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May, 2017
Date Headline Image
Thu25May
However, other analysts say at least the cartel won't be harmed by the proposed sale of U.S. reserves.
OPEC's Cutback Efficacy Questioned Prior to Vienna, Analyst Describes Its Medium Term Pricing Power as "Zero"
Wed24May
One analyst warns that further market disappointments may occur later this week.
Crude Prices Dip Despite "Almost Certain" Oil Cuts Extension
Wed24May
"Implementing IMO's final GHG strategy only by 2023 will have very little impact on the possibility of meeting 2025 2DS targets," says IEA.
IEA: Shipping "Not on Track" for 2025 Emission Reduction Targets
Wed24May
During the 2017 summer season, Gazpromneft says the cruise operator will receive up to 45,000 tonnes of bunkers.
Gazpromneft Marks 10th Season of Bunker Supply to Royal Caribbean Cruises
Wed24May
Stolt-Nielsen says the two vessels will also be able to operate on either diesel or LNG as fuel.
Stolt-Nielsen Orders Two Small-Scale LNG Ships with Bunkering Capabilities
Wed24May
Export Credit Norway says as many as 60,000 vessels will need to be retrofitted scrubber systems by 2020 and ballast water treatment systems by 2021.
Norway to Provide Financing for BWM and 2020 Retrofits
Wed24May
Titan LNG says it bunkered the Fure West on Friday using equipment that draws the flow from two trucks into one bunkering hose, known as the T-piece.
Titan LNG Claims Doubled Speed for LNG Bunkering
Wed24May
The agreement will see Scorpio Tankers acquire Navig8's 27 operating product tankers.
Scorpio Tankers Inks Merger Agreement with Navig8
Wed24May
Meeting HAZID requirements is a key milestone in ensuring the final success of the LPG COGES ferry design process, says GE.
World's First LPG-Fuelled COGES Ferry Design Meets HAZID Requirements
Wed24May
The real problems will begin when the extension draws to a close, says Goldman Sachs.
More Rumours of OPEC Agreeing to Extension Mitigated by Goldman Sachs Warning of 2018 Glut Resumption
Wed24May
Others note that selling oil bought for just over $29 per barrel at today's prices is a wise business move.
Trump Reserve Selloff Proposal Raises Security Concerns but Backed by Analysts Who Forecast Oil Demand Plummeting
Tue23May
"Our results in the quarter were impacted by increased competition across operations and continued challenging market dynamics," says Aegean's President.
Aegean Q1 Revenue Doubles as Bunker Sales Volume Rises 5.6%
Tue23May
Topics include MFMs in Singapore, 2020 global regulations, fuel and lube choices, and working with a strong counterparty within the marine environment.
World Fuel Services to Highlight Marine Fuel Issues at Nor-Shipping
Tue23May
The vessel, known as Lunch Box, is powered by two efficient Tier III certified Baudouin 6M26.3 main engines.
Newly Christened Ferry Hailed Among the "Cleanest Operating in American Waters"
Tue23May
The naming ceremony was held Monday for the 5,800 cbm Coralius.
Naming Ceremony Marks First European-Built LNG Bunker and Distribution Vessel
Tue23May
Saudi's energy minister once again boosts the efficacy of the OPEC cuts prior to Vienna.
Increased Iranian Output Capability and Venezuelan Woes Could Obliterate or Aid Saudi Claim of Market Rebalance
Tue23May
But at least one observer thinks Iraq could make an output cut extension difficult.
Oil Prices Rise as Talk of Longer, Deeper Cutback Consensus Grows
Mon22May
The tribunal found that MAN should pay a total of approximately €5.3 million, as well as around €1.4 million for IMS' legal and other costs.
Latest Arbitration Over Fuel Consumption Dispute Finds in Favour of MAN Refund to IM Skaugen
Mon22May
The masterclass is part of a series at Europort 2017 that is intended to enable knowledge and experience sharing on key topics facing the shipping industry.
Europort 2017 to Feature Masterclass on EU MRV and Vessel Efficiency
Mon22May
LNG as an eco-friendly fuel in Patras is said to have been the focus of discussion during an event held at the Greek port city on Friday.
Poseidon Med II Project Sees LNG Bunkering Discussion in Patras