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July, 2017
Date Headline Image
The NextGen Link project is an initiative that includes the development of a new LNG-powered RoPax vessel and associated port infrastructure.
EU Funding Approved for NextGen Link Project
Specifically, the agreement will enable Bureau Veritas to offer Shipulse, Ascenz's solution for real time ship performance and monitoring.
Bureau Veritas and Ascenz Ink Agreement to Provide Bunker-Saving Performance and Monitoring Solutions
"While I understand the intellectual argument for BAFs, I just don't think you can sit back and rely on them as a way to pass those 2020 costs onto your customers," Inatech's Alok Sharma tells Ship & Bunker.
The Industry is Woefully Unprepared for 2020 and Just Sleepwalking into Gasoil: Inatech
Also, hedge fund bets on a declining WTI are retreating.
Rise in Crude Stockpiles Dampens Tuesday Market Gains, But Still "Bullish" Hope for $55 WTI
Meanwhile, Venezuela's PDVSA is said to be on Its last legs.
Positive Rumours of Further Saudi Export Cuts Dampened By Ecuador Ditching OPEC Deal
The newly announced vessel is scheduled for 2022, while the two previously announced ships are reported to be slated for delivery in 2021 and 2023.
Disney Cruise Line Places Order for Third LNG-Powered Vessel
An 88-tonne LNG tank was delivered to Ferguson shipyard for what CMAL says is Scotland's first LNG ferry.
CMAL Marks "Significant Milestone" in LNG-Powered Newbuild Construction
The MV Lucky Seven grounded on a sandbar at the mouth of India's River Mandovi at 9 p.m. on Saturday.
Grounded Casino Vessel Being Debunkered in India
The policy letter uses the IGF Code as a basis for enabling the installation of LNG fuel systems on U.S.-flag vessels.
USCG Updates Policy Letter on LNG Fuel System Design
The updated advisory includes background information on air emission regulations and details different types of available scrubber technologies.
ABS Updates Scrubber Advisory as 2020 Compliance Support
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.
IMO Rules Out Possible Delay to 2020 Date for 0.50% Global Sulfur Cap on Bunkers: IBIA
Meanwhile, many others warn that fundamentals don't support significant price increases.
"Summer Doldrums" Impact Crude Prices, but a Rally to $50 Still Possible: Analyst
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?"
Tricks of the Bunker Trade: The Buy Back
"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.
There Are Still "Fundamental Issues" to Be Resolved Before the Industry Can Start Planning for 2020: OOCL
Russia is one of the few nations to post a decline in production for June.
Shale, Oil Sands, and OPEC Output All on the Rise
It is reported that some 700 tonnes of fuel onboard the vessel's tanks is set too be removed.
Newbuild Grounded on Durand Reef Slated for Debunkering
APL says its CO2 emissions reduction was "about 3%" versus 2015 and down 48% on 2009.
Eco-Tonnage Helps Singapore Box Carrier APL to Further CO2 Emissions Reduction
Ulstein says the ship will be the world's largest hybrid vessel.
Steel Cutting Ceremony Held for Color Line's New Plug-In Hybrid Ferry
The update came in the "Clean Air Plan for Hong Kong 2013-2017 Progress Report," published by the Environment Bureau and EPD.
Hong Kong Provides Update on Marine Emission Reduction Efforts
"We believe that there is a significant supply gap in the market in Barcelona," says John Bassadone, CEO of Peninsula Petroleum.
Peninsula Petroleum Commences Physical Supply in Barcelona