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Aug
July, 2014
Date Headline Image
Wed16Jul
WTI Heads Skyward as US Crude Supplies Plummet
The market was not as bullish on Brent as investors remain weary of the increase in supplies coming out of Libya.
Wed16Jul
Brightoil Founder Sit Kwong Lam Steps Down as CEO
Yung Pack Keung Bruce replaces Sit Kwong Lam in the leadership role, effective today.
Wed16Jul
Court Ruling Sees Bunker Supplier Force Tanker Company into Restructuring
Nanjing Tanker was said to have been unable to pay RMB19.45 million ($3.13 million) in bunkering fees.
Wed16Jul
U.S. Navy: Biofuel Costs Comparable to Conventional Fuels
Official estimate for the drop-in marine and aircraft fuels is "under $3.50 a gallon."
Wed16Jul
ExxonMobil Antwerp Refinery Upgrade Will Make More Low-Sulfur Fuel
Analyst says the move will also strengthen the competitive position of Exxon's other refineries in Europe.
Wed16Jul
Award for Modular LNG Bunkering System
KAMINCO USA received the NAFS award for the scalable "cryobox" system.
Wed16Jul
New Bunkering Rules in Russian Far East Port
Vessels making regular calls to Zarubino Seaport no longer need to receive individual permissions.
Wed16Jul
EU Pays €2.3M Toward Scandlines Eco-Upgrades
The funds will support hybrid diesel-battery propulsion and scrubber systems.
Tue15Jul
Brent Down 7% Since the Start of July
Bunker buyers have started to see the number "5" in front of many quotations around the world and can expect it to stay that way, near term.
Tue15Jul
Biofuel Growth Predicted in U.S. Marine Market
New biorefinery construction will produce $7.8 billion over 10 years in the nation, report says.
Tue15Jul
Bunker Testing Agency DNVPS Unveils New Name, New Branding
DNVPS rebrands as Veritas Petroleum Services after leaving DNV last year.
Tue15Jul
Evergreen: Fuel Savings Keeping Costs Down
Despite fleet growth, the company said it has kept bunker consumption to last year's level.
Tue15Jul
July 4 Bunker Pirate Attack: 2.5M Litres of MGO Stolen off Malaysian Coast
New information on the incident also suggests the discharge of weapons during the incident.
Tue15Jul
Chevron Expects Earnings Rise in Q2
The company increased its production levels in the U.S. but reduced them elsewhere.
Tue15Jul
Euroservices Terminal at Zeebrugge Now Offering LNG Bunkering
GDF SUEZ provided LNG cargoes and fuel to a multi-purpose LNG carrier from Anthony Veder.
Tue15Jul
WFS to Buy Aviation Fuel Firm
The company said the $63 million deal will help the growth of its aviation segment.
Mon14Jul
Crude Prices Start the Week Flat
A correction is looming and we urge bunker buyers to make their purchases before it takes place!
Mon14Jul
CEO Tom Reilly Leaves Chemoil
His departure was effective June 30, 2014, the marine fuel supplier has confirmed to Ship & Bunker.
Mon14Jul
Inatech Interview: Better Bunker Buying Practices Can Save 2-5% Per Year
"Sophisticated buyers that can use their systems can get better deals," Inatech's Head of Marine, Capt. Alok RC Sharma tells Ship & Bunker.
Mon14Jul
Auto-Mooring System Could Mean Quicker Bunkering
The Docklock system was developed by Mampaey Offshore Industries for VT Group.