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Emulsion Bunker Fuel Firm Quadrise Hails "Substantial Progression" in 2016, Expects Commercial Operations in 2017

Quadrise's final financial results for the year ending June 30, 2016 show a loss after tax of £4.8 million, down from £4.9 million the previous year.

Bomin Linde LNG Signs Time Charter Agreement for World's Largest LNG Bunker Barge

Bomin Linde LNG will use the ship to supply marine customers and small-scale LNG terminals along the Baltic Sea coast.

Slow Demand for LNG Bunkers Sees Bomin Exit LNG Bunkering JV

"The demand for LNG has been slower than anticipated," says Bomin.

NYK Line Expecting $1.9 Billion in Extraordinary Losses

The company has estimated extraordinary losses of about ¥195 billion ($1.89 billion) for the interim period of 2016 fiscal year.

Norden: Bypassing Bunker Traders is Possible, but Not Practical

While it still needs bunker traders, Norden says it has reduced its trading volume by more than 50 percent since the collapse of OW Bunker.

VPS: Industry is Underestimating Risk from Decline in Distillate Fuel Quality

VPS' Captain Rahul Choudhuri says managing fuel quality needs have a global focus.

Crude Prices Fall Back

Bunker prices were soft in the primary ports.

T&E and Seas at Risk: Delay of 0.5% Sulfur Cap from 2020 "Unacceptable and Unjustifiable"

The NGOs point to a study which suggests that the 2020 implentation of the sulfur regulation for ships would prevent 200,000 premature deaths globally.

Royal Caribbean to Utilise Hydrogen Fuel Cell Tech in New LNG-Powered Vessels

The two new vessels are said to be slated for delivery in the second quarters of 2022 and 2024.

VPS' Warning to Bunker Buyers Over ISO8217:2016 Changes Highlighted Again at SIBCON

Removal of clause 5 would be inexcusable, VPS' Captain Rahul Choudhuri tells Ship & Bunker.

WFS: No Bunker Quality Issues from 99.7% of Deliveries

Bob Thornton, Marine Technical Director at World Fuel Services has challenged the notion that the bunker industry suffers from bunker quality problems.

Carnival Fuel Consumption Flat, Bunker Bill Falls by a Third

For the 9 months ended August 31, 2016 carnival achieved savings of $348 million year-on-year.

BP, Vitol Differ On State of Oil Market Balance

BP says market balance has been achieved, but Vitol says that is still in the future.

Crude Firm on Istanbul Energy Conference Comments

Bunker prices were firm in the primary ports.

ECSA Pushes for Action on Shipping Emissions at MEPC 70

The call came as ECSA welcomed news that ICAO had reached an agreement on a market-based measure to control the aviation industry's GHG emissions.

IMO Fuel Availability Study "Flawed," Says BIMCO

BIMCO says the study is not sufficient to determine adequate availability of low sulfur fuel should a 0.50 percent global sulfur cap be implemented in 2020.

Oil Prices Won't Break Out Anytime Soon and May Drop Further: Analysts

One expert says oil will stay between $50 and $55 throughout 2017.

Brightoil Implements New Phase of Digital Online Strategy

The latest phase includes an updated website, and combines the company's e-commerce platform with a newly updated mobile app.

Thun Tankers Orders Four Next Generation Bunker-Saving Vessels

The company says the fuel efficient chemical tankers will be built to accommodate the retrofit of LNG-propulsion in the future.

Iraq has "Thrown A Spanner In The Works" Of the OPEC Output Deal: Energy Aspects

Energy Aspects says a stymied deal could mean oil below $40 by year end.

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