Archive News

January, 2016
Date	Headline	Image
Fri29Jan	Dry Bulk Ends the Week Falling Further to 317 The sector's key index has yet to make a single gain this year.
Fri29Jan	Saudi Arabia Denies a Proposed 5% Production Cut With Russia; No OPEC Meeting Planned Four unnamed OPEC delegates say Russia's overture to the cartel is news to them.
Fri29Jan	Shell Announces Shareholder Approval for BG Acquisition The deal, worth a reported $52 Billion, is expected to create the world's biggest trader of LNG.
Fri29Jan	Singapore's Mercator Lines Sells 5 Bulkers The vessel sales are expected to generate $32,262,500 in net proceeds, all of which will go toward paying down the company's outstanding debt.
Fri29Jan	Weak Rates Prompt Panamax Owners to Commence Scrapping Earlier Than Planned One expert thinks all Panamax vessels built on or before 2005 will be scrapped "sooner rather than later."
Thu28Jan	Crude Futures Continue to Climb, but Fundamentals are Still Bearish It shouldn't be surprising if crude futures sank back under $30.00 a barrel.
Thu28Jan	Baltic Dry Index Falls to 325, 1,430 Vessels Need to be Laid Up to Restore Balance, Says Analyst Again, average spot TC rates were down across the board, with capesize falling back under the $3,000 per day mark once more.
Thu28Jan	Weekly Vessel Scrapping Report: 2016 Week 4 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from January 21 - January 27, 2016.
Thu28Jan	Neste, AS Tallink Grupp Renew Low Sulfur Bunker Supply Deal Delivery of new low-sulphur fuel strengthening strategic partnership between Neste and AS Tallink Grupp.
Thu28Jan	Press Release: KPI Bridge Oil Group Launches Brand Refresh Campaign "We are responsive maritime partners," is the company's new tagline.
Thu28Jan	Iran Will Win Back its Share of OPEC Production "At All Costs" The Islamic Republic says it is well-primed to export at a profit despite rock bottom prices.
Thu28Jan	Russia Resolves to Talk with Saudi Arabia About OPEC Oil Output Russia's willingness to negotiate is despite a stated difficulty in achieving output cuts.
Thu28Jan	Mercatus Energy Advisors Open Denmark Office, Announce New VP for EMEA Former OW Bunker risk advisor, Morten Elgkjaer has been named Vice President of Mercatus Energy Advisors - EMEA, based out of Copenhagen.
Thu28Jan	Eco Marine Power Signs Sales and Support Agreement with Canada's Jastram Technologies The agreement is said to facilitate EMP sales, marketing, and technical support in the Canadian shipping and offshore sector.
Thu28Jan	Singapore: MPA Awards First LNG Bunkering Licences "This is the first step in Singapore's efforts to become LNG bunker ready," says MPA chief executive Mr. Andrew Tan.
Wed27Jan	Crude Futures Continue to Make Gains Front month contracts for March delivery have gained back nearly 20% of their losses since last week.
Wed27Jan	TOTE Receives 2nd LNG-Powered Container Ship Ahead of Schedule The LNG fuelled Perla Del Caribe joins its sister ship, the Isla Bella, in being delivered two months ahead of schedule.
Wed27Jan	Dry Bulk Descent Deep into Record Lows Continues: Baltic Dry Index Hits 337, but JP Morgan Sees Better Times Ahead? The investment bankers have given upgrades to three listed dry bulk companies.
Wed27Jan	Wärtsilä, Cavotec to Develop First Wireless Marine Charging System The system aims to eliminate both mooring lines and charging cables.
Wed27Jan	SENER Designs New LNG Bunkering Vessel The 8000 m3 capacity LNG-propelled vessel is said to have been designed for navigation, maneuverability, and operation in rough conditions.

Showing 1-20 of 197 articles from January, 2016

Jun 05

1INSIGHT: Not All Biofuel Bunkers Are Equal - Navigating Carbon Intensity, Compliance, and Cost

Marex's Bastien Declercq discusses how biofuel markets are likely to react to the IMO's new GHG regulation.
Jun 04

2Singapore Bunker Supplier Hai Yin Marine to Lose Licence This Month

The MPA has not directly given a reason for declining to renew the licence.
Jun 02

3BlackCoral Energy and Biofuel Express Join Forces on Marine Biofuel Supply

The new joint venture will initially focus on biofuel supply in northern Europe, BlackCoral Energy Managing Partner Jesper Christensen tells Ship & Bunker.
Jun 04

4MAN Energy Solutions Rebrands as 'Everllence'

CEO Uwe Lauber revealed the new brand name at the company's Augsburg headquarters on Wednesday.
May 30

5Bunker Holding Group Streamlines Legal Structure to Simplify Operations

The company tells Ship & Bunker that the restructuring will not affect current back-office operations or result in job losses.

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