World News

Crude Market Spends the Day in Flux

Any whispers coming ahead of this weekends meeting will have an impact on tomorrow's market direction.

14 Apr 2016

Weekly Vessel Scrapping Report: 2016 Week 14

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from April 7 – April 13, 2016.

14 Apr 2016

IEA: Oil Markets Close to Balance in H2 2016

"There is no doubt as to the direction of travel for the supply-demand balance," it says.

14 Apr 2016

Bunker Saving Atlantic Star Wins ShipPax Award for "Revolutionary" Design

KNUD E. HANSEN says it was given the award for the efficient Con-Ro vessel at the Ferry Shipping Conference 2016.

14 Apr 2016

OPEC Again Downsizes 2016 Forecast, Warns of Deeper Cuts

The cartel cites issues in China and Latin America as well as warmer weather for the downsizing.

14 Apr 2016

ICS Calls on IMO to Address Key Environmental Regs for Shipping at MEPC 69

ICS has issued calls for the IMO to address CO2 emission reductions, a global cap for sulfur content in bunkers, and the implementation of BWM regulations.

14 Apr 2016

IWSA: Shipping Industry "Behind the Curve" in Utilising Renewable Energy Solutions

IWSA says the shipping industry "urgently needs strong, clear leadership" from the IMO on emissions reductions.

14 Apr 2016

Maersk Line Vessel First to Utilise Newly Developed Bunker Saving Waste Heat Recovery System

The Hydrocurrent Organic Rankine Cycle (ORC) waste heat recovery system is said to be able to save up to 200 tonnes of bunker fuel annually.

14 Apr 2016

Bunkerworld's Unni Einemo Takes Full Time Role With IBIA

Unni Einemo will become the IMO representative and Media and Communications manager within the IBIA secretariat, effective April 15, 2016.

13 Apr 2016

Diesel, CNG, Solar Powered Ferry Undergoing Final Sea Trials Before Entering Service

The so-called the "greenest ever ferry in Holland" has been built for Dutch ferry operator TESO.

13 Apr 2016

Shell Marine Products Continues Global Port Network Expansion

SMP says it has expanded to offer its products at more than 70 additional ports and 14 countries in less than a year.

13 Apr 2016

Iraq: Everybody Needs the Oil Freeze

SOMO director general pushes for the freeze in the wake of Iraq posting near-record output.

13 Apr 2016

Propulsion & Emissions Conference to Explore Implications of ECAs and Global Sulfur Cap

The 38th Propulsion & Emissions Conference is set to take place at the Grand Elysee Hotel in Hamburg on May 11 to 12.

13 Apr 2016

Dan Bunkering, BIMCO, Hafnia Team Up to Talk Legal Risks in Bunkering

BIMCO says the first of the series of hour-long seminars will take place in London on April 27, while the second will be held in Hamburg April 28.

13 Apr 2016

Crude Markets Bullish for a Second Day

Investors have new hope that OPEC members are taking the supply glut seriously.

12 Apr 2016

Crude Will Hit $85 by End of 2016: Cornerstone Analytics

Such a prediction would, based on current trends, translate to IFO380 bunkers in the $300 to $400 pmt range in the primary ports.

12 Apr 2016

Crude Benchmarks Climb Higher

Bunker prices were firming in the primary ports.

11 Apr 2016

Triyards Subsidiary Awarded Contract for Two LNG-Propulsion Eco Ferries

The €44 million contract with Rederij Doeksen will see the construction of two "eco-friendly" LNG-powered RoPax ferries.

11 Apr 2016

MAN Announces World's First Methanol-Propulsion OGV

MAN says the technology will provide shipowners with a viable, efficient, and convenient alternative to conventional bunkers.

11 Apr 2016

Portuguese Ports to be Hit by Two Weeks of Strike Action

The dock workers union has issued notice of strike action, which will occur from April 20 to May 5, at the ports of Lisbon, Setúbal, and Figueira da Foz.

11 Apr 2016