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Crude Down for a Second Day

Bunker prices were again softer in the primary ports.

Bureau Veritas Classes First LNG-Powered Newbuild Tanker

BV says Terntank Rederi's 15,000 DWT Ternsund is the first LNG-fuelled newbuild oil/chemical tanker to be classed by the company.

Dan-Bunkering Appoints New Sales Manager and Group Offshore Manager

Nicolai Troen is the company's new Sales Manager, while Rune Andreasen is the new Group Offshore Manager - both at the company's Copenhagen office.

Iraq, Not Saudis, Earmarked As The Likely Heavy In The September Freeze Talks

Bloomberg's Julian Lee says the country is in full-tilt expansion mode.

Pre Freeze Talk Weeks Will See Turbulent Oil Market And 10 Percent Swings: Analyst

Other experts wonder how long the market will swing between $45 and $50 with no real direction.

Wärtsilä and Gasum Partner to Develop Marine LNG Markets

The companies have signed an agreement to develop the use, distribution, and service solutions for natural gas in marine and onshore applications.

Crude Down as US Dollar Pressures Prices

Bunker prices were softening in the primary ports.

VTTI Resumes Operations at Malaysian Terminal

The Johor Port Authority had ordered VTTI to stop operations at the terminal after a bunker spill was discovered at the site Wednesday.

Venezuela, Iran Hold Oil Price Stability Talks

Venezuelan president Nicolas Maduro says further related announcements will be made in the coming weeks, but provided no specific details.

Kawasaki System Meets Tier III NOx Requirements Without Bunker Consumption Penalty

K-ECOS uses exhaust gas recirculation and emulsion fuel among other technologies.

MAN: Propulsion System Upgrade Provides Bunker Savings "Well Above" 20%

Odfjell is said to be working with MAN to upgrade the propulsion systems of 19 of their vessels.

Iran Eyes Involvement in Nicaragua Alternative to Panama Canal

Foreign Minister Mohammad Javad Zarif discussed the country's possible involvement in the project during a visit to Nicaragua on Tuesday.

Viking Cruise Vessel Marks 1,000 LNG Bunkering Milestone

Viking Line says that, through its partnership with AGA Gas, the M/S Seagas has performed its 1,000th LNG bunkering of the M/S Viking Grace.

Weekly Vessel Scrapping Report: 2016 Week 33

Weekly Vessel Scrapping Report: 2016 Week 33

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from August 19 – August 24, 2016.

Baltic Dry Index Breaks 700 Mark for Third Time Since April

The Baltic Dry Index gained 14 points Wednesday to reach 706 before swelling another 12 points to finish at 718 Thursday.

Crude Down as EIA Reports Rising US Inventories

Bunker prices were soft in the primary ports.

EU Recommends Co-Funding for Containerships' LNG-Powered Vessels

Containerships says the recommendation is a "remarkable recognition" of its environmental strategy.

Norsepower Receives €2.6 Million Funding for Bunker Saving Rotor Sail Tech

The funding is said to be intended to support R&D, including the development of the world's largest Flettner rotor.

Damen to Provide AEC Scrubbers to Marine Markets

To date AEC Systems has been mainly focused on land-based scrubber systems.

Monjasa Announces New $80 Million Credit Facility

Monjasa says the facility was arranged by its newest financial partner, Société Générale.

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