World News

Teekay Offshore Orders LNG-Powered, Bunker-Saving Newbuilds
Teekay Offshore Orders LNG-Powered, Bunker-Saving Newbuilds
The contracts signed with Samsung Heavy Industries include the construction of two Suezmax DP2 shuttle tankers, with the option for up to two more vessels.
27 Jul 2017
Astomos Takes Delivery of Bunker-Saving LPG Carrier from Kawasaki Heavy Industries
Astomos Takes Delivery of Bunker-Saving LPG Carrier from Kawasaki Heavy Industries
Crystal River features a Kawasaki rudder bulb system with fins and the semi-duct system with contra fins to help reduce fuel consumption.
27 Jul 2017
More Feel-Good News from OPEC Members Buffered by Analysts Who Doubt Resulting Rally Will Last
More Feel-Good News from OPEC Members Buffered by Analysts Who Doubt Resulting Rally Will Last
Disgruntled analysts also downplay reports of declining U.S. stockpiles.
27 Jul 2017
Producers Who "Used to Make Money at $25 Oil" Ignore Gloomy Outlook for Brent in 2018
Producers Who "Used to Make Money at $25 Oil" Ignore Gloomy Outlook for Brent in 2018
Exploration and production spending is expected to increase "modestly" next year.
27 Jul 2017
Danfoss IXA Becomes Newest Green Award Incentive Provider
Danfoss IXA Becomes Newest Green Award Incentive Provider
Danfoss IXA will offer a 5 percent discount on its MES1001, which continuously measures NOx, SO2, and NH3 directly in a vessel's exhaust system.
26 Jul 2017
USCG Provides Guidance for LNG Fuel Transfers with SIMOPS
USCG Provides Guidance for LNG Fuel Transfers with SIMOPS
The policy letter pertains specifically to SIMOPS set to take place at Waterfront facilities that handle LNG.
26 Jul 2017
The American Club Releases New Module of E-Learning Tool for MARPOL ANNEX VI
The American Club Releases New Module of E-Learning Tool for MARPOL ANNEX VI
The new release is the final module of the American Club's Clean Seas: Complying with MARPOL 73/78 series.
26 Jul 2017
ABS to Host Webinar on MEPC 71 Outcomes and Impacts
ABS to Host Webinar on MEPC 71 Outcomes and Impacts
The event will run on August 2, 2017 from 8:00 AM - 9:00 AM PDT.
26 Jul 2017
NYK Orders Its First Scrubber Systems
NYK Orders Its First Scrubber Systems
The order for two Handymax bulk carriers has been placed with Wärtsilä.
26 Jul 2017
EMP Preparing for Sea Trials of Aquarius Marine Renewable Energy Solution
EMP Preparing for Sea Trials of Aquarius Marine Renewable Energy Solution
EMP says the project will result in the world's first installation of an integrated rigid sail and solar power system for ships.
26 Jul 2017
"Don't Do Me Like That" – IMO Bunker Rules to Provide Major Challenges to Anode Coke Markets
"Don't Do Me Like That" – IMO Bunker Rules to Provide Major Challenges to Anode Coke Markets
Turner Mason and Cascade Resources, having analyzed this market some 20 months ago in consort with AZ China, concluded at that time a looming major deficit in this critical raw material, necessary for the production of primary aluminum.
26 Jul 2017
Samskip to Acquire Nor Lines
Samskip to Acquire Nor Lines
The transaction includes terminal activities in Norway, warehousing, and haulage services.
26 Jul 2017
Oil Faces "Mission Impossible" With Sub $60/bbl Prices Through 2020, Demand Peak by 2024
Oil Faces "Mission Impossible" With Sub $60/bbl Prices Through 2020, Demand Peak by 2024
Libya, Nigeria, and U.S. shale are again cited as the stumbling blocks to OPEC's attempt at a market rebalance.
26 Jul 2017
Refiners' Inaction Over 2020 Will Create an Opportunity for Big Traders: KBC
Refiners' Inaction Over 2020 Will Create an Opportunity for Big Traders: KBC
"There will not be an additional 4 million barrels per day of MGO available to meet demand in 2020, but there doesn't need to be," Stephen George, Chief Economist at energy consultancy KBC tells Ship & Bunker.
26 Jul 2017
Newbuild Orders Fall Sharply Despite Uptick in 1H 2017 Tanker, Bulker Orders
Newbuild Orders Fall Sharply Despite Uptick in 1H 2017 Tanker, Bulker Orders
"The overall number of orders placed has more than halved when compared to the same period in 2015," said VesselsValue.com.
25 Jul 2017
Future-Ready Shipping 2017 Conference to Address Gap Between Sustainable Ship Tech and Its Uptake
Future-Ready Shipping 2017 Conference to Address Gap Between Sustainable Ship Tech and Its Uptake
The conference will be held from September 25-26, 2017 at the Grand Copthorne Waterfront Hotel in Singapore.
25 Jul 2017
MOLSHIP Acquires Latest ClassNK Certification for Environment and Energy Management Systems
MOLSHIP Acquires Latest ClassNK Certification for Environment and Energy Management Systems
MOLSHIP initially acquired ISO14001: 2004 and ISO50001: 2011 certifications from ClassNK in July 2014.
25 Jul 2017
2020 Sulfur Cap Will See More Contract Bunker Business, Spur Shift to Smarter Bunker Buying: Inatech
2020 Sulfur Cap Will See More Contract Bunker Business, Spur Shift to Smarter Bunker Buying: Inatech
"If your entire bunker buying process hinges on the negotiating decisions of a few people, you're not taking it seriously," said Sharma.
25 Jul 2017
GTT Draws Attention to Gravity Based LNG Bunkering System
GTT Draws Attention to Gravity Based LNG Bunkering System
The company first presented the gravity based subsea storage solution at the Gastech Exhibition & Conference in early April 2017.
24 Jul 2017
Killini Port Highlights Progress Toward Shore Power
Killini Port Highlights Progress Toward Shore Power
The event placed specific emphasis on the environmental, social, and economic benefits aimed for through the implementation of electrification technologies.
24 Jul 2017