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Charges that OPEC Has No Plan to Reduce Glut Come Amid Reports that Venezuela is on Brink of Collapse
Charges that OPEC Has No Plan to Reduce Glut Come Amid Reports that Venezuela is on Brink of Collapse
Meanwhile, non-compliant UAE sends message that better times may be imminent.
24 Jul 2017
More Output Increases Cause Crude Losses Friday and Predictions OPEC and Russia will be "Punished Mightily" Next Week
More Output Increases Cause Crude Losses Friday and Predictions OPEC and Russia will be "Punished Mightily" Next Week
Russia may even abandon OPEC's reduction agreement if the cartel fails to take action against cheating nations on July 24.
21 Jul 2017
PLA Announces New Research on Thames' Vessel Emissions
PLA Announces New Research on Thames' Vessel Emissions
The project involves three separate research streams, including an assessment of shore side power.
21 Jul 2017
PTP Files Lawsuit Over Trident Star Bunker Spill at Malaysian Terminal
PTP Files Lawsuit Over Trident Star Bunker Spill at Malaysian Terminal
PTP has filed a lawsuit against Rising Star Shipping and the Shipowners' Mutual Protection and Indemnity Association for RM31.86 million ($7.44 million).
21 Jul 2017
L'Astrolabe Becomes First Ship with IMO Tier III EIAPP Certified Wärtsilä Engines
L'Astrolabe Becomes First Ship with IMO Tier III EIAPP Certified Wärtsilä Engines
The polar logistics vessel features a complete Wärtsilä propulsion machinery package and Wärtsilä NOR SCR exhaust gas cleaning systems.
21 Jul 2017
By 2020 Ships Will Have Option to Desulfurize HFO Onboard to Meet 0.50% Sulfur Regs, Says Oil Tech Company
By 2020 Ships Will Have Option to Desulfurize HFO Onboard to Meet 0.50% Sulfur Regs, Says Oil Tech Company
"Scrubbers aren't the only answer," IUT President and CEO Jim Van Wert tells Ship & Bunker.
21 Jul 2017
Oil Fades After Choppy Trading
Oil Fades After Choppy Trading
Bunker prices were somewhat stable in the primary ports.
20 Jul 2017
Jonathan Mcilroy Appointed President of Aegean
Jonathan Mcilroy Appointed President of Aegean
"Aegean has established a global platform with a reputation for high-quality customer service and I am honored to serve as President," says Mcilroy.
20 Jul 2017
BPO: Environmental Port Charging Should Remain Voluntary
BPO: Environmental Port Charging Should Remain Voluntary
The comments come in light of a recent report published by the European Commission that examined differentiated port infrastructure charges.
20 Jul 2017
Euronav Quantifies Bunker Savings with Hempel Hull Monitoring Service
Euronav Quantifies Bunker Savings with Hempel Hull Monitoring Service
Euronav has since decided to apply Hempaguard X7 to two more vessels – the VLCC Sandra and the Suezmax Maria.
20 Jul 2017
Ports of LA and Long Beach Release Draft of Clean Air Action Plan Update
Ports of LA and Long Beach Release Draft of Clean Air Action Plan Update
The document's release marks the start of a public review and comment period that is set to last through September 18.
20 Jul 2017
Weekly Vessel Scrapping Report: 2017 Week 27
Weekly Vessel Scrapping Report: 2017 Week 27
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 13 – July 19, 2017.
20 Jul 2017
Iran's NITC, RIPI Sign Deal to Develop 2020 Bunker Fuel
Iran's NITC, RIPI Sign Deal to Develop 2020 Bunker Fuel
The deal aims to develop 0.50% sulfur bunker fuel for the national tanker company and the wider international market.
20 Jul 2017
Shell Marine to Supply Integrated Lube Services to World's Largest Box Ship
Shell Marine to Supply Integrated Lube Services to World's Largest Box Ship
Shell Marine says it will provide OOCL with integrated marine solutions, including lubricants and services for OOCL Hong Kong.
20 Jul 2017
DNV GL Develops New NOx Tier III Compliance Guide
DNV GL Develops New NOx Tier III Compliance Guide
The new brochure offers guidance on the considerations that DNV GL says should be incorporated at the newbuilding stage.
20 Jul 2017
New Player Lloyd Bunker Starts Operations in Germany
New Player Lloyd Bunker Starts Operations in Germany
"The maritime service provider devotes itself to inquiries on bunkers and lubricants worldwide," the company said.
20 Jul 2017
Know Your Counter Party: Gazpromneft-Lubricants
Know Your Counter Party: Gazpromneft-Lubricants
"We believe that Gazpromneft-Lubricants will be among the Top 10 major marine lubricant suppliers and will gain at least 10% of the global market by 2025," Marine Oil Business Director Roman Miroshnichenko tells Ship & Bunker.
20 Jul 2017
Glander International Bunkering Relocates Trader from Singapore to Dubai
Glander International Bunkering Relocates Trader from Singapore to Dubai
GIB says the move will enable its team in Dubai to benefit from Guyson's expertise within Asian ports.
20 Jul 2017
Russian Vow to Help OPEC Achieve Market Rebalance Comes Amid Predictions of U.S. Shale Keeping Crude Prices in the $50s
Russian Vow to Help OPEC Achieve Market Rebalance Comes Amid Predictions of U.S. Shale Keeping Crude Prices in the $50s
Once again, the $50s are regarded as a number bordering on bullish.
20 Jul 2017
Crude up Again Amid Drop in U.S. Stocks and Indifference to Saudi Export Cut Rumours
Crude up Again Amid Drop in U.S. Stocks and Indifference to Saudi Export Cut Rumours
The stocks reduced despite a rise in U.S. production, according to the Energy Information Administration.
20 Jul 2017