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Industry Insight: An interview with Samir Bailouni, Nakilat (Qatar Gas Transport Co.)

Industry Insight: An interview with Samir Bailouni, Nakilat (Qatar Gas Transport Co.)

Nakilat is a Qatari company that ships LNG from Qatar mega projects to the world.

Aegean: New Business Will Push 2015 Results Higher, But 2014 Volumes Like-for-Like

"It was basically same store sales," says President as Aegean exceeds 3 million tonnes in quarterly bunker sales for the first time.

New Terminal Gives Boost to Cape Verde Bunker Market

Enacol built the terminal for $1.9 million

New Sulfur Regulations "Favourable" for Aegean

Tighter sulfur regulations means better spreads and disruption to competitors, says Aegean.

Crude Resumes Price Decline

Brent front-month contracts for May fell under $54 before settling at $54.43.

Weekly Vessel Scrapping Report: 2015 Week 11

Weekly Vessel Scrapping Report: 2015 Week 11

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from Mar 12 - 18, 2015.

Aegean: Low Oil Prices Good for Business

Low oil prices mean higher sales volumes as well as lower operating and interest costs, says Aegean President.

Vladivostok to Become "Free Port" in 2016

It is not clear whether bunkers will be included within the duty free regime, but the focus is said to be on logistics, ship repair and export-oriented goods.

Slow Steaming has Created a "Huge Gap" in the Market

Slow steaming by shipping companies has opened a gap for rail transport, which although more expensive is seen as quicker and more reliable.

Aegean: Bunker Markets Are "More Rational" Since OW Bunker Collapse

Bunker markets are experiencing more rational pricing since OW Bunker's November exit, says Aegean Chairman.

Decrease in the US Dollar Sees Oil Prices Rise

We could see WTI starting with a three and bunker prices starting with a one in the primary ports.

Nordic American Offshore: "Optimistic Outlook" for the Future Despite Turbulent Market

"When Brent crude prices return to the $60 - $80 range per barrel we expect to see renewed activity in our market," says Executive Chairman.

Vitol Revenues, Traded Oil Volumes Down for 2014

"The rapid slide in the price of crude in the last quarter of 2014 impacted our headline revenue figure which has fallen to $270 billion," says President.

Aegean Reports Strong 2014 Despite OW Bunker Bad Debts, Vessel Sale Losses

Aegean finished the year strongly, while full year bunker sales volumes, average spread per metric tonne, and adjusted profit were all up on the prior year.

Crude Oil Market Takes a Turn

The bunker buyer should be able to enjoy low prices for the remainder of the week we suspect.

"World's Cleanest Ferries" Powered by Rolls-Royce LNG Engines

The Fjord Line-owned ferries beat over 3,000 ships in the rankings.

Madsen: DOT Acted as Tankoil's "Bank," and it Was Visible to OW Bunker Management

The Danish investment manager says DOT's credit situation would have been visible to OW Bunker management based on the 2013 results.

OW Bunker Trustees to Fight Banks in Court over $71M Claim

Trustees will fight ING and BNP Paribas for receipt of payment on selling OW Bunker oil inventories, over which the banks claim they have a mortgage.

Former DOT Trader Joins Clipper Oil in Singapore

Nic Tan was said to be "a veteran in the bunker industry."

Crude Oil Futures Hit Lowest Levels Seen in 6 Consecutive Years

The bunker buyer is in a great position and it's up to them whether to wait for further falling prices or fix now with less risk.

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