World News

Maersk Line and Hamburg Süd Sale and Purchase Agreement Receives Board Approvals

The €3.7 billion acquisition still remains subject to regulatory approvals.

28 Apr 2017

Update - Bunker Jobs: Integr8 Fuels Seeking Trader/Broker

Integr8 Fuels is one of the fastest growing bunker trader/brokers in the market.

28 Apr 2017

Crude on Thursday Drops to 4 Week Lows, But The IEA Warns of Impending Price Spikes, Tightening Supplies

The agency reports record drops of new discoveries and investment.

28 Apr 2017

What Does IMO's 0.50% Sulphur Cap Decision Mean for the Bunker Supply Chain?

The 0.50% sulphur cap on marine fuel from 2020 is arguably one of the industry's most defining moments since the shift away from coal.

28 Apr 2017

Weekly Vessel Scrapping Report: 2017 Week 16

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

27 Apr 2017

Petrol Bunkering & Trading Clarifies Group Restructuring Process

The comment comes on the heels of news that the company's Hamburg-located branch office will cease operations, effective May 1, 2017.

27 Apr 2017

LNG-Fuelled Ships to More Than Double by 2020: Energy Aspects

Energy Aspects suggests the number of LNG-fuelled vessels will grow to 200 by 2025, compared to 77 in 2016.

27 Apr 2017

Peter Hall Joins Digital Bunkering Group Vortex Development as European Business Development Liaison

"There is no question that the future of the bunker industry is a digital one," Hall tells Ship & Bunker.

27 Apr 2017

Glut Fears Grow with US Refineries Operating All-Out Despite "Lackluster" Demand

Meanwhile on the international front, Russia says it could raise production later in 2017.

27 Apr 2017

Abu Dhabi Investment Authority Among Those Predicting Sub $40/bbl Oil if OPEC Doesn't Extend Output Cuts

But Pierre Andurand dismisses the "frustrating" market and foresees a rebound.

27 Apr 2017

ABB: Shipping Headed for "End of the Diesel Engine Epoch" [VIDEO]

The news comes alongside ABB's launch of its Shipping 4.0 concept - the theme for ABB's annual customer publication.

27 Apr 2017

Petrol Bunkering & Trading to Close German Office

The company's Hamburg-located branch office will cease operations, effective May 1, 2017.

27 Apr 2017

Oil Prices Bounce Back After Early Slump

Bunker prices were volatile throughout the day.

26 Apr 2017

Eco Marine Power and Partners to Offer Renewable Energy Solutions to Offshore Industry

The products and solutions will feature marine solar power, batteries, integrated monitoring systems, and engineering and design services, says EMP.

26 Apr 2017

Shell Marine Launches New Lube Management Programme

The MILES programme features new purchasing options, services, and a wide range of lubricant products to support customers' operational concerns.

26 Apr 2017

Høglund Marine to Provide Supply Automation Systems to Bernhard Schulte LNG Bunker Vessel

The system to be provided by Høglund is set to include the power management system of the bunker vessel.

26 Apr 2017

Efficiency Measures and "Solid" Bunkering Margins Helped NuStar to "Strong" Q1

For the first quarter of 2017, NuStar recorded an EBITDA result of $154.1 million.

26 Apr 2017

Crude Prices Make Small Gains

Bunker prices were mostly stable in the primary ports.

25 Apr 2017

Total Lubmarine Announces New Feed Rate Optimisation Offering

The service is said to have been launched in response to customer needs for a more sophisticated approach to long-term engine maintenance via monitoring.

25 Apr 2017

"Interesting Time Ahead" for Cost Effective LNG Bunker Distribution Tech, Says LNG Network Norway

There will be "new cost effective technical concepts in the whole value chain," Egil Rensvik tells Ship & Bunker.

25 Apr 2017