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Russia Joins Call for Continued Output Cuts As U.S. Production Set to Exceed 6.5 Million Barrels in February
Russia Joins Call for Continued Output Cuts As U.S. Production Set to Exceed 6.5 Million Barrels in February
Meanwhile, Fat Prophets envisions WTI hitting $80 by year-end.
17 Jan 2018
Oil Prices Fall Back Tuesday but Demand Still Seen Supporting $70/bbl
Oil Prices Fall Back Tuesday but Demand Still Seen Supporting $70/bbl
However, one expert warns that neither the OPEC cuts nor demand are strong enough to sustain the high crude prices.
16 Jan 2018
Clean Arctic Alliance Praises EU Parliament's Latest Step Toward HFO-Free Arctic
Clean Arctic Alliance Praises EU Parliament's Latest Step Toward HFO-Free Arctic
The EU Parliament passed a resolution on international ocean governance in the context of the 2030 Sustainable Development Goals.
16 Jan 2018
DNV GL Joint Project to Test Biodegradable Lubricants
DNV GL Joint Project to Test Biodegradable Lubricants
The project will test the potential influence of Environmentally Acceptable Lubricants on failures in stern tube bearings.
16 Jan 2018
Class Approval Granted to Kongsberg Digital Engine Room Simulator for LNG-Fuelled Vessels
Class Approval Granted to Kongsberg Digital Engine Room Simulator for LNG-Fuelled Vessels
The certification verifies that the DEDF Cruise Ferry model for K-Sim Engine meets approved standards to deliver training that complies with the IGF code.
16 Jan 2018
Make Haste to Meet 2020 Sulfur Cap, Warns Marsh
Make Haste to Meet 2020 Sulfur Cap, Warns Marsh
As non-compliance could scupper a ship's insurance cover
16 Jan 2018
New Company PSTV Energy Takes on Mantle of Endofa DMCC
New Company PSTV Energy Takes on Mantle of Endofa DMCC
Company similar to previous unit but has new owners,
16 Jan 2018
New Hire at Malik
New Hire at Malik
Company adds senior bunker trader to team
16 Jan 2018
Sanchi Sinking: Bunker Spill Fears Compound Worst Oil Ship Disaster in Decades
Sanchi Sinking: Bunker Spill Fears Compound Worst Oil Ship Disaster in Decades
"A large heavy fuel spill into the waters of China's largest fishery would compound the tragedy," Sue Libenson, Senior Arctic Program Officer, Pacific Environment, tells Ship & Bunker.
16 Jan 2018
Pakistan Player: Discount HFO Prices Will Last Until at Least June
Pakistan Player: Discount HFO Prices Will Last Until at Least June
"We have smooth avails on IFO 180 at lower prices than the major hubs such as Fujairah and Singapore,"
16 Jan 2018
Industry Insight: The Year Ahead in Data and How EU-MRV Is Affecting the Digital Landscape
Industry Insight: The Year Ahead in Data and How EU-MRV Is Affecting the Digital Landscape
"Increasing access to data offers a chance to help shipping businesses of all sizes to thrive,"
16 Jan 2018
Iraq Nears 5 Million Barrel Output Capacity But Calls on OPEC to Maintain Its Production Cuts
Iraq Nears 5 Million Barrel Output Capacity But Calls on OPEC to Maintain Its Production Cuts
Meanwhile,Venezuela claims its oil output is recovering.
15 Jan 2018
Strong Trend on Emissions Reduction Efforts Behind Growing Interest in E-Ferries and Hybrids: Cavotec
Strong Trend on Emissions Reduction Efforts Behind Growing Interest in E-Ferries and Hybrids: Cavotec
"We're seeing growing interest in plug-in and charging technologies for e-ferries and hybrids in Asia and beyond," says Gustavo Miller, President of Cavotec's Ports & Maritime division.
15 Jan 2018
Brent Closes Over $70 as Pundits Predict Premature OPEC Cutback Exit
Brent Closes Over $70 as Pundits Predict Premature OPEC Cutback Exit
But it remains profoundly unclear whether global inventories are depleted enough for the cartel to bow out of the deal.
15 Jan 2018
Petrobras Adds 7 New Bunker Barges in Santos
Petrobras Adds 7 New Bunker Barges in Santos
The new vessels comprise six IFO barges and one MGO barge.
15 Jan 2018
Sentek Bunker Tanker Cited in Shell Refinery Theft Enquiry
Sentek Bunker Tanker Cited in Shell Refinery Theft Enquiry
Two employees dismissed, company confirms to Ship & Bunker
15 Jan 2018
Curtail Cruise Ship Emissions, Says Tasmanian Green Politician
Curtail Cruise Ship Emissions, Says Tasmanian Green Politician
Calls for control of shipping emission at Tasmanian ports increasing
15 Jan 2018
Striken Tanker Sanchi Sinks
Striken Tanker Sanchi Sinks
The vessel was carrying 2,000 mt of bunker fuel.
15 Jan 2018
PRESS RELEASE: NSI Teams Up With Ship & Bunker to Launch New Benchmark Bunker Buying Service
PRESS RELEASE: NSI Teams Up With Ship & Bunker to Launch New Benchmark Bunker Buying Service
"It is clear that large lifters and smaller buyers alike are all looking to improve their bunker buying process, particularly as 2020 approaches," says NSI's Paul Hardy.
15 Jan 2018
BunkerEx Introduces New Credit Service for Bunker Buyers
BunkerEx Introduces New Credit Service for Bunker Buyers
"Credit is the single biggest hurdle stopping buyers dealing directly with suppliers achieving a lower price," BunkerEx Co-Founder and CEO Ishaan Hemnani tells Ship & Bunker.
15 Jan 2018
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