Archive News

August, 2017
Date	Headline	Image
Fri04Aug	Oil Majors Making More Money at $50 Oil Than $100, and Deep-Sea Drillers Aiming to Get in on the Action BP, Royal Dutch Shell, and Transocean are among many companies that view $50 oil as the "magic" number.
Thu03Aug	Crude down Again as Analyst Declares $50 Oil to Be at High End of Range Once more, concern over rising production by OPEC and US producers is causing market losses.
Thu03Aug	Six LNG Bunker Vessels Will Be in Operation by End of 2017 "These vessels are key to scaling-up demand for LNG as a marine fuel and delivering fuel in a way that is 'normal' for shipowners," says SEA/LNG.
Thu03Aug	Weekly Vessel Scrapping Report: 2017 Week 29 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 27 – August 2, 2017.
Thu03Aug	More Bunker Vessels Approved for Mass Flow Meter Use in Singapore There are now 137 bunkering vessels with approved MFMs in Singapore, of a total 213 licensed vessels.
Thu03Aug	Spanish Port of Ferrol to Develop LNG Bunkering Facilities The move follows news that Aida Cruises' dual-fuel Aida Prima will call at the port on November 9.
Thu03Aug	TORM Adds Two More Fuel-Efficient MR Vessels: "We Believe That Asset Prices Are at a Cyclical Low" "The timing is right for growing and renewing our fleet," says Executive Director Jacob Meldgaard.
Thu03Aug	Industry Needs to Redouble Its Compliance and Enforcement Commitment: SEA\LNG "If we do not collectively commit to compliance and enforcement, then we will continue to miss a tangible and viable opportunity to eradicate harmful emissions," says SEA\LNG chairman Peter Keller.	$Industry Needs to Redouble Its Compliance and Enforcement Commitment: SEA\LNG$
Thu03Aug	2020 Regs Make LNG Bunkers "Most Effective Global Solution" for Future Vessels: Sovcomflot SCF Group has already signed an LNG bunkering agreement with Shell, the company tells Ship & Bunker.
Wed02Aug	Product Tanker Rearrested in Singapore Bravely Sincerity was formerly known as Golden Dynasty.
Wed02Aug	Crude Firms on Gasoline Demand Bunker prices were back to firming in the primary ports.
Wed02Aug	Navis Introduces New Bunker Saving Hull & Propellor Performance Tool "The effects of the condition of the ship's hull and the propeller on the bunker consumption of a ship are significant and measurable," says Navis.
Wed02Aug	IMO Gives Update on 2020, Low Carbon Shipping Plans at IBC Asia "Preparations by the bunker industry for complying with the sulphur limit was one of the key issues being discussed at the conference," says IMO.
Wed02Aug	Spill During Bunkering in Malta Initial indications are that the spill originated from feeder vessel Leonie P.
Wed02Aug	LNG-Fuelled Ship Sees 24% Bunker Cost Savings Incheon Port Authority officials last week presented information about the vessel at the Fourth Annual LNG Bunkering Conference in Singapore.
Wed02Aug	Vessels Detailed After Suspected Illegal Ship-to-Ship Transfer The alleged offence took place 6.5 nautical miles south of Labuan.
Wed02Aug	Debunkering by Helicopter of Grounded Newbuild Kea Trader Now Underway Operations began on July 27 and are expected to be completed within two weeks, according to the High Commissioner of the Republic in New Caledonia.
Tue01Aug	Crude Falls as Rising Production Numbers Put Lie to OPEC's Promise of Doubling Down on Production Cuts Rising U.S. stockpiles also cause market gloom on Tuesday.
Tue01Aug	Newbuild to Feature Exhaust Cleaning Systems and LNG Dual-Fuel Engines Wärtsilä is set to supply the exhaust cleaning systems and engines for the first German research vessel operating on LNG bunkers.
Tue01Aug	BP Sees Sub $55/bbl Oil in 2018's "New Oil Price Environment" However, others point to Venezuela as having the potential to catapult oil to $60 in the near term.

Showing 161-180 of 182 articles from August, 2017

Apr 28

1World 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

2IMO 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

3Shipergy 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

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.

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