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Bunker Consumption Failing to Keep Pace With Rising Demand for Shipping
Bunker Consumption Failing to Keep Pace With Rising Demand for Shipping
ICCT says from 2013 to 2015 bunker consumption rose 2.4% compared to a 7% increase in demand for shipping transport work.
3 Jan 2018
Crude Surges Amid More Warnings of an Imminent Price Drop
Crude Surges Amid More Warnings of an Imminent Price Drop
But as usual, the warnings are countered by predictions of crude hitting $80 this year.
3 Jan 2018
Aegean Shareholder Group Presses Ahead with Board Nomination Plans
Aegean Shareholder Group Presses Ahead with Board Nomination Plans
"There's tremendous value in Aegean's network, which we believe is also particularly well placed to take advantage of ... IMO 2020," Tyler Baron tells Ship & Bunker.
3 Jan 2018
Industry Insight: The New Bunker Fuel Regulations - Some Thoughts
Industry Insight: The New Bunker Fuel Regulations - Some Thoughts
"Unless a solution is found, every year there will be a further accumulation of 200 million MT of HFO," Viswa Lab's Dr. R. Vis writes for Ship & Bunker.
3 Jan 2018
Trump Triggers More Fears About Geopolitical Tension Causing Price Disruptions, but Market Still Seems More Vulnerable to Overproduction
Trump Triggers More Fears About Geopolitical Tension Causing Price Disruptions, but Market Still Seems More Vulnerable to Overproduction
RBC Capital Markets continues to warn about rising tensions in the Middle East, Africa, and Venezuela.
2 Jan 2018
Oil Makes Strongest Start to the Year Since 2014, But Moody's Says Prices are Heading Down From Here
Oil Makes Strongest Start to the Year Since 2014, But Moody's Says Prices are Heading Down From Here
Fundamentals-focused Barclays adds that U.S. shale growth bears close monitoring.
2 Jan 2018
EMP Releases Marine and Ship Battery FAQ
EMP Releases Marine and Ship Battery FAQ
The FAQ is currently focused on class-approved VRLA batteries.
2 Jan 2018
Irish Continental Group Opts for Scrubbers on Bunker-Saving Newbuild
Irish Continental Group Opts for Scrubbers on Bunker-Saving Newbuild
The vessel is set to become the largest cruise ferry in the world in terms of vehicle capacity, says the company.
2 Jan 2018
IMO 2020 Not the End of the Story, Global Sulfur Cap Will Eventually Fall Further Down: Total
IMO 2020 Not the End of the Story, Global Sulfur Cap Will Eventually Fall Further Down: Total
"We may first see ECA zones enlarged, or new zones introduced, but eventually there will be a stricter sulfur content limit on marine fuel," Managing Director Olivier Jouny tells Ship & Bunker.
2 Jan 2018
2018 to See Dry Bulk Fleet Grow at Slowest Pace Since 1999: BIMCO
2018 to See Dry Bulk Fleet Grow at Slowest Pace Since 1999: BIMCO
Still, 2018 may not be quite as strong as 2017, and profits may not come around until 2019, says BIMCO's Chief Shipping Analyst Peter Sand.
29 Dec 2017
US Crude Ends 2017 Above $60, But This Sets Stage For Shale/OPEC Clash, Say Analysts
US Crude Ends 2017 Above $60, But This Sets Stage For Shale/OPEC Clash, Say Analysts
But Federal Reserve Bank insists oil must exceed $60 for a boost in U.S. drilling.
29 Dec 2017
U.S./China Dispute Heralds Increased Geopolitical Risk for Crude in 2018
U.S./China Dispute Heralds Increased Geopolitical Risk for Crude in 2018
Everything from Venezuela's economy to an election in Libya bears monitoring, says Helima Croft.
29 Dec 2017
240 Vessels Now Fitted With Scrubbers, and That Number is Set to Accelerate: Clarksons
240 Vessels Now Fitted With Scrubbers, and That Number is Set to Accelerate: Clarksons
Around 5% of newbuild contracts in 2017 were for scrubber-equipped vessels.
29 Dec 2017
Box Ship Deliveries Grew 26% in 2017, Majority Were ULCS: Alphaliner
Box Ship Deliveries Grew 26% in 2017, Majority Were ULCS: Alphaliner
ULCS of 14,000 TEU or more made up 55 percent of the new capacity entering the market in 2017, says Alphaliner.
29 Dec 2017
Quadrise Combustion Boiler Trial Project in Saudi Arabia Edges Closer to Production
Quadrise Combustion Boiler Trial Project in Saudi Arabia Edges Closer to Production
The trial is expected to commence early in 2018, once all the agreements are finalised.
29 Dec 2017
ClassNK Amends Fuel Consumption Reporting Rules
ClassNK Amends Fuel Consumption Reporting Rules
In line with changes in international conventions
29 Dec 2017
Singapore's Ocean Bunkering Services Increases Barge Fleet
Singapore's Ocean Bunkering Services Increases Barge Fleet
One barge dedicated to delivering distillates
29 Dec 2017
Scrubbers Temporary Solution for IMO2020, Says LNG Bunker Player
Scrubbers Temporary Solution for IMO2020, Says LNG Bunker Player
"LNG fuelled ships, combined with power-to-gas or biogas offer a credible and cost competitive path to decarbonisation and improved air quality," says Titan LNG.
29 Dec 2017
Expect a Surge of Activity as 2018 Becomes The "Tipping Year" for LNG Bunkers: SGMF
Expect a Surge of Activity as 2018 Becomes The "Tipping Year" for LNG Bunkers: SGMF
"We have witnessed such significant increase in the number of projects and infrastructure recently," says Mark Bell, General Manager, SGMF.
29 Dec 2017
P&I Club Issues Reminder on Requirements for China's ECAs From January 1, 2018
P&I Club Issues Reminder on Requirements for China's ECAs From January 1, 2018
From January 1, 2018 all ships to berth at ports within the three PRC ECAs are required to use fuel with a maximum sulfur content of 0.5%.
29 Dec 2017
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