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Dec
November, 2016
Date Headline Image
Tue15Nov
Aegean Adds Three to its Singapore Office
"We are delighted to welcome Gilbert, Eric and Sarah into the team in Singapore" says Nik Tavlarios, President of Aegean Marine Petroleum.
Tue15Nov
OPEC Reports Record Oil Output as 2017 Surplus Fears Grow
IEA has also suggested the glut could last through 2017, having raised its forecast for non-OPEC output growth next year.
Tue15Nov
Hamm Wants Trump to Slash Oil Regulations as Oklahoma Now Faces "Regular" Fracking Related Earthquakes
Trump's vow to reinvigorate the U.S. oil industry is also causing worry among analysts.
Tue15Nov
Silverstream Says Latest Order Highlights Industry Pressure for Bunker Savings
Silverstream says it has signed a contract to retrofit its air lubrication technology on a major cruise line's vessel.
Mon14Nov
Crude Benchmarks Make a Depressed Start to the Week
Bunker prices were soft during the morning hours but firmed up as the close approached.
Mon14Nov
ISS Advises of New Zealand Port Interruptions Following Earthquake
The interruptions come after a 7.5 magnitude earthquake, which struck the upper South Island of New Zealand at midnight local time on November 14.
Mon14Nov
ExxonMobil Insight: Part 3 - ECA Fuels Storage and Handling [ Video ]
In this third video of the series, ExxonMobil discusses issues such as ECA fuel sensitivity to cross contamination with 3.5% max sulfur non-ECA fuels.
Mon14Nov
IBIA CEO Peter Hall to Step Down
Hall, who has served as IBIA CEO for three years, says he has decided to retire.
Mon14Nov
Shore Power at Brooklyn Cruise Terminal Fully Operational and "Ready for Ships"
The opening comes after management responsibilities for the terminal's shore power facilities were transferred to NYCEDC in September 2016.
Mon14Nov
LNG Bunker Barge Construction Leaves Shipyard with $12.5 Million Loss
The news came as part of the company's financial report for Q3 2016 and the nine month period ending September 30, 2016.
Mon14Nov
Dan-Bunkering Hires New Trader to Middlefart Office
Frederik Moser will fulfill the role of Bunker Trader, effective September 12, 2016.
Mon14Nov
Build in Floating Storage Seen as Another Sign That Market Rebalance May Not Be Forthcoming
However, the build is still less than a 105 million barrel peak last June.
Mon14Nov
Yara Scrubbers to "Future Proof" Four North Sea Container Vessels
Yara says it will supply the scrubber systems to four container feeder vessels, set to be operated by German ship manager Jüngerhans.
Fri11Nov
Brazilian Ports See Sharp MGO Price Drop Resulting From New Petrobras Pricing Policy
Petrobras' decision is said to come as a result of a fall in international oil prices since October.
Fri11Nov
Gibraltar Port Joins SGMF
The Chief Minister says he is "delighted to see the port playing its part in this exciting development in the shipping world."
Fri11Nov
ABB Signs Green Ship Agreement with Chinese Yard
ABB says the agreement with Wuchang Shipbuilding will enhance the two companies' cooperation on the development of "greener," energy efficient ships.
Fri11Nov
Baltic Dry Index Breaks 1000 for the First Time in Over a Year
The Baltic Dry Index rose 71 points Friday to reach 1045, the highest it has been since August 2015.
Fri11Nov
Shipper to Appeal After Judge Dismisses Claim Bunker Supplier "Abused its Dominant Position" in the Market
Finnlines wants €2.76 million in compensation, which is "the price difference between the paid amount for the supplied fuel and the market price."
Fri11Nov
Societe Generale and EIB Sign €150 Million Agreement for Greener Maritime Sector
The agreement is said to support shipbuilding projects that promote sustainable transport and environmental protection.
Fri11Nov
Port State Control Authorities to Focus Inspections on Vessel Sulfur Reg Compliance
PSC authorities, signatory to the Paris MoU and the Tokyo MoU, have agreed to conduct the new Concentrated Inspection Campaign in 2018.