Archive News

July, 2017
Date	Headline	Image
Mon31Jul	July Ends With Another Uptick in Oil Prices Bunker prices were firmer in the primary ports.
Mon31Jul	Aegean Announces Date for 2Q 2017 Financials & Earnings Call The results and subsequent earnings call will be the first since a number of high level changes for the supplier, including the appointment of a new President.
Mon31Jul	ACP Highlights Expanded Panama Canal's Fuel, Emission, and Cost Savings "From June 2016-2017, more than 1,500 Neopanamax vessels transited the Expanded Canal," says the Canal's Environmental Protection Specialist Alexis Rodriguez.
Mon31Jul	Panama H1 Bunker Sales Rise Over 23% Sales for all products during the six months to June totalled 2,416,092 metric tonnes.
Mon31Jul	FOBAS Alert: Off-Specification Sulphur Results for ECA Fuels at Antwerp Any ships receiving fuels that are confirmed noncompliant fuels should immediately issue a letter of protest to the relevant fuel supplier, flag administration and port authority.
Mon31Jul	Gulf Petrochem Group Inks US$150m Financing Deal "In an environment of continued low global oil prices, the financing will be used to support the group's activities around the world," says GP.
Fri28Jul	Friday Crude Gains Make Oil's Best Week of 2017 - But Market Remains Range Bound Analysts say the good news must extend beyond U.S. activity before a true recovery can be declared.
Fri28Jul	OPEC Meeting to Discuss Oil Cutback Failures Comes As Worries Grow Over Venezuela's Potential Collapse However, calamity in the Republic may be good news for the crude market.
Fri28Jul	d'Amico Set to Sell Three More Vessels Amid Difficult Freight Market DIS reports a net result of -$6.2 million for the H1 2017 period, compared to $13.6 million during the same period of 2016.
Fri28Jul	World Fuel Services Bunker Sales Dip Again on Reduced Asia Activity The 6.8 million mt sold in 2Q 2017 matched 1Q sales, but were down around 18% compared to the period last year.
Fri28Jul	PoLB and Port of L.A. Request Proposals for Zero-Emissions Technology PoLB, in partnership with the Port of L.A., is seeking demonstrations of technologies to upgrade harbour craft to cleaner engines.
Fri28Jul	Gazpromneft–Lubricants Sees 7.5% YoY Increase in Marine Lube Sales During 2017 H1 Gazpromneft–Lubricants says 2017 is seeing a growing demand for lubricants for marine engines operating on low sulfur and "environmentally friendly" fuel.
Fri28Jul	Oil Prices: Forget Lower for Longer, Shell Says Get Set for "Lower Forever" The oil giant believes peak demand for crude will occur by the late 2020s.
Fri28Jul	More Crude Increases Cause Analysts to Declare that a Rebalance is Nigh However, recent events cast doubt on whether healthier demand/supply is truly in the offing.
Thu27Jul	Weekly Vessel Scrapping Report: 2017 Week 28 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 20 – July 26, 2017.
Thu27Jul	MISC Takes Delivery of Third Vessel in of Series of Three Fuel-Efficient Newbuilds The LNG carrier was designed to minimise hull resistance, increase propulsion efficiency, reduce power requirements, and reduce CO2 emissions.
Thu27Jul	Finnlines Highlights Bunker-Saving Initiatives Alongside "Best First Half Year Result" Finnlines says it also marked its "best second quarter ever" with results amounting to €24.2 million.
Thu27Jul	IMO Failed to Impress with Progress Toward GHG Emission Reduction at MEPC 71, Says T&E "Disagreement over how to distribute efforts and the potential costs of measures remain the biggest obstacle to progress," said T&E's Bill Hemmings.
Thu27Jul	UK's Port of Southampton Implements Air Quality Monitoring The development comes after a lack of shore power solutions for vessels calling at Southampton came under public spotlight earlier this year.
Thu27Jul	Teekay Offshore Orders LNG-Powered, Bunker-Saving Newbuilds The contracts signed with Samsung Heavy Industries include the construction of two Suezmax DP2 shuttle tankers, with the option for up to two more vessels.

Showing 1-20 of 176 articles from July, 2017

Apr 23

1IMO 2028: How Much Biofuel Will Be Needed to Avoid Penalties?

Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028.
Apr 28

2Victrol Adds New MFM-Equipped Barge to Boost ARA Operations

The tanker barge has a carrying capacity of 6,400 mt.
Apr 25

3Bunker Prices Forecast to be Under $500/mt throughout 2026

Ship & Bunker's latest global average bunker price forecast shows a signifcant drop in expected average prices compared to just 3 months ago.
Apr 24

4South Korea Encourages Shift to Mass Flow Meters for Bunker Measurement

Suppliers in South Korea are already shifting to the use of MFMs, and barge fees are likely to rise in the country as a result, a local source tells Ship & Bunker.
Apr 24

5FincoEnergies Expands Maritime Reach with Stake in Dutch Bunker Firm

FincoEnergies has partially acquired the business operations of bunker supplier Oliehandel Klaas de Boer.

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