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Construction Begins on World's First Battery-Powered Expedition Cruise Ship

The hybrid battery-powered MS Roald Amundsen is being built at Norway's Kleven Verft shipyard for Hurtigruten.

Carnival Marks Completion of Scrubber Installation on 60 Vessels

Carnival says the installation schedule for remaining vessels will be forthcoming.

Crude Flat as Concerns Raised Over a Record Number of Bullish Bets

Bunker prices were stable to firm in the primary ports.

CWR and UMAS Warn of Rising Risk to Banks as Shipping Deals with Tightening Emission Regs

The organisations say the onset of climate policies by 2023 will pose risk to the banks that hold approximately $400 billion of the world's shipping debt.

Brightoil's Fuel Oil Sales Grow 38% for 2H 2016

Overall, Brightoil's total revenue during the period saw an increase of about 44 percent.

Ambitious CO2 Reduction Objectives Will Only Be Achievable With Alternative Marine Fuels Which Do Not Yet Exist: ICS

ICS says widespread availability of alternative bunkers such as hydrogen or fuel cells is not expected "for at least another 20 or 30 years."

ICS Sets Out CO2 Reduction Plan for Shipping, Warns Industry Could be Vulnerable to Regional Action

ICS Chairman Esben Poulsson says he is "confident" IMO can adopt an ambitious reduction Strategy by 2018.

U.S. Court Convicts Two Chief Engineers in Relation to Oily Waste Discharge

Two chief engineers of the vessel T/V Green Sky have been convicted of falsifying documents to conceal illegal discharges of oily bilge waste.

MOL to Purchase Bunkers and Lubricants Through New Bunker Business Office

The office will also establish policies for the comapny's bunker procurement in accordance with regulations, such as those that relate to SOx emissions.

Non-OPEC Oil Cutback Compliance "at Least 60%", While US Exports Continue at Record Highs

One analyst says OPEC "have to be concerned with U.S. oil producers eating into their market share."

Crude Makes Gains Despite Build in Crude Supplies

Bunker prices were firmer in the primary ports.

Weekly Vessel Scrapping Report: 2017 Week 7

Weekly Vessel Scrapping Report: 2017 Week 7

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 16 – February 22, 2017.

Corvus Energy Adds Liquid-Cooling Option to Orca ESS Offering

Orca LQ is said to been designed to specifically meet the demanding requirements of extreme environments and ultra high performance use cases.

Are Compliance Officers the Next "Must Have" for the Bunker Industry?

"What we are seeing from bunker buyers is they want to make sure they are dealing with a compliant counterparty," Monjasa's Thorstein Andreasen tells Ship & Bunker

Crude Falls as Market Expects Big Builds in Crude Inventories Tomorrow

Bunker prices were softer in the primary ports.

Baltic Dry Index Returns Above 800 as Industry Analysts Suggest Market is Ready for Recovery

The Pacific basin is said to be seeing growing enquiries and activity following the conclusion of Chinese New Year festivities.

Grindrod Bunker Barge Business Provides Support to 2016 Financial Results

Grindrod says that it expects a loss between R 455 million ($34.81 million) and R 465 million ($35.58 million) for the year to December 31, 2016.

OPEC: Anything Less Than 100 Percent Compliance in Oil Cutback Deal Is Not Satisfactory

But the key question is how long the deal will be in place, with ABN Amro Bank warning a failure to extend it could send oil back into the $30's.

Positive OPEC Comments Lift Prices 1%

Bunker prices were firmer in the primary ports.

Citi Eyes $70 Oil in 2017, but Saudi Says It Doesn't Believe in Rapid Crude Price Changes

Meanwhile, Oil Search managing director Peter Botten is the latest voice who says "I don't see much happening to the oil price in 2017."

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