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South Asia Suppliers Address Bunker Quality Rumours

Buyers avoid buying "cheap or unrealistic fuel," a local player tells Ship & Bunker.

Panama Posts 23% Jump in Annual Bunker Sales

The Atlantic coast, with the port of Cristobal, saw greater volume growth than the Atlantic coast.

Critics Dismiss Joint Oil Freeze Talks as "An Empty Gesture" as OPEC Confirms Iran Won't be Participating

Abdullah al-Badri Analysts say declines in U.S. shale and other factors are more important developments to focus on.

Kilduff Says Forget the Hype, Oil Will Fall Back to $25/bbl

The analyst also calls the market reaction to the impending production freeze talks "ridiculous."

India's Gulf Petrochem Initiates Bunkering at West Coast Port of Pipavav

The company is said to be currently providing 380 CST and MGO via truck-ship bunkering.

Reconstruction of Russian Bunkering Facility to be Complete by End of Year

Modernisation to tanks for both light and dark fuels was said to have already been completed.

Crude Ends the Day Higher

Bunker prices were mostly stable in the primary ports.

DNV GL Launch New Portal to Support Uptake of LNG Bunkers

Shell, MAN, and Rolls-Royce among first users.

Fujairah Bunker Market Facing Headwinds from "Flood" of Iranian Oil

Aegean President E. Nikolas Tavlarios says overall he expects the volatile, low price environment will persist.

Decision on Doubling Capacity at Algeciras Bunker Storage Facility to be Made Next Quarter: Vopak

The expansion would more than double capacity to over 1 million cbm.

Stock Analysts Bullish Over Aegean Prospects

Analysts have assigned a price target of $14.50 for Aegean in the coming period, with a trading range of $11 to $16.

Singapore's BW Group Looking to Pick Up Distressed Dry Bulk Assets

With the dry bulk sector in turmoil, opportunity-minded BW Group has established BW Dry Cargo.

VPS: Bunker Surveyors Still Needed With Mass Flow Meters, Quantity Issues Will Persist

Surveyors will be needed "in a vast number of areas" says VPS managing director Rahul Choudhuri.

Moody's: Benefit of Falling Bunker Prices for Box Carriers Will Fade in 2016, Global Shipping Outlook Changed to Negative

As supply-demand gap widens and earnings decline bond rater takes negative stance on shipping sector.

Creditors of Singapore Dry Bulk Owner Press for Auction of Arrested Vessel

The MV Garv Prem is one of five bulk carrier vessels that the company had already agreed to sell to them in January 2016.

Players Highlight Importance of MPA Role in Mass Flow Meter Roll Out

In other ports there is no dominant port agency that certifies mass flow meters, potentially leading to discrepancies.

EC Backs Finnish Plan for €28 Million in Aid for LNG Bunker Terminal

The small scale LNG terminal is set to be built on the country's South-East coast at Hamina.

Looming BWM Convention is Raising the "Life or Death" Stakes for Beleaguered Ship Owners

The coming into force of the convention will introduce the industry "to a tsunami of compliance costs and uncertainties," says the UK Chamber's Anna Ziou.

Buy and Sell Frenzy in Singapore Market is First Big Bunker Battle of 2016: Reports

The activity has also caused an unjustified backwardation, say analysts.

Korean Dry Bulk Owner Sees Rehabilitation Plan Vetoed

Indebted Korean shipper Samsun Logix has until April 8th to come up with a more realistic repayment plan.

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