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Post-Harvey Recovery Has Commenced, But Analysts Warn of Huge Inventory Build Up
Post-Harvey Recovery Has Commenced, But Analysts Warn of Huge Inventory Build Up
One expert says an additional 50 million barrels could be added to stocks.
1 Sep 2017
OPEC Cutback Extension to be Discussed in November, But Developments Could Render Any Deal Meaningless
OPEC Cutback Extension to be Discussed in November, But Developments Could Render Any Deal Meaningless
Everything from Saudi exploration to rising tensions with North Korea could radically alter the dynamics of the international market.
1 Sep 2017
Statoil VLGC Newbuild Order Could Include LPG Bunker Capability
Statoil VLGC Newbuild Order Could Include LPG Bunker Capability
Statoil has circulated a requirement for as many as two very large gas carriers.
1 Sep 2017
Vladivostok Bunker Sales See 67.7% YoY Increase in 2017's First 8 Months
Vladivostok Bunker Sales See 67.7% YoY Increase in 2017's First 8 Months
Bunker sales at Vladivostok and its offshore terminals totalled 458,000 tonnes during January to August 2017.
1 Sep 2017
UPDATED: Jan Jacobsen Sells 50% Stake in The Monjasa Group
UPDATED: Jan Jacobsen Sells 50% Stake in The Monjasa Group
"Following an interim defeat in a lower district court in Denmark last year, Jan Jacobsen wishes to bring serenity to the Group by selling his share interest and leaving Monjasa," Monjasa explained.
1 Sep 2017
Bunkering Resumes in Houston Following Hurricane Harvey
Bunkering Resumes in Houston Following Hurricane Harvey
"We continue to take enquires and hopefully things will get back to normal soon," GCC Bunkers Managing Director Mark VandeVoorde tells Ship & Bunker.
1 Sep 2017
Harvey's Impact Said to Prove U.S. is a Leading Oil Market Driver Globally
Harvey's Impact Said to Prove U.S. is a Leading Oil Market Driver Globally
However, countries that rely heavily on U.S. oil imports will feel the effects of Harvey's destruction over the next few months.
1 Sep 2017
OPEC Output Declines Accompanied by Prediction that Russian Shale Spells "Curtains" for the Cartel
OPEC Output Declines Accompanied by Prediction that Russian Shale Spells "Curtains" for the Cartel
One expert thinks the Russians will develop their fracking capabilities sooner than later.
1 Sep 2017
Ship Efficiency Efforts Being Held Back by Poor Market Conditions, Not Technology: Expert
Ship Efficiency Efforts Being Held Back by Poor Market Conditions, Not Technology: Expert
"The technology to reduce emissions on ships by 50% is already there," Petrakakos tells Ship & Bunker.
1 Sep 2017
Weekly Vessel Scrapping Report: 2017 Week 33
Weekly Vessel Scrapping Report: 2017 Week 33
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 24 – August 30, 2017.
31 Aug 2017
ClassNK Releases Updated Guidelines for Exhaust Gas Cleaning Systems
ClassNK Releases Updated Guidelines for Exhaust Gas Cleaning Systems
Prompted by stricter global sulfur limits, ClassNK is releasing the second version of its "Guidelines for Exhaust Gas Cleaning Systems."
31 Aug 2017
Newly Converted FLNG Slated to Receive First LNG-Bunkers
Newly Converted FLNG Slated to Receive First LNG-Bunkers
The delivery is slated to come ahead of the vessel's departure from Singapore for Cameroon at the end of September or beginning of October.
31 Aug 2017
Kongsberg Maritime to Supply EPCI Services for Brittany Ferries' New LNG-Powered Ferry
Kongsberg Maritime to Supply EPCI Services for Brittany Ferries' New LNG-Powered Ferry
"Project delivery and automation and control technology will support the vessel's design to enable optimal fuel consumption," says Kongsberg Maritime.
31 Aug 2017
Libya Could Facilitate Angola's Call For A Return to $60 Crude
Libya Could Facilitate Angola's Call For A Return to $60 Crude
The North African country's production troubles could facilitate a price rebound.
31 Aug 2017
Wednesday's Crude Losses Accompanied by Forecast that Prices Are Poised to "Fall Off A Cliff"
Wednesday's Crude Losses Accompanied by Forecast that Prices Are Poised to "Fall Off A Cliff"
However, Jim Cramer says this might also be a "absolutely fabulous buying opportunity."
31 Aug 2017
Brazilian Bunker Suspension Boosts Demand at Aegean's Physical Supply Station in South Africa
Brazilian Bunker Suspension Boosts Demand at Aegean's Physical Supply Station in South Africa
"We are confident in our ability to meet increased levels of ship operators' and owners' demand for bunkers in the region," says Aegean GM Gregory Robolakis.
30 Aug 2017
VDR Welcomes New German Financing Programme for LNG-Powered Vessels
VDR Welcomes New German Financing Programme for LNG-Powered Vessels
The funding is intended to help outfit newbuildings with LNG propulsion systems, as well as upgrade existing ships to dual-fuel power.
30 Aug 2017
LiqTech Receives Two New Orders for Scrubber Waste Water Treatment System
LiqTech Receives Two New Orders for Scrubber Waste Water Treatment System
LiqTech says it is experiencing a positive development in its marine scrubber business, with a further ramp-up expected in the second half of 2017.
30 Aug 2017
Glosten to Design Possible All-Electric Ferry for Washington's Skagit County
Glosten to Design Possible All-Electric Ferry for Washington's Skagit County
Glosten says it will quantitatively evaluate propulsion system options for the new RoPax ferry, which is set to replace the ageing M/V Guemes.
30 Aug 2017
Aegean and Freepoint Subsidiary Cooperate on St. Croix Bunker Business
Aegean and Freepoint Subsidiary Cooperate on St. Croix Bunker Business
Aegean has signed an agreement with Caribbean Bunkers to cooperate on bunkering sales focused around the U.S. Virgin Islands facility at Limetree Bay.
30 Aug 2017
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