Archive News

October, 2015
Date	Headline	Image
Mon26Oct	Crude Futures Continue to Tumble We must not forget sanctions lifting off Iran which could depress the market even further.
Mon26Oct	Maersk Line Considering More Emphasis on Spot Rates Maersk Group CEO Nils Andersen added that higher spot rates are needed for 2016.
Mon26Oct	California Approves New Mobile Scrubbing Technology The U.S. state has approved the use of AEG's retrofit-free exhaust scrubber alternative to the use of shore power, which utilises specialised barges.
Mon26Oct	Singapore MPA Considering Granting Multiple LNG Bunker Licences Over Next Two Years Chief Executive Andrew Tan says MPA has received multiple proposals, but the number accepted will depend the demand for LNG bunkers.
Mon26Oct	"Letter of Comfort" Requirements Causing Nigeria Tanker Rate Hike But some have suggested that "the letter doesn't seem to be asking more than the Nigerian law requests."
Mon26Oct	Maersk Line Lowers Profit Guidance As Low Rates Drag Down Results The company will be impacted to the tune of half a billion dollars.
Mon26Oct	Fluxys Gains 25% Share in Belgian LNG Bunkering Vessel Belgium-based Fluxys has announced that it has signed an agreement with ENGIE, Mitsubishi, and NYK Line for a stake in the 5,100 cbm capacity vessel.
Mon26Oct	Secondhand Dry Bulk Greek Buying Spree Dwarfs Chinese Purchases Greek vessel purchases totalled $345 million in September.
Mon26Oct	Black Sea Player Looking for Partner to Develop Physical Bunker Business Anri Gogitidze, Managing Partner at Batpetrol says the company is looking for "international physical bunker suppliers as co-investing partners."
Mon26Oct	JP Morgan: The Only Way to Make Money in Dry Bulk is to Cut Costs, Expect Years of Low Rates Sokje Lee, J.P. Morgan's executive director in Korea, asserts that dry bulk shipping rates could stay weak for years.
Mon26Oct	Singapore, China Registered Vessels Detained Over Illegal MGO Transfer "Both ships did not report their arrival in Malaysian waters and did not pay the light dues," says the MMEA.
Mon26Oct	"Virtually Zero" Chance of ECA Violators Being Caught, Says NABU The German green-group join a number of others, including Maersk, in a call for stricter enforcement of European ECA rules.
Fri23Oct	Greek Dock Workers Walk Out, Protest Over Piraeus and Thessaloniki Port Privatisation It's reported that marine traffic at the ports was not disrupted by the dock workers' walk out.
Fri23Oct	Fire on Fuel Oil Tanker After Engine Room Explosion The 35,669 DWT Liberian-flagged oil and chemicals tanker, Alia, caught fire Tuesday off the Danish coast in the North Sea.
Fri23Oct	OW Bunker: Latest Court Ruling Means Unconsumed Bunkers are Now a Factor in "Who to Pay" Disputes But the latest ruling means that the OW Bunker trustees have now won three out three court battles over the matter.
Fri23Oct	Wärtsilä says Marine Markets "Remain Challenging" as Orders Drop in Third Quarter The company said that low vessel contracting volumes and weak sentiment had affected order intake.
Fri23Oct	No Action Decided On Weak Crude Prices in OPEC, Non-OPEC Meeting An OPEC policy-setting meeting is scheduled for early December.
Fri23Oct	Third Bulk Carrier Seized in Singapore This Month Following Double Vessel Arrest A seismic survey vessel linked to Russian interests was also arrested this week.
Thu22Oct	Crude Futures Firm After Early Rally The dollar firmed to 2 week highs which helped keep crude prices from firming any further.
Thu22Oct	LNG Bunkers "Capable Of Playing A Vital Role" for Inland Waterway Transportation But the CCNR warns that "excessively onerous emissions limits pose a serious risk of halting investment and innovation in the inland navigation arena."

Showing 41-60 of 231 articles from October, 2015

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.
Jun 02

5BC Petroenergy DMCC Hires Former World Fuel Services Manager

The new hire had previously worked for World Fuel Services since 2014.

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