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Goldman Sachs Dismisses Freeze Talks as Counterproductive, but Crude Bounces on Iran Indicating it Might Support Them

Other unnamed sources take the mainstream view that the upcoming Algeria talks are pointless.

Port of L.A. Takes Another Step Towards Zero Emissions

California's ARB says Mayor Eric Garcetti has appointed a new advisory board to support the reduction of carbon emissions at the Port of L.A.

Iran Says Bunkering Capacity Up 33%, but Sector Needs More Investment

"Small-scale activities would not be able to compete in the international arena," says PMO Managing Director Mohammad Saeednejad.

Credit Suisse: More Negatives Than Positives for Crude Prices, But No Move Back Into The $30s

And again, freeze talks are dismissed as irrelevant.

Shell Deal Prompts Gibraltar Opposition to Again Voice Concern Over LNG Bunkering

"GSD is yet to see in the public domain anything definitive that makes the present plans acceptably safe," it says.

New Singapore Bunker Industry Association Established

ABIS will largely focus on working with small and medium-sized bunker companies in order to enhance business service quality.

Monjasa Announces New $80 Million Credit Facility

Monjasa says the facility was arranged by its newest financial partner, Société Générale.

Aegean to Redeploy Singapore Barge to New "Beneficial" South African Operation

M/T Tilos is expected to arrive in South Africa in September, Aegean tells Ship & Bunker.

Iran Readies Oil Deals With Russia, China

The swap plus two key oil field developments will boost Iran's flourishing international status.

As Crude Drops 3%, Consultant Predicts a Bottom of the $30s With Real Demand Not Occurring Until 2017 or Later

China exports of diesel and gasoline are blamed for Monday's losses along with a steadily increasing U.S. rig count.

Crude Prices Start the Week Down

Bunker prices were softer in the primary ports.

LNG Bunkering Among Proposed Projects as AG&P Makes "Major Investment" in Korean Firm

Philippines-based AG&P and GAS Entec will work together to provide a variety of products including LNG bunkering systems.

UOB Lists Itself as a $112M Creditor of Searights

The next hearing in the winding up petition is scheduled to be heard this Friday, August 26, 2016.

MPA Announces Funding for SGX-Listed Maritime Companies to Complete Sustainability Reporting

MPA says it will co-fund 50 percent of the qualifying costs for companies to prepare their sustainability reports - up to $50,000 per company.

Harris Pye Sees "Marked Increase" in Interest for its Turnkey Scrubber Installations

The company says the increased interest is the result of stricter regulations on shipping emissions.

K Line Recognised for Bunker and Emission Saving Speed Reductions at California Ports

The ports of Long Beach and Los Angeles have recognised K Line for a high level of compliance with voluntary speed reduction programmes during 2015.

Gibraltar and Shell Sign Deal for LNG Supply and Regasification Unit

The agreement is the latest development in the cooperation between Gibraltar and Shell, which may lead to LNG bunkering in the future.

The Buck, Not The Talks, is Driving What Will be a Short-Term Rally: Cantor Fitzgerald

Cantor's chief market strategist predicts a $35-$45 target for oil in the near future.

Pakistan Eyes Expanding Bunker Market Through China Deal

Arif Elahi, PNSC Chairman, says that the company is interested in developing its bunkering business because of the sector's promising future in the region.

Technical Analysts Say Oil Heading to $62, Others Insist Fundamentals Mean a Plummet to $30s

For bunkers, in the high case it would mean IFO380 hitting $350/mt.

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