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K-Line Says Suggestion of Possible Bankruptcy is "False"

"The message contained in the e-mails is unfounded without basis of any financial analysis and what is stated therein is false," confirmed K Line.

Russian Economy Hinges on $40 Oil, Finance Minister Warns That Freeze Talks Won't Have Desired Outcome

The minister adds that increases rather than a freeze are imminent for his country.

New Environmentally Acceptable Lubricants Launched by Klüber

Klüber says its focus for this year is on its biodegradable Klüberbio EG 2 gear oils

Oil Slumps as Saudi Offer to Iran Prior to Freeze Deal Proves Empty

Zero Hedge warns that over-enthusiastic reporting will cause further market mayhem prior to Algeria.

Two Injured In Bunker Tanker Explosion in Italy

The resulting fire was extinguished shortly after the explosion, and no spills have been reported.

IBIA Welcomes Danish Authorities' Efforts Against Bunker Fraud

The comments come following news yesterday that a Danish bunker company has been found guilty of a DKK24 million fraud against one of its customers.

Monjasa CEO and Co-Founder Jan Jacobsen Steps Down

The move is said to due to personal reasons.

Sirius Shipping Places Order for Two Bunker-Saving, LNG-Ready Tankers

The 7,999 DWT design is said to feature proven hull lines to reduce fuel consumption, making it "one of the most efficient vessel in its segment."

No Bunker Holding Companies Involved in Danish Bunker Fraud Case: Østergaard-Nielsen

The name of the Danish bunker company found guilty yesterday of a DKK24 million ($3.6 million) fraud is protected by court-ordered anonymity.

EPA Says Clean Strategies and Tech the Key to Greener Ports

The declaration is the result of a new report, "the National Port Strategy Assessment: Reducing Air Pollution and Greenhouse Gases at U.S. Ports."

APT Sees Keel Laid for Newest LNG-Ready Tanker

The vessel is the third in a series of four such vessels being built for APT by Philly Shipyard.

Maersk Line Eyes Increased Market Share Following Historic Maersk Shake-Up

But chief executive Soren Skou ruled out placing orders for new vessels, saying: "There are already enough ships in the world."

Dubai Mercantile Exchange Lists Two New Fuel Oil Derivatives

The new 180 cSt and 380 cSt contracts are intended to hedge the price differentials between Middle East fuel oil and Singapore fuel oil.

Crude Continues to Make Gains

Bunker prices were still firming in the primary ports.

Danish Bunker Supplier Found Guilty of $3.6 million Fraud

The court found that the accused deliberately delivered less fuel than the customer had paid for.

Weekly Vessel Scrapping Report: 2016 Week 37

Weekly Vessel Scrapping Report: 2016 Week 37

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from September 15 - September 21, 2016.

Elengy and Gate Terminal to Cooperate on Development of LNG Services, Including Bunkering

Elengy has signed a MoU with Gate terminal to cooperate on the development of LNG related services, including bunkering and truck loading.

Pavilion Energy and ExxonMobil to Partner on LNG Bunkering in Singapore

Seah Moon Ming, CEO of Pavilion, says the companies will work to develop and enhance LNG bunkering procedures, beginning with truck to ship deliveries.

Two Guides for Bunker Quality Disputes Issued by West of England P&I

The two new guides are intended to to assist owners and operators in dealing with such disputes.

Saudi Arabia And Iran Meet Prior to Algiers as UAE Warns Against Any "Quick Solutions"

Despite overwhelming evidence, some pundits think the meeting heralds a freeze accord.

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