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d'Amico Set to Sell Three More Vessels Amid Difficult Freight Market
d'Amico Set to Sell Three More Vessels Amid Difficult Freight Market
DIS reports a net result of -$6.2 million for the H1 2017 period, compared to $13.6 million during the same period of 2016.
28 Jul 2017
World Fuel Services Bunker Sales Dip Again on Reduced Asia Activity
World Fuel Services Bunker Sales Dip Again on Reduced Asia Activity
The 6.8 million mt sold in 2Q 2017 matched 1Q sales, but were down around 18% compared to the period last year.
28 Jul 2017
PoLB and Port of L.A. Request Proposals for Zero-Emissions Technology
PoLB and Port of L.A. Request Proposals for Zero-Emissions Technology
PoLB, in partnership with the Port of L.A., is seeking demonstrations of technologies to upgrade harbour craft to cleaner engines.
28 Jul 2017
Gazpromneft–Lubricants Sees 7.5% YoY Increase in Marine Lube Sales During 2017 H1
Gazpromneft–Lubricants Sees 7.5% YoY Increase in Marine Lube Sales During 2017 H1
Gazpromneft–Lubricants says 2017 is seeing a growing demand for lubricants for marine engines operating on low sulfur and "environmentally friendly" fuel.
28 Jul 2017
Oil Prices: Forget Lower for Longer, Shell Says Get Set for "Lower Forever"
Oil Prices: Forget Lower for Longer, Shell Says Get Set for "Lower Forever"
The oil giant believes peak demand for crude will occur by the late 2020s.
28 Jul 2017
More Crude Increases Cause Analysts to Declare that a Rebalance is Nigh
More Crude Increases Cause Analysts to Declare that a Rebalance is Nigh
However, recent events cast doubt on whether healthier demand/supply is truly in the offing.
28 Jul 2017
Weekly Vessel Scrapping Report: 2017 Week 28
Weekly Vessel Scrapping Report: 2017 Week 28
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 20 – July 26, 2017.
27 Jul 2017
MISC Takes Delivery of Third Vessel in of Series of Three Fuel-Efficient Newbuilds
MISC Takes Delivery of Third Vessel in of Series of Three Fuel-Efficient Newbuilds
The LNG carrier was designed to minimise hull resistance, increase propulsion efficiency, reduce power requirements, and reduce CO2 emissions.
27 Jul 2017
Finnlines Highlights Bunker-Saving Initiatives Alongside "Best First Half Year Result"
Finnlines Highlights Bunker-Saving Initiatives Alongside "Best First Half Year Result"
Finnlines says it also marked its "best second quarter ever" with results amounting to €24.2 million.
27 Jul 2017
IMO Failed to Impress with Progress Toward GHG Emission Reduction at MEPC 71, Says T&E
IMO Failed to Impress with Progress Toward GHG Emission Reduction at MEPC 71, Says T&E
"Disagreement over how to distribute efforts and the potential costs of measures remain the biggest obstacle to progress," said T&E's Bill Hemmings.
27 Jul 2017
UK's Port of Southampton Implements Air Quality Monitoring
UK's Port of Southampton Implements Air Quality Monitoring
The development comes after a lack of shore power solutions for vessels calling at Southampton came under public spotlight earlier this year.
27 Jul 2017
Teekay Offshore Orders LNG-Powered, Bunker-Saving Newbuilds
Teekay Offshore Orders LNG-Powered, Bunker-Saving Newbuilds
The contracts signed with Samsung Heavy Industries include the construction of two Suezmax DP2 shuttle tankers, with the option for up to two more vessels.
27 Jul 2017
Astomos Takes Delivery of Bunker-Saving LPG Carrier from Kawasaki Heavy Industries
Astomos Takes Delivery of Bunker-Saving LPG Carrier from Kawasaki Heavy Industries
Crystal River features a Kawasaki rudder bulb system with fins and the semi-duct system with contra fins to help reduce fuel consumption.
27 Jul 2017
More Feel-Good News from OPEC Members Buffered by Analysts Who Doubt Resulting Rally Will Last
More Feel-Good News from OPEC Members Buffered by Analysts Who Doubt Resulting Rally Will Last
Disgruntled analysts also downplay reports of declining U.S. stockpiles.
27 Jul 2017
Producers Who "Used to Make Money at $25 Oil" Ignore Gloomy Outlook for Brent in 2018
Producers Who "Used to Make Money at $25 Oil" Ignore Gloomy Outlook for Brent in 2018
Exploration and production spending is expected to increase "modestly" next year.
27 Jul 2017
Largest Crude Oil Logistics Facility in U.S. Looks to Add Export Services
Largest Crude Oil Logistics Facility in U.S. Looks to Add Export Services
The proposed marine vessel loading services could be available by early 2018, says LOOP.
26 Jul 2017
Danfoss IXA Becomes Newest Green Award Incentive Provider
Danfoss IXA Becomes Newest Green Award Incentive Provider
Danfoss IXA will offer a 5 percent discount on its MES1001, which continuously measures NOx, SO2, and NH3 directly in a vessel's exhaust system.
26 Jul 2017
USCG Provides Guidance for LNG Fuel Transfers with SIMOPS
USCG Provides Guidance for LNG Fuel Transfers with SIMOPS
The policy letter pertains specifically to SIMOPS set to take place at Waterfront facilities that handle LNG.
26 Jul 2017
The American Club Releases New Module of E-Learning Tool for MARPOL ANNEX VI
The American Club Releases New Module of E-Learning Tool for MARPOL ANNEX VI
The new release is the final module of the American Club's Clean Seas: Complying with MARPOL 73/78 series.
26 Jul 2017
ABS to Host Webinar on MEPC 71 Outcomes and Impacts
ABS to Host Webinar on MEPC 71 Outcomes and Impacts
The event will run on August 2, 2017 from 8:00 AM - 9:00 AM PDT.
26 Jul 2017
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