Archive News

February, 2016
Date	Headline	Image
Tue09Feb	Have Bunker Prices Hit Bottom? New Report Says US Shale Producers Can Prosper With Oil at Sub $30/bbl Prices The average DeWitt County well can be profitable with U.S. benchmark crude at $22.52 a barrel.
Tue09Feb	Port of Los Angeles Responds to TraPac Environmental Audit Results Showing Lack of Shore Power Enforcement Port of Los Angeles executive director, Gene Seroka, says the TraPac audit has shown pollution reduction targets have been met nine years ahead of schedule.
Tue09Feb	Low Bunker Prices Mean "Clear Cost Savings" from Increasing Vessel Speed The finding by Drewry is counter to the conventional wisdom that slow steaming is more cost effective.
Mon08Feb	WTI Back Under $30 as Crude Futures Continue to Slide Both Brent and WTI contracts softened nearly 4% as the realization of a Venezuelan/OPEC deal faded off.
Mon08Feb	Chairman of MSAR Emulsion Bunker Firm Quadrise to Step Down Mike Kirk will succeed Ian Williams as Executive Chairman, effective April 1, 2016.
Mon08Feb	P&I Limbo Risks Highlighted as Glencore Loads Iranian Fuel Oil Insurers are struggling to determine the parameters of the sanctions still in place against Iran.
Mon08Feb	New Malaysian Player to Enter the Bunker Business The KL-listed industrial concern is to sell a 12.5% stake to raise funds for the venture.
Mon08Feb	Parker Kittiwake Reports Significant Order for New Cat Fine Test Kit Norbulk Shipping to outfit 70 Vessels with Parker Kittiwake's Cat Fines Test Kit
Mon08Feb	Industry Insight: Are Physical Suppliers Really Safer to Deal With than Traders? Some buyers say they believe refraining from using traders, and only using physical suppliers, will avoid a so-called "double payment" problem.
Fri05Feb	VPS and Intertanko Concerned Over Impact on Bunker Quality from Proposed Changes to ISO 8217 VPS says proposed changes to the ISO 8217 standard may undermine shipping industry efforts toward fuel quality improvements.
Fri05Feb	Bunker Jobs: OceanConnect Marine Seeking a Singapore Based Credit Manager The credit manager position is based in its Singapore office.
Fri05Feb	Diana Shipping Buys Bulkers at "Distressed" Prices The Greece-based dry bulk shipping company says it has purchased the three Panamax dry bulk vessels at a collective price of $39.8 million.
Fri05Feb	Sonker Bunkers Lands $341 Million Development Loan The funds will be used construct and operate a new bulk-liquids terminal in the port of Ain Sokhna.
Fri05Feb	Hanjin Narrows 2015 Dry Bulk Losses by Almost 40% The improvement comes despite the sector experiencing what has been called the "worst crisis in living memory."
Fri05Feb	Critics Irate Over Obama's Proposed $10 Per Barrel Oil Tax They predict the proposal will die a quick death in the Republican-controlled Congress.
Fri05Feb	Aqualis Offshore Lands Study Contract for TOTE LNG Bunker barge Aqualis contracts with South Korean LNG bunker vessel manufacturer.
Fri05Feb	HHI SCR Unit Provides "Dramatic" NOx Reductions Hyundai Heavy Industries says it's system "can run on heavy fuel oil that costs half as much as marine gas oil."
Fri05Feb	DNV GL and Russian Register Aim to Cooperate on Standards for Gas Fuelled Ships Meeting to sign a cooperation agreement, DNV GL and RS discussed their intent to work together to improve standards for safety of gas-fuelled vessels.
Fri05Feb	Analysts Say Nyet to Russia Influencing OPEC Policy The Saudis are the undisputed leaders and are more focused on Iran.
Thu04Feb	Crude Futures Down After a Trading Day of Heavy Volatility Oil prices were up sharp early in the day on the continual speculation that OPEC members were willing to talk about production cuts.

Showing 161-180 of 224 articles from February, 2016

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.
May 30

5Bunker Holding Group Streamlines Legal Structure to Simplify Operations

The company tells Ship & Bunker that the restructuring will not affect current back-office operations or result in job losses.

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