Archive News

September, 2016
Date	Headline	Image
Wed28Sep	OPEC Agrees to Cut Oil Production, but Some Members Will Still Produce "at Maximum Levels that Make Sense" "This was unexpected for sure ... no one that I know of saw it coming," says energy broker and commodities specialist for ICAP.
Wed28Sep	Eniram Launches New Fleet Performance Monitoring Service SkyLight is said to offer a "vastly improved" and more accurate solution compared to manual performance reporting with AIS.
Wed28Sep	San Francisco Bunker Market Could See Tighter Avails on Refinery Outage, Say Sources Sources add the outage, which began Tuesday, has been estimated to last 45 days.
Wed28Sep	Bunkering at Mumbai Outer Port Limits to Resume at End October, Beginning of November A Mumbai Port Trust official says OPL bunkering at the port is expected to resume and continue through to the middle of May 2017.
Wed28Sep	Cockett Group Announces Series of New Hires for Commercial Team The hires, said to be part of an effort to optimise the company's commerical teams, include the introduction of a new supply manager in Singapore.
Wed28Sep	Iran And Saudis: No Freeze Deal In Algeria, Here's Hoping For Better Luck in Vienna Algeria is now viewed as a `prep' for the formal OPEC summit in November.
Wed28Sep	Goldman Sachs Slashes Q4 Oil Price Forecast From $50 To $43/bbl The bank expects a global surplus of 400,000 bpd in Q4 instead of its previous forecast of 300,000 bpd.
Wed28Sep	Bunker Tanker Collides with Bridge Construction in South Korea The vessel is reported to have been heading to Gunsang from Yeosu with a cargo of bunker fuel before a blackout led to the collision.
Wed28Sep	Canada's First Dual Fuel Combo-Carrier Delivered to Great Lakes Operator Groupe Desgagnés has taken delivery of the LNG-powered asphalt-bitumen-chemical tanker Damia Desgagnés.
Wed28Sep	Maersk Line Signs CO2 Reduction Agreement with Agility The agreement is said to be part of Maersk's Carbon Pact Challenge.
Tue27Sep	Crude Prices Fall Back on OPEC Freeze Comments Bunkers prices were softening in the primary ports.
Tue27Sep	Kirby Agrees to Pay $4.9 Million for 2014 Houston Ship Channel Spill In addition to the company's payment of penalties, Kirby has committed to improving the operations of its entire fleet.
Tue27Sep	Brightoil Sees 26% Growth in Annual Bunker Volumes "Despite the adverse market environment, international trading and bunkering business of the Group maintained steady growth," said Brightoil.
Tue27Sep	Kosan Crisplant Details Cooperation on LNG Bunkering Equipment with Korea LNG Solution The agreement is said to support the development of small-scale LNG as bunker fuel for ships operating in South Korea.
Tue27Sep	ESL Orders "Extremely" Energy Efficient LNG-Powered Bulk Carriers ESL says the two ice-class 1A ships will be the first LNG-powered large bulk carriers in the world.
Tue27Sep	Jefferies: Maersk Line Buying Both Hanjn and HMM a "Likely Scenario" Jefferies' analyst David Kerstens says Maersk Line will "definitely" participate in the consolidation of the container markets, but options are "fairly limited."
Tue27Sep	Goldman Says Oil Glut Will Persist Regardless of Freeze Talks Outcome Meanwhile the bear market continues to grow.
Tue27Sep	New Knutsen LNG Tanker Capable of Delivering $1 Million Annual Bunker Savings: HHI La Mancha Knutsen is a 176,000 cbm MEGI-powered LNG carrier.
Tue27Sep	Spill Risk Ruled Out Following Fire on Pemex Oil Tanker: Officials The tanker, known as Burgos, was carrying 167 barrels of diesel and gasoline products when an explosion occurred onboard on Saturday.
Tue27Sep	Russia To Boost Crude Output In 2017, Says Freeze Deal "Impossible to Agree" Russia's output from hard-to-recover areas will also increase substantially next year.

Showing 21-40 of 238 articles from September, 2016

May 22

1World Fuel Services Middle East Supply Manager Steps Down

The outgoing manager has worked for the company since June 2014.
May 23

2Burando Energies Hires Senior Bunker Trader in Houston

The new hire previously worked for Dan-Bunkering in its Houston office since 2018.
May 22

3GCMD Sees Evidence of Widespread Biofuel Mislabelling

About a third of biofuel samples collected by the GCMD appear to have been mislabelled.
May 23

4B24 Still Dominates Asian Biofuel Market as B30 Faces Supplier Pushback

Some suppliers remain cautious about switching to B30 due to concerns over fuel stability, performance, and specification guarantees, sources tell Ship & Bunker.
May 21

5Oilmar DMCC Opens Danish Branch Office

The firm's new Danish branch is based in Tuborg Havn.

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