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Apr
March, 2017
Date Headline Image
Tue28Mar
OPEC Statement on Cutback Extension Frustrates Analysts, Causes Further Market Declines
More price drops are anticipated by experts.
Tue28Mar
Kuwait Suggests OPEC Can Handle Extra U.S. Oil Output as Keystone Approval is Granted
Kuwait's oil minister also says the benefit of the initial OPEC cutbacks will be felt soon.
Mon27Mar
Oil Prices Head Lower
Bunker prices were softer in the primary ports.
Mon27Mar
WWL Calls for "Level Playing Field" from Shipping CO2 Regs
The company says reducing fuel consumed per unit transported is the "most efficient contribution to reduce CO2 emissions."
Mon27Mar
Quadrise Marks Move to 24-Hour Per Day Production of MSAR Emulsion Bunkers
The announcement came as part of the company's interim financial results for the six month period ending December 31, 2016
Mon27Mar
Former OW Bunker CEO Jim Pedersen Dies Age 57
Pedersen is understood to have been battling a long illness.
Mon27Mar
Arkas Bunkering Expands Operations with Growing Fleet
Turkey's Arkas Bunkering has announced that it has added two bunkering tankers to its fleet, M/T Alacati and M/T Bayrakli.
Mon27Mar
Non-OPEC Cutback Participant Russia Sees Oil at $40/bbl Heading into 2018
But an extension of the output reduction deal may still be part of the country's plans.
Mon27Mar
Community Group Pushes for Sydney Emission Regs to Be Extended to Port of Eden
NSW EPA has said further consultation with the communities of regional ports will be required before an extension of low sulfur fuel requirements can be considered.
Mon27Mar
Hull Performance & Insight Conference to Focus on New ISO 19030 Standard
Jotun and DNV GL are hosting the second HullPIC at Germany's Castle Ulrichshusen, from March 27 to 29, 2017.
Mon27Mar
Rotterdam Investigates Bio LNG, Which Compared to Regular LNG "Allows Users to Drastically Reduce CO2 Emission Levels"
"The emitted CO2 is part of a so-called short cycle: CO2 emissions are actually neutralised by the associated CO2 uptake," says the Port Authority.
Fri24Mar
OPEC Cutback Extension Deal or Not, Market is in "Technical Breakdown" and Oil Will Trade at $40 Next Month: Analyst
IITrader also suggests the glut will continue to build for the foreseeable future.
Fri24Mar
Jamaican Bunker Player Partners with "Massive Global Company"
The partnership is said to be intended to support West Indies Petroleum's efforts in expanding its bunker business in the Caribbean and Central America region.
Fri24Mar
Capital Ship Management Marks First MRV Accredited Vessel
M/T Alkiviadis was accredited by LRQA on March 7, 2017.
Fri24Mar
ClassNK Grants First Exhaust Gas Cleaning System Ready Notation
ClassNK issued the EGCSR-F notation to nine MOL ships.
Fri24Mar
Hong Kong-Based Cosco Shipping Cites Bunker Sales for 2016 Revenue Boost
Cosco reports a 24 percent year on year increase in revenue.
Fri24Mar
Analysts Now Cite OPEC Cutback Extension as Necessary to Prevent Oil's Slide into the $30s
A Sunday meeting between OPEC and some non-members may shed light on what the cartel will do next.
Fri24Mar
Saudis Insist Exports, Not Production, is Key to Market Rebalance
The kingdom is also soft-pedaling Russia's slow rate of compliance in order not to further scare the market.
Fri24Mar
Houlder Announces New "Jettyless" LNG Ship to Shore Bunkering Solution
Houlder developed the new small to mid-scale LNG distribution infrastructure with Wärtsilä and Trelleborg.
Fri24Mar
BCL Orders Fuel-Efficient, LNG-Ready Newbuild
In addition to being made ready for conversion to LNG-propulsion, the vessel will be equipped with fuel-efficient main and auxiliary engines.