Archive News

November, 2015
Date	Headline	Image
Wed25Nov	We are Destroying the Price of Crude, Says Venezuela, Who Warns on $20/bbl Oil "We need to go back to the principles of OPEC," says Oil minister Eulogio del Pino.
Tue24Nov	Crude Futures Up on Geopolitical Tensions Both ICE and NYMEX contracts witnessed their largest gains in over 3 weeks.
Tue24Nov	Baltic Dry Index Hits Bottom? The Baltic Dry Index (BDI) Monday made its first positive movement in over four weeks.
Tue24Nov	European Commission Proposes Fines for Romania Over Sulfur Rules Failure The European Commission says Romania's failure to align with rules on sulfur content for marine fuels deserves a fine of 38,042.6 euros per day.
Tue24Nov	Trafigura Singapore Subsidiary To Build $100 Million Myanmar Storage Project Puma Energy has become the first firm to secure a license for building oil storage facilities in Myanmar, at the port of Thilawa.
Tue24Nov	SSI: Climate Change is a Business Risk, Current Shipping Industry Emissions Regulation is Insufficient The organisation's calls for international action on shipping emissions ahead of discussions at COP21, set to be held in Paris beginning November 30.
Tue24Nov	Lithuania's Klaipedos Nafta Establishes SGD Logistika For LNG Bunkering Majority state-owned Lithuanian oil terminal operator Klaipedos Nafta is partnering with Germany's Bomin Linde to provide LNG bunkering services.
Tue24Nov	NGOs Say New EP Report Shows Need for Action on "Elephant in the Room" Issue of Global Shipping Emissions Cap Seas At Risk, T&E, and the Marine Conservation Society push for CO2 reductions to be agreed upon for the shipping industry in COP21 negotiations.
Tue24Nov	ExxonMobil Receives Approvals for Environmentally Acceptable Lubricant Line Seal manufacturers Kemel, BVI, and Hwaseung R&A are said to have approved the company's Mobil SHC Aware Gear Series.
Tue24Nov	Transpacific Container Lines Agree on Rate Increase Pact The increases are said to be in response to "cost and environmental compliance pressures."
Tue24Nov	Gibraltar Officials: LNG Bunkering "Quite Some Way Away" Current LNG plans are for a power station only.
Tue24Nov	3 Ships Caught Illegally Transferring Bunkers In Malaysia The Malaysian Maritime Enforcement Agency has captured three vessels transferring fuel oil ship to ship without permits to do so.
Tue24Nov	CMA CGM Enters into Exclusive Discussions With NOL Over Acquisition The French shipping company says the exclusivity period is expected to last through until December 7th, 2015.
Tue24Nov	Box Shipping Unsustainable at Current Rates: Singapore Shipping Association Association says there is "definitely" a consolidation trend taking place as a result of the poor market conditions.
Mon23Nov	Crude Futures Flat After Early Surge Brent front month contracts ended the day up $0.17 cents per barrel while WTI contracts settled down $0.15 cents per barrel.
Mon23Nov	Island Oil Launches Israel Physical Supply Operation Operations are expected to commence from Haifa port on December 10, 2015.
Mon23Nov	Reports: Bomin to Exit Gibraltar Physical Supply Market Move will take place by the end of November, according to reports, leaving only two players supplying on both sides of the bay.
Mon23Nov	U.S. Coast Guard: Main Engines May Not Attain Expected Speed When Using ULSFO The U.S. Coast Guard has updated its ECA operating recommendations as a result.
Mon23Nov	Singapore Owners of Arrested Ferry Start Paying Off its Bunker Bills, Other Debts However over $1 million in bunker costs remain unpaid.
Mon23Nov	MXB Resumes Operations in Kochi After Upgrades for Faster Bunkering, More Capacity The company says it has completed a four month long upgrade project on its facilities.

Showing 41-60 of 228 articles from November, 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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