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Weekly Vessel Scrapping Report: 2014 Week 43
Weekly Vessel Scrapping Report: 2014 Week 43
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from October 16th - 22nd, 2014.
23 Oct 2014
Interferry Welcomes IMO Move to Consider Exemption from Ballast Water Rules
The MEPC now says a sub-committee should further consider the issue, including how appropriate operators could obtain an exemption certificate.
23 Oct 2014
China Warns Maersk and MSC: We Need Alliances, but We Also Need Competition
"The cooperation model of 2M is different from P3," says Zhang Shouguo, the director of China Shipowner's Association.
23 Oct 2014
Analysts Downgrade Chinese Bunker Supplier from Hold to Sell
The move was driven by "multiple weaknesses" in "multiple areas" according to analysts at TheStreet.
23 Oct 2014
IMO Considers Improving Controls on Bunkers Delivered to Ships
Proposals for ensuring fuel delivered to ships will comply with regulations was backed by INTERTANKO.
23 Oct 2014
Eco Vessels Losing Their Advantage as Bunker Prices Fall
Companies who turned to discounted, high-fuel-consumption Chinese ships are currently benefiting from plunging oil prices.
23 Oct 2014
Crude Prices Resume Their Decline
After trying to gain some steam WTI is again testing the $80/bbl threshold.
22 Oct 2014
Study Concludes that Glycerine is a Viable Alternative Marine Fuel
A year-long project has found glycerine to be a possible non-toxic, low-emission fuel.
22 Oct 2014
Carriers Will Continue to Slow Steam, Despite Falling Bunker Prices
Containerships are expected to continue slowing on fears of flooding the market with latent capacity.
22 Oct 2014
Polar Code Gains MEPC Approval
The code may come into effect as early as 2017.
22 Oct 2014
Supplier's Declaration on BDN May Change to Suit ECAs
A proposal was submitted to the IMO this week to include added text.
22 Oct 2014
Oil Prices Edge Up
Bunker buyers should expect a narrower trading band near term and prices to move around this spot for a while.
21 Oct 2014
Take An Opening Tank Sounding When Bunkering with MFMs, Bunker Detectives Advise
In the event of dispute of mass flow meter failure, the opening sounding will be needed to determine the bunker volume delivered.
21 Oct 2014
Singapore's MPA furthers LNG Bunkering discussions with European Port Authorities
The ports of Antwerp, Rotterdam and Zeebrugge met with Singapore's MPA to discuss harmonization of LNG bunkering standards.
21 Oct 2014
Total CEO Christophe de Margerie Dies in Plane Crash
Christophe de Margerie and three crew members were found dead at the scene after a private plane collided with a snow removal machine.
21 Oct 2014
Industry Insight: ExxonMobil Discusses Real World Use of HDME 50
Industry Insight: ExxonMobil Discusses Real World Use of HDME 50
"It is fundamentally good practice to not mix fuel," Iain White, field marketing manager at ExxonMobil Marine Fuels & Lubricants, tells Ship & Bunker.
21 Oct 2014
Oil Benchmarks Recede, OPEC to Continue Supply Levels
Global estimates have purported daily production of 1.5 - 2 million barrels over demand.
20 Oct 2014
BP Says 0.5% Sulfur Cap by 2020 Is Feasible, Urges IMO Confirmation
BP Singapore President Terence Yuen urged the IMO to confirm a date for implementation of new lower sulfur rules.
17 Oct 2014
Petrobras Not Ready to Produce More LSFO
Major Brazilian producer and exported of LSFO says it is not ready to invest in boosting production at this point.
17 Oct 2014
Cyprus Shipowners Say EU-Only CO2 Rules Harm Competitiveness
The Cyprus Shipping Chamber says that CO2 rules should be made at the international level.
17 Oct 2014
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