World News

Oil Traders See Refining Opportunities in Post-2020 Bunker Market

Scrubber take up too limited but storage, blending view positively

16 Oct 2017

DNV GL Launches New Bunker-Saving CFD Simulation Application

The new "Virtual Trial" application allows yards and owners to use CFD simulation to analyse, compare, and benchmark hull design fuel efficiency.

13 Oct 2017

Hilli Episeyo Departs Singapore for LNG Bunkering in Cameroon

Golar LNG says the departure of the floating liquefied natural gas vessel was earlier than anticipated.

13 Oct 2017

Wärtsilä Marks Completion of Bunker-Saving Hybrid Energy Storage System on OSV

Viking Princess is said to have become the first-ever OSV in which batteries reduce the number of generators aboard the ship.

13 Oct 2017

Gazprom Neft Marks Production of New Brand of ECA-Compliant Bunkers

The first batch of the new product - which has a sulfur content of no more than 0.1 percent - was been produced at the company's Omsk Refinery.

13 Oct 2017

Ferry and Offshore Sectors Dominate Growth of LNG-Fuelled Fleet

But box ships biggest in LNG-ready vessel category

13 Oct 2017

2020: The New Golden Age of Broking?

"2020 ushers in a new dawn of three tier products and multiple tier pricing. For the buyer this creates a three fold problem," Paul Hardy writes for Ship & Bunker.

13 Oct 2017

Weekly Vessel Scrapping Report: 2017 Week 39

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 5 – October 11, 2017.

12 Oct 2017

Port of Gothenburg Foresees Increased LNG-Fuelled Vessel Traffic Next Year

"There will be a resulting rise in the number that qualify for our LNG discount," says Magnus Kårestedt, CEO of the Gothenburg Port Authority.

12 Oct 2017

DBS Receives Liberia Registry Approval to Provide IMO DCS Verification Services

DBS can now review Ship Energy Efficiency Management Plans and verify the reported data for all Liberian-flagged ships.

12 Oct 2017

OceanConnect Marine Makes New Trader Hire at Stamford Office

Daniel Gruenwald is formerly of Integr8 and O.W. Bunker.

12 Oct 2017

Scrubbers Fail to Register in Global Orderbook as Single Orders Rise

Proportion of fleet orderbook taking up scrubber option under 5%

12 Oct 2017

Lukoil CEO Says Oil Cutbacks Should End if Oil Hits $60, But Most See Lower Prices in 2018

U.S. producers doubt prices will reach $70 until the next decade.

12 Oct 2017

Physical Suppliers Need to Step Up Now to Address Real Uncertainty Over 2020: Bomin

"Owners and operators really need our energy and knowhow to help them navigate this fundamental transition within the industry," Jan Christensen, Global Head of Bunker Operations, tells Ship & Bunker.

12 Oct 2017

Crude Benchmarks Continue to Firm

Bunker prices were still firming in the primary ports.

11 Oct 2017

No Clear Route to 2020 Sulfur Cap Compliance: ExxonMobil

In a new survey by ExxonMobil, 70 percent of respondents said that they do not believe the industry is ready for the deadline.

11 Oct 2017

Industry-Led Task Force Launched to Decarbonize Shipping

The Global Maritime Forum, Carbon War Room, the Carbon Pricing Leadership Coalition, and University College London announced the launch today.

11 Oct 2017

Crude Gains on Saudi Export Cut Pledge

Bunker prices were firmer in the primary ports.

10 Oct 2017

SeaIntel: 2017 Q4 to See "Massive Overcapacity" in the Container Industry

The consultancy notes that Q4 is typically a time that see the culling of deployed capacity compared to the peak season in Q3.

10 Oct 2017

New Initiative to Ban HFO Use in the Arctic Launched in Malta

HFO-Free Arctic says last week's Our Ocean conference in Malta played host to the launch of the Our Ocean Arctic Commitment.

10 Oct 2017