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Oil Rally Looks Like Last Year's False Recovery: Commerzbank

BNP Paribas are among those reiterating warnings for $30 oil.

OPEC Exacerbates Global Oil Glut with Near Record High Output

Iran posted the biggest production increases in April at 3.40 million barrels per day.

CMA CGM Announces EC Approval of NOL acquisition

The Phase 1 review was approved under the condition that NOL's exit the G6 shipping alliance, which both companies have already agreed to.

Analysts Worry that Oil Rally Will "Run Out of Steam Soon"

They cite on-going global stockpile increases as the cause of their concern.

Ceramic Membrane Scrubber First at Cosco Shipyard

The scrubber technology has been installed on MG Management's RO-RO carrier, NOLHANAVA.

UECC "First of Its Kind" LNG Propelled Car Carrier Launched

A formal launching ceremony for the dual-fuel LNG-propulsion capable car carrier, TBN Auto Eco, was held on April 14.

Mercuria U.S. Fuel Oil Head to Join Hartree: Reports

Anonymous sources said Joe Garcia has resigned his position as head of Mercuria Energy Group's U.S. operations.

As Oil Hits 2016 high, Danish analyst Predicts Shipping Will Lead a Recovery in Offshore Markets

However, detractors insist that the price rally is being driven by a weak dollar.

World Fuel Services: Q1 Volumes Flat at 7.7M mt, but Profit Slips on "Continued Weakness in the Marine Markets"

Unseasonably warm weather in the U.K. and U.S also played a factor in the overall result, WFS said.

Weekly Vessel Scrapping Report: 2016 Week 16

Weekly Vessel Scrapping Report: 2016 Week 16

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from April 21 – April 27, 2016.

T&E: EU Failure on Arctic HFO Ban "Major Cause of Concern"

While the group welcomed EC efforts to implement climate mitigation and adaptation strategies, it calls on the EU to ban on HFO, a "toxic pollutant."

ABB Partners with Cavotec for Shore Power to Develop "Green Ports"

ABB says it will encourage the development of "green ports."

Singapore: Top 20 Singapore Bunker Supplier has Licence Revoked as MPA Takes Action Against Two Players

MPA says there were "discrepancies and wrongful declarations."

MPs Back Call for Cold Ironing at New London Cruise Terminal

"Levels of air pollution are far too high in our capital," says MP.

GAC Launches EnvironHull Fuel Cost Savings Calculator

"A foul-free hull offers the benefits of significantly enhanced fuel efficiency," says GAC.

Colombo Tightness to Ease Friday

A tanker is set to arrive Friday, local sources tell Ship & Bunker.

Vessel Arrested Over Unpaid Replacement Bunkers

The case has been brought by Monjasa over a deal originating from last year.

Two Tankers Arrested in Singapore

An Aframax and a Suezmax have been arrested over the last week.

IMB: Global Piracy Down, West African Violence Up

"Reports in the last quarter indicate unacceptable violence against ships and crews in the Gulf of Guinea, particularly around Nigeria," stated IMB's Director.

Insiders say $50 Oil May Cause a Floodgate of Activity

More rigs and better cash flow will be the outcome of higher prices.

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