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IBIA: Switch to 0.50% Global Sulfur Cap Represents "Not Step Changes but Brutal Changes"
IBIA's Unni Einemo says that with the stricter global sulfur cap meaning a shift to distillates for most, there will be a paradigm shift for ship engines.
20 Sep 2016
Crude At $20-$100 All in the "Normal Range" Moving Forward: BP
BP's head of energy economics also suggests it's pointless to dwell over the upcoming freeze talks.
20 Sep 2016
Two Bulk Carriers Arrested in Singapore
Ultramax bulk carrier Sainty Valiant and Supramax Trident Challenger have both been arrested in Singapore.
20 Sep 2016
World Fuel Services: Hanjin Collapse Won't be as Chaotic as OW Bunker
VP Charlie Davies says bunker suppliers are typically insured for such losses.
20 Sep 2016
Holidays, Low Prices Mute Asia Fuel Oil Trading Activity
Crude fell to multi-week lows Friday, and the expectation among some traders is that prices will fall further.
20 Sep 2016
Statoil to Supply LNG Bunkers in Baltic Sea
The news comes as the result of a deal signed between Statoil and Lithuanian state-owned energy group Lietuvos Energija.
20 Sep 2016
Crude Up as Algeria Talks Move Closer
Bunker prices were somewhat firmer in the primary ports.
19 Sep 2016
USCG to Debunker Capsized Vessel Following Lube Oil Spill
The Spirit of Sacramento capsized on September 6.
19 Sep 2016
Bunker Spills in China and Taiwan in Wake of Deadly Typhoon Meranti
Among the casualties was Panamax box ship Gan Tai Tai Zhou, and several fishing vessels.
19 Sep 2016
Krishnapatnam Port to Receive New Bunkering Facilities as Part of Expansion Project
The project is also said to include a new Ro-Ro terminal, liquid bulk terminal, as well as rig repair and offshore facilities.
19 Sep 2016
Bunker-Saving Kongsberg Refit to Help VLCC "GoGreen"
Kongsberg says it completed the refit of a 21 year-old VLCC Main Engine with a fuel-saving Remote Control System, the AutoChief 600.
19 Sep 2016
Adani Restarts Physical Supply at Mormugao Port in Goa
Adani Bunkering says it has restarted offering RMG 380 cSt to ISO 8217:2005 specification, and MGO as per BIS SPECS.
19 Sep 2016
Dan-Bunkering Moves Stamford Office Location
The company says the move is intended to accommodate the addition of more employees to its team.
19 Sep 2016
US Court Tells Bunker Suppliers They Cannot Arrest Hanjin's Owned or Chartered Vessels
Lawyers argue the decision to extend protection to owners of Hanjin-chartered vessels is contrary to both U.S. and South Korean law.
19 Sep 2016
New BAE System Looks to Better Understand True Cost Savings from Slow Steaming
"Reducing speed may save fuel, but could increase the wear to the engine if it sails below its optimum speed," says BAE.
19 Sep 2016
Despite Low Bunker Prices, Hanjin Collapse, Box Shippers to Stick with Slow Steaming
Low freight rates persist high season demand, Hanjin's recent collapse, and a reported demolition spree.
19 Sep 2016
Oil Slumps To Multi Week Lows, Norway Says Don't Expect $60 Crude Until 2019
Meanwhile, one analyst suggests that $39 WTI is coming.
16 Sep 2016
Port of Lübeck Moves Closer to LNG Bunkering
The German port is reported to have signed a Letter of Intent with Russia's LNG Gorskaya for a LNG FSU, bunkering vessel, and truck loading facility.
16 Sep 2016
Record OPEC Output Accompanies News That All Members Will Attend Freeze Talks
Meanwhile, reduced capacity as a result of the output worries some experts.
16 Sep 2016
Cyprus Latest to Declare LNG Bunkers the "Fuel of the Future"
The comments came Friday at the "LNG Fuelling the Future of the Eastern Mediterranean" conference in Limassol, Cyprus.
16 Sep 2016
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