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Jun
May, 2017
Date Headline Image
Wed24May
Trump Reserve Selloff Proposal Raises Security Concerns but Backed by Analysts Who Forecast Oil Demand Plummeting
Others note that selling oil bought for just over $29 per barrel at today's prices is a wise business move.
 Trump Reserve Selloff Proposal Raises Security Concerns but Backed by Analysts Who Forecast Oil Demand Plummeting
Tue23May
Aegean Q1 Revenue Doubles as Bunker Sales Volume Rises 5.6%
"Our results in the quarter were impacted by increased competition across operations and continued challenging market dynamics," says Aegean's President.
 Aegean Q1 Revenue Doubles as Bunker Sales Volume Rises 5.6%
Tue23May
World Fuel Services to Highlight Marine Fuel Issues at Nor-Shipping
Topics include MFMs in Singapore, 2020 global regulations, fuel and lube choices, and working with a strong counterparty within the marine environment.
 World Fuel Services to Highlight Marine Fuel Issues at Nor-Shipping
Tue23May
Update: Newly Christened Ferry Hailed as "One of the Cleanest Operating in American Waters"
The vessel, known as Lunch Box, is powered by two EPA Tier III certified Baudouin 6M26.3 main engines.
 Update: Newly Christened Ferry Hailed as "One of the Cleanest Operating in American Waters"
Tue23May
Naming Ceremony Marks First European-Built LNG Bunker and Distribution Vessel
The naming ceremony was held Monday for the 5,800 cbm Coralius.
 Naming Ceremony Marks First European-Built LNG Bunker and Distribution Vessel
Tue23May
Increased Iranian Output Capability and Venezuelan Woes Could Obliterate or Aid Saudi Claim of Market Rebalance
Saudi's energy minister once again boosts the efficacy of the OPEC cuts prior to Vienna.
 Increased Iranian Output Capability and Venezuelan Woes Could Obliterate or Aid Saudi Claim of Market Rebalance
Tue23May
Oil Prices Rise as Talk of Longer, Deeper Cutback Consensus Grows
But at least one observer thinks Iraq could make an output cut extension difficult.
 Oil Prices Rise as Talk of Longer, Deeper Cutback Consensus Grows
Mon22May
Latest Arbitration Over Fuel Consumption Dispute Finds in Favour of MAN Refund to IM Skaugen
The tribunal found that MAN should pay a total of approximately €5.3 million, as well as around €1.4 million for IMS' legal and other costs.
 Latest Arbitration Over Fuel Consumption Dispute Finds in Favour of MAN Refund to IM Skaugen
Mon22May
Europort 2017 to Feature Masterclass on EU MRV and Vessel Efficiency
The masterclass is part of a series at Europort 2017 that is intended to enable knowledge and experience sharing on key topics facing the shipping industry.
 Europort 2017 to Feature Masterclass on EU MRV and Vessel Efficiency
Mon22May
Poseidon Med II Project Sees LNG Bunkering Discussion in Patras
LNG as an eco-friendly fuel in Patras is said to have been the focus of discussion during an event held at the Greek port city on Friday.
 Poseidon Med II Project Sees LNG Bunkering Discussion in Patras
Mon22May
Gazpromneft-Lubricants Opens New Office in Vladivostok
Gazpromneft-Lubricants says the new office enables the company to better work with its partners in Russia's Far East region.
 Gazpromneft-Lubricants Opens New Office in Vladivostok
Mon22May
ITIC and ASG Announce New Wording for Surveyors' Indemnity
The wording relates to waivers and indemnity that surveyors must sign before given approval to board a vessel.
 ITIC and ASG Announce New Wording for Surveyors' Indemnity
Mon22May
SHI Takes Order for LNG Bunkering Vessel
The vessel is one of two 7,500 cbm LNG carriers being built for KOGAS as part of a new $100 million order.
 SHI Takes Order for LNG Bunkering Vessel
Mon22May
Monjasa: We Have Adjusted to the New Normal in Global Shipping
Monjasa positive on 2017 after a "very unsatisfying" 2016 result.
 Monjasa: We Have Adjusted to the New Normal in Global Shipping
Mon22May
Oil Storage Remains Full, Cutback Extension Won't Clear it Or Raise Prices: Analyst
Traders think the prospect of OPEC deepening its cuts is unlikely.
 Oil Storage Remains Full, Cutback Extension Won't Clear it Or Raise Prices: Analyst
Fri19May
Prospect of Extended OPEC Cuts Causes US Crude To Hit 4-Week High
But the all-important prospect of OPEC deepening its cuts remains unclear.
 Prospect of Extended OPEC Cuts Causes US Crude To Hit 4-Week High
Fri19May
Interim LONO on MSAR Emulsion Bunker Expected by Month's End, Says Quadrise
Quadrise says it has been informed by Maersk that Wärtsilä expects to deliver the Interim Letter of No Objection by the end of May 2017.
 Interim LONO on MSAR Emulsion Bunker Expected by Month's End, Says Quadrise
Fri19May
Fuel Quality Alert for Greek Ports
Over the last two months LR FOBAS has seen an unusual number of off-specification fuels from Greece relating to the Total Sediment Potential of residual fuels.
 Fuel Quality Alert for Greek Ports
Fri19May
Efficient and "Environmentally Friendly" Ferry Put into Service by ECA Operator
Hydrus is the first in a series of four 400 passenger catamaran ferries being built for San Francisco-based WETA.
 Efficient and "Environmentally Friendly" Ferry Put into Service by ECA Operator
Fri19May
LiqTech Receives New Order for Scrubber Waste Water Treatment System
LiqTech says the new order for its waste water treatment system, which will be used with marine scrubbers, is valued at $399,000.
 LiqTech Receives New Order for Scrubber Waste Water Treatment System