World News

OPEC Statement on Cutback Extension Frustrates Analysts, Causes Further Market Declines
More price drops are anticipated by experts.
28 Mar 2017
Know Your Counter Party: Bunkernet
Know Your Counter Party: Bunkernet
Ship & Bunker talks to Nicholas Argyrou, Bunkernet's General Manager, as the company celebrates 10 years in the industry.
28 Mar 2017
Kuwait Suggests OPEC Can Handle Extra U.S. Oil Output as Keystone Approval is Granted
Kuwait's oil minister also says the benefit of the initial OPEC cutbacks will be felt soon.
28 Mar 2017
Oil Prices Head Lower
Bunker prices were softer in the primary ports.
27 Mar 2017
WWL Calls for "Level Playing Field" from Shipping CO2 Regs
The company says reducing fuel consumed per unit transported is the "most efficient contribution to reduce CO2 emissions."
27 Mar 2017
Quadrise Marks Move to 24-Hour Per Day Production of MSAR Emulsion Bunkers
The announcement came as part of the company's interim financial results for the six month period ending December 31, 2016
27 Mar 2017
Former OW Bunker CEO Jim Pedersen Dies Age 57
Pedersen is understood to have been battling a long illness.
27 Mar 2017
Hull Performance & Insight Conference to Focus on New ISO 19030 Standard
Jotun and DNV GL are hosting the second HullPIC at Germany's Castle Ulrichshusen, from March 27 to 29, 2017.
27 Mar 2017
ClassNK Grants First Exhaust Gas Cleaning System Ready Notation
ClassNK issued the EGCSR-F notation to nine MOL ships.
24 Mar 2017
Hong Kong-Based Cosco Shipping Cites Bunker Sales for 2016 Revenue Boost
Cosco reports a 24 percent year on year increase in revenue.
24 Mar 2017
Analysts Now Cite OPEC Cutback Extension as Necessary to Prevent Oil's Slide into the $30s
A Sunday meeting between OPEC and some non-members may shed light on what the cartel will do next.
24 Mar 2017
Houlder Announces New "Jettyless" LNG Ship to Shore Bunkering Solution
Houlder developed the new small to mid-scale LNG distribution infrastructure with Wärtsilä and Trelleborg.
24 Mar 2017
Virgin Voyages Marks Steel Cutting of Fuel-Efficient First Ship
The vessel, one of three set to be built for Virgin Voyages by Fincantieri, will feature energy recovery to reduce overall environmental impact.
24 Mar 2017
BCL Orders Fuel-Efficient, LNG-Ready Newbuild
In addition to being made ready for conversion to LNG-propulsion, the vessel will be equipped with fuel-efficient main and auxiliary engines.
24 Mar 2017
New Report Touts Role of LNG in Cleaner Shipping
International Gas Union says strong policy responses are required from governments to support the successful uptake of LNG bunkers.
23 Mar 2017
Weekly Vessel Scrapping Report: 2017 Week 11
Weekly Vessel Scrapping Report: 2017 Week 11
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 16 - March 22, 2017.
23 Mar 2017
Saga Cruises' Newbuild to Feature Yara Marine Scrubbers
The newbuild vessel, which is slated for delivery in 2019, is set to have its four MAN engines each fitted to a Yara SOx scrubber.
23 Mar 2017
Latest ISO8217 Spec an Important New Edition Which the Industry Needs to Take Onboard: VPS
During its development, the draft version of the 6th edition of ISO8217 had drawn sharp criticism from both VPS and INTERTANKO.
23 Mar 2017
Fleet of LNG-Fuelled Vessels Hits 200
The 200 mark is reported to have been reached on March 20, when Russia's SCF ordered four 114,000 DWT LNG-powered newbuildings.
23 Mar 2017
Rising Inventories Prompt More Market Losses for Crude, but Predictions Persist of $60 Oil
The current market doldrums are attributed to "some of the air coming out."
23 Mar 2017