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UK-Based Broker Expands into the Americas

The new operation, Lindsay Blee Americas (LBA), will be based in Florida.

Belgium Ratifies Ballast Water Management Convention

Belgium's ratification was followed by Fiji's accession of the BWM Convention Tuesday, bringing the total number of states party to the agreement to 49.

Brent Falls Back Under $40 as Kuwait Cools on Production Freeze, Goldman Adds to Price Warnings

Goldman Sachs says rising prices "simply are not sustainable in the current environment."

Crude Trades in the Red

Keep an eye on tomorrow's EIA report for market direction.

PIRA Predicts End of Oil Rout and a "New Anchor" of $50 Prices This Year

But Saudi Arabia has not publicly indicated the likelihood of participating in this end goal.

Bunker Buyers Are More Aware of the "Hidden" Risks of Undercapitalized Suppliers: WFS

But understanding the relative risk levels is not as simple as big player vs small player, or trader vs physical supplier.

Crude Benchmarks Up 5%

Bunker prices were quite firm in the primary ports.

Opportunities for Hong Kong, But Many Restrictions Likely to Continue For Singapore as Iran Sanctions Lift

However Ince & Co says it means China faces competition in the Islamic Republic.

Low Bunker Prices Mean Avoiding Panama and Suez Canals Could Save Liners Money, Say Analysts

It is reported falling oil prices have enabled vessels to save an average of $235,000 per voyage by going around Africa to avoid the Suez Canal's tariffs.

Bankruptcy Petition Filed by Bulk Invest

Bulk Invest, which was known as Western Bulk until recently, has filed for bankruptcy after creditors rejected the company's restructuring efforts.

Low Oil Prices Cause "Impressive" Downstream Growth for Brightoil

Brightoil also records a significant increase in gross profit for the latter half of 2015.

LNG Bunker Fuel: Weathering the Oil Price Storm

LNG Bunker Fuel: Weathering the Oil Price Storm

New regulations have coincided with a fall in oil prices which has allowed ECA compliant MGO to present itself as a feasible option for compliance.

U.S. Inventory Build Puts Crude Futures Under Pressure

News out of the east helped curb crude prices from falling deeply into the red.

Weekly Vessel Scrapping Report: 2016 Week 8

Weekly Vessel Scrapping Report: 2016 Week 8

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from February 25 – March 2, 2016.

Update: Former OW Bunker Execs Moller, Pedersen, Skou Charged by SØIK

Fraud and, in Moller's case, breach of trust are understood to be among the charges.

Leakages from Routine LNG Bunkering "Can Have a Disproportionate Impact on Overall GHG Emissions"

A new study finds some LNG applications have no benefits over conventional fuels due to methane slip.

Singapore and the Port of Rotterdam Strengthen Partnership

A lecture and round table session were held this week to "further strengthen the years of strong partnership" between the ports of Singapore and Rotterdam.

Crude Futures Continue Higher

Crude prices have rebounded over 30% so far this quarter after reaching 12 year lows at the end of January.

April Crude Futures Mixed

Bunker prices were relatively soft early on but firmed as suppliers took advantage of the upside swing.

Container Carriers Need "Deeper Capacity Cuts," Says Drewry

In face of low spot rates, Drewry says "carriers will need to intensify their capacity management tactics in 2016 if they are to reverse the trend."

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