EMEA News

Fratelli Cosulich Buys Monaco-Based Bunker Trader

Fratelli Cosulich has acquired 100 percent of the shares of Chemoil Monde Export.

24 Dec 2015

Swedish Shipowners Association Advocates Fossil Fuel Free Future

"Disappointed" that shipping was left out of the COP21 agreement, the association says it is taking a leadership role in shipping emissions reductions.

23 Dec 2015

Industry Players Fear Container Alliances Hinder Competition

A survey ordered by the Dutch Shippers' Association shows businesses that ship cargo overseas are concerned about increasing shipping monopolies.

22 Dec 2015

South Africa Sees Opportunity to Increase Bunker Storage For Clean Fuels

A recent overhaul of ports investment in South Africa creates a $66 million opportunity in clean fuel bunkers, says President Jacob Zuma.

22 Dec 2015

Vopak Sells UK Terminals to Macquarie Capital and Greenergy

The deal is said to include the sale of three terminals with a combined capacity of about 700,000 cbm, and Vopak's 33% stake in the Thames Oilport.

22 Dec 2015

Port of Rotterdam: Union Votes a "Massive Yes" to Strike Action

FNV Havens said its members "almost unanimously" rejected a final offer from employers on Sunday.

21 Dec 2015

Oilchart Expands UK, Antwerp Teams

OilChart says it "seeks to grow its position in the physical supply arena."

18 Dec 2015

Russia Ready to Talk to OPEC, but Iran Doubts Any Policy Change Will Occur

While Russia reconfirms talks, Iran believes output will hold steady due to OPEC members following political will.

18 Dec 2015

Rotterdam Announces New LNG Bunker Incentive

The incentive programme will provide seagoing vessels that bunker LNG in Rotterdam with a 10 percent discount on gross seaport dues until 2020.

17 Dec 2015

Bankruptcy Proceedings Initiated for Lithuanian Shipping Company

The Klaipėda Regional Court initiated bankruptcy for the shipping company on Tuesday, a decision that comes into force 10 days after its adoption.

16 Dec 2015

Iran Prepared for "Worst Case" Low Oil Price Scenario, "Absolutely No Chance" it will Delay Oil Production Plans

"Our general assumption is on a market with low prices, so the price can drop as low as possible," says Iran's deputy oil minister.

15 Dec 2015

Maiden Voyage for Germany's First-Ever Newbuild LNG-Fueled Vessel

German power firm Wärtsilä has hailed the maiden voyage of the nation's first newbuild vessel powered by liquefied natural gas.

15 Dec 2015

Iran Looks to Reduce Fuel Oil Output with Refinery Upgrades

Abbas Kazemi, Managing Director of the NIORDC says that Iran is in talks with foreign companies to upgrade the country's refineries after years of sanctions.

15 Dec 2015

Reports: Trafigura Signs 1 Million Tonne Bunker Deal with Rosneft

The deal also includes 2.9 million tonnes of 500 ppm sulfur diesel and 3 million tonnes of ultra-low sulfur .

14 Dec 2015

New London-Based Senior Bunker Broker for LQM

Lykourgos Theodorou joins the bunker player effective today, December 14, 2015, in the role of Sr. Broker.

14 Dec 2015

ECSA Wants EU to Invest in Bunkering Infrastructure for Alternative Fuels

Call comes as part of its "16+1" proposals to boost the EU's shipping policy.

11 Dec 2015

VDR: LNG-Propelled Vessels Only Possible with State Support

German Shipowners' Association wants funding for LNG newbuilds and retrofits.

11 Dec 2015

KPI Bridge Oil Opens New Athens Office

The new operation is headed by Managing Director Jesper D. Rasmussen.

9 Dec 2015

Authorities Warn Russian Fuel Oil Spill Could be an "Ecological Disaster"

The Nadezhda, the tanker which ran aground off of Sakhalin Island, is said to have contaminated at least 2 miles of coastline with diesel and fuel oil.

9 Dec 2015

ESI Encourages Vessels to Operate "More Efficiently Than Required"

The IAPH on Friday at COP21 in Paris presented the results of five years of the ESI programme, which is said to have seen the registration of 3600 vessels.

9 Dec 2015