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Political Pressure Means Shipping Must Act on Reducing Emissions Regardless of the Actual Environmental Benefits: Ship Efficiency Expert
Political Pressure Means Shipping Must Act on Reducing Emissions Regardless of the Actual Environmental Benefits: Ship Efficiency Expert
A failure by the IMO to act on emissions will increasingly hurt shipping companies' ability to secure the funding they need for growth, Ship efficiency expert Nikos Petrakakos tells Ship & Bunker.
15 Aug 2017
Crude Drops Over 2 Percent on Weaker Than Anticipated Chinese Demand
Crude Drops Over 2 Percent on Weaker Than Anticipated Chinese Demand
Meanwhile, despite trouble in Libya and Venezuela, the market remains stubbornly range bound.
15 Aug 2017
Two Singaporeans Sentenced in U.S. for Navy Corruption and Fraud Scheme
Two Singaporeans Sentenced in U.S. for Navy Corruption and Fraud Scheme
GDMA held contracts to restock, repair, refuel and clean the U.S. Navy's Pacific Fleet that federal authorities said were worth over $200 million over 10 years.
14 Aug 2017
EU Research Project to Push for CEN Workshop Agreement for Methanol Bunkering
EU Research Project to Push for CEN Workshop Agreement for Methanol Bunkering
SEDNA is a new three-year research project supported by the EU's Horizon 2020 programme.
14 Aug 2017
Korean Register to Provide Briese Schiffahrt with EU MRV Verification Services
Korean Register to Provide Briese Schiffahrt with EU MRV Verification Services
KR will provide Briese Schiffahrt with verification services that include the assessment of monitoring plans and verification of carbon emission reports.
14 Aug 2017
Shore Power Project Completed at Port of Montréal
Shore Power Project Completed at Port of Montréal
The project is expected to help reduce GHG emissions by approximately 2,800 tonnes per year.
14 Aug 2017
Genoil in Advanced Discussions With Physical Suppliers, Shipowners to Produce 2020 Compliant Bunkers With "All the Same Qualities" as Today's HFO
Genoil in Advanced Discussions With Physical Suppliers, Shipowners to Produce 2020 Compliant Bunkers With "All the Same Qualities" as Today's HFO
By removing only sulfur, it removes all doubts in relation to technical make-up and compatibility with ships' engines, Genoil COO Bruce Abbott tells Ship & Bunker.
14 Aug 2017
Tanker Arrested in Singapore Over Unpaid Bunkers Slated for Sale
Tanker Arrested in Singapore Over Unpaid Bunkers Slated for Sale
The tanker Captain Silver was arrested in Singapore last week on behalf of Glander International Bunkering for an outstanding $50,000 bunker bill.
11 Aug 2017
Grounded Kea Trader Successfully Debunkered
Grounded Kea Trader Successfully Debunkered
750 tonnes of heavy fuel oil has been removed from the grounded container ship.
11 Aug 2017
Shell Receives New Seagoing LNG Bunker Vessel in Rotterdam
Shell Receives New Seagoing LNG Bunker Vessel in Rotterdam
Shell says it has also agreed to charter an additional LNG bunker barge.
11 Aug 2017
OPEC Announces Stronger Commitment to Production Cuts While Boosting Its Oil Demand Forecast
OPEC Announces Stronger Commitment to Production Cuts While Boosting Its Oil Demand Forecast
But one analyst sees nothing in OPEC's arsenal of rhetoric that will boost prices to even $57.
11 Aug 2017
Q2 Bunker Volumes up 9% for Aegean, but Net Income Still in the Doldrums
Q2 Bunker Volumes up 9% for Aegean, but Net Income Still in the Doldrums
"While demand for marine fuel remains high, sales margins remain under pressure," says Aegean President Jonathan Mcilroy.
10 Aug 2017
Weekly Vessel Scrapping Report: 2017 Week 30
Weekly Vessel Scrapping Report: 2017 Week 30
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 3 – August 9, 2017.
10 Aug 2017
Crude Soft as OPEC's Oil Output Hits a 2017 High
Crude Soft as OPEC's Oil Output Hits a 2017 High
And again, the experts point to the end of the summer driving season as a harbinger for further trouble.
10 Aug 2017
MISC Cites Green Tech for 12,765-Tonne Fuel Savings in 2016
MISC Cites Green Tech for 12,765-Tonne Fuel Savings in 2016
MISC, in its newly released 2016 sustainability report, says green technology also helped the company avoid 41,295 tonnes of CO2 emissions.
10 Aug 2017
What Do 2020 IMO Sulfur Regulations Mean for Shipping?
What Do 2020 IMO Sulfur Regulations Mean for Shipping?
"Expectations that the IMO sulfur standards will restrict bunker fuel availability and cause product markets to rally are likely overblown," is one of several key finds in a new report released today.
10 Aug 2017
2020 Noncompliance May Play an Important Role in the Industry's Response to New Regs: Report
2020 Noncompliance May Play an Important Role in the Industry's Response to New Regs: Report
"Despite ongoing efforts to address it, the problem of verifying compliance with the global SOx cap remains fundamentally unresolved," the report says.
10 Aug 2017
2020 Regs Doing Little for the Uptake of LNG Bunkers, Scrubbers, or Alternative Fuels, a New Report Finds
2020 Regs Doing Little for the Uptake of LNG Bunkers, Scrubbers, or Alternative Fuels, a New Report Finds
"Regulators may have unwittingly entrenched the role of oil in shipping for decades to come," a new report finds.
10 Aug 2017
MSAR Emulsion Bunker Fuel Manufacturer Quadrise Announces Cost Cutting Measures
MSAR Emulsion Bunker Fuel Manufacturer Quadrise Announces Cost Cutting Measures
The move includes salary changes and directorial changes.
10 Aug 2017
Kassinger Comments on Shipping GHGs Draws Praise and Criticism
Kassinger Comments on Shipping GHGs Draws Praise and Criticism
"Time for the U.N. to back off of the GHG money grab," said one reader, while Carbon War Room said the gravity of shipping's contribution of GHG emissions had been misrepresented.
10 Aug 2017
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