Archive News

January, 2016
Date	Headline	Image
Tue19Jan	Cockett Marine Oil Strengthens Rotterdam Trading Team "The appointment will enable the Group to increase its customer business in Europe with a special focus on North Europe," says COO Cem Saral.
Tue19Jan	Mercator Confirms Singapore Dry Bulk Exit The company says all other operating businesses of Mercator India "are performing satisfactorily."
Tue19Jan	Arte Bunkering Adds Three Traders to Hamburg Office Oliver Grunau, Karsten Kurth, and Christopher Seviour have all joined as Bunker Traders.
Tue19Jan	BWM Convention Still Shy of Tonnage Required to Be Brought into Force The news has particular relevance to the currently buoyant tanker markets.
Mon18Jan	Busan Bunker Prices Jump on Tight Supply Tight supply and strong demand caused South Korean bunker prices to spike Friday.
Mon18Jan	Baltic Dry Index Falls to Fresh Record Low of 369, Panamax Rates Fall Under $3,000 The Index has fallen 22 percent so far in 2016.
Mon18Jan	Product Tankers Continue to Benefit from "the New Oil Market" Ardmore CEO Anthony Gurnee has reaffirmed his bullish outlook for the segment.
Mon18Jan	Rotterdam Throughput Grows by 4.9% in 2015 to Reach Record Level Port officials attribute the "significant growth" to the increase in crude oil and oil product throughput, with containers and dry bulk both down.
Mon18Jan	Ardmore Refinances Debt to Support Continued Growth The shipping company says it has received $364 million in total senior secured term loan commitments across two facilities.
Mon18Jan	Saudi Arabia's Oil Strategy Causing "The Worst Internal Crisis" in OPEC's History CNN Money editor portrays the cartel as "deeply divided" and on the verge of mutiny.
Mon18Jan	Lower Bunker Prices Ahead as Brent Closes Under $29 and Analysts Warn Bottom Not Yet Reached Analysts are bracing for further declines this week now that sanctions against Iran have been lifted.
Fri15Jan	Baltic Dry Index Ends Week with Another Record Low of 373, Cape Index Falls Under 200 The sector's key barometer has now fallen to a new record low for the past nine consecutive sessions.
Fri15Jan	Bunker Holding Dismisses Rumours Over Job Losses, Financial Problems The rumours appeared to start in Singapore around Lunchtime, triggered by a number of job losses made at the bunker giant today.
Fri15Jan	VLCC Rates for Key Asia Route Down 44% in 2016 The key Persian Gulf to Japan route has slumped by over 44 percent.
Fri15Jan	Singapore Grants Extra 10% Port Dues Discount for Containerships The extra 10 percent concession on port dues will be given to containerships conducting cargo works at the port with a stay of no more than five days.
Fri15Jan	Derecktor to Build Hybrid Electric Research Vessel The U.S. shipyard says the vessel will follow the successful application of hybrid electric propulsion on a 65 ft research catamaran Spirit of the Sound.
Fri15Jan	Singapore: Chemoil Displaces BP as the Biggest Supplier in the Worlds Biggest Bunkering Port BP has held Singapore's number one spot for the past 11 years.
Thu14Jan	Sri Lanka Seeking Strong Player to Sell Bunkers at Hambantota "It has to be a strong player with competitive pricing," says SLPA Chairman Dhammika Ranatunga.
Thu14Jan	Dry-Bulkageddon: Baltic Dry Index Falls Another 11 Points to New Record Low of 383, Capesize Average Spot TC Rates Dip Under $3,000 "Providing credit to dry bulk so they can buy bunkers is just getting incredibly difficult now," 20\|20 Marine Energy's Adrian Tolson tells Ship & Bunker.
Thu14Jan	Weekly Vessel Scrapping Report: 2016 Week 2 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from January 7 – January 13, 2016.

Showing 81-100 of 197 articles from January, 2016

Jun 05

1INSIGHT: Not All Biofuel Bunkers Are Equal - Navigating Carbon Intensity, Compliance, and Cost

Marex's Bastien Declercq discusses how biofuel markets are likely to react to the IMO's new GHG regulation.
Jun 04

2Singapore Bunker Supplier Hai Yin Marine to Lose Licence This Month

The MPA has not directly given a reason for declining to renew the licence.
Jun 02

3BlackCoral Energy and Biofuel Express Join Forces on Marine Biofuel Supply

The new joint venture will initially focus on biofuel supply in northern Europe, BlackCoral Energy Managing Partner Jesper Christensen tells Ship & Bunker.
Jun 04

4MAN Energy Solutions Rebrands as 'Everllence'

CEO Uwe Lauber revealed the new brand name at the company's Augsburg headquarters on Wednesday.
May 30

5Bunker Holding Group Streamlines Legal Structure to Simplify Operations

The company tells Ship & Bunker that the restructuring will not affect current back-office operations or result in job losses.

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