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Ongoing Speculation Keeps Crude on the Rise

Bunkers were softer in early trading but firmed by the end of the day with correlation to crude prices.

Istanbul Annual Bunker Sales Climb 12%

2016 has also "started optimistically" with similar volumes to 2015, a local source tells Ship & Bunker.

20|20 Vision: The Transition to Distillates is Going to be Messy

20|20 Vision: The Transition to Distillates is Going to be Messy

The bunker industry was already confused as to what would happen to all the fuel oil when we transition to low sulfur fuels, now we are even more confused!

Cramer: Oil Will Fall to $26/bbl, Saudi-Russia Output Freeze "A Total Hoax"

CNBC analyst Jim Cramer says the Saudis are taking direct aim at the United States.

Golden Ocean Warned of NASDAQ Delisting Risk

Golden Ocean has received notification that it failed to meet NASDAQ's required minimum $1.00 per share bid price for 30 consecutive days.

Shanghai Plans Six More Shore Power Generators for Cruise Terminals

The new plans are said to be intended to reduce pollution from an increasing number of cruise liners berthing at the city's cruise ship terminals.

TRI-ZEN: Low Oil Prices Creating "Fog" Around Adoption of LNG Bunkers

But an eventual oil price hike when demand starts to close in on supply will see that fog lift.

Saudi Tells U.S. Shale Producers to Cut Their Costs or "Get Out" of the Market

However, Saudi's oil minister claims OPEC is not at war with non-members.

BIMCO and ISCO Cooperate on Bunker Spill Response Contract Development

Last week in London, the two organisations started work on the development of a standard contract for hiring of spill response services and equipment.

AkzoNobel Announces More than $500,000 in Carbon Credits for Bunker-Saving Coatings

The company says it has issued more than 126,000 carbon credits to ship owners who have switched vessels to fuel-saving, biocide-free hull coatings.

Weekly Vessel Scrapping Report: 2016 Week 7

Weekly Vessel Scrapping Report: 2016 Week 7

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from February 18 – February 24, 2016.

Container Alliance Shake Up on Hold, Says China COSCO Shipping

The recently merged company says that it will maintain its two current shipping alliances while it carefully considers its potential future alliance partners.

Chinese Shipbuilder Sainty Marine Begins Bankruptcy Restructuring on Market Woes

The state-owned shipbuilder announced on February 17 it is beginning a court-ordered bankruptcy restructuring process.

South Korea To Provide Dedicated LNG Bunkering in 2017

Tri-Zen report on evolving LNG infrastructure: Part 3.

Crude Sees Another Volatile Day

Bunkers were mixed today in the primary ports.

Oil Deal "In Flames" as Iran Dismisses Output Freeze as "Ridiculous"

Instead, high-cost producers will have to "lower costs, borrow, or liquidate" to cope with the price slump.

Bunker Spill Off California Coast Linked to Vessel That Sank Over 60 Years Ago

The S.S. Jacob Luckenbach, which is said to have sunk with 457,000 gallons of bunkers on board, has been leaking fuel intermittently over the years.

Gard Warns of Shortfalls in P&I Coverage for Tankers Trading with Iran

Gard says it issued a loss prevention circular in order to assist their members in deciding whether to conduct trade with Iran.

NEDA Maritime MRV-Ready, Says Verifavia

Verifavia, which conducted a "pre-verification GAP-Analysis" audit on NEDA Maritime, says the company is "on course" for MRV regulation compliance.

China MSA Issues Guidance for Supervision and Administration of New ECA

The Maritime Safety Administration has issued a notice that details the requirements for ships calling ports within China's new ECAs.

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