World News

HHI Announces Bunker-Saving Integrated Smart Ship Solution
HHI Announces Bunker-Saving Integrated Smart Ship Solution
HHI says Integrated Smart Ship Solution is the "first of its kind" in the shipbuilding industry.
24 Jul 2017
TORM Purchases Four Fuel-Efficient MR Vessels
TORM Purchases Four Fuel-Efficient MR Vessels
The vessels are slated for delivery in 2019 under the agreement, which includes an option for four more.
24 Jul 2017
Charges that OPEC Has No Plan to Reduce Glut Come Amid Reports that Venezuela is on Brink of Collapse
Charges that OPEC Has No Plan to Reduce Glut Come Amid Reports that Venezuela is on Brink of Collapse
Meanwhile, non-compliant UAE sends message that better times may be imminent.
24 Jul 2017
L'Astrolabe Becomes First Ship with IMO Tier III EIAPP Certified Wärtsilä Engines
L'Astrolabe Becomes First Ship with IMO Tier III EIAPP Certified Wärtsilä Engines
The polar logistics vessel features a complete Wärtsilä propulsion machinery package and Wärtsilä NOR SCR exhaust gas cleaning systems.
21 Jul 2017
By 2020 Ships Will Have Option to Desulfurize HFO Onboard to Meet 0.50% Sulfur Regs, Says Oil Tech Company
By 2020 Ships Will Have Option to Desulfurize HFO Onboard to Meet 0.50% Sulfur Regs, Says Oil Tech Company
"Scrubbers aren't the only answer," IUT President and CEO Jim Van Wert tells Ship & Bunker.
21 Jul 2017
Oil Fades After Choppy Trading
Oil Fades After Choppy Trading
Bunker prices were somewhat stable in the primary ports.
20 Jul 2017
Jonathan Mcilroy Appointed President of Aegean
Jonathan Mcilroy Appointed President of Aegean
"Aegean has established a global platform with a reputation for high-quality customer service and I am honored to serve as President," says Mcilroy.
20 Jul 2017
Euronav Quantifies Bunker Savings with Hempel Hull Monitoring Service
Euronav Quantifies Bunker Savings with Hempel Hull Monitoring Service
Euronav has since decided to apply Hempaguard X7 to two more vessels – the VLCC Sandra and the Suezmax Maria.
20 Jul 2017
Weekly Vessel Scrapping Report: 2017 Week 27
Weekly Vessel Scrapping Report: 2017 Week 27
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 13 – July 19, 2017.
20 Jul 2017
Shell Marine to Supply Integrated Lube Services to World's Largest Box Ship
Shell Marine to Supply Integrated Lube Services to World's Largest Box Ship
Shell Marine says it will provide OOCL with integrated marine solutions, including lubricants and services for OOCL Hong Kong.
20 Jul 2017
DNV GL Develops New NOx Tier III Compliance Guide
DNV GL Develops New NOx Tier III Compliance Guide
The new brochure offers guidance on the considerations that DNV GL says should be incorporated at the newbuilding stage.
20 Jul 2017
Know Your Counter Party: Gazpromneft-Lubricants
Know Your Counter Party: Gazpromneft-Lubricants
"We believe that Gazpromneft-Lubricants will be among the Top 10 major marine lubricant suppliers and will gain at least 10% of the global market by 2025," Marine Oil Business Director Roman Miroshnichenko tells Ship & Bunker.
20 Jul 2017
Glander International Bunkering Relocates Trader from Singapore to Dubai
Glander International Bunkering Relocates Trader from Singapore to Dubai
GIB says the move will enable its team in Dubai to benefit from Guyson's expertise within Asian ports.
20 Jul 2017
Russian Vow to Help OPEC Achieve Market Rebalance Comes Amid Predictions of U.S. Shale Keeping Crude Prices in the $50s
Russian Vow to Help OPEC Achieve Market Rebalance Comes Amid Predictions of U.S. Shale Keeping Crude Prices in the $50s
Once again, the $50s are regarded as a number bordering on bullish.
20 Jul 2017
Crude up Again Amid Drop in U.S. Stocks and Indifference to Saudi Export Cut Rumours
Crude up Again Amid Drop in U.S. Stocks and Indifference to Saudi Export Cut Rumours
The stocks reduced despite a rise in U.S. production, according to the Energy Information Administration.
20 Jul 2017
Maxum Petroleum Adds New Barge to Bunker and Lube Fleet
Maxum Petroleum Adds New Barge to Bunker and Lube Fleet
Meanwhile, another addition to Maxum Petroleum's fleet is currently under construction - a 150,000-gallon bunkering tanker named Global Provider.
19 Jul 2017
Bureau Veritas and Ascenz Ink Agreement to Provide Bunker-Saving Performance and Monitoring Solutions
Bureau Veritas and Ascenz Ink Agreement to Provide Bunker-Saving Performance and Monitoring Solutions
Specifically, the agreement will enable Bureau Veritas to offer Shipulse, Ascenz's solution for real time ship performance and monitoring.
19 Jul 2017
The Industry is Woefully Unprepared for 2020 and Just Sleepwalking into Gasoil: Inatech
The Industry is Woefully Unprepared for 2020 and Just Sleepwalking into Gasoil: Inatech
"While I understand the intellectual argument for BAFs, I just don't think you can sit back and rely on them as a way to pass those 2020 costs onto your customers," Inatech's Alok Sharma tells Ship & Bunker.
19 Jul 2017
Rise in Crude Stockpiles Dampens Tuesday Market Gains, But Still "Bullish" Hope for $55 WTI
Rise in Crude Stockpiles Dampens Tuesday Market Gains, But Still "Bullish" Hope for $55 WTI
Also, hedge fund bets on a declining WTI are retreating.
19 Jul 2017
Positive Rumours of Further Saudi Export Cuts Dampened By Ecuador Ditching OPEC Deal
Positive Rumours of Further Saudi Export Cuts Dampened By Ecuador Ditching OPEC Deal
Meanwhile, Venezuela's PDVSA is said to be on Its last legs.
19 Jul 2017