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SEA\LNG Adds Three New Members

Bureau Veritas, Clean Marine Energy, and Gas Natural Fenosa are the latest to join the cross-industry coalition aimed at promoting LNG as marine fuel.

T&E Welcomes Shipping Industry Calls for Inclusion of Shipping in European ETS

T&E has repeatedly called for shipping's inclusion in the EU Emissions Trading Scheme as part of efforts to reduce the transport sector's overall emissions.

Panama Posts 25% Rise in Bunker Sales Over Last 2 Years

2016 bunker sales for all products totalled just over 4 million mt, according to the latest preliminary data from The Panama Maritime Authority.

Compliance Slippage and All-Out Production Resumption May be Inevitable: IHS Energy

Summer oil demand will sorely test the resolve of OPEC cutback participants, say experts.

Oil Benchmarks Edge Up

Bunker prices were firmer in the primary ports.

World Fuel Services Posts Full Year 2016 Bunker Volumes of 31.4 Million MT

CFO Ira M. Birns says restructuring efforts within its marine segment are now "95 percent complete."

Container Feeder Ship to Receive Conversion for LNG-Propulsion

Wessels Reederei's MV Wes Amelie is set to be converted to dual fuel propulsion in May.

K Line CO2 Reduction Targets Certified as "Scientifically Consistent" with Paris Agreement

K Line has obtained certification from SBTi, and has set its interim target to reduce CO2 emissions by 10 percent for 2019.

Fear of Drastic Market Downturn Resurfaces in Wake of OPEC Non-Member Cutback Compliance Said to Be Only 48 Percent

Meanwhile, U.S. shale builds contribute to speculators cutting net long positions on Brent.

OPEC Raises 2017 Oil Demand Growth Forecast as U.S. Shale Production Expected to Jump Again in March

But OPEC's forecast is still less than its numbers for 2016.

Baltic Dry Index Falls Below 700 Mark as Index Cool Down Continues

The Baltic Dry Index lost 14 points to land at 688 on Monday.

"Exciting Times" Ahead for OceanConnect Marine in 2017: Rose

"We can look forward to bringing in some key commercial people over the next 12 months," Chief Commercial Officer Daniel Rose tells Ship & Bunker.

Oil Prices Start the Week Soft

Some critics are now skeptical that production cuts will deliver higher oil prices.

EQUATE and Maersk Line Pen Agreement to Slash Shipping Emissions

The agreement will support the goal of reducing EQUATE's CO2 emissions per container transported with Maersk Line by 15 percent from 2017 to 2020.

Brightoil Expecting Bunker Performance to Help Lift 2H 2016 Profits

The company cites increases in both bunker sales volume and margins, among other factors, for the expected growth in profit.

ISO Publishes New Standard for Safe LNG Bunkering

"A new ISO standard will ensure LNG-fuelled vessels can bunker in a safe and sustainable way," says ISO.

New Tanker Type to Deliver "Clean and Cheap" LNG Bunkers, Says CRYO Shipping

CRYO Shipping says it is aiming to become the world's first and largest LNG feeder and bunker vessel operator.

Genoil and Bomin Partner on 2020-Compliant Bunkers

Under the MoU, the two companies will work together to develop a framework agreement for the supply of compliant low sulfur products.

Longevity of OPEC Deal Questioned as Venezuela Woes Worsen

The cartel and its members are falling under increasing scrutiny from the analytical and business worlds.

"OPEC Oil Cuts Are Holding, But The Demand is Not There": Analyst

"If [oil] trips to $50 a barrel stops, I think it could really tumble very quickly," says BK Asset Management.

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