Archive News

May, 2016
Date	Headline	Image
Wed18May	Petronas Turns to Jotun to Help "Substantially Cut Fuel Costs" Improving hull coatings and performance is a fundamental part of the push for a more efficient and sustainable industry.
Wed18May	Low-Sulphur Non-Compliance Jumps from 1% to 5%, and 8.5% in North Sea An "initial assessment" of port inspection figures for 2015 indicates that the average compliance rate was "about 95%."
Wed18May	Finnish Bunker Fuel-Saving Firm Opens UK Office Eniram says London "is the primary hub for shipping-related services."
Wed18May	Cem Saral to Replace Karl Beeson as Group CEO of Cockett Marine Oil Beeson to step down on September 1, 2016 after eight years in the role.
Wed18May	Worsening Canadian Wildfire Causes More Shutdowns and Price Hike Deteriorating conditions in Canada help push up crude benchmarks, while Ship & Bunker's global average price indices for IFO380 all rose $2.50/mt Tuesday.
Wed18May	Forget Saudi Arabia and Iran: Nigerian Militants Biggest Upside Risk for Global Oil Prices, Says RBC Capital Markets RBC Capital Markets warns that the Niger Delta Avengers are intent on and able to shut production.
Wed18May	Think Tank Raises Concerns Over Proposed LNG Bunkering Facility The plant is largely being developed in order to supply LNG bunkers to Totem Ocean Trailer Express.
Wed18May	BIMCO: Bunker Contract Amendments Not a Foregone Conclusion Following Res Cogitans OW Bunker Test Case Outcome "The "Res Cogitans" is based upon a specific set of circumstances which we need to consider carefully," BIMCO's Grant Hunter tells Ship & Bunker.
Tue17May	Crude Benchmarks Near the $50/bbl Level Prices have regained more than 80% from the 12 year bottom experienced earlier this year.
Tue17May	Sea Trials Underway on World's First LNG-Powered Icebreaker The vessel is said to be capable of reducing both emissions and bunker costs through the use of LNG and low sulfur diesel.
Tue17May	German Vessel Operator Indicted in U.S. Over Alleged Great Lakes Pollution MST, which operates M/V Cornelia, has been charged with failing to maintain accurate ship records on the disposal of oil-contaminated waste.
Tue17May	Gazpromneft in Negotiations to Build LNG Bunkering Infrastructure for 3 Newbuild LNG Ferries The newbuild LNG-powered ferries are slated for delivery in 2018.
Tue17May	WWL in Voluntary Move to Limit At-Berth Bunkers to 0.10% Sulfur in All Global Ports "If WWL can follow a <0.1 percent sulfur limit at berth in one part of the world, we can adhere to the same in all ports," says Anna Larsson.
Tue17May	Port New York and New Jersey "Attracting Much Cleaner Vessels, and More of Them" Incentives for clean vessels reached $385,000 in 2016 Q1.
Tue17May	Brent Hits 6 Month High as Capital Economics Says Price Rally "Has Gone Too Far" Larger falls in supply and increases in demand are required for true market stability, it argues.
Tue17May	Sign of the Times for Cruise Industry as Carnival Hails its In-Port LNG Use at Hamburg Its AIDAprima vessel was bunkered with LNG at the Steinwerder cruise terminal, while AIDAsol plugged in to an LNG powered cold ironing barge.
Tue17May	MSC Fined $50,000 for Ghana Bunker Spill The fine is the result of a HFO spill at the Tema Port, which was linked to the container ship MSC Alexa.
Tue17May	Kuwait: Market Can't Take Increased Iranian Oil Production But the Islamic Republic turns a deaf ear to Kuwait's argument that the market can no longer take the strain.
Mon16May	Crude Benchmarks Leap on Supply Fears The bulls were tempered though as Genscape hinted at an inventory build last week.
Mon16May	Swedish, US Players Announce Low Sulfur Bunker Venture New rules for sulfur content in bunker fuel has prompted Preem and U.S.-based Beowulf Energy LLC to look to develop a residue hydrocracker design.

Showing 101-120 of 230 articles from May, 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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