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Crude Prices Near $70/bbl Due to OPEC Compliance, But Saudis Say It's Still Not Enough to Spur Investment
Crude Prices Near $70/bbl Due to OPEC Compliance, But Saudis Say It's Still Not Enough to Spur Investment
The kingdom's energy minister says investment is about $1 trillion below what it was before the drop in crude prices.
22 Mar 2018
Weekly Vessel Scrapping Report: 2018 Week 12
Weekly Vessel Scrapping Report: 2018 Week 12
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 15 – March 21, 2018.
22 Mar 2018
Premium for Cepsa's 0.50%S IMO2020 Bunkers Could Be as Low as $120/Mt over HSFO
Premium for Cepsa's 0.50%S IMO2020 Bunkers Could Be as Low as $120/Mt over HSFO
Product will be available in Spanish ports with a viscosity of around 200 cSt.
22 Mar 2018
Canada Contemplates Reality of "Lower Forever" Oil Prices as Big Business Ramps Up Efforts to Go Green
Canada Contemplates Reality of "Lower Forever" Oil Prices as Big Business Ramps Up Efforts to Go Green
iconic brands from Microsoft to McDonald's are increasingly looking to adopt "sustainable" energy alternatives.
22 Mar 2018
CEPSA Unveils LNG / HFO / MGO Multi-Product Bunker Supply Vessel
CEPSA Unveils LNG / HFO / MGO Multi-Product Bunker Supply Vessel
The vessel is also fitted with a Mass Flow Meter (MFM) technology to measure bunker delivery volumes.
22 Mar 2018
New Research Sheds Light on ECA Compliance
New Research Sheds Light on ECA Compliance
Rates vary across region, some companies persistent offenders.
22 Mar 2018
Singapore: MGO Theft Case Sees 22 Put Behind Bars
Singapore: MGO Theft Case Sees 22 Put Behind Bars
Ship-to-ship transfers used to take illegal fuel.
22 Mar 2018
IMO2020 Rule Lets Sophisticated Refineries Print Money: Wood Mackenzie
IMO2020 Rule Lets Sophisticated Refineries Print Money: Wood Mackenzie
BP and US Gulf Coast refiners predicted to be among the winners from the new sulfur cap.
22 Mar 2018
Crude Up Again Due to Surprise Inventory Decline, But Traders Ignore All Time High Output Build
Crude Up Again Due to Surprise Inventory Decline, But Traders Ignore All Time High Output Build
One analyst says traders will have to face the realities of the production build sooner or later.
21 Mar 2018
Costlier Fuels Post-2020 Could Lend Support to Methanol as Alternative Bunker Fuel
Costlier Fuels Post-2020 Could Lend Support to Methanol as Alternative Bunker Fuel
For certain types of ships.
21 Mar 2018
Star Bulk to Look at Renewable Energy for Bulkers
Star Bulk to Look at Renewable Energy for Bulkers
Via joint study with Eco Marine Power.
21 Mar 2018
Canada, Marshall Islands Highlight "Other Impacts" from Arctic HFO Ban
Canada, Marshall Islands Highlight "Other Impacts" from Arctic HFO Ban
Finland also looks to ban HFO by 2021.
21 Mar 2018
Shipping Companies Starting to Feel the Benefits Digital Bunker Buying: BunkerEx
Shipping Companies Starting to Feel the Benefits Digital Bunker Buying: BunkerEx
Benefits of going digital not just about price, says CEO Ishaan Hemnani.
21 Mar 2018
2020 on the Agenda as Industry Leaders Meet in Istanbul
2020 on the Agenda as Industry Leaders Meet in Istanbul
Turkey Prime Minister Mr Binali Yildirim and IMO Secretary General Mr Kitack Lim were among those in attendance.
21 Mar 2018
"Raging" Fuel Oil Storage Fire in Singapore
"Raging" Fuel Oil Storage Fire in Singapore
Some 128 personal and 31 firefighting and support vehicles tackle blaze.
21 Mar 2018
Russia, Vitol Urge That OPEC Cutbacks Be Extended - While Saudis Set January Record For Exports
Russia, Vitol Urge That OPEC Cutbacks Be Extended - While Saudis Set January Record For Exports
Vitol's chairman blames U.S. shale for weakening the crude market.
20 Mar 2018
Singapore: BW Group Releases New Informational Video on MFM Bunkering
Singapore: BW Group Releases New Informational Video on MFM Bunkering
"BW supports the mass flow meters bunkering system and looks forward to its implementation world-wide," says Billy Chiu, BW Group Senior Vice President.
20 Mar 2018
Damen Ferry Project Latest to Go Full Electric
Damen Ferry Project Latest to Go Full Electric
The two new vessels were originally envisaged to be "hybrid-ready".
20 Mar 2018
Crude Firms on Geopolitical Tension, but Saudis See a "Stable" Market Ahead
Crude Firms on Geopolitical Tension, but Saudis See a "Stable" Market Ahead
Meanwhile, the price discrepancy between WTI and Brent will reportedly cause headaches for OPEC.
20 Mar 2018
Varo Energy Eyes Growth With Planned IPO Valued at €2bn
Varo Energy Eyes Growth With Planned IPO Valued at €2bn
The company operates throughout the European refining, storage, and fuel supply chain, and is active in the region's bunker markets.
20 Mar 2018