World News

Crude Down After a Choppy Day
Bunker prices were volatile throughout the day.
16 Nov 2016
Terntank Takes Delivery of Third of Four LNG-Powered Tankers
Terntank has announced the delivery of the 15,000 DWT dual-fuelled chemical tanker Tern Sea.
16 Nov 2016
GE Signs Multilateral MoU for Development of World's First LPG-Powered COGES Ship
Under the agreement, GE Aviation's marine gas turbine business will supply the COGES system to provide all of the ferry's power, including propulsion.
16 Nov 2016
TOS Bunkering Orders Four Newbuild Tugs
DeloPorts says TOS signed an agreement with Damen for the four new vessels.
16 Nov 2016
Wärtsilä Defends GHG Credentials of LNG Bunkers
The comments come in response to Ian Adams' recent suggestion that LNG bunkers could actually be worse for the environment than burning HFO.
16 Nov 2016
Container Market Consolidation Means Bunker Market Contraction, Tolson Warns
"2017 promises to be a difficult year for those trying to repeat 2016 sales volumes," says the 20|20 Marine Energy Senior Partner.
16 Nov 2016
DNV GL Warns on Potential for LNG Bunker Quality Issues Leading to "Engine Damage and Failure"
"The consequences of mismatching fuel quality to a specific ship engine can cause potentially dangerous effects," says DNV GL Senior VP Liv Hovem.
16 Nov 2016
OPEC Chatter Helps Crude to 6% Gains
Bunker prices were firmer in the primary ports.
15 Nov 2016
Sea Trials Completed on SOx Scrubber Water Treatment System
EnSolve Biosystems says sea trials of its EnScrub system have been completed onboard a vessel operating in the Baltic Region.
15 Nov 2016
DuPont: 20% of the Global Fleet Could Have Scrubbers Installed by 2025
"It is expected that HFO with a higher sulfur content will become significantly less expensive compared to low sulfur fuel oil over time," says DuPont.
15 Nov 2016
OPEC Reports Record Oil Output as 2017 Surplus Fears Grow
IEA has also suggested the glut could last through 2017, having raised its forecast for non-OPEC output growth next year.
15 Nov 2016
Silverstream Says Latest Order Highlights Industry Pressure for Bunker Savings
Silverstream says it has signed a contract to retrofit its air lubrication technology on a major cruise line's vessel.
15 Nov 2016
Crude Benchmarks Make a Depressed Start to the Week
Bunker prices were soft during the morning hours but firmed up as the close approached.
14 Nov 2016
ExxonMobil Insight: Part 3 - ECA Fuels Storage and Handling [ Video ]
In this third video of the series, ExxonMobil discusses issues such as ECA fuel sensitivity to cross contamination with 3.5% max sulfur non-ECA fuels.
14 Nov 2016
IBIA CEO Peter Hall to Step Down
Hall, who has served as IBIA CEO for three years, says he has decided to retire.
14 Nov 2016
LNG Bunker Barge Construction Leaves Shipyard with $12.5 Million Loss
The news came as part of the company's financial report for Q3 2016 and the nine month period ending September 30, 2016.
14 Nov 2016
Dan-Bunkering Hires New Trader to Middlefart Office
Frederik Moser will fulfill the role of Bunker Trader, effective September 12, 2016.
14 Nov 2016
Build in Floating Storage Seen as Another Sign That Market Rebalance May Not Be Forthcoming
However, the build is still less than a 105 million barrel peak last June.
14 Nov 2016
Yara Scrubbers to "Future Proof" Four North Sea Container Vessels
Yara says it will supply the scrubber systems to four container feeder vessels, set to be operated by German ship manager Jüngerhans.
14 Nov 2016
ABB Signs Green Ship Agreement with Chinese Yard
ABB says the agreement with Wuchang Shipbuilding will enhance the two companies' cooperation on the development of "greener," energy efficient ships.
11 Nov 2016