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November, 2017
Date Headline Image
RJO Futures, on the other hand, sees oil range bound at $50-$55.
Petrobras CEO Forecasts $55-$65/bbl Oil And Says Brazil Could Be On The "Winner's Side" Of A Tough Market
"Whether more terminals will jump on this bandwagon in allowing more tankers to bunker at terminals, only time will tell," Sean Warr, Bunker procurement, BW Group, tells Ship & Bunker.
Singapore's New Concurrent Bunkering Service Saving Tankers Time and Money: BW Group
Russia is also sending mixed signals about its commitment to the deal.
Lack of Clear Plan For Oil Deal Extension Turns Talk of Consensus to Uncertainty
Some industry participants believe that, like the recent two-year extension for compliance with the Ballast Water Management Convention, a delay to IMO 2020 is possible.
There Will Be No Delay to January 1, 2020 Start Date for New 0.50% Global Sulfur Cap: IMO
But in the case of a shortage, an oil price spike over $100/B would not be surprising, Paul Kuklinski, Boston Energy Research, writes for Ship & Bunker.
November In-Depth Oil Price Outlook: Beware the Dip, Oil Prices Could Go Lower Without an Actual Geopolitical Disruption
But Aegean says it has now achieved annualized cost savings of $24 million, exceeding its previously stated goal of $20 million.
Aegean Posts Q3 Loss of $3.8 Million as Marine Fuel Sector Remains "Under Great Pressure with Intense Competition"
The 2,000 tonne ship, which is a zero-emission vessel in itself, is set to transport coal for the generation of electric power.
Vessel Hailed as World's First Battery-Powered, Fully Electric Cargo Ship Launched in China
ABB says electric propulsion is set to become an imperative for the maritime industry rather than an alternative.
ABB Looks to Digital Integration to Optimise Bunker-Saving Vessel and Fleet Management
CPC's bunker barge is in maintenance.
Stem Limits in Place at Taiwan's Port Suao
LNG-fuelled box ships cost extra to build, says Wartsila executive
LNG Bunker Fuel to Get Boost from CMA CGM Move
"The challenge today is no longer a lack of information but rather sorting the signal from the noise," Oil Front's Danny Soos writes for Ship & Bunker.
What Is the Role of the Bunker Broker in the Internet Age?
The IEA believes the U.S. will achieve world dominance by 2025.
US Shale Predicted to Be Global Crude Production Leader as OPEC Ups Oil Cutback Rhetoric
Crude today dropped on news that the market balance in 2018 won't be as tight as widely predicted.
Saudi/Iran Conflict Causes Speculation of $200 Oil But Fails to Offset Effect of IEA Demand Forecast Downgrade
Dr. Uwe Lauber, CEO of MAN Diesel & Turbo, made the comments alongside the Ambition 1.5°C event at the UN COP23 meeting in Bonn.
Decarbonisation Talks an Opportunity to Accelerate "Maritime Energy Transition," Says MAN CEO
The vessel features a new generation propeller tunnel that is said to significantly reduce propeller draft.
New Ferry Design Demonstrates 6% Fuel Savings
Led by the University of Turku, the project is slated to run for three years.
Finnish University Receives EU Funding for Project on Digital Maritime Eco-Efficiency Solutions in the Baltic Sea Region
Crystal Blue features its own support vessel, Blue Shadow, which can operate as a dedicated LNG bunker barge.
Rolls-Royce Unveils Novel Personal LNG Bunkering Solution for New Hybrid Yacht Concept
The 12X92DF engines will be rated 63,840 kW at 80 rpm, which WinGD says makes them the most powerful gas and dual-fuel engines ever built.
WinGD X-DF Engines to Power CMA CGM's LNG-Fuelled 22,000 TEU Box Ships
Astomos is looking as LPG as a possible compliance solution for the coming global 0.50 percent sulfur cap on marine fuels.
Astomos and KPC to Ink MOU for LPG Bunkering Study
Bunker prices were stable in the primary ports.
Oil Benchmarks Start the Week Mixed