Archive News

July, 2015
Date	Headline	Image
Fri31Jul	SK Energy Starts ULSFO Supply in Singapore The product is said to be fully compliant with, and compatible with all other, ISO8217 RME180 specification fuels.
Fri31Jul	Singapore's NOL Posts $3 million Profit for Q2 2015 Outside of APL Logistics Sale NOL reports its first positive result for the first time in six quarters.
Fri31Jul	Estimated Impact of Suez Canal Expansion Questioned Analysis questions if new canal better accommodates rise in traffic since 2011 and whether fee changes would be a more effective way to boost users.
Fri31Jul	Hong Kong Dry Bulk Operator Pacific Basin Reports $5.8 million Net Profit However, its core dry bulk business generates a net loss of $15.4 million.
Fri31Jul	Saudi Arabia to Cut Oil Production Production is expected to drop to 10.3 million barrels per day following the summer months.
Fri31Jul	Dry Bulk May Be Seeing First Signs of Recovery The Baltic Dry Index climbed above 1100 points this month.
Thu30Jul	Crude Futures Soften on Firming U.S Dollar Brent fell $0.15 cents settling at $53.31 per barrel while WTI contracts for September fell $0.27 cents settling at $48.52 per barrel.
Thu30Jul	Iran Likely to Face Hurdles Selling Condensate to China A major Chinese importer is experiencing an outage, while weak refining margins have depressed demand.
Thu30Jul	Iran Officials Seek to Dispel Rumours of Crude Floating Storage But industry speculation remains wary, with some traders suggesting that Iran is avoiding disclosing its crude in storage to avoid a price plunge.
Thu30Jul	Weekly Vessel Scrapping Report: 2015 Week 30 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from July 23 - 29, 2015.
Thu30Jul	Russia Fuel Oil Output Falls 3.9% in June Several refineries have been undergoing changes to capacity or saw stoppages in June.
Thu30Jul	U.S. Firms Aiming For Hydrogen Fuel Cell Ferry and World's Largest Refueling Station The high speed passenger ferry and refuelling station is proposed for San Francisco.
Thu30Jul	Scorpio Tankers Closes Q2 with $96.8 Million Net Income Company says a flourishing tanker market is responsible for its success in the first half of 2015.
Thu30Jul	Panama Canal Expansion Over 90% Complete After seven years of construction, Panama Canal authorities says the canal's expansion project is now 91 percent complete.
Thu30Jul	New Suez Canal Complete, Revenues Expected to Triple by 2023 Egypt says it has finished work on the new Suez Canal, reducing navigation time for ships from approximately 22 hours to 11 hours.
Thu30Jul	Report Suggests Singapore's Container Port Lags Behind Malaysia and China in Productivity However maritime analysts reportedly argue that the newly presented efficiency data may not represent the whole picture.
Thu30Jul	Second Singapore Vessel Arrest This Month Welfine was arrested on July 23, 2015 following action by local law firm Rajah & Tann Singapore LLP.
Wed29Jul	Crude Prices Edge Upwards The overall consensus in the market was that there would be a significant draw in U.S inventories but not at the level we witnessed today.
Wed29Jul	Cargo Ship Flees After Arrest Warrant Issued Over Unpaid Bunkers Turkish general cargo ship, Feyza Genç, fled Malta after a local court issued an arrest warrant on Friday for €45,818 in unpaid bunker bills.
Wed29Jul	Costa Cruises to Get 2 Newbuild LNG Cruise Ships Carnival's Italian line, Costa Cruises, will receive two of the four "next-generation" LNG-powered cruise ships that were announced in June.

Showing 1-20 of 221 articles from July, 2015

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 09

2Greek Supplier Coral Marine Introduces ULSFO for Med Sulfur Compliance

The move comes as shipping firms adjust to the new 0.1% sulfur limit now enforced across the Mediterranean Sea.
Jun 04

3Singapore 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

4BlackCoral 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

5MAN Energy Solutions Rebrands as 'Everllence'

CEO Uwe Lauber revealed the new brand name at the company's Augsburg headquarters on Wednesday.

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