completes Float Out of Fourth of Five APT LNG-Ready ECO Tankers

The Bay State is the fourth of five 50,000 DWT, LNG conversion-ready, ECO Class tankers being built for APT.

Concern Raised Over Environmental Safety of Fuel Transfer Operations on U.S. East Coast

Residents in Portland, Maine, say lacking state regulations are enabling vessels to conduct ship to ship fuel transfers without spill prevention equipment.

Fuel-Saving Vessel Design Unveiled for New York's Future City-Wide Ferry Network

The ferries will feature low wash, high fuel efficiency, and low emissions, says vessel designer Incat Crowther.

Tanker Manager, Owner Charged in U.S. in Relation to Oily Waste Dumping

Three officers have also been charged with aiding and abetting the failure to maintain accurate records, falsification of federal records, and conspiracy.

Get Set For Sub $45 Crude As Early As Next Week: Analysts

They base their prediction on weak demand and the persistent global glut.

Safety Issues May Negate Economic Benefits of Expanded Panama Canal: Report

A new report by PGI Intelligence highlights concerns around the introduction of neo-panamax vessels to the newly expanded Panama Canal.

Vopak Expands Terminal Presence in Panama, Eyes Growing Regional Bunker Demand

Vopak says it has obtained major regulatory approvals for the development of a first phase 360,000 cbm independent oil terminal in Bahia las Minas, Panama.

Venezuela's 13-Year Low Output The Notable Exception in OPEC's Highest Output Levels Since August 2008

The cumulative rise causes some analysts to think the case for a return of a production cap may gain traction.

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