Archive News

December, 2017
Date	Headline	Image
Tue05Dec	Questionable Statements Support Libya And UAE's Commitment to OPEC Extension Again, news agencies confuse civil unrest and annual oilfield maintenance with commitment to the deal.
Tue05Dec	Crew of Bunker Tanker Arrested Following Collision with Fishing Vessel Seven passengers were rescued after the Seonchang-1 overturned during the incident, 13 have been confirmed dead, and two other individuals are missing.
Tue05Dec	Wärtsilä and GTT Seal Agreement to Cooperate on LNG Fuel Tank and Supply Systems The agreement was signed today at the Marintec conference and exhibition in Shanghai, China.
Tue05Dec	GE and HZ Awarded ABS Approval in Principle for LNG Power Supply Vessel Design Using COGES GE and DSIC have also completed a preliminary design for the conversion of a steam turbine powered LNG Carrier to a gas turbine-based propulsion system.
Tue05Dec	World Bunker Suppliers Makes New Hire "Sachin Singh is our new bunker trader responsible for day-to-day trading for Fujairah," WBS director Nicholas Frendo tells Ship and Bunker.
Tue05Dec	Small Tanker Arrested in Singapore Ship believed to carry oil products
Tue05Dec	Sharp Fall for Pakistan Bunker Prices on Lack of Refinery Storage IFO180 prices in Pakistan are expected to fall further over the next one-to-two months, Zeeshan Arshad, Director Bunkers at local physical supplier Orion Bunkers tells Ship & Bunker.
Tue05Dec	Fear Over U.S. Taking Advantage of OPEC Extension Prompts Crude Price Dip However, predictions of a U.S. drawdown caused prices to escalate in Asian trade early Tuesday.
Mon04Dec	Compliance, Not Annual Maintenance, Emphasized as Reason for November OPEC Output Fall Meanwhile, the Saudis again express commitment for the OPEC cutback extension.
Mon04Dec	Curoil Adds Trinidad & Tobago to its Offshore Bunker Supply Locations The new supply location comes in addition to its existing operations in Curacao, Bonaire, and Aruba.
Mon04Dec	Hapag-Lloyd, Kuehne + Nagel Agree to 17% CO2 Reduction by 2020 The companies say they "want to take advantage of this unique opportunity to influence the logistics sector."
Mon04Dec	Cuxhaven to Receive Shore Power Supply System for RoRos Siemens says it has received an order from the regional grid operator to supply the key components of a Siharbor shore power supply system at the port.
Mon04Dec	Wärtsilä to Launch Bunker-Saving VER System The system eliminates the problem of volatile organic compound (VOC) emissions from tankers during laden voyages.
Mon04Dec	Port of Helsinki Introduces New Incentive to Reduce Vessel Emissions A liner traffic vessel can receive a discount of as much as 3 percent for lowered emissions, noise reduction, or investments toward environmental efficiency.
Mon04Dec	Launch Set for Upgraded Wärtsilä 20 Engine with More Power, Similar Low Bunker Consumption The engine is set to be officially launched at the Marintec conference and exhibition.
Mon04Dec	Total Inks Ten-Year Deal to Supply CMA CGM Newbuilds with LNG Bunkers The long term deal is at significant volume.
Mon04Dec	Post-2020 Bunker Price Uncertainty Preys on Shipping Industry Hedging one approach but market unknowns loom large
Mon04Dec	MPA Proposes Voluntary Bunker Consumption Data Collection Scheme To ensure smooth transition to mandatory scheme from 2019
Fri01Dec	OPEC Allies Adjust Their Opinion About When Market Rebalance Will Happen Russia says it will happen towards the end of 2018, while others warn of geopolitical risk ruining OPEC's efforts.
Fri01Dec	Oil Prices Make Delayed Surge on OPEC Deal as the U.S. Emerges as the True Beneficiary of the Extension Asia is reportedly relying on the Americans for more oil.

Showing 141-160 of 166 articles from December, 2017

May 16

1Container Lines Count the Cost of EU-ETS Compliance

The first real data are starting to emerge on the cost paid by the container industry for shipping's inclusion in the European Union's emissions trading system.
May 16

2Oilmar Bunker Sales Reach 1 Million Mt/Year

The company is targeting 30-50% growth from this level of traded volumes in 2024, and in Q1 already saw 35% growth from the same period a year earlier, an Oilmar representative tells Ship & Bunker.
May 16

3Bunker Holding Launches Carbon Insetting

The firm has completed its first blockchain-enabled carbon insetting operation in partnership with 123Carbon and Bureau Veritas.
May 16

4Banle Energy Makes First Bunker Sale in Mauritius

The firm made its first sale in Port Louis -- also its first entry into Africa -- on May 13.
May 14

5NTSB All But Rules Out Bad Bunker Fuel as Cause of Dali Collision with Baltimore Bridge

Preliminary report did not draw any final conclusions on what caused the incident, but "test results did not identify any concerns related to the quality of the fuel."

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