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Russia, Vitol Urge That OPEC Cutbacks Be Extended - While Saudis Set January Record For Exports
Russia, Vitol Urge That OPEC Cutbacks Be Extended - While Saudis Set January Record For Exports
Vitol's chairman blames U.S. shale for weakening the crude market.
20 Mar 2018
Singapore: BW Group Releases New Informational Video on MFM Bunkering
Singapore: BW Group Releases New Informational Video on MFM Bunkering
"BW supports the mass flow meters bunkering system and looks forward to its implementation world-wide," says Billy Chiu, BW Group Senior Vice President.
20 Mar 2018
Damen Ferry Project Latest to Go Full Electric
Damen Ferry Project Latest to Go Full Electric
The two new vessels were originally envisaged to be "hybrid-ready".
20 Mar 2018
Crude Firms on Geopolitical Tension, but Saudis See a "Stable" Market Ahead
Crude Firms on Geopolitical Tension, but Saudis See a "Stable" Market Ahead
Meanwhile, the price discrepancy between WTI and Brent will reportedly cause headaches for OPEC.
20 Mar 2018
Varo Energy Eyes Growth With Planned IPO Valued at €2bn
Varo Energy Eyes Growth With Planned IPO Valued at €2bn
The company operates throughout the European refining, storage, and fuel supply chain, and is active in the region's bunker markets.
20 Mar 2018
Rosneft Reports 47% Jump in Annual Bunker Sales
Rosneft Reports 47% Jump in Annual Bunker Sales
Total fuel oil production for 2017 rose to 23.04 million mt.
20 Mar 2018
Bunker One: Expect to See Steady Growth Driven by Opportunity, Not Necessity
Bunker One: Expect to See Steady Growth Driven by Opportunity, Not Necessity
"We as a Group are doing this to be ready for 2020," Peter Zachariassen, Global Director Physical, Bunker One, tells Ship & Bunker.
20 Mar 2018
IMO2020: Scrubber Users Advised to Secure Their HSFO Supply
IMO2020: Scrubber Users Advised to Secure Their HSFO Supply
HSFO demand likely to be lower than original IMO estimates putting further pressure on the post 2020 supply chain.
19 Mar 2018
Skangas Bullish on Prospects for LNG Bunkers
Skangas Bullish on Prospects for LNG Bunkers
Demand expected to increase significantly during the coming years.
19 Mar 2018
OPEC Says Oil Stockpiles Still too High as Azerbaijan Looks to Join the Cartel
OPEC Says Oil Stockpiles Still too High as Azerbaijan Looks to Join the Cartel
However, OPEC's secretary general says there is definitely light at the end of the tunnel.
19 Mar 2018
Crude Soft on Monday as Analyst Predicts Slide to $55/bbl
Crude Soft on Monday as Analyst Predicts Slide to $55/bbl
Meanwhile, geopolitical risk will reportedly influence crude trading for the remainder of this week.
19 Mar 2018
Sensor-Free Bunker Monitoring Solution Launched
Sensor-Free Bunker Monitoring Solution Launched
We4Sea says it is the first non-CAPEX fuel monitoring solution in the shipping market.
19 Mar 2018
Bunker Jobs: Credit Manager - Marine
Bunker Jobs: Credit Manager - Marine
Scandinavian MNC trading house that specialises in marine fuel is looking to hire a new and experienced Credit Manager for the Americas.
19 Mar 2018
Crude Makes Weekly Gain, but Analysts Think We've Already Seen Highest Prices of 2018
Crude Makes Weekly Gain, but Analysts Think We've Already Seen Highest Prices of 2018
Some experts think it's entirely likely Brent could soon drop below $60 per barrel.
16 Mar 2018
US Judge Grants TRO on Aegean's HEC Deal
US Judge Grants TRO on Aegean's HEC Deal
Action taken by a group shareholders calling for change in the management of Aegean.
16 Mar 2018
IMO2020: Tanker Operator Moving Towards Distillates Solution
IMO2020: Tanker Operator Moving Towards Distillates Solution
Extending existing bunker tanks also under consideration.
16 Mar 2018
Singapore: Further Arrests in Illegal Distillates Sale Case
Singapore: Further Arrests in Illegal Distillates Sale Case
23 arrests have been made to date.
16 Mar 2018
Japan: Bonded Fuel Sales Fall in January
Japan: Bonded Fuel Sales Fall in January
Monthly and annual sales show drop.
16 Mar 2018
Bunker One: Cooperation is Key for Post 2020 Bunker Market
Bunker One: Cooperation is Key for Post 2020 Bunker Market
Peter Zachariassen, Global Director Physical, sees some big changes ahead in the industry.
16 Mar 2018
IEA Ups its Oil Demand Forecast as Statoil Hints at No Long Term Future For Crude
IEA Ups its Oil Demand Forecast as Statoil Hints at No Long Term Future For Crude
Even demand in the near term could be compromised by developing trade wars, the IEA concedes.
15 Mar 2018