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Crude Volatility Continues

The bunker markets direction tomorrow is expected to be largely determined by EIA's inventory statistics released late this week due to the holiday.

No Major Obstacles for LNG Bunker Adoption, Says DNV GL

DNV GL has submitted a report to the EU that offers guidance on how to address barriers to the widespread adoption of LNG bunkers.

Latest US Navy Biofuel Bunkers Are Bad For the Environment, Expensive, Barely Biofuel At All, Says Critic

"It is conventional fuel with an expensive additive," T. A. Kiefer, retired U.S. Navy Captain and energy consultant tells Ship & Bunker.

Crude And British Pound Plunge As Brexit Fears Resurface

But analysts insist that many other factors are also responsible for Tuesday's losses.

Despite Reform Talk, Iran is Keeping Unfavourable International Oil Contract System

But last minute amendments are being made to appease critics both in Iran and abroad.

Singapore Power Couple with Bunker Interests in Legal Spat with Siblings

Ong Beng Seng and his wife Christina Ong are being sued for allegedly failing to honour a share swap agreement involving their stake in Kuo International.

Dry Bulk: Virtually Every Company in the Industry is Still at Risk, Says New Report

The news comes as the Baltic Dry Index has jumped more than 100 points in a little over two weeks to a near 2016 high of 692.

DNV GL Grants Oriental Jubilee First Scrubber Ready Notation

In order to meet future emission control regulations, the 84,000 m3 LPG Carrier has been prepared for the installation of a hybrid scrubber system.

ARA Physical Bunker Supplier Files for Bankruptcy

"I would like to say a thank you to all our past customers," a spokesperson for the company told Ship & Bunker.

Crude Down, But OPEC Production Improving

Bunker markets were soft today but buyers should beware and expect a volatile environment with steep dips and strong spikes.

Fratelli: Singapore Mass Flow Meters Will Change Everything

"It will rebuild the trust between shipowners and bunkers in Singapore - trust that was lost in the last few years," says Managing Director Guido Cardullo.

Nigeria Recovery Leads OPEC to June Oil Production Gains

But OPEC's gains are still short of what will be necessary to accommodate consumption in 2017.

Gibson: Low Bunker Price Erodes Eco-Tanker Advantage, Supports Tanker Fleet Growth

Only 34 tankers have been scrapped over the last year.

Bullish Saudis Seem Happy with $50 Oil, But Stability of Market Is In Serious Question

A host of factors could send prices plummeting again.

Clean Up Operations Underway on Bunker Spill from Grounded Cruise Ship

MV Qing is said to have grounded last week at the Western India Shipyard jetty inside Goa's Mormugao Port.

GOIL: Ghana Only Meeting a Fraction of its Potential Bunker Market Demand

Managing Director Patrick Akorli says GOIL is positioning itself to lead the expansion of Ghana's bunker market.

Water Most Common Reason for Off-Spec HFO, V.Group Study Finds

Carbon residue was said to be the most common cause for off-spec distillates.

TESO Takes Delivery of "Environmentally Friendly" Solar Hybrid Ferry

The vessel can utilise either low sulfur bio diesel, compressed natural gas, or solar energy for propulsion.

Ignorance About the Difference Between Brokers, Traders and Physicals is Pervasive - Using a Broker Reduces Risk

Ignorance About the Difference Between Brokers, Traders and Physicals is Pervasive - Using a Broker Reduces Risk

The fact that many experienced people in the market are still confused about the difference between a broker and a trader/supplier is shocking and risky, writes LQM CEO Marisa Femenia.

Debunkering of Bulker Brawl MV Benita "Making Good Progress"

No further signs of oil residue or pollution around the grounded MV Benita, although specialised anti-pollution booms are still in place along the shoreline.

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