World News

OPEC Freeze Expectations Still Drive the Oil Markets Today
Bunker prices were firm again today.
16 Aug 2016
Wärtsilä Unveils Latest Bunker Saving Hybrid Design
The technology is said to provide "significant" energy efficiency gains compared to conventional systems.
16 Aug 2016
Expandable LNG Fuel Tank to Offer Five Times More Capacity Than Existing Models
Kawasaki's new box-shaped LNG fuel tank is able to carry between 2,000 cbm to 10,000 cbm of LNG.
16 Aug 2016
TSA Defends "$228M Overcharge" Bunker Cost Calculation
"The Panama Canal expansion has only just opened so it's a little early to be making assumptions about how it will impact carrier's bunker costs," TSA tells Ship & Bunker.
16 Aug 2016
Crude Prices Continue to Rise
Forecasters are still predicting an active Atlantic Hurricane season and all it will take is some strong winds for oil prices to move even higher.
15 Aug 2016
Yahoo Explains Why "Legacy" Messenger is Still Working
Having said the "old" system would stop working on August 5, 2016, "Legacy" Messenger will now no longer work as of August 31, Yahoo tells Ship & Bunker.
15 Aug 2016
Bourbon Suspends Dealings With Monjasa Over Nigeria "Illegal Bunkering" Ruling
The Paris-headquartered company cites "Compliance rules" as the reason for the move.
15 Aug 2016
NCL Q2 Bunker Costs Decrease 15.9%
But market volatility lead to a loss of $3.2 million from the "ineffective portion" of its bunker hedging portfolio.
15 Aug 2016
Kenyan Cabinet Approves Bid To Pump Oil Commercially By 2017
An estimated 750 million barrels of recoverable reserves will be tapped starting next summer.
15 Aug 2016
Competitively Priced, ECA Compliant, Sustainable Biofuel Bunkers Will be a Reality in the Near Future
"Developing the first of anything is always going to cost more," Chuck Red, Vice President at Applied Research Associates tells Ship & Bunker.
12 Aug 2016
Intertek ShipCare Launches New Flagship Investigative Service Focused on New "Non-Traditional" ECA Fuels
The new Intertek ShipCare PT5 Organic Deposition initiative is designed to identify potential issues with the stability and compatibility of all marine fuels.
12 Aug 2016
Bunker Saving Antifouling Solution Selektope Launched Into Mainstream Market
CMP says Selektope is now available to the mainstream market through its new generation SEAFLO NEO product line.
12 Aug 2016
ABB Highlights 1-Year ROI from Bunker Saving Performance Management Software
ABB says its integrated systems and software can provide ship operators a return on investment within a year.
12 Aug 2016
GAC Hails its "New Generation" of Bunker Traders
GAC Bunker Fuels says its mentoring programme is helping the bunker trading and brokerage business to grow in the face of "challenging" market conditions.
12 Aug 2016
Crude Bounces Back After 2 Days of Loses
Bunker prices were quite firm in the primary ports.
11 Aug 2016
Port of Rotterdam Supports New Oil Absorbing "Sponge"
OCRS has developed a liquid polyurethane solution that acts as a composite "sponge" to absorb oil and is suitable for use on bunker spills.
11 Aug 2016
Weekly Vessel Scrapping Report: 2016 Week 31
Weekly Vessel Scrapping Report: 2016 Week 31
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from August 3 – August 10, 2016.
11 Aug 2016
"Desperate" Venezuela Calls For Freeze Talks Despite Critics Dismissing Them As An Empty Gesture Or Not Needed
One analyst states that only Saudi Arabia can alleviate Venezuela's economic woes.
11 Aug 2016
IBIA Members Push for Transitional Issues Associated with 0.50% Global Sulfur Cap to Be Raised at IMO
Some members argue that the 2020 date could present a "huge risk" that the 0.50% cap will be widely ignored.
11 Aug 2016
Crude Falls for Second Day
Bunker prices were softer in the primary ports.
10 Aug 2016