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Get Set For a Return to the $30s, Say Two Oil Experts
Get Set For a Return to the $30s, Say Two Oil Experts
Meanwhile, a CNBC analysis suggests another few months of further price drops.
22 Jun 2017
Crude Heading for Biggest Drop in 20 Years as Traders Reject OPEC Cutback Effectiveness
Crude Heading for Biggest Drop in 20 Years as Traders Reject OPEC Cutback Effectiveness
But one expert thinks the market is being overly unresponsive to world events.
22 Jun 2017
AkzoNobel Launches New Big Data Hull Performance Prediction Tool
AkzoNobel Launches New Big Data Hull Performance Prediction Tool
Intertrac Vision Lite has been developed to showcase key features of the full Intertrac Vision tool.
21 Jun 2017
GMN Project for Ship Efficiency Issues Call for Stakeholder Participation
GMN Project for Ship Efficiency Issues Call for Stakeholder Participation
Interest is being sought from individuals within specified organisations to become members of the project's Global Stakeholder Committee.
21 Jun 2017
Teekay Marks Completion of Sea Trials for Tri-Fuel Newbuild
Teekay Marks Completion of Sea Trials for Tri-Fuel Newbuild
Pan Asia is the first of four 174,000 cbm tri-fuel diesel electric LNG carrier newbuildings.
21 Jun 2017
Authorities in the Philippines Request Shipping Company's Debunkering Plans for Sunken Vessel
Authorities in the Philippines Request Shipping Company's Debunkering Plans for Sunken Vessel
Talisay City officials have requested that that Seen Sam Shipping provide plans for the debunkering of 4,000 litres of bunkers from the MV Fortuner.
21 Jun 2017
Egypt and Singapore-Based Companies Face $1.9 Million Penalty Related to Oily Waste Dumping, Pollution
Egypt and Singapore-Based Companies Face $1.9 Million Penalty Related to Oily Waste Dumping, Pollution
The two defendants include the owner of the oil tanker M/T ETC MENA, the Egyptian Tanker Company, and the vessel's operator, Thome Ship Management.
21 Jun 2017
Prysmian to Supply Cables that Deliver Renewable Energy to Zero-Emission Vessel
Prysmian to Supply Cables that Deliver Renewable Energy to Zero-Emission Vessel
Energy Observer is a hydrogen-powered yacht slated to embark on a zero-emissions around-the-world voyage.
21 Jun 2017
Quadrise Receives Interim LONO from MSAR Emulsion Bunker Trial
Quadrise Receives Interim LONO from MSAR Emulsion Bunker Trial
The interim Letter of No Objection from Wärtsilä is related to Maersk Line's operational trial of Quadrise's MSAR emulsion bunker fuel.
21 Jun 2017
Crude Down Again, Officially Enters a Bear Market
Crude Down Again, Officially Enters a Bear Market
Bunker prices were softening in the primary ports.
20 Jun 2017
VPS Appoints Account Manager for UK, France & Belgium
VPS Appoints Account Manager for UK, France & Belgium
"Ian brings an exceptional combination of in-depth Marine industry technical and testing knowledge," says VPS Director Steve Bee.
20 Jun 2017
New Trader for Dan-Bunkering in Dubai
New Trader for Dan-Bunkering in Dubai
Radhik Pillai has joined as Bunker Trader effective June 1, 2017.
20 Jun 2017
SLNG Marks Another Milestone Toward Singapore LNG Bunkering
SLNG Marks Another Milestone Toward Singapore LNG Bunkering
SLNG completed its first small scale LNG gas-up/cool-down and reload at its Jurong Island Terminal using Shell's 6,500m3 LNG bunker vessel, Cardissa.
20 Jun 2017
Wärtsilä Set to Supply Engines for Dual-Fuel Tanker Newbuilds
Wärtsilä Set to Supply Engines for Dual-Fuel Tanker Newbuilds
The ships will run on both LNG and diesel, and are being built at the Scheepswerf Ferus Smit shipyard for Erik Thun AB.
20 Jun 2017
Saudis Insist Market Re-Balance Is Imminent Although Oil Tanker Storage Growth Suggests Otherwise
Saudis Insist Market Re-Balance Is Imminent Although Oil Tanker Storage Growth Suggests Otherwise
Bloomberg also disputes the figures used by the Saudis to support their argument for a re-balance.
20 Jun 2017
Crude Falls to New 7-month Low as U.S. Rig Count Climbs Yet Again
Crude Falls to New 7-month Low as U.S. Rig Count Climbs Yet Again
Canada too is boosting its production capacity.
20 Jun 2017
Qatar Petroleum Establishes Bunkering for Qatar with "Temporary" Ship-to-Ship Facility
Qatar Petroleum Establishes Bunkering for Qatar with "Temporary" Ship-to-Ship Facility
Saad Sherida Al-Kaabi, president and CEO, called the move "a first, and important, step towards self-reliance for fuel-oil bunkering solutions."
19 Jun 2017
Lanka Marine Services Launches Digital Bunkering Initiatives
Lanka Marine Services Launches Digital Bunkering Initiatives
In today's world where real time information in the bunker supply industry is a rarity, LMS is confident this initiative will add value to its Customers," says LMS.
19 Jun 2017
ICS Calls on IMO to Support Implementation Date Proposal for BWM Convention
ICS Calls on IMO to Support Implementation Date Proposal for BWM Convention
The proposal was put forth to the IMO by Brazil, Cook Islands, India, Norway, Liberia, and UK.
19 Jun 2017
European Ports Set to Be Affected by Dockworker Strike Action
European Ports Set to Be Affected by Dockworker Strike Action
As a show of support for their Spanish counterparts, dockworkers at European ports are set to stop work for two hours on June 29.
19 Jun 2017