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Rising Production Risks a Crude Price Slide to $10-$20/bbl, Says Analyst

"Recent gains have little to do with the fundamentals that led to the collapse in the first place," they say.

Lukoil Releases Two Newly Formulated Anit-Wear Lubricants

The newly formulated NAVIGO 6 CO crankcase oil and NAVIGO 70 MCL AW cylinder oil are said to provide anti-wear benefits.

Danish Shipowners Call for Fact-Based Figures on Shipping Industry's Potential CO2 Emission Reductions

The Danish Shipowners' Association has also called for impacts related to CO2 emissions reduction measures in the shipping industry to be studied as well.

MFM Bunkering Barges Put into Operation by Chimbusco

Chimbusco says mass flow meters are now in operation on the company's main bunkering barges, deployed on Chinese and international services.

Altor: OW Bunker Collapse Was Not Our Fault

Altor Founder and Partner Harald Mix says it worked around the clock to save the company.

Brexit Blues Fail to Dampen Dry Bulk Rate Rise

The Baltic Dry Index Wednesday made gains for the first time in 10 sessions, continuing its upward motion in the face of Brexit news.

HMM's 2M Talks a "Bizarre Twist" That Suggests More to the Story, Says Drewry

Drewry says that HMM's talk of joining the 2M Alliance could be strategic posturing or a lead up to a takeover by Maersk.

Containerships and Nordic Hamburg Order Four Dual-Fuel Vessels

Containerships and Nordic Hamburg have ordered four 1,400 TEU dual-fuel container ships from China's Huangpu Wenchong Shipyard.

Crude Down on Strong Dollar

Today's bunker purchasers were able to take advantage of a softening market in most ports.

Market Will Adapt in its Own Way to End of "Legacy" Yahoo Messenger: Zederkof

IBIA says cannot advise the bunkering community on what to choose, in the same way it can't tell the market whether to use iPhone an Android.

Strong Showing for Bunker Saving Tech at 2016 Electric & Hybrid Marine Awards

Technology providing up to 30% bunker savings on a hybrid ro-ro passenger and vehicle ferry were among the winners.

MISC Saves 33,057 Tonnes of CO2 through Green Tech

The company also notes that it has ordered five new LNG carriers, set to feature "green" technologies.

MPA Attends Port Authorities Roundtable in Rotterdam to Talk Sustainable Shipping

The Port Authorities Roundtable covered a number of topics, including ways that the ports can encourage efficient and sustainable shipping.

Rumours Swirl on HMM Acquisition by Maersk Line

Neither company has commented on the matter, but Maersk Line says in general, "if the right opportunity is there we will look into it."

Brexit: UK Chamber of Shipping Calls for Free Trade Commission to Support Shipping

The UK Chamber of Shipping says a new Free Trade Commission for the country will support among other things, UK's shipping industry.

Muhtaroglu: Now is the Time for Shipping to Focus on 2020 0.50% Global Sulfur Cap

"Shipping has been too busy with its issues, especially supply demand imbalances," Muhtaroglu tells Ship & Bunker.

Saudi Arabia Declares Oil Glut Over, Analysts Debate Whether It Or U.S. Is Victor in Shale War

But the Saudi energy minister says his kingdom has no intention of slowing production.

HMM in Discussions to Join 2M Carrier Alliance

HMM previously indicated it wanted to join THE Alliance.

DuPont: Maritime Industry Needs to Consider its 0.5% Global Sulfur Cap Options Fast

Company says cleaner fuels only go "some way towards addressing the requirements of the new global limit."

Rate Fall Sparks Speculation Over Tanker Market Consolidation

While the tanker market is still being called "healthy," it is suggested that ship owners could soon move to consolidation in order to mitigate possible risk.

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