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Oil Markets Continue to Recede

Bunker prices were softer yet again in the primary ports.

T&E: NOx Emissions Levy on Ships "Most Promising" Tool for EU Shipping Emissions Reductions

A new study identifies EU policy options for regulating ship NOx emissions in the EU seas, comparing them with proposed IMO measures.

Weekly Vessel Scrapping Report: 2016 Week 23

Weekly Vessel Scrapping Report: 2016 Week 23

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from June 10 – June 15, 2016.

80% of Cruise Ships to Use LNG Propulsion by 2025?

"If we are talking about newbuildings, this is possible," says Paolo Moretti, General Manager for RINA Services' Business Line Marine.

Get Set For Intense Competition in a Rapidly Changing Global Oil Market: Russia

Unrelated events may be fundamentally shifting the course of global production and demand.

Goldman Says Oil Won't Climb Much Farther Than $50, But This Plays Into Undesirable "Reverse Goldilocks" Scenario

Analysts warn that $50 oil keeps bulls at bay and is too high to force more production offline.

Crude Continues Downward Trend

Bunker prices continued to soften in the primary ports.

DNV GL Project to Investigate Hull Optimisation for LPG Carriers

DNV GL says it will be working with HHI, Wärtsilä, MAN, and CMM on the development of a next generation, energy efficient LPG carrier.

BSM's: 5,400 TEU Carl Schulte "Outperforms" Most Stringent Environmental Standards

The vessel is said to perform in the top 2 percent of containerships of its size and type.

"Legacy" Yahoo Messenger to Shut Down on August 5

After this date, users of the legacy messenger system will likely no longer be able to log in, send messages, or access conversation histories.

DSME Slated to Build Four Fuel Efficient Tankers for Maran

DSME says the two 318,000 tonne VLCCs under the order will feature the latest high efficiency engines and fuel-saving technologies.

Despite Price Gains, Producers Plan For "Lower-for-Longer" Norm of $65 Oil

Further consolidation characterizes what analysts call the final phase of a five-part oil cycle.

Oil Benchmarks Down as Brexit Talk Rattles Markets

Bunker prices were somewhat soft in the primary ports.

Wärtsilä: Alternative Fuel Retrofits Will Be Driven by Vessel Life-Cycle Cost and Trade Area

Stefan Wiik, VP of Engines at Wärtsilä Marine Solutions, when speaking on future marine fuel mix, also noted that "there is not one fuel that fits all."

GE Highlights Role of Technology in Reducing Bunker Costs

The company says bunker savings and operation optimisation have been the major drivers of the adoption of digital technology for fleets.

MAN: Low Bunker Prices Mean Efficiency Gains Need to Deliver "Twice the Value for the Same Price"

As a result, efficiency gains through systems, software, and engine mapping could reach 6.5% per year over the next decade, up from 0.3% per year.

OPEC Reports Strong USGC Bunker Demand, Predicts a Rebalancing of Oil Markets by Year End

The cartel in fact warns of a daily supply deficit during the second half of 2016.

Crude Benchmarks Start the Week Soft

China's growth may be stagnating due to industrial overcapacity and mounting debt while Britain may vote to leave the European Union.

Peru Accedes to Ballast Water Management Convention

Peru brings the total number of states party treaty to 51, but the convention is still short of the required 35 percent of the world's merchant fleet tonnage.

Will China Push Oil to the $30s or Venezuela Send Prices into Orbit?

Another analyst predicts a sharp decrease in prices before the end of the year.

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