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Venezuela's Demise Could Save the Crude Market - And OPEC, Says Croft
Venezuela's Demise Could Save the Crude Market - And OPEC, Says Croft
The RBC spokeswoman also thinks conflict-plagued Libya could also alleviate the global glut.
9 Aug 2017
2020 Sulfur Cap on Bunkers is Not Enough, NGO Suggests
2020 Sulfur Cap on Bunkers is Not Enough, NGO Suggests
Friends of the Earth's Pete Christian, argues that the tightening sulfur cap on bunkers set for 2020 is "still many times more than Euro 6 standards for cars."
9 Aug 2017
IMO Has Made 2020 Compliance Unnecessarily Complicated: Inatech
IMO Has Made 2020 Compliance Unnecessarily Complicated: Inatech
"I still think there's still time to say, from January 1, 2020, let's just not sell bunkers with more than 0.50% sulfur," Alok Sharma, Global Head of Sales, Inatech, tells Ship & Bunker.
9 Aug 2017
Higher Bunker Costs Lift Eagle Bulk's Q2 Voyage Expenses by 78%
Higher Bunker Costs Lift Eagle Bulk's Q2 Voyage Expenses by 78%
The company sustained a net loss of $5.9 million during 2017's Q2, compared to a net loss of $22.5 million during the same period of 2016.
8 Aug 2017
Designs for Hydrogen Refuelling Stations Set for Launch by ITM Power
Designs for Hydrogen Refuelling Stations Set for Launch by ITM Power
The move is said to come in response to industry demand for larger scale industrial installations for refuelling heavy logistics vehicles, including ships.
8 Aug 2017
Sri Lankan Bunkering Company Receives SGS Safety Certification
Sri Lankan Bunkering Company Receives SGS Safety Certification
Advantis Bunkering has been awarded the International Occupational Health and Safety Assessment Series certification, or OHSAS 18001:2007.
8 Aug 2017
Kamji Marine Becomes Green Award's First Chinese Incentive Provider
Kamji Marine Becomes Green Award's First Chinese Incentive Provider
Husbandry agent Kamji Marine is set to provide Green Award certificate holders with discounts of as much as 5 percent on various services.
8 Aug 2017
Libya Production Comeback Symbolic of Problems OPEC Faces at Abu Dhabi: Analysts
Libya Production Comeback Symbolic of Problems OPEC Faces at Abu Dhabi: Analysts
They add that it's crucial over the next two days for the cartel to rein in Libya and Nigeria.
8 Aug 2017
OPEC Discuss Oil Deal Cheaters, but Experts Doubt Any Substantive Outcomes
OPEC Discuss Oil Deal Cheaters, but Experts Doubt Any Substantive Outcomes
They also doubt the meeting will sway prices one way or another.
8 Aug 2017
OOIL Sees Bunker Price Increase 64% YoY in 2017's H1
OOIL Sees Bunker Price Increase 64% YoY in 2017's H1
The average bunkers price recorded by OOIL in the first half of 2017 was $306 per tonne compared with $186 per tonne during the same period of 2016.
7 Aug 2017
Gazpromneft Marine Bunker Sees Sales in Russia's Northwest Grow by 16% YoY
Gazpromneft Marine Bunker Sees Sales in Russia's Northwest Grow by 16% YoY
Gazpromneft Marine Bunker sold 516,800 tonnes of bunkers in Russia's Northwest during the first half of 2017.
7 Aug 2017
Rolls-Royce to Equip "Eco-Friendly" Cruise Vessel for Mystic Cruises
Rolls-Royce to Equip "Eco-Friendly" Cruise Vessel for Mystic Cruises
Rolls-Royce says it will equip the expeditionary oceanic cruise ship with "environmentally sustainable and top of the line technology."
7 Aug 2017
Tanker Arrested in Singapore
Tanker Arrested in Singapore
The 9,200 DWT Captain Silver was detailed following action taken by local law firm Resource Law LLC.
7 Aug 2017
K Line Group Launches Environmental Management Promotion System
K Line Group Launches Environmental Management Promotion System
K Line says the Drive Green Network is intended to strengthen the group's environmental management, setting environmental policies and targets.
7 Aug 2017
EMSA Launches System to Support EU MRV Regulation Implementation
EMSA Launches System to Support EU MRV Regulation Implementation
The THETIS-MRV system enables companies to prepare monitoring plans and release emission reports and documents to EC and flag state authorities.
7 Aug 2017
New Bunkering Operations to Commence in Iraq
New Bunkering Operations to Commence in Iraq
Bunkering and other activities to be conducted by AISSOT, a joint-venture company of Iraqi Oil Tankers Company (IOTC) and Arab Maritime Petroleum Transport Company (AMPTC).
7 Aug 2017
KPI Bridge Oil Appoints New Bunker & Lubricant Trader in Singapore
KPI Bridge Oil Appoints New Bunker & Lubricant Trader in Singapore
Brenda Lim, who has more than six years experience in the industry, has worked as a Bunker Trader for the past three years.
7 Aug 2017
Vitol Newbuild LPG Carriers to Feature Exhaust Gas Scrubbers
Vitol Newbuild LPG Carriers to Feature Exhaust Gas Scrubbers
The scrubbers will allow the carriers to continue burning otherwise noncompliant HFO when the 0.50% global sulfur cap for marine fuel comes into force in 2020.
4 Aug 2017
Fujairah Sees "Lackluster" Bunker Demand as Stockpiles Rise
Fujairah Sees "Lackluster" Bunker Demand as Stockpiles Rise
Sentiment in the Singapore market has also cooled, according to sources.
4 Aug 2017
Oil Ends the Week Firm, but Downward Correction Is Coming: Barclays
Oil Ends the Week Firm, but Downward Correction Is Coming: Barclays
Fridays gains were also driven by a good U.S. jobs report rather than improved fundamentals.
4 Aug 2017