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Physical Suppliers Need to Stay Away from Major Bunkering Ports: Tolson

"Physical suppliers should leave the major ports for the refiners, cargo traders and those who have an obvious competitive advantage," says Tolson.

Newest Jetty at Zeebrugge to Support Growth of LNG as Marine Fuel, Suggests Fluxys

Fluxys notes that about half of the 40 ships being built for use in the English Channel, the North Sea, or the Baltic Sea are set to run on LNG.

Record High February Exports From Iraq Cause Further Market Downturns

Iraq's output adds fuel to the argument that OPEC's cutback agreement is coming apart at the seams.

2017 Could Position Dry Bulk Market for Significant Gains in 2018, Say Industry Experts

The Baltic Dry Index, reversing gains made last week, shed 23 points Tuesday, falling to 926.

Global Piracy Falls to Lowest Level Since 1998: IMB

Overall in 2016, 150 vessels were boarded, 12 vessels were fired upon, seven were hijacked, and 22 attacks were thwarted, says IMB.

Vard Set to Build Two LNG-Fuelled Ferries for Torghatten Nord

Both vessels will also feature hybrid gas-electric propulsion with battery systems in order to reduce bunker consumption and associated emissions.

Renewed Call to Include Shipping in Europe's Emissions Trading Scheme

Several industry bodies have voiced concern at the prospect of shipping being included in such regional EU rules.

Embattled Venezuela Issues $5 Billion in Sovereign Bonds, Pledges 50 Percent Stake in Citgo to Russia

Meanwhile, president Nicolas Maduro says his country is the "victim" of an economic war with opponents.

Record-Pumping Russia Latest Nation to Report Cutback Compliance

But doubt still persists whether the OPEC deal will be fully implemented.

ABB to Supply Power and Propulsion Packages to Genting Group Vessels

The package is said to support the Genting's efforts to "build the world's most modern and efficient cruise vessels."

Crude Prices Make a Sour Start to the Week

Bunker prices were softer in the primary ports.

IMO Secretary-General Urges EU Against Regional Action on Shipping Emissions

Lim says the EU's proposed regional action "significantly risks undermining efforts on a global level."

Morgan Stanley and George Economou Look to Sell Stakes in Heidmar

While Economou says the sale process "still has some way to go," a deal is reported to likely be announced over the coming weeks.

Wärtsilä to Provide Dual-Fuel Engines for LNG Bunkering Vessel

Wärtsilä has signed a LOI with ENN for the supply of Wärtsilä 34DF dual-fuel main engines for the 8000 m3 LNG bunkering vessel.

Effective Use of Big Data & Remote Monitoring

Effective Use of Big Data & Remote Monitoring

Views differ as to whether a fully-fledged Big Data strategy best serves the true requirements of vessel operators

Saudi Compliance on Cutback Deal Means Opportunities for Rival Iran and Other Producers

Iran, Iraq, and Libya boost production in December, according to a Reuters survey.

Crude Creeps Up as Worries Persist Over OPEC Cutback Compliance

The familiar question is being raised about whether the cutbacks will have any real effect on the global glut.

Gazpromneft Kicks Off Bunker Supply Agreement with First Delivery to FSUE Rosmorport Vessel

The bunkering operation saw Gazpromneft deliver 2,600 tonnes of fuel to the icebreaker Kapitan Dranitsin.

ABS Releases New Guide for LNG Bunkering

The guide outlines the requirements for the design, construction, and survey of carriers and barges fitted with dedicated LNG transfer arrangements.

After a Tough 2016, What Can The Bunker Industry Expect in 2017?

After a Tough 2016, What Can The Bunker Industry Expect in 2017?

Restructuring, the journey to 2020, rising and volatile bunker prices, and digital bunkering are all in the outlook for the coming year.

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