Archive News

April, 2017
Date	Headline	Image
Fri28Apr	Singapore Runs Multi-Agency Spill Response Exercise ChemSpill 2017 simulated a collision between a fully laden chemical tanker and a bunker barge off Raffles Reserved Anchorage.
Fri28Apr	Finland's Oldest Ferry Now Country's First All-Electric Passenger Vessel Föri now features a zero-emission electric drivetrain intended to boost efficiency and reduce operating costs.
Fri28Apr	Skangas Wins LNG Bunker Supply Contract from Finnish Government Skangas will supply LNG bunkers to the offshore patrol vessel Turva and icebreaker Polaris from 2017 to 2019.
Fri28Apr	World Fuels Services 1Q 2017 Bunker Sales Volume Dips 11% on Reduction in "Low Margin, Low Return" Asia Activity "Lower profits from the sale of price risk management products to our marine customers" also impacted the performance, CFO Ira Birns explains.
Fri28Apr	Maersk Line and Hamburg Süd Sale and Purchase Agreement Receives Board Approvals The €3.7 billion acquisition still remains subject to regulatory approvals.
Fri28Apr	Singapore Launches TR 56 Standard for LNG Bunkering MPA launched the standard in cooperation with SPRING Singapore and SDO@SCIC.
Fri28Apr	Update - Bunker Jobs: Integr8 Fuels Seeking Trader/Broker Integr8 Fuels is one of the fastest growing bunker trader/brokers in the market.
Fri28Apr	OPEC Tries to Ensure A Consensus For Cutback Extension But is "Stuck Between a Rock and a Hard Place," says Analyst Meanwhile, an extension is said to be already factored in to current crude prices.
Fri28Apr	Crude on Thursday Drops to 4 Week Lows, But The IEA Warns of Impending Price Spikes, Tightening Supplies The agency reports record drops of new discoveries and investment.
Fri28Apr	What Does IMO's 0.50% Sulphur Cap Decision Mean for the Bunker Supply Chain? The 0.50% sulphur cap on marine fuel from 2020 is arguably one of the industry's most defining moments since the shift away from coal.
Thu27Apr	Weekly Vessel Scrapping Report: 2017 Week 16 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 20 – April 26, 2017.
Thu27Apr	Petrol Bunkering & Trading Clarifies Group Restructuring Process The comment comes on the heels of news that the company's Hamburg-located branch office will cease operations, effective May 1, 2017.
Thu27Apr	LNG-Fuelled Ships to More Than Double by 2020: Energy Aspects Energy Aspects suggests the number of LNG-fuelled vessels will grow to 200 by 2025, compared to 77 in 2016.
Thu27Apr	Singapore Bunker Player Places Order for Two VLCC Newbuilds Sentek Marine has placed an order with Hyundai Samho Heavy Industries for two VLCCs, with the option for two more.
Thu27Apr	Peter Hall Joins Digital Bunkering Group Vortex Development as European Business Development Liaison "There is no question that the future of the bunker industry is a digital one," Hall tells Ship & Bunker.
Thu27Apr	Glut Fears Grow with US Refineries Operating All-Out Despite "Lackluster" Demand Meanwhile on the international front, Russia says it could raise production later in 2017.
Thu27Apr	Abu Dhabi Investment Authority Among Those Predicting Sub $40/bbl Oil if OPEC Doesn't Extend Output Cuts But Pierre Andurand dismisses the "frustrating" market and foresees a rebound.
Thu27Apr	ECA Regs Being Flouted Through Misuse of Bunker Non-Availability Clause, Says Supplier "Despite compliant bunkers being available they were not loaded onto the vessel," an ECA-based supplier tells Ship & Bunker.
Thu27Apr	ABB: Shipping Headed for "End of the Diesel Engine Epoch" [VIDEO] The news comes alongside ABB's launch of its Shipping 4.0 concept - the theme for ABB's annual customer publication.
Thu27Apr	Petrol Bunkering & Trading to Close German Office The company's Hamburg-located branch office will cease operations, effective May 1, 2017.

Showing 1-20 of 183 articles from April, 2017

Apr 24

1US Ban on Non-Compete Clauses May Raise Salaries for Bunker Traders

Non-compete clauses have not always been used in a fair and reasonable way in the bunker industry, Maritime Recruitment Company Ltd's Vernon Jayanathan tells Ship & Bunker.
Apr 25

2Marine Engine Maker Says it Falsified Fuel Consumption, Emissions Data for Decades

Government investigating after test results altered 'to make the fuel consumption data look better'.
Apr 26

3BUNKER JOBS: ADNOC Seeks Bunker and Agency Officer in Abu Dhabi

The company is looking for candidates with bunker trading professional certifications and at least six years of experience in a similar role.
Apr 26

4World Kinect Marine Profits Jumped to One-Year High in Q1 as Volumes Climbed

The firm had a Q1 profit margin on its bunker sales of $6.19/mt, up from $4.51/mt in Q4 and compared to an average since 2015 of $2.64/mt.
Apr 25

5ATH Trading Hires Senior Bunker Trader in Madrid

The new hire was previously a marine fuel trader for Vilma Oil in Madrid from June 2017 to last month.

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