Archive News

July, 2017
Date	Headline	Image
Tue18Jul	IMO Rules Out Possible Delay to 2020 Date for 0.50% Global Sulfur Cap on Bunkers: IBIA A majority of IMO member states rejected a proposal to collect data to allow the IMO to take stock of bunker availability ahead of 2020.
Tue18Jul	"Summer Doldrums" Impact Crude Prices, but a Rally to $50 Still Possible: Analyst Meanwhile, many others warn that fundamentals don't support significant price increases.
Tue18Jul	Tricks of the Bunker Trade: The Buy Back This malpractice could be instigated by the corrupt crew of a vessel or even the barge who may take its chances and ask the Captain, "have you got any spare fuel onboard?"
Tue18Jul	There Are Still "Fundamental Issues" to Be Resolved Before the Industry Can Start Planning for 2020: OOCL "It is quite difficult to comment and plan ahead for something that is still unclear on the agenda," Stephen Ng, Director of Trades, tells Ship & Bunker.
Tue18Jul	Shale, Oil Sands, and OPEC Output All on the Rise Russia is one of the few nations to post a decline in production for June.
Mon17Jul	Newbuild Grounded on Durand Reef Slated for Debunkering It is reported that some 700 tonnes of fuel onboard the vessel's tanks is set too be removed.
Mon17Jul	Eco-Tonnage Helps Singapore Box Carrier APL to Further CO2 Emissions Reduction APL says its CO2 emissions reduction was "about 3%" versus 2015 and down 48% on 2009.
Mon17Jul	Steel Cutting Ceremony Held for Color Line's New Plug-In Hybrid Ferry Ulstein says the ship will be the world's largest hybrid vessel.
Mon17Jul	Hong Kong Provides Update on Marine Emission Reduction Efforts The update came in the "Clean Air Plan for Hong Kong 2013-2017 Progress Report," published by the Environment Bureau and EPD.
Mon17Jul	Peninsula Petroleum Commences Physical Supply in Barcelona "We believe that there is a significant supply gap in the market in Barcelona," says John Bassadone, CEO of Peninsula Petroleum.
Mon17Jul	OPEC Cutback Compliance at 6-Month Low, And More Woes May Be Delivered by Kuwait Predictably, Libya, Nigeria, and Iraq are among the worst offenders of the cartel's attempt to rebalance the market.
Mon17Jul	Gibraltar Shipping Interview: Paul Holthus, Founding President & CEO, World Ocean Council (WOC) The World Ocean Council is a non-profit organisation responsible for industry leadership and collaboration in ocean sustainable development, science and stewardship.
Mon17Jul	Petro Inspect Appoints Singapore-Based Director of Operations Kwok will also be overseeing operations in Hong Kong and China, Petro Inspect Owner and founder Kaivan H. Chinoy tells Ship & Bunker.
Fri14Jul	BIMCO and Shipdex Ink Agreement to Support Digitalisation of Data The agreement with Shipdex also brings BIMCO in as an executive member of Shipdex steering committee.
Fri14Jul	Western Baltija Shipbuilding Set to Recover Excise Duty on Bunkers, Court Rules The newbuild vessel is reported to have had 73,000 litres of fuel onboard upon delivery following ship testing in 2013.
Fri14Jul	Novatek Gas & Power Joins SGMF and SEA\LNG to Promote LNG Bunkers "We are ready to facilitate the LNG bunkering market and infrastructure development," said Leonid Mikhelson, Chairman of NOVATEK's Board.	$Novatek Gas & Power Joins SGMF and SEA\LNG to Promote LNG Bunkers$
Fri14Jul	Reducing Shipping's GHGs to Zero Would Only Have "Modest" Impact on Global Emissions: Kassinger "While I'm certainly in favour of the spirit of the marine effort ... it should be put in perspective," Rudy Kassinger tells Ship & Bunker.
Fri14Jul	Oil Slump Could Last Until at Least 2020 Despite Growing Demand: CEOs Meanwhile, ClipperData says the only hope for rebalance is across the board production cuts.
Thu13Jul	Oil Prices Continue to Tepidly Climb Bunker prices were firmer again in the primary ports.
Thu13Jul	Singapore Posts Record H1 Bunker Sales Despite Surprise Slump in June Sales of 500 cSt product in June represented a record high 23% of overall sales.

Showing 81-100 of 176 articles from July, 2017

Apr 28

1Shipergy 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 28

2World Kinect Sees Q1 Bunker Sales Hit Lowest Level Since 2014

Gross profit from the marine segment was $35.7 million in Q1 2025, down from $48.4 million a year earlier.
Apr 23

3IMO 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

4Victrol Adds New MFM-Equipped Barge to Boost ARA Operations

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

5Bunker 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.

Archive News

Popular Now More