World News

Scrubbers Will Only Get More Expensive, Not Cheaper, As 2020 Draws Closer
Shipowners waiting for scrubber prices to fall "will be surprised to find the total opposite when they eventually buy the systems," CROE COO Nick Confuorto tells Ship & Bunker.
13 Feb 2017
Slowdown in Newbuild Orders Hits Bunker Saving Hull Coatings Player
However, while Jotun's overall sales in Marine Coatings were down in 2016 compared to 2015, demand for Jotun's Hull Performance Solution grew.
10 Feb 2017
Baleària Aims for Bunker Savings in Latest Vessel Repowering Project
Jaume II's four main engines replaced with engines that are 10 percent more efficient and reduce NOx emissions by over 70 percent, says Baleària.
10 Feb 2017
Recycled Bunker Firm Hails Successful First Full Year of Operation
"The year was marked by many successes despite a volatile market environment," commented Vincent Favier, the company's CEO and Chairman.
10 Feb 2017
Zeaborn to Acquire Business of Rickmers' Bunker and Chartering Broker MCC
Zeaborn signed a deal to acquire the business operations of Rickmers Holding AG's liner service Rickmers-Linie as well.
10 Feb 2017
Iran Takes Market Share From OPEC And Others "Not Fully Complying" With Oil Cut Deal
Algeria, Venezuela, and Iraq exceeded their production allotment for January.
10 Feb 2017
Sing Fuels Starts Cambodian Bunkering Operations in Anticipation of Traffic from Singapore Bypassing Kra Canal
Sing Fuels will offer 180 CST via truck to ship deliveries, as well as low sulfur MGO of a maximum 0.05 percent sulfur at the Cambodian port of Sihanoukville.
10 Feb 2017
Crude Prices Continue to Rise
Bunker prices were firmer in the primary ports.
9 Feb 2017
Bunkernet: We're Entering a New Era of Growth
The declaration comes as the Cyprus-based bunker player celebrates its 10-year anniversary with a rebranding campaign and new website.
9 Feb 2017
Weekly Vessel Scrapping Report: 2017 Week 5
Weekly Vessel Scrapping Report: 2017 Week 5
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from February 2 – February 8, 2017.
9 Feb 2017
IBIA Announces New CEO, Justin Murphy
Murphy has been appointed to the role effective February 13, 2017.
9 Feb 2017
We Need a Constitution of the Bunker Industry, Says Muhtaroglu
The Industry needs a Code of Ethics that should be part of all bunker sales Terms and Conditions, the Energy Petrol founder tells Ship & Bunker.
9 Feb 2017
Oil Stuck at $30-$60 Is in Line With Long Term Historical Average: Morgan Stanley
Ruchir Sharma also says that Trump's border-adjusted corporate tax could significantly impact market internals.
9 Feb 2017
WSS Urges Ship Operators to Utilise Onboard Bunker Testing
WWS says that while onboard fuel testing provides an obvious solution to fuel quality issues, statistics show that such processes are underutilised.
9 Feb 2017
HMM Set to Post Losses Through to Mid-2018 While Financial Situation Improves
HMM says it plans to order newbuild vessels to meet new emission regulations once it achieves a turn around to profit.
9 Feb 2017
Shell Inks Another LNG Bunker Supply Deal
"This agreement shows the continued momentum of LNG as a fuel option," said Lauran Wetemans, Shell's General Manager Downstream LNG.
9 Feb 2017
Crude Prices Creep Up
Bunker prices were firmer in the primary ports.
8 Feb 2017
EMP to Examine Bunker Savings Through New Study on EnergySail and Aquarius MRE Tech
The study will examine areas including fuel consumption, emission reductions, energy storage options, among others.
8 Feb 2017
Manufacturing of PGT's First ENVI-Marine Exhaust Gas Scrubber Completed
The system is slated for installation on Union Maritime chemical tanker Westminster.
8 Feb 2017
Bunker Tanker Runs Aground in Danube Near Vienna
The vessel is said to have been carrying 289 tonnes of fuel when it struck a stone dam and sustained underwater breaches in its hull.
8 Feb 2017