World News

Surplus Prompts Predictions $40 Oil, Warnings That Q2 Will Be The Best For The Foreseeable Future

BNP Paribas and JBC Energy predict $40 oil due to production recovery in other countries.

25 Jul 2016

IMO Energy Efficiency Measures Workshop Held in Morocco

The workshop, held from July 19-21, was organized under IMO's GloMEEP project, of which Morocco is one of the 10 lead pilot countries.

22 Jul 2016

Weekly Vessel Scrapping Report: 2016 Week 28

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from July 14 – July 20, 2016.

21 Jul 2016

Barclays Raises Medium Term Oil Price Outlook, But "Crexit" Threatens to Trigger Another Financial Crisis

Pessimistic analysts warn that a mass exit of lenders from credit markets, the so-called "crexit", could seriously derail any gains for crude.

21 Jul 2016

Costa Cruises Reduces Energy Consumption by 4.8%, Carbon Footprint by 2.3%

Costa Cruises announced the achievement Tuesday upon the release of its latest sustainability report.

21 Jul 2016

The End of Legacy Yahoo Messenger: The Bunker Industry Says It's Moving to Skype

Several players tell Ship & bunker that they're switching to Skype, but most stress they'll need to use multiple platforms to support their customer's needs.

21 Jul 2016

EIA Report Lifts Crude Prices

Bunker prices were firm to stable in the primary ports.

20 Jul 2016

Recruiting and Retaining Top Talent at Sea

A recent IMO study revealed that the current officer shortfall stands at about 16,500 officers and if trade increases, this may get worse.

20 Jul 2016

Oil Prices Will Fall And Stay Low, Say Analysts, But Disagree On The Severity

Everything from overproduction to the rise of Donald Trump are cited as factors in the price plunge.

20 Jul 2016

Low Box Rates, New Alliances Tempers Carrier Shift to U.S. East Coast: Drewry

Drewry says any further shift in the cargo from the North American West Coast to the North American East Coast will be gradual.

20 Jul 2016

Three Shipping Companies Eye Bunker-Savings from DNV GL's E-Learning Solution

DNV GL says three Offen Group subsidiaries will utilise DNV GL's e-learning course "Energy Efficiency on Board."

20 Jul 2016

Two New Hurtigruten Vessels to Feature Rolls-Royce Bunker-Saving Bow

Rolls-Royce has signed a £25 million contract with Kleven for design and equipment on two polar cruise vessels being built for Hurtigruten.

19 Jul 2016

WWL Welcomes High-Efficiency Neo-Panamax to Fleet

The vessel is also noted to be fitted with an exhaust gas scrubber for compliance with ECA requirements.

19 Jul 2016

CMA CGM Closes Voluntary General Offer for Singapore's NOL, Moves to Acquire Remaining 2.17%

CMA CGM has confirmed it now owns approximately 97.83 percent of NOL's share capital, representing 2,547,264,348 shares.

19 Jul 2016

0.50% Global Sulfur Cap Could See Singapore, Other Major Bunker Ports Take an Even Bigger Share of the Global Bunker Market: Tolson

"Growth 2020 beyond will be product availability driven," Tolson tells Ship & Bunker.

19 Jul 2016

Canada's First Dual Fuel Vessel Set for Operations on the Great Lakes This Fall

The vessel is said to be capable of burning LNG, heavy fuel oil, or marine diesel oil.

19 Jul 2016

Oil Prices Off to a Sluggish Start

Bunker prices were softer in the primary ports.

18 Jul 2016

Hapag-Lloyd and UASC Finalise Merger Agreement

The new Hapag-Lloyd is expected to rank among the world's five largest container shipping lines once the merger is completed by late 2016.

18 Jul 2016

Voting Open for Inaugural Wind Propulsion Innovation Awards 2016

Gavin Allwright, IWSA Secretary says the nominations are a testament to the growth of interest in wind propulsion solutions across the industry.

18 Jul 2016

Weathernews Boosts Bunker-Saving NSR Routing Support

In the fall the company also plans to launch an "ultra-compact satellite" to monitor Arctic ice conditions along the NSR.

18 Jul 2016