Archive News

June, 2016
Date	Headline	Image
Wed15Jun	DSME Slated to Build Four Fuel Efficient Tankers for Maran DSME says the two 318,000 tonne VLCCs under the order will feature the latest high efficiency engines and fuel-saving technologies.
Wed15Jun	Petronet LNG to Develop India LNG Bunkering for 2018 IWAI and Petronet LNG will work together to develop the operation of LNG barges on Ganga.
Wed15Jun	Battery-Powered Ferry "A Step into the Future," Says Turkish Shipyard While the vessels will have hybrid propulsion, with biodiesel or biogas used on one of the ships, Fjord1 it will utilise full electric operation on both ferries.
Wed15Jun	Korean Government Mulls Hanjin-HMM Merger Such a merger will be decided upon once the two struggling shipping companies' management has been normalised.
Wed15Jun	Despite Price Gains, Producers Plan For "Lower-for-Longer" Norm of $65 Oil Further consolidation characterizes what analysts call the final phase of a five-part oil cycle.
Tue14Jun	Oil Benchmarks Down as Brexit Talk Rattles Markets Bunker prices were somewhat soft in the primary ports.
Tue14Jun	North American Operator Expands Scrubber Use for ECA Compliance Interlake says the M/V James R. Barker became the first of the company's 1000-foot vessels to to be outfitted with an exhaust gas scrubber system.
Tue14Jun	Lombok, Makassar Straits Could Replace Malacca Strait as Main Sea Trading Lane, Says Indonesian Government Rizal Ramli, Coordinating Minister for Maritime Affairs and Natural Resources, wants to "lobby big players" to use the route.
Tue14Jun	NOL: Singapore Still Competitive Maritime Hub, Outgrew Need for NOL Years Ago Ng Yat Chung, CEO of Singapore's NOL, says he remains "bullish" on the future of Singapore.
Tue14Jun	Singapore Posts Highest Ever Monthly Bunker Sales After Jump in Average Stem Size An average stem size of 1,203 mt was the highest since the 1,210 mt recorded in April 2014.
Tue14Jun	Dismal Asian Data, Prudent Saudis, and the "Sultans of Swing" Will Determine Oil Prices: Analysts However, there's a growing consensus that prices have hit their peak for the time being.
Tue14Jun	Wärtsilä: Alternative Fuel Retrofits Will Be Driven by Vessel Life-Cycle Cost and Trade Area Stefan Wiik, VP of Engines at Wärtsilä Marine Solutions, when speaking on future marine fuel mix, also noted that "there is not one fuel that fits all."
Tue14Jun	GE Highlights Role of Technology in Reducing Bunker Costs The company says bunker savings and operation optimisation have been the major drivers of the adoption of digital technology for fleets.
Tue14Jun	MAN: Low Bunker Prices Mean Efficiency Gains Need to Deliver "Twice the Value for the Same Price" As a result, efficiency gains through systems, software, and engine mapping could reach 6.5% per year over the next decade, up from 0.3% per year.
Tue14Jun	OPEC Reports Strong USGC Bunker Demand, Predicts a Rebalancing of Oil Markets by Year End The cartel in fact warns of a daily supply deficit during the second half of 2016.
Mon13Jun	Crude Benchmarks Start the Week Soft China's growth may be stagnating due to industrial overcapacity and mounting debt while Britain may vote to leave the European Union.
Mon13Jun	Peru Accedes to Ballast Water Management Convention Peru brings the total number of states party treaty to 51, but the convention is still short of the required 35 percent of the world's merchant fleet tonnage.
Mon13Jun	Cockett to Suspend UK Physical Bunker Supply Operations The decision is said to be part pf an effort to reconsolidate the company's V-Marine Fuels operations in ARA.
Mon13Jun	Here Are the Results of the Singapore Bunker Trader Salary Survey 2016 In an industry as dynamic and performance driven as Bunker Trading, the salary market is in a constant state of flux.
Mon13Jun	Will China Push Oil to the $30s or Venezuela Send Prices into Orbit? Another analyst predicts a sharp decrease in prices before the end of the year.

Showing 121-140 of 231 articles from June, 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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