All News

Pre-Vienna Rumour Mill Cranks Up With Freeze Talks Trumpeted Yet Again

Zero Hedge laments that any such rumours are being taken seriously.

2 Jun 2016

"Venezuela will not default" Says Del Pino as OPEC's Fragile Five Sweat Over $50 Oil

RBC Capital Markets believes the time of reckoning for OPEC's beleaguered smaller members is rapidly approaching.

2 Jun 2016

Crude Ends Day Mostly Flat

Bunker prices were mostly stable in the primary ports.

1 Jun 2016

Irish Ferries Opts for Scrubbers for ECA Compliance on Newbuild

Irish Ferries says the €144 million vessel will also be designed to deliver "optimal fuel consumption."

1 Jun 2016

Iran Fuel Oil Shipment to Asia Deferred

A Singapore-based trader says a NIOC fuel oil loading originally set for June and bound for Asia has been deferred for a later date.

1 Jun 2016

GAC Launches Bunkering and Agency Operation in Namibia

Effective June 1, GAC says it will be providing its ship agency services from its central office close to Walvis Bay port to vessels calling at the country's ports.

1 Jun 2016

United Arab Emirates and Others Predict $60 Oil This Year

But even that won't be enough for OPEC members to make their market share first policy economically viable.

1 Jun 2016

Rosneft and Hellenic Petroleum Ink Co-Operation Agreement

Among the terms agreed is the potential for Rosneft to utilize product from Hellenic Petroleum's refineries for bunkering and trading.

1 Jun 2016

CTG Scrubber Monitoring System Gains DNV GL Statement of Compliance

CTG says its Sea Sentry Exhaust Gas Scrubber Water Monitoring System has gained DNV GL's Statement of Compliance for MEPC.259(68).

1 Jun 2016

Hyundai Merchant Marine Comes One Step Closer to Stabilizing Its Business and Financial Status

Bondholders have agreed to swap more than half the company's debt with HMM stocks.

1 Jun 2016

Industry Insight: Fuel Management Tips for Smooth Sailing

Whether it is for pre bunkering procurement or post bunkering handling, management should have policies in place and monitor their compliance.

1 Jun 2016

Paris MoU Port State Control to Focus on MARPOL Annex VI Compliance

The organization of 27 participating maritime Administrations will run the concentrated inspection campaign in 2018.

1 Jun 2016

Mixed Day for Crude Futures

Bunker markets were stable to soft in the primary ports.

31 May 2016

South Korea-Based KTB Joins KPI Bridge Oil Group

KTB, which will be now be known as KPI Bridge Oil South Korea, will complement "the group's long established Singapore presence."

31 May 2016

New LNG Bunker Facility Opens in Russia

"It is important that plant's products will be used in such a promising sector of the European market as ship bunkering," says Gazprom Export.

31 May 2016

Royal Vopak Sells 40% Stake in Japanese Terminals

Royal Vopak says it has sold its stake in Nippon Vopak to Macquarie Asia Infrastructure Fund for approximately €26 million after capital gains.

31 May 2016

Monjasa Grows Sales Volumes 7% Despite "Very Difficult" Market

Monjasa says it also gained market share in Latin America's bunker markets, and "consolidated its prominent position in West Africa."

31 May 2016

New Russian Bunker Terminal Moves Forward

BFC has received a permit from Russia's Federal Marine and River Transport Agency to construct a marine oil terminal on the Turukhtanniye Islands.

31 May 2016

Dan-Bunkering Relocates Asia-Based Trader

Kasper Bækkegaard Christiansen has relocated from one of the company's Asian offices to its head office in Middelfart, Denmark as a Bunker Trader.

31 May 2016

OceanConnect Marine Opens Office in Athens

The global bunker trader and broker has also appointed Christos Katarachias as Marine Lubricants Trader.

31 May 2016