All News

THE Alliance Receives U.S. Approval

The approval enables the alliance agreement between MOL, NYK, K Line, Hapag-Lloyd, and Yang Ming to become effective on December 19, 2016.

16 Dec 2016

Petronas Mulling Expansion into LNG Bunkering

Petronas' LNG receiving terminal in Pengerang, Malaysia has been named as a potential location out of which to base the company's possible new activity.

16 Dec 2016

Drop-In Biofuels Could Make Up to 10% of the Marine Fuel Mix by 2030: GoodFuels

Tighter regulation by the IMO, among other reasons, are cited for the expected increased use of such fuels.

16 Dec 2016

Japan's Bonded Bunker Fuel Sales Grow 9% in October

Bonded bunker sales in the country reached 2.678 million barrels during the month of October.

16 Dec 2016

More Bunker Companies Undergo Consolidation Efforts as the Industry Prepares for a Tough 2017

"The suppliers and traders who are acting now are making the right moves," an industry source tells Ship & Bunker.

16 Dec 2016

GTT Signs Multi-Party MOU for Strategic Cooperation on LNG Projects

GTT signed the MoU with Gabadi, Shanghai Aojiheng, and China Merchants Heavy Industry (Jiangsu), which aiming to move into LNG bunkering vessels.

15 Dec 2016

UN-DESA Awards $1 Million Grant to Tunisia Solar-Powered Vessel Project

The grant was awarded to the project "Solar Fuelled Electric Maritime Mobility" by Norway-based non-profit research institute SINTEF.

15 Dec 2016

Weekly Vessel Scrapping Report: 2016 Week 49

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from December 8 – December 14, 2016.

15 Dec 2016

Total Aiming to Be a Key Player in LNG Bunker Market

Total says it plans to double its liquefaction capacity and has also become the latest company to join SEA\LNG.

15 Dec 2016

Lukoil: Growth Nets Company 10% of International Marine Lube Market

The declaration came at the company's fifth anniversary event in Hong Kong.

15 Dec 2016

ECA Operator Extends Neste Bunker Supply Agreement

Neste will continue to supply low-sulfur bunkers to Tallink vessels calling at Finnish ports in 2017.

15 Dec 2016

Industry Insight: Emissions Data Collection – IMO vs. EU

Julien Dufour, CEO, Verifavia Shipping, compares and contrasts IMO and EU's approaches to monitoring, reporting and verifying ship CO2 emissions.

15 Dec 2016

Hess CEO Predicts "New Chapter" of $60-$80 Oil

Other analysts think oil will remain at $55-$60 pending the verification of OPEC production cutbacks.

15 Dec 2016

Tight Avails at Taichung

CPC says it will be unable to take any new orders for fuel oil for delivery on or before December 20, due to low stock.

15 Dec 2016

OPEC Forecasts Market Rebalance In 2017 Despite Posting Massive November Output Numbers

Increased shale activity also causes concern for analysts.

15 Dec 2016

Kassinger: Scrubber Economics Are a "Slam Dunk"

For a ship consuming 1,000 mt per month, "I think the savings will actually be closer to $5 million per year," Rudy Kassinger tells Ship & Bunker.

15 Dec 2016

Crude Benchmarks Slide 3%

Bunker prices were softer in the primary ports.

14 Dec 2016

ECSA Issues Open Letter, Applauds ICS on IMO's CO2 Roadmap

ECSA says ICS' leadership and "pro-active" submissions helped toward the IMO's decision to develop a CO2 roadmap for international shipping.

14 Dec 2016

EU Reg Spurs Kongsberg Maritime's New CO2 MRV Application

Kongsberg Maritime's says the CO2 MRV application was developed for its K-Fleet suite of Marine Fleet Management Software.

14 Dec 2016

Danish Shipowners' Association Partners with Government Ministries on Tightening Global Environmental Regs

The partnership will develop an action plan that is set to include a number of initiatives, including some that will be focused on bunker suppliers.

14 Dec 2016