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New Malaysia-Based Player Signs $10.7 Million Bunkering Deal
New Malaysia-Based Player Signs $10.7 Million Bunkering Deal
Straits Inter Logistics is reported to have signed the agreement through its 51 percent owned subsidiary Selatan Bunker.
14 Sep 2017
Electric Inland Vessel Named in Rotterdam
Electric Inland Vessel Named in Rotterdam
Said to consume 25 percent less fuel than other vessels, the BON JOVI uses two 192KW diesel generators to power its electric propulsion system.
14 Sep 2017
Clean-Up Efforts Ongoing After Tanker Sinks off Piraeus
Clean-Up Efforts Ongoing After Tanker Sinks off Piraeus
The vessel is said to have had 2,200 tonnes of fuel oil and 370 tonnes of marine gas oil onboard when it sunk.
14 Sep 2017
New We4Sea Module Receives Verifavia Certification Under EU MRV
New We4Sea Module Receives Verifavia Certification Under EU MRV
In response to EU MRV regulation, We4Sea recently launched a new software module that captures all MRV-required data within standard vessel forms.
14 Sep 2017
Construction Started on Costa Cruises' First LNG-Powered Ship
Construction Started on Costa Cruises' First LNG-Powered Ship
A steel-cutting ceremony for the vessel was held at the Meyer Turku shipyard in Finland on Wednesday.
14 Sep 2017
Shipowners Fear 2020 Bunker Price Spike and "Outrageous" LSFO Premiums
Shipowners Fear 2020 Bunker Price Spike and "Outrageous" LSFO Premiums
One estimate puts potential premium on LSFO in 2020 at $400/mt
14 Sep 2017
Industry Insight: Ballast Water - A Challenge Not a Reprieve
Industry Insight: Ballast Water - A Challenge Not a Reprieve
"The IMO has thrown down the gauntlet to the industry, to prepare in the next two years for what they hadn't managed to ready themselves for in the previous 13," De Nora's Don Stephen writes for Ship & Bunker.
14 Sep 2017
Crude Up as IEA Sees Better then Expected Demand, Shrinking Inventories
Crude Up as IEA Sees Better then Expected Demand, Shrinking Inventories
But OPEC production is still a source of concern, the agency adds.
14 Sep 2017
Nigeria Hesitant on OPEC Cutback Extension - But IEA Suggests More Months May Have Minimal Impact Anyway
Nigeria Hesitant on OPEC Cutback Extension - But IEA Suggests More Months May Have Minimal Impact Anyway
The agency bases its opinion on the current rate of cutbacks.
14 Sep 2017
Bunker Sales Volumes in Istanbul Jump 13%: Sources
Bunker Sales Volumes in Istanbul Jump 13%: Sources
"There was good demand in Istanbul in the summer so the total yearly volume could reach 2.7 million mt, the highest ever annual total," Energy Petrol CEO Mustafa Muhtaroğlu tells Ship & Bunker.
13 Sep 2017
Maritime Activity in Next Decade to Be Dominated by Autonomous and Underwater Vessels: Report
Maritime Activity in Next Decade to Be Dominated by Autonomous and Underwater Vessels: Report
The report, which follows up on "Global Marine Technology Trends 2030," was put together by Lloyd's Register, QinetiQ and the University of Southampton.
13 Sep 2017
Zero Emission Ships to Achieve Significant Market Penetration by 2030: Report
Zero Emission Ships to Achieve Significant Market Penetration by 2030: Report
The new report was completed by a research project supported by over 30 industry and academic partners including LR, Rolls Royce, BMT, Shell, and MSI.
13 Sep 2017
Singapore Bunker Sales up Month-On-Month: MPA
Singapore Bunker Sales up Month-On-Month: MPA
But August figures fail to beat July's.
13 Sep 2017
New 4-Stroke Engine Aimed at Cruise Ship and Ferry Market
New 4-Stroke Engine Aimed at Cruise Ship and Ferry Market
Unit can also be adapted to handle duel-fuel
13 Sep 2017
Croft Focuses on Peak Demand as Rumour Grow About a Six Month OPEC Cutback Extension
Croft Focuses on Peak Demand as Rumour Grow About a Six Month OPEC Cutback Extension
Meanwhile, OPEC's secretary general assures everyone that a market rebalance is coming closer to reality.
13 Sep 2017
OPEC Production Drop in August Accompanied by Predictions of an Imminent Price Recovery
OPEC Production Drop in August Accompanied by Predictions of an Imminent Price Recovery
Venezuelan president Nicolas Maduro says the cartel has good recovery strategies in the works but won't say what they are.
12 Sep 2017
Baltic Dry Index Hits Near Three-Year High
Baltic Dry Index Hits Near Three-Year High
The Baltic Dry Index reached 1,355 on Monday, the highest the index has been since November 2014.
12 Sep 2017
0.5% Sulfur Fuel Oil Most Likely Choice for Bunker Buyers in the Americas: Argus
0.5% Sulfur Fuel Oil Most Likely Choice for Bunker Buyers in the Americas: Argus
But some markets are poorly positioned as they are short on distillates
12 Sep 2017
An Eighth of Total 2020 Bunker Demand from Non-Compliance: Argus
An Eighth of Total 2020 Bunker Demand from Non-Compliance: Argus
The figures suggest a sizeable number of users will consider ignoring the 2020 sulfur cap and be prepared to continue burning heavy fuel oil.
12 Sep 2017
Rolls-Royce Unveils Autonomous Naval Vessel Featuring Electric Propulsion
Rolls-Royce Unveils Autonomous Naval Vessel Featuring Electric Propulsion
Rolls-Royce says the autonomous, single role, naval vessel will feature electric propulsion with power generated by diesel or gas turbines.
12 Sep 2017