Archive News

November, 2015
Date	Headline	Image
Fri13Nov	Another Bunker Supplier Makes Unpaid Bunker Claim Against Already Arrested Vessel Bunker supplier Sprague Operating Resources claims that Canada-based Nova Star Cruises has missed two payments for June and July.
Fri13Nov	Singapore Interested in Development of Arctic Shipping Routes It was noted that changes in the Arctic may have effects on Singapore far into the future.
Fri13Nov	Stranded Bulk Carrier given 90 Days to Debunker Accounts differ as to whether Los Llanitos has spilled any fuel.
Fri13Nov	OPEC Looks to Raise Output Ceiling at December Meeting The organisation is said to be contemplating a lift in its output target by 1 million bpd, taking into account the addition of new member Indonesia.
Fri13Nov	NOL Takeover Talks Fail to Lift Share Price, Highlights Market Scepticism Over a Sale Thursday's close is a discount of 25 percent of the company's book value of S$1.380.
Thu12Nov	Crude Futures Continue to Tumble EIA stats showed a much larger build in U.S. inventories than anticipated.
Thu12Nov	Torm Sees Best Rates Since 2008, Contemplates NY Listing The company says it achieved spot rates for its medium range product vessels of $24,599 per day during the quarter, a 77 percent year on year increase.
Thu12Nov	FIS: Bunker Buyers Focusing Too Much on Low Bunker Prices, And Not Enough on Volatility FIS laments the shipping industry not following the airline sector in imposing "financial discipline" on fuel purchases.
Thu12Nov	FAS Russia Brings Proceedings Against CMA CGM in Price Fixing Case CMA CGM is said to have failed to produce necessary documents required as a defendant in a case on concerted activities within the container freight market.
Thu12Nov	Former Bunkers International Global Credit Director Kieran Michael Brown Joins Bomin "We are confident that he will add real value to the company and our customers, as we look to drive further growth," says Head of Global Credit, Paul Millar.
Thu12Nov	Weekly Vessel Scrapping Report: 2015 Week 45 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from November 5 – November 11, 2015.
Thu12Nov	Teapot Refinery Rule Change Could Put Asia Fuel Oil Prices Under Pressure in 2016 China's fuel oil imports could drop to the 200,000 bpd mark in 2016.
Thu12Nov	Reduced Bunker Costs, CSAV Merger Helps Hapag-Lloyd to Third Consecutive Profitable Quarter Reduced bunker prices and a decline in bunker consumption also helped to increase profits.
Thu12Nov	$200,000 Bunker Bill Could Cost OW Bunker "Double Payment" Buyer $1 Million Shipper could face paying a $200,000 bunker bill twice, plus $600,000 in additional costs.
Wed11Nov	Crude Futures Fall 3% The general consensus is that EIA data will put further pressure on oil prices as we near August lows.
Wed11Nov	Panama Posts Continued Improvement in Bunker Sales Volume Latest data indicates a September sales total of 2,123,376.23 barrels, or approximately 292,000 metric tonnes, for all products.
Wed11Nov	Eco Small Dry Bulkers Have 13% Price Premium A new report from VesselsValue suggests that small dry bulk vessels that feature fuel-saving eco engines can present rate benefits.
Wed11Nov	Reports: Fine for Company Accused of Illegal Bunkering in Dubai Dubai Maritime City Authority said to have issues a warning to all bunker providers to adhere to the rules of the Emirate.
Wed11Nov	Residual Fuels Are "Not Dead Yet" Despite Stricter Environmental Regulations Intertek Shipcare's technical manager Michael Green said that hybrid fuels using residual fuel would keep demand for the latter alive.
Wed11Nov	IEA: Prolonged OPEC Focus on Market Share, Sluggish Global Growth Could Mean $50 Oil Though 2020 Such a scenario would also mean the Middle East's share in the oil market would be higher than at any time in the last forty years.

Showing 121-140 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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