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Suez Canal Offers New Discount for VLCCs

The 45% discount is for VLCCs of at least 200,000 DWT, in ballast, and coming from Gulf of Mexico, the Caribbean, and the North Coast of South America.

St Petersburg Bunker Market Dealing with Tightening Fuel Oil Avails

Market sources say cutbacks in domestic fuel oil production are behind the situation.

Gulf Petrochem Expands to ARA Bunker Market

Gulf Petrochem is now offering physical supply services in the Port of Rotterdam through its new office in Dordrecht.

Russia Looks to Tax Overhaul to Boost Oil Output, but Impact on Fuel Oil Still Unclear

A new system could cut tax on brownfield sites by between 16 and 20 percent depending on the oil price.

MV Benita Refloated Over a Month After Onboard Brawl Led to Grounding and Bunker Spill

Five Oceans Salvage Sunday confirmed that MV Benita had been refloated and was being towed 20 miles off Mauritius' coast.

Blue Star Vessel Receives Updated Bunker and Emissions Monitoring Tech

Blue Star Delos, a high speed Ro-Pax vessel has been updated with new fuel oil consumption and emissions monitoring software

New Hybrid Ferry Set to Be First to Feature Wärtsilä Hybrid Battery Technology

The ferry is also expected to be the "most environmentally sustainable vessel ever" to ply the waters between the Isle of Wight and the English mainland.

Grounded MV Benita: More Than 200 cbm of Contaminated Fuel Oil and Lube Successfully Removed

The vessel is said to remain aground and in a stable condition, with skimming of any oily water residue continuing "as a precaution."

Oil Prices Expected to Remain Choppy As Russia, Iran, and Libya all Indicate Rising Output

Russia, Iran, and Libya are among the global players either increasing production or recovering its market share.

Turkey to Push Ahead With Bosphorus Strait Bypass Canal

Turkish president Recep Tayyip Erdoğan says the attempted coup last weekend has not caused any delay to construction plans for Kanal Istanbul.

Tight Avails Continue in Hamburg Bunker Market

Tight Avails Continue in Hamburg Bunker Market

Ship owners are said to have been left to pay steep premiums for the product that is available.

Pundits Conflicted On Whether Brexit Is A Blessing Or Curse To North Sea Oil Operators

One faction cites increased decommissioning as a fallout while the other says the weak Pound is making operations more affordable.

Iran Reportedly Trading With China's Teapots; Also Will Announce Companies Eligible To Develop Its Oil Fields

Meanwhile, former Iran governor for OPEC thinks his republic can still increase oil exports.

TBC: No Delay or Interruption for Bunker Supplies in Istanbul Following Coup Attempt

A local physical player tells Ship & Bunker it supplied several of its customers' vessels over the weekend without issue.

Aegean Launches New Bunkering Vessel in South Africa

The new R200 million ($13.93 million) bunkering vessel, the MT Lefkas, will provide bunkering services to ships in Algoa Bay.

Energy Petrol Acquires Two More Bunker Barges

"We now have a total of 13 barges with the largest number of double double bunker barges among all players in the area," CEO Mustafa Muhtaroglu tells Ship & Bunker.

Nigeria's Crude Production Recovery Bolstered by End of Workers Strike

It's another win for a country that may soon reclaim its title as Africa's top oil producer.

EC Criticised for Overlooking Shipping, Biofuels in Draft Emissions Strategy Plan

"The greatest disappointment is the complete lack of ambition on international aviation and shipping," said Transport & Environment.

OPEC Predicts Tighter 2017 Market; Saudi Arabia Said to Be Attempting to Prop It Up

Meanwhile, a supply deficit could occur unless the cartel raises production further.

Russian Fuel Oil Production Continues Its Decline

Russian fuel oil production fell from 6.1 million tonnes in January to 4.29 million tonnes during the month of May.

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