Archive News

May, 2017
Date	Headline	Image
Fri19May	OPEC Cutback Booster Russia Calls For Smooth Exit Strategy as Saudis Say $40/bbl Oil in 2020 is OK The Saudis also claim they don't care what happens to prices in the longer term.
Fri19May	Crude Climbs Again On Yet More Speculation that Most Nations Support OPEC Cutback Extension Meanwhile, others repeat the argument that deeper cuts are required to make a positive impact.
Thu18May	Weekly Vessel Scrapping Report: 2017 Week 18 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 11 – May 17, 2017.
Thu18May	Fujairah to Add LNG Ship-to-Ship Transfers to Port Bunkering Capacity As part of the port's bunkering growth strategy, Fujairah is said to be working on enhancing its bunkering infrastructure.
Thu18May	Port of Montreal to Offer LNG Bunkering Solution to Shipowners Gaz Métro and the port authority say the new supply solution is intended to form a first step in encouraging shipowners to adopt LNG bunkers.
Thu18May	Matrix Bharat Highlights Growing Physical Operations in Mumbai MXB today announced that it has launched physical supply operations in Mumbai.
Thu18May	ABB Adds Verifavia-Certified EU MRV Module Offering The ABB module collects and visualizes data from onboard sensors on a vessel's fuel consumption and carbon dioxide emissions on a per-voyage basis.
Thu18May	Eco Marine Power to Supply Fuel Monitoring and Bunker-Saving Solar Solutions to Singapore Shipping Company EMP says it has signed a MoU with a Singapore-based shipping company to supply its Aquarius Management and Automation (MAS) + Solar solution.
Thu18May	"Your Cheatin' Heart" - Compliance Issues Cause Uncertainty About Low Sulfur Bunker Impacts Certainly the incentive to "cheat" will be large, and the very nature of the shipping business makes enforcement challenging.
Thu18May	OPEC has Achieved Market Rebalance, Says IEA, but Others Warn That A Rogue Iraq Could Reverse the Situation For the time being, crude prices continue to climb by increments.
Thu18May	Nine Month OPEC Extension At Same Cutback Rate Means Bearish Future For Oil: Analysts But others insist the extension will do some good and cause oil to surge to $60.
Thu18May	This is Why Maersk Will Not be Using Scrubbers When the 0.50% Global Sulfur Cap on Bunkers Comes Into Force in 2020 While investing in scrubbers "may look appealing at first," Maersk will be using alternative fuels come 2020, Head of Maersk Oil Trading tells Ship & Bunker.
Wed17May	Alphaliner: Container Ship Orderbook-to-Fleet Ratio Sets New Low The ratio dropped to just 14.1 percent as of May 1, 2017, beating the ratio's previous low of 14.6 percent in January 1999.
Wed17May	New "Low Sulfur Specialist" Physical Supplier Enters Houston and Galveston Market "The next few years will see massive disruption in the bunker industry," GCC's Mark VandeVoorde tells Ship & Bunker.
Wed17May	South Korean Ferry Newbuild to Receive Wärtsilä Scrubber System Wärtsilä says the order is of particular importance because it strengthens the company's visibility within the Asian market.
Wed17May	Houston-Based GCC Bunkers to Produce Post-2020 Compliant 0.50% Sulfur Bunker Fuels in Texas "A successful post-2020 supplier needs to have the right combination of technology, quality, and location," GCC co-principal John Mafrige tells Ship & Bunker.
Wed17May	Finnlines Initiates New Bunker-Saving Investment Programme Finnlines' new Energy Efficiency and Emission Reduction Investment Programme will see the company lengthen its existing Ro-Ro vessels.
Wed17May	Conrad Points to Loss on LNG Bunker Barge for Q1 Results Conrad reports a net income of $119,000 during 2017 Q1, compared to net income of $2.6 million during the same period of 2016.
Wed17May	Maersk Fluid Technology Highlights Growing Demand for Lubricant Blending-On-Board Systems MFT says such demand is confirmation of an industry need for technological solutions that enable blend fit-for-purpose lubricant compositions onboard.
Wed17May	Parker Kittiwake Releases "Definitive" Bunker and Lube Guide "The Gold Guide" is said to be a "first-of-a-kind, comprehensive resource" offering operators information on all aspects of fuel, lube, and hydraulic oil.

Showing 81-100 of 202 articles from May, 2017

Apr 30

1Peninsula Hires Bunker Trader in Houston

The new hire was previously director of marine fuel marketing at UET Marine in Houston.
May 01

2Oilmar Hires Former KPI OceanConnect Trader in Denmark

The new hire previously worked as a bunker trader for KPI OceanConnect from May 2024 to last month.
Apr 28

3Shipergy 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 30

4LNG May Be Cheapest Option for IMO 2028 Compliance: Report

The report assesses the total daily operating costs for VLSFO, LNG, methanol, biodiesel, hydrogen and ammonia, factoring in IMO penalties, fuel prices, capital expenditure and retrofit costs.
Apr 29

5US Sanctions Three Vessels Over Alleged Ties to Houthis

The ships are accused of delivering cargo to ports under the control of Yemen's Houthi movement.

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