World News

Crude Soft on European Uncertainty, OPEC Deal Doubts
Crude Soft on European Uncertainty, OPEC Deal Doubts
Bunker prices were a bit softer in the primary ports.
20 Nov 2017
Russia Happiest with Crude Prices in the Mid-$50/bbl Range: Analyst
Russia Happiest with Crude Prices in the Mid-$50/bbl Range: Analyst
Crude priced in the mid-$50's is seen as being more stable and predictable, according to one analyst.
20 Nov 2017
Monjasa, Former Co-Owner Jacobsen Acquitted After Alleged Fraud
Monjasa, Former Co-Owner Jacobsen Acquitted After Alleged Fraud
"This strong and complete acquittal of Monjasa by the High Court is the verdict we expected," says Group CEO, Anders Østergaard.
20 Nov 2017
Wärtsilä to Deliver Dual-Fuel Engines to Viking Line Newbuild
Wärtsilä to Deliver Dual-Fuel Engines to Viking Line Newbuild
The vessel is set to run primarily on LNG.
20 Nov 2017
VPS Boosts Lubricant Oil Condition Monitoring Capacity
VPS Boosts Lubricant Oil Condition Monitoring Capacity
VPS says a new investment in the Rotterdam facility has significantly added to its existing Singapore lubricants testing capabilities.
20 Nov 2017
Maersk: Regulation Required to Bring Zero-Carbon Technology to the Fore
Maersk: Regulation Required to Bring Zero-Carbon Technology to the Fore
For decarbonisation to happen in the long term, the industry will need zero-carbon technology to be available in the mid-2030s
20 Nov 2017
Bunker Buying Function Forms Part of Ship Management Software to Launch next Year
Bunker Buying Function Forms Part of Ship Management Software to Launch next Year
Veltrone chief executive Nikolas Gkikas, the company behind the product, tells Ship & Bunker he is confident of success
20 Nov 2017
IMO 2020: No Fuel Choice Will Avoid Inevitable Requirement to Install Scrubbers, Says EGCSA
IMO 2020: No Fuel Choice Will Avoid Inevitable Requirement to Install Scrubbers, Says EGCSA
A study finds the use of low sulfur fuels within ECAs has resulted in more toxic emissions for certain populations.
20 Nov 2017
The Importance of Experience and the Changing Dynamics of the Bunker Market
The Importance of Experience and the Changing Dynamics of the Bunker Market
Where we have lost ground over time is our overall understanding of the market, Paul Hardy writes for Ship & Bunker.
20 Nov 2017
New Tesla Truck and Saudi/Israeli Alliance Seen as Latest Risks to Crude Market
New Tesla Truck and Saudi/Israeli Alliance Seen as Latest Risks to Crude Market
One observer believes the growing ties between the two countries is an "ominous" indication that war is coming.
17 Nov 2017
ExxonMobil Launches New Lubricant Analysis Service
ExxonMobil Launches New Lubricant Analysis Service
"This new service will provide a step change in marine oil analysis," says Iain White, Global Marketing Manager at ExxonMobil Marine.
17 Nov 2017
NYK Group Develops New Additive to Combat Distillate Fuel Paraffin Wax Build up at Low Temperatures
NYK Group Develops New Additive to Combat Distillate Fuel Paraffin Wax Build up at Low Temperatures
"The new agent, 'Wax Breaker,' can get between the molecules of paraffin crystals that cause coagulation," the companies say.
17 Nov 2017
Transport GHG emissions in EU continue to grow
Transport GHG emissions in EU continue to grow
Lack of efficiency improvements and poor take up of renewables against demand seen as main reason
17 Nov 2017
US Again Cited as Gadfly to OPEC's Cutback Efforts, But Hamm More Concerned About Accuracy of Production Forecasts
US Again Cited as Gadfly to OPEC's Cutback Efforts, But Hamm More Concerned About Accuracy of Production Forecasts
Meanwhile, Saudi Arabia delivers the usual assurances that everything is under control.
17 Nov 2017
Weekly Vessel Scrapping Report: 2017 Week 44
Weekly Vessel Scrapping Report: 2017 Week 44
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 9 – November 15, 2017.
16 Nov 2017
Gas-Fuelled Version of Wärtsilä 31 Engine Launched
Gas-Fuelled Version of Wärtsilä 31 Engine Launched
The 31SG is said to offer simple-cycle efficiency levels in excess of 50 percent, compared to about 40 percent with modern gas turbines.
16 Nov 2017
Hydrex Says New Propellers Cleaning Method Gleans Maximum Propulsion Efficiency
Hydrex Says New Propellers Cleaning Method Gleans Maximum Propulsion Efficiency
Hydrex says an experiment using the technique carried out on a cruise ship showed a 5 percent fuel savings compared to operation with rough propellers.
16 Nov 2017
Bunker Industry Must Ensure Supply of High Sulfur Fuel Oil Bunkers Continues Beyond 2020: IMO
Bunker Industry Must Ensure Supply of High Sulfur Fuel Oil Bunkers Continues Beyond 2020: IMO
Writing for Ship & Bunker earlier this week, NSI's Paul Hardy suggested limited demand could make keeping barges as designated HSFO tricky.
16 Nov 2017
There Will Be No Delay to January 1, 2020 Start Date for New 0.50% Global Sulfur Cap: IMO
There Will Be No Delay to January 1, 2020 Start Date for New 0.50% Global Sulfur Cap: IMO
Some industry participants believe that, like the recent two-year extension for compliance with the Ballast Water Management Convention, a delay to IMO 2020 is possible.
16 Nov 2017
November In-Depth Oil Price Outlook: Beware the Dip, Oil Prices Could Go Lower Without an Actual Geopolitical Disruption
November In-Depth Oil Price Outlook: Beware the Dip, Oil Prices Could Go Lower Without an Actual Geopolitical Disruption
But in the case of a shortage, an oil price spike over $100/B would not be surprising, Paul Kuklinski, Boston Energy Research, writes for Ship & Bunker.
15 Nov 2017