World News

Industry Needs to Redouble Its Compliance and Enforcement Commitment: SEA\LNG

"If we do not collectively commit to compliance and enforcement, then we will continue to miss a tangible and viable opportunity to eradicate harmful emissions," says SEA\LNG chairman Peter Keller.

3 Aug 2017

2020 Regs Make LNG Bunkers "Most Effective Global Solution" for Future Vessels: Sovcomflot

SCF Group has already signed an LNG bunkering agreement with Shell, the company tells Ship & Bunker.

3 Aug 2017

Crude Firms on Gasoline Demand

Bunker prices were back to firming in the primary ports.

2 Aug 2017

Navis Introduces New Bunker Saving Hull & Propellor Performance Tool

"The effects of the condition of the ship's hull and the propeller on the bunker consumption of a ship are significant and measurable," says Navis.

2 Aug 2017

IMO Gives Update on 2020, Low Carbon Shipping Plans at IBC Asia

"Preparations by the bunker industry for complying with the sulphur limit was one of the key issues being discussed at the conference," says IMO.

2 Aug 2017

Newbuild to Feature Exhaust Cleaning Systems and LNG Dual-Fuel Engines

Wärtsilä is set to supply the exhaust cleaning systems and engines for the first German research vessel operating on LNG bunkers.

1 Aug 2017

LNG Bunker Advocacy Group SEA\LNG Adds Three New Members

"The recent adoption of stricter emission standards for marine transportation by 2020 is consistent with our strategy for entering into new prospective LNG market segments including bunkering," says new member NOVATEK.

1 Aug 2017

Marine Industry Will Ultimately Acknowledge and Use Scrubbers for 2020: Quadrise

The comments came alongside news that company received the Interim Inspection Report provided by Wartsila from Maersk as part of the now cancelled marine trial of its MSAR emulsion bunker fuel.

1 Aug 2017

July Ends With Another Uptick in Oil Prices

Bunker prices were firmer in the primary ports.

31 Jul 2017

Aegean Announces Date for 2Q 2017 Financials & Earnings Call

The results and subsequent earnings call will be the first since a number of high level changes for the supplier, including the appointment of a new President.

31 Jul 2017

FOBAS Alert: Off-Specification Sulphur Results for ECA Fuels at Antwerp

Any ships receiving fuels that are confirmed noncompliant fuels should immediately issue a letter of protest to the relevant fuel supplier, flag administration and port authority.

31 Jul 2017

Gulf Petrochem Group Inks US$150m Financing Deal

"In an environment of continued low global oil prices, the financing will be used to support the group's activities around the world," says GP.

31 Jul 2017

d'Amico Set to Sell Three More Vessels Amid Difficult Freight Market

DIS reports a net result of -$6.2 million for the H1 2017 period, compared to $13.6 million during the same period of 2016.

28 Jul 2017

World Fuel Services Bunker Sales Dip Again on Reduced Asia Activity

The 6.8 million mt sold in 2Q 2017 matched 1Q sales, but were down around 18% compared to the period last year.

28 Jul 2017

Gazpromneft–Lubricants Sees 7.5% YoY Increase in Marine Lube Sales During 2017 H1

Gazpromneft–Lubricants says 2017 is seeing a growing demand for lubricants for marine engines operating on low sulfur and "environmentally friendly" fuel.

28 Jul 2017

Oil Prices: Forget Lower for Longer, Shell Says Get Set for "Lower Forever"

The oil giant believes peak demand for crude will occur by the late 2020s.

28 Jul 2017

Weekly Vessel Scrapping Report: 2017 Week 28

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 20 – July 26, 2017.

27 Jul 2017

MISC Takes Delivery of Third Vessel in of Series of Three Fuel-Efficient Newbuilds

The LNG carrier was designed to minimise hull resistance, increase propulsion efficiency, reduce power requirements, and reduce CO2 emissions.

27 Jul 2017

Finnlines Highlights Bunker-Saving Initiatives Alongside "Best First Half Year Result"

Finnlines says it also marked its "best second quarter ever" with results amounting to €24.2 million.

27 Jul 2017

IMO Failed to Impress with Progress Toward GHG Emission Reduction at MEPC 71, Says T&E

"Disagreement over how to distribute efforts and the potential costs of measures remain the biggest obstacle to progress," said T&E's Bill Hemmings.

27 Jul 2017