World News

Carnival Highlights Strategy Toward More Efficient Vessels with Launch of Latest Newbuild
Seabourn Encore is noted to be the first of three new ships set to enter service in 2017 across three of Carnival's 10 global cruise brands.
17 Jan 2017
Gener8 Maritime Takes Delivery of New Bunker-Saving VLCC
Gener8 Hector is the nineteenth of 21 ECO VLCCs slated for delivery to Gener8 Maritime.
16 Jan 2017
EMICERT Receives Worldwide Accreditation Certificate for MRV Assessment Services
The accreditation enables EMICERT to provide assessment services for ships' monitoring plans to ensure compliance with EU MRV requirements.
16 Jan 2017
New Bunker Regs and Ballast Rules a "Win" for Shipowners with Younger Vessels: UBS
60 percent of owners surveyed for the UBS report say they expect to scrap their older vessels in response to new regulations.
16 Jan 2017
Demand for Low Sulfur Bunkers in 2020 Will Be Higher Than Previous IEA Estimates, New Survey Suggests
The figure comes as the result of a new UBS survey on marine transport, which focuses on the effects new regulations may have on shipping.
16 Jan 2017
2017 Will be a Healthy Year for the Bunker Industry: Muhtaroglu
"Only good service providers who respect their clients will be long term actors, the rest will disappear," the Energy Petrol founder tells Ship & Bunker.
16 Jan 2017
"Significant" Oil Supply-Demand Gap is Again Cited at Abu Dhabi Energy Conference
IEA's Fatih Birol warns that the shortage could come as early as in three years' time.
16 Jan 2017
Without Rate Increases, Further Bankruptcies and Consolidation Ahead for Box Carriers: Former HMM Exec
David Arsenault, HMM's former CEO for the Americas, suggests new mega alliances must ensure container freight rate increases.
16 Jan 2017
OPEC Rhetoric at Abu Dhabi Not Enough to Prevent Worst Market Slide Since November
Everything from troubling economics in China to rising global production were cited as the reasons for the losses.
13 Jan 2017
Stena Bulk Holds Naming Ceremony for Bunker-Saving Newbuild
The fuel efficient vessel is said to offer fuel consumption levels of about 10-20 percent lower than that of equivalent vessels when sailing at service speed.
13 Jan 2017
U.S. Court Orders Two Greek Shipping Companies to Pay $2.7 Million for Oily Waste Dumping
The companies were sentenced in relation to illegal discharges of oily waste from M/V Ocean Hope into the Pacific Ocean last year.
13 Jan 2017
Gold Star Exec Expects Further Intra-Asia Box Rate Increases on Bunker Price Growth
Danny Hoffmann of Gold Star Line says there is no space for further cost increases in current market conditions.
13 Jan 2017
Saudis, Kuwait, Algeria Report Cutbacks by More Than Promised in Advance of Vienna Compliance Meeting
However, in advance of any hard facts it's unclear whether compliance with OPEC's agreement has truly been achieved
13 Jan 2017
Weekly Vessel Scrapping Report: 2017 Week 1
Weekly Vessel Scrapping Report: 2017 Week 1
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from January 5 – January 11, 2017.
12 Jan 2017
Corvus Reports "Resounding Interest" in Bunker-Saving Orca ESS
Corvus says the order book for Orca ESS has exceeded 9 MWh in less than 6 months following the technology's launch.
12 Jan 2017
Panama Approves New Japanese Scrubber System on K Line Vessel
The hybrid SOx scrubber system has been tested onboard K Line's Panama-flagged large-scale car carrier Drive Green Highway.
12 Jan 2017
New Study Shows Wind Technologies Provide "Significant" Potential for Power Savings in Shipping
The study examined the use of various wind technologies for wind-assisted commercial shipping.
12 Jan 2017
TOTAL Marine Fuels to Rebrand as it Moves to Offer a Full Range of Compliant Bunker Fuels
"From 2017 TOTAL Marine Fuels will become 'TOTAL Marine Fuels Global Solutions'," Managing Director Olivier Jouny tells Ship & Bunker.
12 Jan 2017
OOCL May Become the Latest Box Carrier to Be Swallowed by Consolidation Wave
Alphaliner notes OOIL has seen its share price grow by 20 percent since January 1, 2017, spurring on speculation that OOCL is an acquisition target.
12 Jan 2017
Trump Comments Help Crude Prices to Near 3% Increase
Bunker prices were firming in the primary ports.
11 Jan 2017