Americas News

Crude Climbs In Reaction to Stock Draw, But Continued Doldrums - and Maybe Even Sub-$40 Oil - Lie Ahead

Once again, analysts point to the persistent global glut as the keystone reason for market woes.

13 Jul 2017

Panama Canal Reaffirms Environmental Commitment at MEPC 71

ACP says that, in the expanded canal's first 12 months of operation, the route has contributed to a reduction of more than 17 million tonnes of carbon dioxide.

10 Jul 2017

Oil Up, But Forecasts Down - Again

A bigger than expected drop in U.S. crude stocks wasn't enough to inspire market confidence.

7 Jul 2017

Raymond James Blames "Fake News" for Crude's Woes, Insists Market Should be Bullish

But other analysts once again cite fundamentals in predicting more volatility ahead.

6 Jul 2017

5-Month Panama Bunker Volumes Break 2 Million MT Mark, Rise 22% Y-o-Y

In addition to a larger average stem size, the number of ships bunkered also rose 11 percent.

5 Jul 2017

Analysts Revert Back to Bearish Forecasts As Tuesday Crude Prices Dip Slightly

Once more, they warn of structural challenges ahead.

5 Jul 2017

Monjasa Expands Physical Bunker Operations in Panama Amid "Significantly Increasing" Sales Volume

"It's a formula that we've seen making a success for most places in the world and now in Panama," Group COO Svend Stenberg Mølholt tells Ship & Bunker.

5 Jul 2017

New Bunker Broker Launches in Chile

"We are specialized in supplies on the west coast of South America, Panama and also in ports in Asia," a company spokesperson tells Ship & Bunker.

4 Jul 2017

Crude Rise of 2.2 Percent Sparks Widespread Predictions of a Q2 2017 Recovery

Everything from a slowdown in U.S. shale to fighting in the Middle East is cited as catalysts for a bullish second half.

4 Jul 2017

Dan-Bunkering America Appoints New Managing Director

Jim Jensen initially started with Dan-Bunkering in 2008.

3 Jul 2017

Crude's 14% H1 Slide Prompt Predictions of Second-Half Comeback

But conservative experts insist more pain lies ahead.

3 Jul 2017

Crude May Rise to $49 - Then "Watch Out" for September

A sixth consecutive day of market gains fails to inspire confidence among analysts.

30 Jun 2017

Canada Backs US Oil Assets With $1 Billion Buy In Amid Warnings of Imminent Shale Crash

Experts say under-investment will soon be the Americans' undoing.

29 Jun 2017

New Canadian Report Suggests Reduced Energy Costs and Emissions Through Use of Natural Gas Bunkers

The report provides a summary of a study that examined the benefits of using LNG and compressed natural gas as marine fuel.

28 Jun 2017

Port of Seattle Joins "We Are Still In" Alliance, Pledges to Continue COP21 Efforts

The Port has highlighted its mandatory shore power and at-berth low-sulfur regs as part of its various carbon-reduction initiatives.

28 Jun 2017

Port of Hueneme Becomes First Californian Port to Earn Green Marine Certification

The Green Marine programme addresses key environmental issues and criteria using 11 performance indicators.

28 Jun 2017

Crowley Signs Collaboration Agreement with ExxonMobil and Eagle LNG for Development of LNG Bunkers

The cooperation is intended to establish storage and technical support needed to provide "safe, reliable" LNG bunkering in North America.

28 Jun 2017

Glosten Marks Completion of of Hybrid Ferry Design for Kitsap Transit

The vessel will be feature a battery-diesel hybrid propulsion system driving fixed pitch propeller.

27 Jun 2017

Aegean Launches New U.S. East Coast Market in Savannah

"Our core customer base will get a price competitive offering in a critical container market," says Aegean's Manolis Chochlakis.

26 Jun 2017

More Downside Seen for Oil, but Statoil Sees $60 In the Foreseeable Future

Meanwhile, yet another analyst warns that crude in the $30s is not far away.

26 Jun 2017