All News

Scrubbers Increasingly Seen as A "Messy" Answer to IMO 2020: Drewry

Barriers include the issue of waste disposal and vulnerability to later changes in regulations.

2 May 2018

BP, Shell, Prepare For Substantial Crude Price Drops

Shell's deepwater projects must break even at $40 per barrel or less, says Brekelmans.

1 May 2018

Crude Slides and BP Sees Potential for a Price Correction

Gloomy forecasts come just a day after a wave of bullish sentiment.

1 May 2018

Norway Tax Will Discourage Uptake of LNG Bunkers: SEA\LNG

The advocacy group says the move will also disincentive future investment in LNG-fuelled ships.

1 May 2018

LNG Bunker Supply Lagging Behind Demand Forecasts

Drewry says more bunkering facilities will need to be completed in a short period of time if the expected demand is to be met.

1 May 2018

IMO: Phasing out Shipping GHGs "A Matter of Urgency"

Phasing out GHGs should happen "as soon as possible in this century."

1 May 2018

Another Shipowner Says No to Scrubbers

"Fitting scrubber technology is not really viable in our view," says Bernhard Schulte.

1 May 2018

Bunker Jobs: Sales role, Oil Risk Manager in derivatives in Singapore

Salling Search has been exclusively appointed by one of the leading providers of hedging solutions.

1 May 2018

Singapore: ExxonMobil to Begin MGO MFM Delivery in May

Move follows MPA's directive mandating the use of the technology for distillate deliveries from July 1, 2019.

30 Apr 2018

Crude Climbs as Israel Fuels Push to End Iran Nuclear Deal

Analysts say there won't be any significant price drops until Trump makes a decision about the deal on May 12.

30 Apr 2018

Andurand Says $300/bbl oil Within a Few Years "Not Impossible"

Even more conservative experts concede that oil is destined to climb higher.

30 Apr 2018

HFO Carriage Ban Brings "Huge Degree of Clarity" on IMO 2020

There is now also an expectation that the new rules will be effectively enforced, says Bernhard Schulte Shipmanagement.

30 Apr 2018

UK Urged to Introduce Shore Power Facilities

"The UK is one of the last global regions to introduce shore connections at its ports," says Schneider Electric.

30 Apr 2018

Rising Oil Prices No Help for India, Venezuela, or Canada

The Venezuela now owes China $50 billion in international bonds.

27 Apr 2018

U.S. Crude Heading for $70/bbl as Iran Nuclear Deal Influences Trading Behaviourweighs

OPEC's cutbacks and strong demand are also seen as drivers of oil in the near term.

27 Apr 2018

Singapore Players To Collaborate on Zhoushan Bunkering

27 Apr 2018

Norwegian Dry Bulk Operator to Install Scrubbers

On eight ships to be built in China.

27 Apr 2018

Singapore: Sinanju Tankers Declares MFM for Distillates Delivery a Success

Will convert over half its fleet to new system.

27 Apr 2018

Singapore: Mandatory Mass Flow Metering Extended to Distillate Bunkering from Next Year

MPA says mandatory MFM move for distillate fuel starts from July 1, 2019.

27 Apr 2018

IMO GHG Deal Highlights Folly of Damaging Regional Shipping Regs: ICS

Shipping is now "far and away ahead of the rest of the world economy in the scale of its ambition" on GHG reduction, ICS Chairman says.

27 Apr 2018