All News

Crude Firms on Gasoline Demand

Bunker prices were back to firming in the primary ports.

2 Aug 2017

Navis Introduces New Bunker Saving Hull & Propellor Performance Tool

"The effects of the condition of the ship's hull and the propeller on the bunker consumption of a ship are significant and measurable," says Navis.

2 Aug 2017

IMO Gives Update on 2020, Low Carbon Shipping Plans at IBC Asia

"Preparations by the bunker industry for complying with the sulphur limit was one of the key issues being discussed at the conference," says IMO.

2 Aug 2017

Spill During Bunkering in Malta

Initial indications are that the spill originated from feeder vessel Leonie P.

2 Aug 2017

LNG-Fuelled Ship Sees 24% Bunker Cost Savings

Incheon Port Authority officials last week presented information about the vessel at the Fourth Annual LNG Bunkering Conference in Singapore.

2 Aug 2017

Vessels Detailed After Suspected Illegal Ship-to-Ship Transfer

The alleged offence took place 6.5 nautical miles south of Labuan.

2 Aug 2017

Debunkering by Helicopter of Grounded Newbuild Kea Trader Now Underway

Operations began on July 27 and are expected to be completed within two weeks, according to the High Commissioner of the Republic in New Caledonia.

2 Aug 2017

Crude Falls as Rising Production Numbers Put Lie to OPEC's Promise of Doubling Down on Production Cuts

Rising U.S. stockpiles also cause market gloom on Tuesday.

1 Aug 2017

Newbuild to Feature Exhaust Cleaning Systems and LNG Dual-Fuel Engines

Wärtsilä is set to supply the exhaust cleaning systems and engines for the first German research vessel operating on LNG bunkers.

1 Aug 2017

BP Sees Sub $55/bbl Oil in 2018's "New Oil Price Environment"

However, others point to Venezuela as having the potential to catapult oil to $60 in the near term.

1 Aug 2017

LNG Bunker Advocacy Group SEA\LNG Adds Three New Members

"The recent adoption of stricter emission standards for marine transportation by 2020 is consistent with our strategy for entering into new prospective LNG market segments including bunkering," says new member NOVATEK.

1 Aug 2017

Marine Industry Will Ultimately Acknowledge and Use Scrubbers for 2020: Quadrise

The comments came alongside news that company received the Interim Inspection Report provided by Wartsila from Maersk as part of the now cancelled marine trial of its MSAR emulsion bunker fuel.

1 Aug 2017

July Ends With Another Uptick in Oil Prices

Bunker prices were firmer in the primary ports.

31 Jul 2017

Aegean Announces Date for 2Q 2017 Financials & Earnings Call

The results and subsequent earnings call will be the first since a number of high level changes for the supplier, including the appointment of a new President.

31 Jul 2017

ACP Highlights Expanded Panama Canal's Fuel, Emission, and Cost Savings

"From June 2016-2017, more than 1,500 Neopanamax vessels transited the Expanded Canal," says the Canal's Environmental Protection Specialist Alexis Rodriguez.

31 Jul 2017

Panama H1 Bunker Sales Rise Over 23%

Sales for all products during the six months to June totalled 2,416,092 metric tonnes.

31 Jul 2017

FOBAS Alert: Off-Specification Sulphur Results for ECA Fuels at Antwerp

Any ships receiving fuels that are confirmed noncompliant fuels should immediately issue a letter of protest to the relevant fuel supplier, flag administration and port authority.

31 Jul 2017

Gulf Petrochem Group Inks US$150m Financing Deal

"In an environment of continued low global oil prices, the financing will be used to support the group's activities around the world," says GP.

31 Jul 2017

Friday Crude Gains Make Oil's Best Week of 2017 - But Market Remains Range Bound

Analysts say the good news must extend beyond U.S. activity before a true recovery can be declared.

28 Jul 2017

OPEC Meeting to Discuss Oil Cutback Failures Comes As Worries Grow Over Venezuela's Potential Collapse

However, calamity in the Republic may be good news for the crude market.

28 Jul 2017