Archive News

December, 2017
Date	Headline	Image
Fri29Dec	2018 to See Dry Bulk Fleet Grow at Slowest Pace Since 1999: BIMCO Still, 2018 may not be quite as strong as 2017, and profits may not come around until 2019, says BIMCO's Chief Shipping Analyst Peter Sand.
Fri29Dec	US Crude Ends 2017 Above $60, But This Sets Stage For Shale/OPEC Clash, Say Analysts But Federal Reserve Bank insists oil must exceed $60 for a boost in U.S. drilling.
Fri29Dec	U.S./China Dispute Heralds Increased Geopolitical Risk for Crude in 2018 Everything from Venezuela's economy to an election in Libya bears monitoring, says Helima Croft.
Fri29Dec	240 Vessels Now Fitted With Scrubbers, and That Number is Set to Accelerate: Clarksons Around 5% of newbuild contracts in 2017 were for scrubber-equipped vessels.
Fri29Dec	Box Ship Deliveries Grew 26% in 2017, Majority Were ULCS: Alphaliner ULCS of 14,000 TEU or more made up 55 percent of the new capacity entering the market in 2017, says Alphaliner.
Fri29Dec	Quadrise Combustion Boiler Trial Project in Saudi Arabia Edges Closer to Production The trial is expected to commence early in 2018, once all the agreements are finalised.
Fri29Dec	ClassNK Amends Fuel Consumption Reporting Rules In line with changes in international conventions
Fri29Dec	Singapore's Ocean Bunkering Services Increases Barge Fleet One barge dedicated to delivering distillates
Fri29Dec	Scrubbers Temporary Solution for IMO2020, Says LNG Bunker Player "LNG fuelled ships, combined with power-to-gas or biogas offer a credible and cost competitive path to decarbonisation and improved air quality," says Titan LNG.
Fri29Dec	Expect a Surge of Activity as 2018 Becomes The "Tipping Year" for LNG Bunkers: SGMF "We have witnessed such significant increase in the number of projects and infrastructure recently," says Mark Bell, General Manager, SGMF.
Fri29Dec	P&I Club Issues Reminder on Requirements for China's ECAs From January 1, 2018 From January 1, 2018 all ships to berth at ports within the three PRC ECAs are required to use fuel with a maximum sulfur content of 0.5%.
Fri29Dec	Industry Insight: Fresh Thinking in the LNG Transfer Zone Easing Infrastructure Concerns While availability of the fuel is not an issue, the infrastructure required for getting LNG bunkers onto ships is proving to be a limiting factor for the industry, Vincent Lagarrigue, Director, Trelleborg Oil and Marine, writes for Ship & Bunker.
Thu28Dec	Despite Latest Signs of Geopolitical Risk, Analysts Believe Oil Supply Discipline Will Support Crude Prices in 2018 Meanwhile, Venezuela ready to launch cryptocurrency as a solution to its all but collapsed economy.
Thu28Dec	Oil Rises On Strength of Strong Demand Reports, Smaller Than Anticipated U.S. Inventory Builds However, looming resumption of normal output in Libya and the North Sea may affect this week's gains.
Thu28Dec	11% of All New Build Contracts in 2017 Were LNG-Powered Ships: Titan LNG "The LNG bunkering infrastructure is maturing and the pricing of LNG has become structurally competitive versus MGO," the company says.
Thu28Dec	New Bunkering Facility Planned for Egypt Clarksons Shipping Agency looking to finalise a deal in 2018.
Thu28Dec	Chinese Freighter Gets Dual-Fuel LNG Conversion Further vessels of Changjiang (Yangtze) National Shipping Group Co. Ltd will be also be modified.
Thu28Dec	India Refiners Look to Charter Tankers for IMO 2020 Product Industry official says there is no incentive for local oil refiners to produce compliant low sulfur bunker.
Thu28Dec	Brightoil Hails First LNG Deal Company says it is committed to LNG given tighter regulation on environmental protection.
Thu28Dec	Taiwan's CPC to Discontinue Supply of MF-30 Grade Bunkers Move aimed at more efficient use of storage.

Showing 1-20 of 166 articles from December, 2017

Apr 28

1Shipergy Launches New Platform Tracking Variations in Bunker Energy Content

Failing to keep track of energy density variations could be costing shipping companies as much as $25/mt in fuel bills, Shipergy CEO Daniel Rose tells Ship & Bunker.
Apr 28

2World Kinect Sees Q1 Bunker Sales Hit Lowest Level Since 2014

Gross profit from the marine segment was $35.7 million in Q1 2025, down from $48.4 million a year earlier.
Apr 23

3IMO 2028: How Much Biofuel Will Be Needed to Avoid Penalties?

Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028.
Apr 28

4Victrol Adds New MFM-Equipped Barge to Boost ARA Operations

The tanker barge has a carrying capacity of 6,400 mt.
Apr 25

5Bunker Prices Forecast to be Under $500/mt throughout 2026

Ship & Bunker's latest global average bunker price forecast shows a signifcant drop in expected average prices compared to just 3 months ago.

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