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Crude Down for 4th Day

Bunker prices were soft in the primary ports.

Weekly Vessel Scrapping Report: 2016 Week 34

Weekly Vessel Scrapping Report: 2016 Week 34

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from August 25 – September 1, 2016.

Lanka IOC Eyes Bunkering Expansion at Trincomalee

The company is said to currently operate one bunker barge with a 400 mt capacity of 380 cSt and 400 mt capacity of MGO.

Suez Renews Discounts to Containerships Transiting the Canal

SCA says it will be extending its discounts to containerships, originally announced in June, until December 31, 2016.

Buy Your Chinese ECA Bunkers in China: INTERTANKO

"It provides better protection as the ships would have documentation to demonstrate the fuel purchased is compliant," says INTERTANKO

New Bunkering Tanker Launched for Norilsk Nickel

The 1,200 DWT vessel, which is named Vladimir Matveyev, is said to be currently en route to deployment at the port of Dudinka.

Hanjin Panamax Arrested in Singapore

The 1998-built Hanjin Rome was detained on Monday.

Saudi Arabia Sends Mixed Signals About Adding to a "Saturated" Global Market

In the same interview, the kingdom stated it won't further flood the market but will, however, meet consumer demand at any price.

On Again Off Again Iraq Is On Again For An OPEC Production Freeze

Prime Minister Haidar Al-Abadi says the drop in oil prices is causing volatility in his country.

Sixth of Eight Eco-Friendly LNG-Ready Tankers Launched for Sea-Vista

The Constitution is a 50,000 DWT LNG-conversion-ready product tanker.

Hanjin Shipping Files for Court Receivership as Creditors Withdraw Backing

Move paves the way for what could be by far the biggest ever container shipping failure.

Crude Falls Another 3%

Bunker prices continued to soften in the primary ports.

Shell Launches "Revitalised" LubeMonitor Service

Shell Marine says the revamped service will be simpler, faster and better.

DuPont Completes First In-Line, Multi-Engine Scrubber Installs

The installations were completed on three auxiliary engines of two newbuild bulk carriers.

Extended Health Check Programme Supports Vessel Fuel Efficiency and Emission Reductions, Says Royston

Royston says its new engine diagnostic, health check, and consultancy service offering supports vessel lifespan, fuel savings, and emissions reductions.

DNV GL Undertakes Research Project to Support EU Adoption of LNG as Fuel

The results of the project, coordinated by Enagas, will help inform Spanish and Portuguese national policy frameworks for alternative fuels supply infrastructure.

ABB Turns to Torque Monitoring for Latest Bunker Saving Tech

"The shipping industry is turning to technology to make their fleets more efficient," says ABB's Juha Koskela.

SK Shipping Chooses Dual-Fuel Engines for 2 New LNG Carriers

The engines are capable of burning LNG, HFO, MDO, and MGO.

Oil Prices Drop as Iran Does About Face and Declares Production Increase By Year End

The Islamic republic plans to boost output by 200,000 barrels per day.

Maxum Petroleum Announces New Bunkering Vessel

The 150,000 gallon vessel is said to have six pairs of cargo tanks that provide capacity for 3,700 barrels of MGO and 24,000 gallons lube oil.

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