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Apr
March, 2016
Date Headline Image
Wed16Mar
Around 15 producers representing some 73 percent of global oil output are now in support of the freeze, says Qatar.
Wed16Mar
But Bloomberg concedes that another potential supply source for the longer term has been tied up.
Wed16Mar
Pappu Sastry, Managing Director at Nepa Projects and Investments says the dry bulk players could benefit from the arrangement in a difficult market.
Wed16Mar
The significant drop in bunker prices was said to have helped offset to a "certain extent" the negative impacts of market downturn.
Wed16Mar
The CKYHE Alliance, the Ocean Three Alliance, and the G6 Alliance will restructure as a result of recent M&A activity.
Wed16Mar
Some analysts think an oil price recovery is crucial, while others say new lows are required to end the oil glut.
Wed16Mar
"We firmly believe that current market conditions represent a unique opportunity to acquire quality tonnage," says Seanergy Maritime.
Wed16Mar
"No matter what bunker costs are now, ship owners look to the long term and always want ways to maximize fuel efficiency," says ABB.
Wed16Mar
OCM's Ethan Ram, Chief Operating Officer, talks to Ship & Bunker about the company's past, present, and future.
Know Your Counter Party: OceanConnect Marine
Tue15Mar
Analysts are anticipating another record high in crude inventories tomorrow.
Tue15Mar
The USCG had initially said they believed that the spill was caused by a hatch on the cargo vessel that was not made water tight.
Tue15Mar
Oliver Denal relocates to join KPI Bridge Oil Denmark
Tue15Mar
It is reported that the Chennai Port is currently supplying bunker fuel via a barge that is berthed at five nautical miles from the port.
Tue15Mar
The USCG says the spill was the result of a hatch on the cargo vessel that was not water tight.
Tue15Mar
SITC reported lower revenues from box rates, but the decline in bunker prices helped the company post a profit in 2015.
Tue15Mar
The company was nevertheless upbeat over its performance for the year, saying it was "the leader of the Russian bunker market."
Tue15Mar
"AIDAprima is the first ship of an entirely new AIDA product family," says Costa Group.
Tue15Mar
Hafnia Tankers has reported a significant increase in profit for 2015.
Hafnia: Best Product Tanker Spot Market Since 2009
Tue15Mar
Until then, Iran's oil minister says other countries should "leave us alone."
Tue15Mar
However, the cartel says overall demand growth for oil remains unchanged.