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LNG Bunkers Still Attractive Long Term Despite Oil Price Slide

The Society for Gas as a Marine Fuel suggested that shipowners should focus on longer term maintenance benefits that LNG brings.

Russia: 30% of Crude Oil Exports to be Asia-Bound by 2020

Alexander Novak, Russia's energy minister, says the country is working toward diversifying its growing crude oil exports away from the west.

Prima Marine Appoints Former OW Bunker Manager as New Senior Bunker Trader

Veryan Bell is said to specialise in supplying bunkers and lubricants in Africa and Middle East, and is fluent in English and Afrikaans.

New EAL Touts Longer Lasting Results

Royal Purple said that its proprietary additive technology created a thicker, stronger synthetic film.

Brent Sinks Further After Rising Over $50/bbl in Early Trading

We can expect futures to go either way anticipating EIA data on U.S. inventories.

Commercial Ships of 2030 Will Be Smarter, Greener, and have Flexible Powering Options

In particular, maritime autonomous systems are expected to impact maritime security significantly.

Bunker Price Slide Offering Little Relief as Narrowing Margins Mean Carrier Lines Face Tough Fourth Quarter

Operating margins fell to 2.4 percent in the second quarter from 5.3 percent in the first quarter

Morgan Stanley: VLCC Crude Storage Becoming More Attractive

However other sources in the industry say the "economics doesn't work."

Brent Firms, But Stays Under $50/bbl

We can expect futures to go either way anticipating EIA data on U.S. inventories.

Carbon War Room Offering $200,000 Ship Efficiency Grant to Prove 10-15% Fuel Savings Are Possible

CWR has issued a RFP for a $200,000 grant that will help finance the retrofit of a single-vessel with ship efficiency technologies.

Hempel Hails Success of Bunker-Saving Antifouling Coating

Hempel says its antifouling coating HEMPAGUARD has now been applied to more than 350 ships.

Report: Still Not Enough Cruise Ships Using Emission Abatement Techniques

NABU's Cruise Ship Ranking shows that there are still not enough vessels in the industry utilising environmentally friendly emission abatement techniques.

Parker Kittiwake - Procal Expands Emissions Monitoring Systems' Global Distribution, Service Capability

Score Subsea and Wellhead will become the systems integrator for Procal's marine, power, and offshore continuous emissions monitoring analysers.

China to Launch New Oil Futures Contract, Could Seize Control of Oil Prices

The new contract is expected to debut on the Shanghai International Energy Exchange as early as October.

Analysts: Americas Will Shoulder Brunt of Oil Output Cuts as Obama Gains Majority Support on Iran Deal

A.T. Kearney says by 2020 the region could see a decline of up to 1.1 million bpd, while Iran will boost output by 1.5 million bpd.

Drewry: Recovery of Dry Bulk Market a "Long Way Off"

Continued low demand could make it difficult for many shipowners to survive the unfavourable market conditions, says lead analyst Rahul Sharan.

White Paper Published on Bunker Saving Waste Heat Recovery System

Calnetix says there is increasing demand for solutions to reduce fuel consumption.

Drewry: Fleet Growth Will Put Product Tankers Profits Under Pressure

The annual report from Drewry suggests that a growing fleet will negatively impact earnings in product tanker sector over the medium term.

Shipping Industry "Increasingly Convinced" Over Wind Power for Commercial Ship Propulsion

Wind propulsion initiatives are up for three awards at this week's Ship Efficiency Awards.

MOL Testing New Bunker Saving Windshield

MOL says the new containership windshield has the potential to reduce wind resistance, save fuel, and reduce CO2 emissions.

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