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Oct
September, 2016
Date Headline Image
Fri02Sep
Gazprom and Mitsui to Cooperate on LNG Bunkering Studies
The companies have signed an MoU to cooperate on feasibility and marketing studies on LNG bunkering in Russia's Far East and the Asia-Pacific region.
Fri02Sep
World Fuel Services to Close Connecticut Office: Sources
WFS has not yet publicly commented on the matter, but a source has told Ship & Bunker CT staff have the opportunity to move to its New Jersey office.
Fri02Sep
Nine Percent Drop For Crude Heralds Biggest Weekly Decrease In Eight Months
Investor focus on growing U.S. stockpiles is responsible for the drop.
Fri02Sep
Saudi Wants A Freeze And Prices North Of $60, Say OPEC/Industry Sources
Higher prices would benefit the kingdom's sale of state-owned Armaco.
Fri02Sep
Lowering GHG Emissions Gives Better Than Expected Bunker Cost Savings: Study
The study found savings for a capesize were nearly $1.5 million annually.
Fri02Sep
No Longer Any Financial Benefit for TC Owners to Make Their Vessels More Fuel Efficient
"Efficient vessels do not appear to deliver significant rewards for anyone other than the fuel payer," a new study concludes.
Fri02Sep
MOL Aims to Use Artificial Intelligence to Forecast Bunker Prices
MOL has signed a contract with Yokohama National University to conduct a joint study on the analysis and use of "big data" related to ocean shipping.
Fri02Sep
C-Job Naval to Develop Cargo Ship Featuring Flettner Rotor Sails
C-Job Naval says it has been contracted by Switijnk Shipping to develop the 8,000 DWT newbuild cargo vessel.
Thu01Sep
Crude Down for 4th Day
Bunker prices were soft in the primary ports.
Thu01Sep
Weekly Vessel Scrapping Report: 2016 Week 34
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from August 25 – September 1, 2016.
 Weekly Vessel Scrapping Report: 2016 Week 34
Thu01Sep
Lanka IOC Eyes Bunkering Expansion at Trincomalee
The company is said to currently operate one bunker barge with a 400 mt capacity of 380 cSt and 400 mt capacity of MGO.
Thu01Sep
Suez Renews Discounts to Containerships Transiting the Canal
SCA says it will be extending its discounts to containerships, originally announced in June, until December 31, 2016.
Thu01Sep
Buy Your Chinese ECA Bunkers in China: INTERTANKO
"It provides better protection as the ships would have documentation to demonstrate the fuel purchased is compliant," says INTERTANKO
Thu01Sep
New Bunkering Tanker Launched for Norilsk Nickel
The 1,200 DWT vessel, which is named Vladimir Matveyev, is said to be currently en route to deployment at the port of Dudinka.
Thu01Sep
Hanjin Panamax Arrested in Singapore
The 1998-built Hanjin Rome was detained on Monday.
Thu01Sep
Saudi Arabia Sends Mixed Signals About Adding to a "Saturated" Global Market
In the same interview, the kingdom stated it won't further flood the market but will, however, meet consumer demand at any price.
Thu01Sep
On Again Off Again Iraq Is On Again For An OPEC Production Freeze
Prime Minister Haidar Al-Abadi says the drop in oil prices is causing volatility in his country.
Thu01Sep
Sixth of Eight Eco-Friendly LNG-Ready Tankers Launched for Sea-Vista
The Constitution is a 50,000 DWT LNG-conversion-ready product tanker.