EMEA News

"Historic" Saudi/Russian Oil Pact Has "No Chance" Of Coming To Anything, Say Critics
Another analyst lashes out at "stupid" market players for responding to the agreement.
6 Sep 2016
Rotterdam: New Berth to Support LNG Bunkering
The new berth, which can handle vessels of up to 180 meters long, will allow for the loading of small volumes of LNG between 1,000 cbm up to 20,000 cbm.
5 Sep 2016
Russian Firm Set to Start Construction on Five LNG-Powered Tankers for Rosneft
The first of the newbuild 114,000 DWT Aframax tankers are said to be slated for delivery in 2019.
5 Sep 2016
Putin: OPEC Oil Freeze Is "The Right Decision" - And Saudi Agrees On Condition Of Unanimous Participation
However, the point is raised once more that a freeze won't help the market.
5 Sep 2016
Gazpromneft Bunker Tanker Runs Aground in St. Petersburg
Gazpromneft East, ran aground in St Petersburg's Petrovskiy Canal with 1,200 tonnes of fuel on board, although no resulting pollution has been reported.
5 Sep 2016
Gothenburg Hails "Historic" First LNG Bunkering
The operation will see the newly constructed tanker M/T Ternsund bunkered by Belgian bunkering vessel Coral Energy.
2 Sep 2016
Bunker Trader Rudder Announces New Dubai Subsidiary
Monaco-based Rudder Group says the new subsidiary is part of an effort to expand its global coverage and become "a leading bunker player."
2 Sep 2016
Saudi Wants A Freeze And Prices North Of $60, Say OPEC/Industry Sources
Higher prices would benefit the kingdom's sale of state-owned Armaco.
2 Sep 2016
Suez Renews Discounts to Containerships Transiting the Canal
SCA says it will be extending its discounts to containerships, originally announced in June, until December 31, 2016.
1 Sep 2016
New Bunkering Tanker Launched for Norilsk Nickel
The 1,200 DWT vessel, which is named Vladimir Matveyev, is said to be currently en route to deployment at the port of Dudinka.
1 Sep 2016
Saudi Arabia Sends Mixed Signals About Adding to a "Saturated" Global Market
In the same interview, the kingdom stated it won't further flood the market but will, however, meet consumer demand at any price.
1 Sep 2016
DNV GL Undertakes Research Project to Support EU Adoption of LNG as Fuel
The results of the project, coordinated by Enagas, will help inform Spanish and Portuguese national policy frameworks for alternative fuels supply infrastructure.
31 Aug 2016
Oil Prices Drop as Iran Does About Face and Declares Production Increase By Year End
The Islamic republic plans to boost output by 200,000 barrels per day.
31 Aug 2016
Merrill Lynch: Get Set For $70 Crude Rally Next Year
Demand will outstrip supply by 800,000 bpd in 2017, the bank predicts.
30 Aug 2016
Port of Gibraltar and Shell Sign LNG Bunkering Agreement
"This is excellent news for the Port of Gibraltar," says CEO and Captain of the Port, Commodore Bob Sanguinetti.
26 Aug 2016
Kilduff Trashes Reliability Of Any OPEC Freeze Deal, But Croft Puts Faith in Saudi's Conciliatory Tone
Meanwhile, oil prices drop again with news of U.S. supply build-up.
25 Aug 2016
Crude Up Again On Iran Declaring Participation In Algeria Freeze Talks
The Saudis claim they are interested in what their "colleagues" have to say.
25 Aug 2016
BG Freight Line Orders Four Fuel Efficiency Container Ships for the Irish Sea
The move is said to be driven an effort to control costs in the face of tightener environmental regulations.
25 Aug 2016
War of Words Heats Up Over Gibraltar LNG Bunkering
GSD has accused HMGoG of taking a "u-turn' over the matter.
25 Aug 2016
Gazpromneft-Lubricants Completes Spill Exercises at St. Petersburg and Murmansk
The company says the exercises were aimed at testing team preparedness for spill response while bunkering lubricants to merchant vessels at berth.
25 Aug 2016