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Spectre of Europe Taking Independent Action on Shipping GHG Regulations Moves Closer
Spectre of Europe Taking Independent Action on Shipping GHG Regulations Moves Closer
MEP Jytte Guteland says such action will be taken if the strategy adopted at this week's MEPC72 is deemed "too lame."
11 Apr 2018
Saudi Ambition, Middle East Tensions Send Brent Prices to 2014 Highs
Saudi Ambition, Middle East Tensions Send Brent Prices to 2014 Highs
China bowing to U.S. pressure also supported crude prices on Tuesday.
10 Apr 2018
IEA Sees Oil Glut Clear in 3 Months as Saudis Push for $80/bbl Oil
IEA Sees Oil Glut Clear in 3 Months as Saudis Push for $80/bbl Oil
But the IEA also notes that it's not yet "mission accomplished" for the OPEC cutbacks.
10 Apr 2018
Permanent LNG Bunkering Facility Planned for Antwerp
Permanent LNG Bunkering Facility Planned for Antwerp
Fluxys currently provides LNG to ships and barges via an existing truck-to-ship bunkering service.
10 Apr 2018
More Scrubber Retrofits for Carnival
More Scrubber Retrofits for Carnival
Ventura, operated by the P&O Cruises brand, gets two Exhaust Gas Cleaning Systems.
10 Apr 2018
HMM to Use LNG Bunkers or Scrubbers for 20 Mega-Boxship Newbuilds
HMM to Use LNG Bunkers or Scrubbers for 20 Mega-Boxship Newbuilds
Ultimate decision to be made following discussions with the finally selected shipbuilder.
10 Apr 2018
6 Ways for Shippers to Reduce Bunker Costs
6 Ways for Shippers to Reduce Bunker Costs
Slow steaming, use of an intermediary, and reducing the risk of claims should all be part of the equation, writes BunkerEx CEO Ishaan Hemnani.
10 Apr 2018
Energy Petrol and As-Yakıt Petrol Elected to Turkish Chamber of Maritime's Bunker Committee
Energy Petrol and As-Yakıt Petrol Elected to Turkish Chamber of Maritime's Bunker Committee
The pair, along with their team, will serve for the next four years.
10 Apr 2018
IMO2020: Uncertainty Over Regulatory Changes Holding Back Scrubber Investment
IMO2020: Uncertainty Over Regulatory Changes Holding Back Scrubber Investment
A wait and see attitude is the "rational" choice amid concern upcoming environmental legislation could limit or completely outlaw their use.
9 Apr 2018
Drewry IMO2020 Survey: Only 66% of Shipowners Believe 0.50% Sulfur Cap Will Be Enforced as Planned from 2020
Drewry IMO2020 Survey: Only 66% of Shipowners Believe 0.50% Sulfur Cap Will Be Enforced as Planned from 2020
Respondents also echoed the widely held belief that using low sulfur fuel would be the compliance method of choice for the majority of vessels.
9 Apr 2018
Geopolitics Sends Crude Prices Higher by 2%, but Expert Thinks an Oil Crisis is Brewing
Geopolitics Sends Crude Prices Higher by 2%, but Expert Thinks an Oil Crisis is Brewing
Robert Rapier believes lack of investment and rising demand will cause chaos in the 2020s.
9 Apr 2018
IMO2020: BV Warns on Risk of Bunker Contamination, Accidental Noncompliance
IMO2020: BV Warns on Risk of Bunker Contamination, Accidental Noncompliance
A flush of the entire tank system will be needed for those switching to compliant fuels come 2020.
9 Apr 2018
New Bunkering Facilities Eyed for Chennai
New Bunkering Facilities Eyed for Chennai
Project is one of several under consideration for the coming year.
9 Apr 2018
Singapore to Get Its First LNG-Powered Bunker Tanker
Singapore to Get Its First LNG-Powered Bunker Tanker
Ordered by local player Sinanju Tankers and Japanese partner.
9 Apr 2018
Sovcomflot Signs off Finance on Dual-Fuel Newbuilds
Sovcomflot Signs off Finance on Dual-Fuel Newbuilds
To be delivered from the tale end of this year.
9 Apr 2018
Friday Oil Markets: Russia Eyes Indefinite Liaison with OPEC as Bahrain Signals its Intent to Join the Shale Boom
Friday Oil Markets: Russia Eyes Indefinite Liaison with OPEC as Bahrain Signals its Intent to Join the Shale Boom
Meanwhile, crude prices are headed for their biggest weekly fall since March.
6 Apr 2018
IMO 2020: Is Not Knowing Worth the Wait?
IMO 2020: Is Not Knowing Worth the Wait?
Isn't it strange that shipping doesn't know what will go into its collective fuel tank come 2020? asks price reporting agency Platts.
6 Apr 2018
Denmark: Lars Moller Denies Culpability in OW Bankruptcy Case
Denmark: Lars Moller Denies Culpability in OW Bankruptcy Case
Former DOT head claims no knowledge of ballooning credit lines.
6 Apr 2018
Compromise and Ambition at MEPC 72: What's on the Agenda, What's Not an Option?
Compromise and Ambition at MEPC 72: What's on the Agenda, What's Not an Option?
A GHG emissions reduction strategy, best practice guidance for bunker buyers and suppliers, and a fuel oil carriage ban among items up for consideration.
6 Apr 2018
Thursday Oil Markets: Crude Firms as Qatar Maintains it Still Too Early to Exit Oil Deal
Thursday Oil Markets: Crude Firms as Qatar Maintains it Still Too Early to Exit Oil Deal
Traders' fears over a U.S.trade war with China seem to have fizzled out completely.
5 Apr 2018