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$10 Trillion Required to Avoid Future Bunker Price Spike

But some observers question whether this level of investment is feasible.

OW Bunker Shareholders Welcome Critical Report Released by Bankruptcy Trustees

It is expected that the newly released report by OW Bunker bankruptcy trustees will make it easier for investors to get their money back.

New OW Bunker Report is Good News for Investors and Creditors, Says Expert

Søren Friis Hansen of CBS says that those who lost money in the OW Bunker collapse now "have a good chance of getting at least part of their money back."

US Oil Companies Set to Be Sidelined When Iran Sanctions Are Lifted

But all European countries will get carte blanche to conduct transactions.

OW Bankruptcy Could Have Been Avoided, Says New Report

Information regarding OW Bunker's oil speculation activities that should have been known by management was not disclosed.

India Working to Replace Diesel with LNG Bunkers for Inland Navigation

A switch to LNG is said to have the potential to bring an estimated 25 percent savings in comparison to diesel.

Brent, WTI Move Back Above $37/bll

But OPEC producers are still pumping enough product for there to be another slide in crude oil prices near term.

Dry Bulk 2016: Only Companies With Very Strong Balance Sheets Will Get Through This Storm

Low bunker prices are one of the few positives in the coming year in for dry bulk.

Study Details "Significant Reductions in Tanker Air Pollution" from New ECA Rules

While particulate matter and SOx emissions were "substantially reduced," NOx emissions have only been "somewhat reduced."

WTI, Brent Start the Week With $1+ Losses

The selloff was triggered by early Asian data indicating Japanese crude purchasing had fallen to 46 year lows.

Meech to Follow Jorgensen as New IBIA Chairman

Intertek ShipCare's Global Technical Manager Michael Green will replace Meech as Vice-Chairman.

Singapore's Mercator Forced to Sell Three Bulkers to Service Debt

Mercator says it received a notice of enforcement from an undisclosed mortgagee requesting that the second-hand vessels be sold.

Georgia Holds First GloMEEP National Workshop of the Energy Efficiency Project for Shipping

The national workshop is said to have focused on raising awareness of energy-efficiency regulations of MARPOL's chapter 4.

Weekly Vessel Scrapping Report: 2015 Week 51

Weekly Vessel Scrapping Report: 2015 Week 51

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from December 17 – December 23, 2015.

Idle Box Ship Fleet Decreases For First Time Since July

The number if idle vessels has fallen to 306, or 1.33 million TEUs, after earlier looking like it was heading for an all time high by the end of December.

Curved Bow Reported to Provide 5% Bunker Savings

The 540 TEU container ship's bow is said to enable fuel savings by reducing wind pressure on the ship by 30 percent compared to conventional vessels.

OPEC "Living in a Time Warp" say Critics, As Cartel Releases its Latest World Oil Outlook

The Telegraph notes it was warned by Saudi Arabia 30 years ago that "The Stone Age came to an end, not because we had a lack of stones."

Crude Futures Firm 3%

We are still witnessing 7 year lows and it is more than likely that the market will sustain the low environment well into 2016.

LNG Shipping To See Consolidation, Survivors Seen In "Prime Position" In Market

Shipping experts told Reuters that a wave of deals is coming in the downtrodden LNG sector, but that a "cull" will ultimately be good for business.

Brent Crude Prices Hit 11-Year Low

Prices for the benchmark crude neared $36 per barrel Monday, the lowest level since July 2004.

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