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Oil Markets Drop in Wake of Brexit Vote But Analysts Say The Turmoil is Short-Lived

Brent and U.S. crude Friday regained some traction after big overnight trading losses.

MPA Attends Port Authorities Roundtable in Rotterdam to Talk Sustainable Shipping

The Port Authorities Roundtable covered a number of topics, including ways that the ports can encourage efficient and sustainable shipping.

Rumours Swirl on HMM Acquisition by Maersk Line

Neither company has commented on the matter, but Maersk Line says in general, "if the right opportunity is there we will look into it."

Brexit: UK Chamber of Shipping Calls for Free Trade Commission to Support Shipping

The UK Chamber of Shipping says a new Free Trade Commission for the country will support among other things, UK's shipping industry.

Brexit Won't Change Gibraltar's First Class Support in Bunkering: Sanguinetti

EU exit won't change Port of Gibraltar's "rock solid relationship with the international shipping community," CEO Sanguinetti tells Ship & Bunker.

#Brexit & Bunkers: Brent Crude Goes Into Free Fall as UK Votes to Leave the EU

Major bunkering hub Gibraltar voted 96 percent in favour of Remain.

Muhtaroglu: Now is the Time for Shipping to Focus on 2020 0.50% Global Sulfur Cap

"Shipping has been too busy with its issues, especially supply demand imbalances," Muhtaroglu tells Ship & Bunker.

Saudi Arabia Declares Oil Glut Over, Analysts Debate Whether It Or U.S. Is Victor in Shale War

But the Saudi energy minister says his kingdom has no intention of slowing production.

Venezuela Announces Oil Production Boost to Satisfy New OPEC Quota

But neither the troubled republic nor the cartel would disclose details of the increase.

HMM in Discussions to Join 2M Carrier Alliance

HMM previously indicated it wanted to join THE Alliance.

DuPont: Maritime Industry Needs to Consider its 0.5% Global Sulfur Cap Options Fast

Company says cleaner fuels only go "some way towards addressing the requirements of the new global limit."

Rate Fall Sparks Speculation Over Tanker Market Consolidation

While the tanker market is still being called "healthy," it is suggested that ship owners could soon move to consolidation in order to mitigate possible risk.

AkzoNobel's Scoops Environmental Award for Bunker-Saving Carbon Credit Scheme

The company has won the Environmental Leader Product of the Year for 2016.

Icebreaker Polaris Receives First LNG Bunker Supply from Skangas

Polaris, a newbuild low sulfur diesel-LNG hybrid propulsion icebreaker, is noted to be the first LNG-powered icebreaker in the world.

Crude Bullish on Anticipation of Brexit "Remain" Outcome

Benchmarks also received late support from supply disruptions in Nigeria which continues to bouy prices.

Søren Skou Named New Maersk Group CEO

Skou will also retain his current position as the CEO of Maersk Line.

Weekly Vessel Scrapping Report: 2016 Week 24

Weekly Vessel Scrapping Report: 2016 Week 24

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from June 16 – June 22, 2016.

Bunker Spill Brawl a Result of "Serious Medical Episode"

The episode "led to him attacking one colleague before causing extensive damage to the engine room systems," The London P&I Club has explained.

Trident Alliance Protests Swedish Policy of Charging Shipowners For ECA Bunker Compliance Tests

The cost of compliance should not be carried "by the random selection of vessels that authorities decide to inspect," says Anna Larsson.

Grounded MV Benita's Bunkers to be Removed by Helicopter

"The operation is being conducted with environmental protection as the upmost priority," says Five Oceans Salvage.

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