EMEA News

Market Sources: Demand Boost Puts Pressure on Avails at St Petersburg
Increased demand is said to have tightened avails and provided support to prices at the port.
10 Oct 2016
Russia Swipe At OPEC Deal Causes Price Drop; Petroleo Official Says Cap Will Be Rejected By Outsiders
The official also joins the chorus of critics who think the cartel's influence is now minimal.
10 Oct 2016
Saudi Price Cuts An Indication They Won't Abide By Output Deal After All: Analysts
But PIRA credits Saudis for market "managing" and believes OPEC is serious about $50-$60 oil.
7 Oct 2016
Gazpromneft Marine Bunker Completes First Ust-Luga Ship Supply Delivery to Chevron
Gazpromneft says its vessel Gazpromneft West provided 13.5 tonnes of TARO 40 XL 40 X to the 40,549 DWT Seamarlin tanker during the operation.
7 Oct 2016
Mauritius to End Offshore Bunkering, Boost Storage for Onshore Bunkering
"At the moment we are on track for the new storage to be ready within the next 18 months," STC Chairman Dr Bhennick tells Ship & Bunker.
6 Oct 2016
Russia's LNG Bunker Sales to Reach 1.35 Million Tonnes by 2030: Gazprom
Further, the company forecasts the LNG bunker market will account for 27 percent of the total Russian LNG market.
6 Oct 2016
Pori Marks First LNG Bunkering Operation
Skangas Wednesday announced that it successfully bunkered the product tanker Ternsund at its Pori LNG terminal.
5 Oct 2016
Iran To Reduce Fuel Oil Output, Up Quality at Bandar Abbas
Iran says the sulfur content of the fuel oil will be less than 1 percent.
5 Oct 2016
Despite New Iran Contracts, Analysts Doubt The Country Will Reach 4 Million BPD Output Anytime Soon
While some reports indicate an output of 3.7 million bpd may be norm for the time being, conflicting reports say the country has already hit the 4 million mark.
5 Oct 2016
Augusta Energy Opens New African Physical Bunker Supply Operation
Supply is in Port and offshore on the East Coast of Africa, Mozambique Channel, Madagascar, and Mauritius.
5 Oct 2016
Titan LNG Requests Quotes for Fabrication of LNG Bunkering Pontoon
Titan LNG has issued the request to several Eastern European shipbuilders.
5 Oct 2016
Gulf Petrochem Expands Physical Bunker Operations
"Entering the Antwerp market only serves to reaffirm the group's commitment to grow the business," says Global Head of Bunkering Neil Lamerton.
4 Oct 2016
Oil Up As Iran Urges Nations to Join OPEC Cut Deal - While Preparing to Boost its Own Output
Barclays warns that expectations for the deal could be dashed in November.
4 Oct 2016
Baltic Sea ECA Leads to "Radical" Fall in SOx Emissions: Finnish Meteorological Institute
The lead up to and implementation of the Baltic ECA is said to have led to an 88 percent reduction in SOx emissions during the years from 2006 to 2015.
4 Oct 2016
Russia Takes A Swipe At OPEC Freeze Deal By Maintaining Price Forecast At $40
But RBC commodities analyst Helima Croft believes "we are done with sub-$40" oil and trending into $60/bbl next year.
3 Oct 2016
Torghatten Nord to Upgrade Two Ferries to Hybrid Electric Propulsion
It is reported that the conversion will also ready the vessels for conversion to full electric propulsion in the future.
3 Oct 2016
Siemens to Supply Propulsion Systems for Two Electric Ferries
The battery-powered ferries are set to be operated by Fjord1 on the Anda-Lote route on Norway's west coast.
30 Sep 2016
UK Shipping Firm Eyes Cost Savings with Scrubber Retrofit
The system is expected to save the 13,000 DWT chemical tanker Westminster $2,700 per day in fuel costs when operating in an ECA.
29 Sep 2016
Arctia Takes Delivery of World's First LNG Icebreaker
The hybrid vessel, Polaris, is capable of using on both LNG and low sulphur diesel oil as fuel.
29 Sep 2016
GOIL Appoints New COO, Alex Josiah Adzew
Adzew previously served as Fuel Marketing Manager at GOIL.
29 Sep 2016