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July, 2017
Date Headline Image
"Aegean has established a global platform with a reputation for high-quality customer service and I am honored to serve as President," says Mcilroy.
Jonathan Mcilroy Appointed President of Aegean
The comments come in light of a recent report published by the European Commission that examined differentiated port infrastructure charges.
BPO: Environmental Port Charging Should Remain Voluntary
Euronav has since decided to apply Hempaguard X7 to two more vessels – the VLCC Sandra and the Suezmax Maria.
Euronav Quantifies Bunker Savings with Hempel Hull Monitoring Service
The document's release marks the start of a public review and comment period that is set to last through September 18.
Ports of LA and Long Beach Release Draft of Clean Air Action Plan Update
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 13 – July 19, 2017.
Weekly Vessel Scrapping Report: 2017 Week 27
The deal aims to develop 0.50% sulfur bunker fuel for the national tanker company and the wider international market.
Iran's NITC, RIPI Sign Deal to Develop 2020 Bunker Fuel
Shell Marine says it will provide OOCL with integrated marine solutions, including lubricants and services for OOCL Hong Kong.
Shell Marine to Supply Integrated Lube Services to World's Largest Box Ship
The new brochure offers guidance on the considerations that DNV GL says should be incorporated at the newbuilding stage.
DNV GL Develops New NOx Tier III Compliance Guide
"The maritime service provider devotes itself to inquiries on bunkers and lubricants worldwide," the company said.
New Player Lloyd Bunker Starts Operations in Germany
"We believe that Gazpromneft-Lubricants will be among the Top 10 major marine lubricant suppliers and will gain at least 10% of the global market by 2025," Marine Oil Business Director Roman Miroshnichenko tells Ship & Bunker.
Know Your Counter Party: Gazpromneft-Lubricants
GIB says the move will enable its team in Dubai to benefit from Guyson's expertise within Asian ports.
Glander International Bunkering Relocates Trader from Singapore to Dubai
Once again, the $50s are regarded as a number bordering on bullish.
Russian Vow to Help OPEC Achieve Market Rebalance Comes Amid Predictions of U.S. Shale Keeping Crude Prices in the $50s
The stocks reduced despite a rise in U.S. production, according to the Energy Information Administration.
Crude up Again Amid Drop in U.S. Stocks and Indifference to Saudi Export Cut Rumours
Meanwhile, another addition to Maxum Petroleum's fleet is currently under construction - a 150,000-gallon bunkering tanker named Global Provider.
Maxum Petroleum Adds New Barge to Bunker and Lube Fleet
Texelstroom, which was delivered last year to TESO, can utilise low sulfur bio diesel, CNG, or solar energy for propulsion.
PitPoint Hails Texelstroom as First Vessel in Europe to Run on CNG
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