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Shipping Confidence Pushes to New Three-Year High: Moore Stephens
Shipping Confidence Pushes to New Three-Year High: Moore Stephens
Rating improvement is largely attributed to increased confidence on the part of owners, which was up from 6.1 to 6.5 during the survey period.
26 Sep 2017
IMO the "Only Body" Capable of Delivering Meaningful GHG Reductions for Shipping Industry: ICS Chairman
IMO the "Only Body" Capable of Delivering Meaningful GHG Reductions for Shipping Industry: ICS Chairman
"It is vital that IMO remains in control of this critical issue," said Esben Poulsson, ICS' Chairman.
26 Sep 2017
Swedish Coast Guard Successfully Debunkers Grounded Cargo Ship
Swedish Coast Guard Successfully Debunkers Grounded Cargo Ship
The vessel grounded hard on Saturday south of Oskarshamn with 44,000 litres of diesel onboard, as well as other oils.
26 Sep 2017
HHI Bags Order for 10 LNG-Ready VLOCs
HHI Bags Order for 10 LNG-Ready VLOCs
The "eco-friendly" vessels are also set to feature exhaust gas scrubber systems and reduced fuel consumption.
26 Sep 2017
Island Oil Extends Bunker Services at Haifa
Island Oil Extends Bunker Services at Haifa
Bunker only calls available from end of October
26 Sep 2017
Sinking of Greek Bunker Tanker Draws Accusations of Sabotage, Illegal Bunkering Practices
Sinking of Greek Bunker Tanker Draws Accusations of Sabotage, Illegal Bunkering Practices
The Greek Minister of Shipping comes under further pressure, while Maritime workers' union PEMEN wants the owner of oil spilled from Agia Zoni II to be named after vessel owner Theodoros Kountouris says he did not pay for it.
26 Sep 2017
Call For Prolonged OPEC Cutback Deal Intensifies Amid Rumours that Cartel's Relationship with Russia is Strained
Call For Prolonged OPEC Cutback Deal Intensifies Amid Rumours that Cartel's Relationship with Russia is Strained
Meanwhile, Iran wants OPEC to impose caps on Libyan and Nigerian production.
26 Sep 2017
Crude Prices Surge, but Analysts Warn that Oil Approaching $60 May Spur a New Wave of Overproduction
Crude Prices Surge, but Analysts Warn that Oil Approaching $60 May Spur a New Wave of Overproduction
Meanwhile, other experts say a widening WTI//Brent spread is sending mixed signals about the true supply/demand status.
26 Sep 2017
Future-Ready Shipping Conference to Help "Gain Traction" Toward Shipping GHG Reduction
Future-Ready Shipping Conference to Help "Gain Traction" Toward Shipping GHG Reduction
Participants at the conference are set to discuss new developments in maritime energy-efficient technologies.
25 Sep 2017
SOHAR Takes Aim at Fujairah's Bunker Business with $600 Million Terminal Deal with Singapore's Trescorp
SOHAR Takes Aim at Fujairah's Bunker Business with $600 Million Terminal Deal with Singapore's Trescorp
"What we were seeing was vessels coming to Sohar and then going to Fujairah for bunkering. We want to stop that," says SOHAR CEO Mark Geilenkirchen.
25 Sep 2017
HullWiper Launches Leasing Scheme to Expand Offering of Bunker-Saving Service
HullWiper Launches Leasing Scheme to Expand Offering of Bunker-Saving Service
The diver-free ROV can be used wherever approval has been given for its operation within port waters.
25 Sep 2017
Viking Cruises Takes Delivery of Bunker-Saving Newbuild
Viking Cruises Takes Delivery of Bunker-Saving Newbuild
The 47,800 gross tonne Viking Sun is set to be joined by two more sister ships over the next two years.
25 Sep 2017
South Korea Moves to Build Largest LNG-Powered Ships in the World
South Korea Moves to Build Largest LNG-Powered Ships in the World
MOF and cooperating parties are set to sign a agreement on Tuesday to start the pilot project.
25 Sep 2017
FueLNG Completes First Bunker Transfer in Singapore
FueLNG Completes First Bunker Transfer in Singapore
The operation was carried out in batches from July 22 through to September 23 through the truck-to-ship bunkering of the FLNG vessel, Hilli Episeyo.
25 Sep 2017
Scorpio Bulkers Buys Six Ultramax Ships
Scorpio Bulkers Buys Six Ultramax Ships
For $143 million from cash and loans
25 Sep 2017
Bulk Carrier Detained in Singapore
Bulk Carrier Detained in Singapore
63,000 dwt bulker was built in 2015
25 Sep 2017
Ship Efficiency Project Global Industry Alliance Adds Rotterdam, Bureau Veritas as Members
Ship Efficiency Project Global Industry Alliance Adds Rotterdam, Bureau Veritas as Members
Areas of interest for the alliance cover energy efficiency technologies, alternative fuels and digitalisation
25 Sep 2017
Three Reasons Why We Need to Embrace Technology in Bunkering Now
Three Reasons Why We Need to Embrace Technology in Bunkering Now
"Today if you order a $15 pizza online you will get more information about its delivery than you will if you order a $1.5 Million bunker stem," Oilfront's Danny Soos writes for Ship & Bunker.
25 Sep 2017
Crude Makes 3rd Straight Weekly Gain Despite OPEC Deferring Talk of Cutback Extension
Crude Makes 3rd Straight Weekly Gain Despite OPEC Deferring Talk of Cutback Extension
But it's anyone's guess what will ultimately move prices away from their range-bound status.
22 Sep 2017
Libyan, Nigerian Output Along With Cutback Extension Downplayed in OPEC Meeting
Libyan, Nigerian Output Along With Cutback Extension Downplayed in OPEC Meeting
Meanwhile, Russia is calling for a longer-term oil strategy going into 2018.
22 Sep 2017