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Norway Inks Agreement with California to Cooperate on Zero Emission Goals
Norway Inks Agreement with California to Cooperate on Zero Emission Goals
Norway's climate and environmental minister Vidar Helgesen, signed the agreement during an official visit to California last week.
9 Aug 2017
2020 Sulfur Cap on Bunkers is Not Enough, NGO Suggests
2020 Sulfur Cap on Bunkers is Not Enough, NGO Suggests
Friends of the Earth's Pete Christian, argues that the tightening sulfur cap on bunkers set for 2020 is "still many times more than Euro 6 standards for cars."
9 Aug 2017
IMO Has Made 2020 Compliance Unnecessarily Complicated: Inatech
IMO Has Made 2020 Compliance Unnecessarily Complicated: Inatech
"I still think there's still time to say, from January 1, 2020, let's just not sell bunkers with more than 0.50% sulfur," Alok Sharma, Global Head of Sales, Inatech, tells Ship & Bunker.
9 Aug 2017
Higher Bunker Costs Lift Eagle Bulk's Q2 Voyage Expenses by 78%
Higher Bunker Costs Lift Eagle Bulk's Q2 Voyage Expenses by 78%
The company sustained a net loss of $5.9 million during 2017's Q2, compared to a net loss of $22.5 million during the same period of 2016.
8 Aug 2017
Designs for Hydrogen Refuelling Stations Set for Launch by ITM Power
Designs for Hydrogen Refuelling Stations Set for Launch by ITM Power
The move is said to come in response to industry demand for larger scale industrial installations for refuelling heavy logistics vehicles, including ships.
8 Aug 2017
OPEC Discuss Oil Deal Cheaters, but Experts Doubt Any Substantive Outcomes
OPEC Discuss Oil Deal Cheaters, but Experts Doubt Any Substantive Outcomes
They also doubt the meeting will sway prices one way or another.
8 Aug 2017
OOIL Sees Bunker Price Increase 64% YoY in 2017's H1
OOIL Sees Bunker Price Increase 64% YoY in 2017's H1
The average bunkers price recorded by OOIL in the first half of 2017 was $306 per tonne compared with $186 per tonne during the same period of 2016.
7 Aug 2017
Rolls-Royce to Equip "Eco-Friendly" Cruise Vessel for Mystic Cruises
Rolls-Royce to Equip "Eco-Friendly" Cruise Vessel for Mystic Cruises
Rolls-Royce says it will equip the expeditionary oceanic cruise ship with "environmentally sustainable and top of the line technology."
7 Aug 2017
K Line Group Launches Environmental Management Promotion System
K Line Group Launches Environmental Management Promotion System
K Line says the Drive Green Network is intended to strengthen the group's environmental management, setting environmental policies and targets.
7 Aug 2017
EMSA Launches System to Support EU MRV Regulation Implementation
EMSA Launches System to Support EU MRV Regulation Implementation
The THETIS-MRV system enables companies to prepare monitoring plans and release emission reports and documents to EC and flag state authorities.
7 Aug 2017
New Bunkering Operations to Commence in Iraq
New Bunkering Operations to Commence in Iraq
Bunkering and other activities to be conducted by AISSOT, a joint-venture company of Iraqi Oil Tankers Company (IOTC) and Arab Maritime Petroleum Transport Company (AMPTC).
7 Aug 2017
Vitol Newbuild LPG Carriers to Feature Exhaust Gas Scrubbers
Vitol Newbuild LPG Carriers to Feature Exhaust Gas Scrubbers
The scrubbers will allow the carriers to continue burning otherwise noncompliant HFO when the 0.50% global sulfur cap for marine fuel comes into force in 2020.
4 Aug 2017
Singapore Arrests 13 in Two Separate Cases of Suspected Illegal Bunker Activity
Singapore Arrests 13 in Two Separate Cases of Suspected Illegal Bunker Activity
"PCG will spare no efforts and continue to step up enforcement against such offenders," says Singapore's Police Coast Guard.
4 Aug 2017
Analysts Doubtful Saudis, Russia Can Follow Through on Promises to Get Tough on Cutback Cheaters
Analysts Doubtful Saudis, Russia Can Follow Through on Promises to Get Tough on Cutback Cheaters
They also question the efficacy of Russia's on-going aid to Venezuela's PDVSA.
4 Aug 2017
Shell Eyes Desulphurization Upgrades at German Refinery to Make 2020 Bunker Fuels
Shell Eyes Desulphurization Upgrades at German Refinery to Make 2020 Bunker Fuels
Members of the refinery group have held initial talks with local officials as well as representatives of environmental associations to present preliminary plans for the potential investment project.
4 Aug 2017
Oil Majors Making More Money at $50 Oil Than $100, and Deep-Sea Drillers Aiming to Get in on the Action
Oil Majors Making More Money at $50 Oil Than $100, and Deep-Sea Drillers Aiming to Get in on the Action
BP, Royal Dutch Shell, and Transocean are among many companies that view $50 oil as the "magic" number.
4 Aug 2017
Crude down Again as Analyst Declares $50 Oil to Be at High End of Range
Crude down Again as Analyst Declares $50 Oil to Be at High End of Range
Once more, concern over rising production by OPEC and US producers is causing market losses.
3 Aug 2017
Six LNG Bunker Vessels Will Be in Operation by End of 2017
Six LNG Bunker Vessels Will Be in Operation by End of 2017
"These vessels are key to scaling-up demand for LNG as a marine fuel and delivering fuel in a way that is 'normal' for shipowners," says SEA/LNG.
3 Aug 2017
Weekly Vessel Scrapping Report: 2017 Week 29
Weekly Vessel Scrapping Report: 2017 Week 29
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 27 – August 2, 2017.
3 Aug 2017
TORM Adds Two More Fuel-Efficient MR Vessels: "We Believe That Asset Prices Are at a Cyclical Low"
TORM Adds Two More Fuel-Efficient MR Vessels: "We Believe That Asset Prices Are at a Cyclical Low"
"The timing is right for growing and renewing our fleet," says Executive Director Jacob Meldgaard.
3 Aug 2017
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