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Residual Fuels Are "Not Dead Yet" Despite Stricter Environmental Regulations

Intertek Shipcare's technical manager Michael Green said that hybrid fuels using residual fuel would keep demand for the latter alive.

IEA: Prolonged OPEC Focus on Market Share, Sluggish Global Growth Could Mean $50 Oil Though 2020

Such a scenario would also mean the Middle East's share in the oil market would be higher than at any time in the last forty years.

Gener8 Back in Black on Low Bunker Prices, High Rates

The company posted a net income of $36.5 million.

Tallink Sells Fast Ferry to Support Switch to LNG Bunkers

Company says the sale proceeds will help "for the down payment of the new LNG fast ferry under construction."

"Executive Thieves" Said to be Responsible for Illegal Bunkering in Nigeria

Dr. Sofiri Joab Peterside of the University of Port Harcourt says the there is an "executive oil theft going on in the Niger Delta region."

Vitol to Aquire 15% of Pakistan Fuel Oil Sales and Storage Firm

The deal is reported to include an option for Vitol to purchase a further 10 percent stake in Hascol within one year.

Maersk Line Adds Two Services for Far East and South East India

Additions are part of "a Vessel Sharing Agreement on the Chennai Express and Slot Charter Agreement on the Chennai Express 2."

New Trader for Glander International Bunkering in Geneva

Joshua Hawkins was said to have five years industry experience and an in depth knowledge of supplying in the ARA, Singaporean, and Russian ports.

Crude Futures See Small Gains on EIA Outlook

An EIA report projected cuts by more than 20% in oil investments this year and that this trend will follow suit into next year.

South Korea Downplays Talk of a Forced Hyundai, Hanjin Merger

This is the second merger rumour to circulate in as many months.

Irving Oil Invests C$80 Million in Canadian East Coast Marine Fuel Terminal Reactivation

The marine terminal and fuel storage facility in Dartmouth, N.S. is said to be costing the oil company CAD$80 million to reopen.

Adani Bunkering to Expand its Footprints in South Asia

To supply marine fuels at all the major ports of India, Middle East and Singapore.

Rotterdam to Renew Environmental Ship Index Discounts

Port of Rotterdam explains the 10% discount for vessels that score 31 points on the index could be "doubled if ships have relatively low nitrogen emissions."

Vitol Completes Purchase of Remaining Half of VTTI from MISC for $830 Million

There will be a new chairman of the board and two new board directors.

New LNG Bunkering Vessel to Be Equipped with Wärtsilä Propulsion Solution

Wärtsilä says it will provide a dual fuel propulsion solution for a 5800 m3 LNG bunker and feeder vessel being built for Sirius Veder Gas AB.

Low Bunker Prices Encourage Tanker Rate Hedging Boom

Lower bunker prices are said to be helping carriers' bottom lines and further contributing to more speculative activity in the oil tanker freight hedging market.

Bunkering "Irregularity" Results in $19.9 Million Loss for Hambantota Port

Sri Lanka's Ports Minister, Arjuna Ranatunga, says the irregularity occurred during the country's previous administration.

Industry Insight: Singapore Cappuccino Bunker Case Study

Industry Insight: Singapore Cappuccino Bunker Case Study

This case study shows how costly it can be for a bunker buyer who does not use an impartial and independent bunker quantity surveyor.

Crude Futures Soft After Early Gains

Despite the upwards spike crude prices succumbed to the inevitable and reversed all early morning gains.

Industry Insight: A Review of OW Bunker Related Claims in New York, Singapore, and London

Industry Insight: A Review of OW Bunker Related Claims in New York, Singapore, and London

There have been far reaching effects on Owners and Charterers who stemmed bunkers prior to the collapse of OW Bunker.

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