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Singapore Launches World's First National Standard for Bunker Mass Flow Metering

World's busiest bunker port announces Technical Reference around mass flow metering in a bid to enhance standards around bunker transfer measurement.

Saudi Arabia, Russia, Qatar, Venezuela Agree to Oil Output Freeze

But analysts say the initiative will have little or no effect.

Crude Futures End the Day Down After a Volatile Day

Bunkers were mixed today in the primary ports as suppliers tried to move in tandem with oil prices.

Tests Suggest Panama Canal Lock Leaks Fixed

The Panama Canal Authority reports leaking sill has been repaired by GUPC

Bunker Saving Tech Firm Marorka Appoints New CEO

Board of directors announces Juergen Kudritzki will take reigns at digital fleet management firm.

OW Bunker: UK Court Grants Leave to Appeal in Res Cogitans Test Case

The date for the hearing has not yet been announced.

New Middlefart-Based Trader for Dan-Bunkering

Nikolaj Roushmann will work out of head office in Denmark.

Iran Loads First Europe-Bound Crude Shipments

Iran was reported to have three initial Europe-bound crude shipments planned, collectively totaling 4 million barrels.

A "Growing Consensus" Within OPEC Over Reducing Oil Glut

Nigeria's oil minister believes discussions to find solutions will intensify as the June date for OPEC's next meeting approaches.

First North American LNG Bunkering Terminal Opens

The first bunkering operation at the facility is said to have included the transfer of 43,000 gallons of LNG to the M/V Harvey Energy.

Saudi, Russia, Venezuela Meeting in Qatar Prompts Price Rally

But analysts continue to question the efficacy of any plans to cut output.

Singapore Monthly Bunker Sales Over 4 Million mt for Second Consecutive Month

There were 3,640 calls for bunkers during the month, the second highest ever.

Rosneft, Pietro Barbaro to Jointly Enter Global Oil Shipping Markets

Rosneft says a deal would "significantly boost the efficiency of our logistics division."

Bunker-Saving Coatings Manufacturer Jotun Group Enjoys 57% Jump in Operating Profit

The Jotun Group announced growth in sales and volume in all segments and regions in 2015.

OPEC Willingness to Talk Cuts Either "Poppycock" or Evidence That "Hell Froze Over"

Analysts warn that the current oil price rebound is based on false hope.

January Sees Huge Spike in Dry Bulk Scrapping

53 dry bulk vessels were scrapped in the first month of 2016, accounting for 70% of all vessels scrapped in January, and a 20% increase from December.

2020 Global Sulfur Cap: IBIA Warns of Extreme Price Differentials, Low Compliance Levels

The IBIA says supply of marine fuel with a less than 0.5% sulfur content will likely be insufficient if the global sulfur cap is implemented on bunkers in 2020.

Safe Bulkers: Losses Wider than Expected Despite Low Bunker Price Fuelled 32% Reduction in Voyage Costs

But investors seem undeterred, with the company's share price rising some 30% last week.

US Shale Oil Production to Double in 20 years: BP

The British energy giant credits technological innovation for the rise.

Viswa Lab: ISO8217:2010 Favours Bunker Suppliers

The company says Clause 5 and Annex B protect fuel suppliers from penalty in the event of engine failure due to poor or contaminated bunker fuel quality.

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