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Data Indicates Oil Market May Have Bottomed Out - But There Is No Indication of an Upswing Either
Data Indicates Oil Market May Have Bottomed Out - But There Is No Indication of an Upswing Either
Meanwhile, the rise of Saudi and other crude exports put pressure on prices.
28 Jun 2017
Stockpile Data Dampens Crude Gains, But CEO Predicts Saudis Will Move Prices Upward
Stockpile Data Dampens Crude Gains, But CEO Predicts Saudis Will Move Prices Upward
Still, few experts predict an outright recovery anytime soon.
28 Jun 2017
Know Your Counter Party: Sing Fuels
Know Your Counter Party: Sing Fuels
Ship & Bunker talks to Singapore-based Sing Fuels' General Manager Jeremy Long about the company's origins and vision for future growth.
28 Jun 2017
Gazpromneft Marine Bunker Hails 2,000 Tonne Stem as Part of Regular Bunker Supply Deal for Pipeline Project
Gazpromneft Marine Bunker Hails 2,000 Tonne Stem as Part of Regular Bunker Supply Deal for Pipeline Project
The bunkered vessels are serving the "Turkish Stream" project, which has been working to develop a gas pipeline in the Anapa area in the Western Turkey.
27 Jun 2017
Glosten Marks Completion of of Hybrid Ferry Design for Kitsap Transit
Glosten Marks Completion of of Hybrid Ferry Design for Kitsap Transit
The vessel will be feature a battery-diesel hybrid propulsion system driving fixed pitch propeller.
27 Jun 2017
Four South Korean Ports Working to Develop Shore Power
Four South Korean Ports Working to Develop Shore Power
The initiative is reported to have been agreed to at a meeting at Incheon Port Authority on June 22.
27 Jun 2017
Port of Helsinki Publishes Safety Manual for LNG Bunkering
Port of Helsinki Publishes Safety Manual for LNG Bunkering
The port says the document was developed in response to LNG becoming an "increasingly popular marine fuel."
27 Jun 2017
Deltamarin Says Smart Simulation Tool Could Slash Bunker Costs by 3 to 6%
Deltamarin Says Smart Simulation Tool Could Slash Bunker Costs by 3 to 6%
Deltamarin notes that its EEE ship design process includes several dimensions, including practical design tools for modelling the energy consumption.
27 Jun 2017
Working Group Meeting on Shipping GHG Emissions Underway at IMO
Working Group Meeting on Shipping GHG Emissions Underway at IMO
The meeting, which began Monday and will conclude Friday, will see the group provide a report to MEPC 71.
27 Jun 2017
Many Players Expecting Noncompliance With 2020 Regs, Poll Suggests
Many Players Expecting Noncompliance With 2020 Regs, Poll Suggests
70% of respondents in a separate poll say Fujairah should be worried about other regional ports looking to compete for bunker business,
27 Jun 2017
NORDEN: Enforcement Landscape Will Not Influence Our 2020 Compliance Choice
NORDEN: Enforcement Landscape Will Not Influence Our 2020 Compliance Choice
"NORDEN is looking at both scrubber solutions and switching to low sulfur fuel," Senior Newbuilding Manager Alex Hjortnæs tells Ship & Bunker.
27 Jun 2017
LNG Bunkers Will Create "Fertile Ground" for Greek Shipbuilding
LNG Bunkers Will Create "Fertile Ground" for Greek Shipbuilding
How Hellenic shipyards can be "LNG ready" was one of several discussion points at a Poseidon Med II event Monday organised by Piraeus Port Authority.
27 Jun 2017
More Doubt Cast on Deeper Oil Cutbacks as Analysts, Investors Loose Faith in "Fragile" OPEC
More Doubt Cast on Deeper Oil Cutbacks as Analysts, Investors Loose Faith in "Fragile" OPEC
The cartel is in dire need of late-life care, says one observer.
27 Jun 2017
Crude Edges Higher, but Gartman Says Oil Will Be "Worthless" Over the Next 20 to 40 Years
Crude Edges Higher, but Gartman Says Oil Will Be "Worthless" Over the Next 20 to 40 Years
Monday's gains are also accompanied by more argument that the market is overly bearish.
27 Jun 2017
Pirates Rob Thai Tanker of 1.5 Million Litres of Diesel Oil off Malaysia
Pirates Rob Thai Tanker of 1.5 Million Litres of Diesel Oil off Malaysia
The stolen fuel is said to have been part of a total of 3.8 million litres of fuel that the vessel was ferrying from Songkla, Thailand to Singapore.
26 Jun 2017
Fuel Trader Rejoins Curoil's Commercial Department
Fuel Trader Rejoins Curoil's Commercial Department
"We are excited to have him "on board" again," says Curoil.
26 Jun 2017
Aegean Launches New U.S. East Coast Market in Savannah
Aegean Launches New U.S. East Coast Market in Savannah
"Our core customer base will get a price competitive offering in a critical container market," says Aegean's Manolis Chochlakis.
26 Jun 2017
Aframax Tanker Arrested in Singapore
Aframax Tanker Arrested in Singapore
The 106,100 DWT Ocean Mare was detailed following action taken by local law firm Haridass Ho & Partners.
26 Jun 2017
More Downside Seen for Oil, but Statoil Sees $60 In the Foreseeable Future
More Downside Seen for Oil, but Statoil Sees $60 In the Foreseeable Future
Meanwhile, yet another analyst warns that crude in the $30s is not far away.
26 Jun 2017
Weekly Crude Losses Skirt a 10-Month Low Thanks to Overly-Sensitive Traders: Analyst
Weekly Crude Losses Skirt a 10-Month Low Thanks to Overly-Sensitive Traders: Analyst
Meanwhile, Iran teases the idea of deeper cuts to rebalance the market.
26 Jun 2017
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