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Tight Avails at Port of Keelung

CPC says its unable to receive any new fuel oil orders at Keelung Port on or before December 26, citing low stock level at the port.

Brittany Ferries Signs Letter of Intent for LNG-Powered Newbuild

"It will be one of the cleanest, most environmentally-friendly ships to operate in UK waters," says Brittany Ferries.

Environmental Group Issues Praise for Steps by U.S. and Canada to Phase Down HFO Use in the Arctic

The two governments are planning to jointly propose a plan to IMO at its next meeting, set for spring 2017.

Crude Down as EIA Reports Surprise Build in Crude Stockpiles

Bunker prices were softer in the primary ports.

OPEC Threatens to Prolong Glut by Protecting Asian Customers

The bulk of the cartel's cutbacks are aimed at U.S. and European refiners.

Industry Needs $55 Oil, but Alternative Energy Could Result in $10 Oil Within a Decade

$55 could be achieved with an OPEC cutback compliance of 75 percent, says Wood Mackenzie.

Red Sea Player to Launch First Owned Bunker Barge

"She can supply simultaneously both IFO 380 cSt and both regular and Low Sulphur MGO," Red Sea Bunkering tells Ship & Bunker.

Shipping Confidence Reaches 15 Month High: Moore Stephens

Moore Stephens says the average shipping confidence level in November 2016 was 5.6 out of 10.0 - the highest rating since August 2015.

Handymax Bulk Carrier Arrested in Singapore

The 1995-built Jahan was arrested at 2:50 a.m. on December 19, 2016 following action by Oon & Bazul LLP, records show.

Skuld Advises Ship Operators to Utilise a Bunker Surveyors Amid New Singapore MFM Requirement

Skuld provided the advice noting the MFM system for bunkering is a "completely new practice" without documented challenges and solutions.

KPI Bridge Oil Hires New Bunker and Lubricants Trader to Athens Office

Elina Apostolakou is said to have joined the group earlier this year.

Virgin Voyages Places Order for Vessels Designed for Reduced Environmental Impacts

The €2 billion order will see the construction of three vessels, all of which will feature energy recovery systems.

Unioil Supply Renews Bunker Supply Agreements

The agreements will ensure Unioil operation in the Barents, Kara, and Norwegian Seas, Russian Zone, and Svalbard, for the next 12 months.

Danish Maritime Authority Reminds Shipowners to Renew Bunker Certificates

Bunker Certificates concern insurance cover for liability for bunker oil pollution damage.

Gazprom and Mitsui Enter New Cooperation on LNG Bunkering

Agreement of Strategic Cooperation covers various areas, including Sakhalin II project expansion and LNG bunkering.

Neste to Supply Viking Line with Low Sulfur Bunkers for ECA Compliance

The new partnership will see Neste supply low sulfur marine fuel to Viking Line vessels operating on the Baltic Sea in 2017.

OceanConnect Marine Secures Arrest of Former Hanjin Chartered Vessel

Following efforts to recover $837,000 in unpaid bunker bills in the US, the vessel is understood to have been arrested in Sri Lanka.

Oil Investor Optimism at Post Slump High, Based on Faith in Cutback Compliance

The optimism comes just as U.S. shale production threatens to disrupt the cutbacks.

"Big OPEC Winner" Iran Expects Oil to Remain in $50-$55 Range

Meanwhile, analysts think 2017 could be a banner year for oil production in the Islamic republic.

Captain and Crew of Monjasa Tanker Receive Lloyd's List Seafarer of the Year Award

"Monjasa's shipping department wishes to salute the captain and crew on M/T Accra," the company said.

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