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Ban on Qatari Ships Shifts Bunker Demand to Singapore from Fujairah
Ban on Qatari Ships Shifts Bunker Demand to Singapore from Fujairah
Some estimate that as much as 25,000 to 30,000 mt of bunker demand has already been redirected from Fujairah to Singapore.
8 Jun 2017
Quadrise: Draft LONO from MSAR Emulsion Bunker Trial Received by Maersk
Quadrise: Draft LONO from MSAR Emulsion Bunker Trial Received by Maersk
A draft interim LONO has been produced by Wärtsilä, with the final expected to be delivered to Quadrise this month.
8 Jun 2017
U.S. Crude Build Triggers 5% Price Slide
U.S. Crude Build Triggers 5% Price Slide
However, Trump's support of the Arab nations' isolation of Qatar could support prices in the near-term, says one expert.
8 Jun 2017
OPEC Member Calls for More Countries in the Cartel, as Commerzbank Says Their Only Option is to Boost Production
OPEC Member Calls for More Countries in the Cartel, as Commerzbank Says Their Only Option is to Boost Production
Meanwhile, Canada is being eyed as a preferred source for crude.
8 Jun 2017
Visedo Partners with Kongsberg and Veth Propulsion to Deliver Electrification to New Marine Applications
Visedo Partners with Kongsberg and Veth Propulsion to Deliver Electrification to New Marine Applications
Under the two agreements, Visedo will produce power solutions for fully-integrated electric deck handling winches, as well as electric-powered thrusters.
8 Jun 2017
MAN to Acquire 40% Stake in Firm Offering Electric and Hybrid Systems
MAN to Acquire 40% Stake in Firm Offering Electric and Hybrid Systems
AKA specialises in power supply, energy management, and drive systems for marine applications.
7 Jun 2017
USCG Issues Safety Alert Following Onboard Fuel Spray Fire
USCG Issues Safety Alert Following Onboard Fuel Spray Fire
"These types of incidents, involving fuel leakages contacting hot surfaces and igniting, happen too frequently," said the alert.
7 Jun 2017
Stena RoRo Selects Bunker-Saving Selektope for Newbuild Programme
Stena RoRo Selects Bunker-Saving Selektope for Newbuild Programme
The newbuild Stena RoPax ferries, which are being built at the AVIC yard in Weihai, China, are slated for delivery in 2019 and 2020.
7 Jun 2017
Anastasios Papagiannopoulos to Elected as New BIMCO President
Anastasios Papagiannopoulos to Elected as New BIMCO President
Among Papagiannopoulos' goals, BIMCO is set to focus on the successful implementation and effective enforcement of tighter environmental regs.
7 Jun 2017
2016 Year Sees CMA CGM Slash CO2 Emissions by 4%
2016 Year Sees CMA CGM Slash CO2 Emissions by 4%
CMA CGM says the result is in line with the group's 2025 emission reduction targets.
7 Jun 2017
ECSA and ICS Call on China-EU Cooperation on Shipping Emissions
ECSA and ICS Call on China-EU Cooperation on Shipping Emissions
The call comes in the wake of the U.S. withdrawal from the Paris Climate Agreement.
7 Jun 2017
Bunker-Saving Hull Cleaning System Wins "Product of the Year" Award
Bunker-Saving Hull Cleaning System Wins "Product of the Year" Award
GAC EnvironHull's HullWiper was given the accolade at the Environmental Leader Product and Project Awards 2017 on Tuesday.
7 Jun 2017
Canada's BC Ferries Orders Two Hybrid Diesel-Electric Newbuilds from Damen
Canada's BC Ferries Orders Two Hybrid Diesel-Electric Newbuilds from Damen
The newbuilds, which are slated go into service in 2020, are said to support BC Ferries' strategy to achieve operating cost savings and efficiencies.
7 Jun 2017
Zederkof Heading "Strategically Very Essential" New Bunker Holding Venture Expected to Launch in 3Q 2017
Zederkof Heading "Strategically Very Essential" New Bunker Holding Venture Expected to Launch in 3Q 2017
The project is an "important part of the future Bunker Holding Group," says Henrik Zederkof.
7 Jun 2017
Crude Firms as Experts Dismiss Any Short- or Long-Term Impact of the Qatar Spat
Crude Firms as Experts Dismiss Any Short- or Long-Term Impact of the Qatar Spat
Falling U.S. stockpiles are also a source of market optimism.
7 Jun 2017
Nigeria Hints of Impending OPEC/U.S. Shale Clash as Analyst Declares Consumers to be the Real Winners of the Rivalry
Nigeria Hints of Impending OPEC/U.S. Shale Clash as Analyst Declares Consumers to be the Real Winners of the Rivalry
Meanwhile, U.S. output is on track next year to shatter its all-time high record set in 1970.
7 Jun 2017
MOL Announces Delivery of Dual-Fuel LNG Carrier in Shanghai
MOL Announces Delivery of Dual-Fuel LNG Carrier in Shanghai
The vessel, which has a diesel-electric main engine, is the third ship to be delivered in a six-vessel series.
6 Jun 2017
Shell Launches New Trunk Piston Oils to Support Performance for Vessel Efficiency, Environmental Reg Compliance
Shell Launches New Trunk Piston Oils to Support Performance for Vessel Efficiency, Environmental Reg Compliance
Shell Marine has unveiled its next generation Shell Argina and Shell Gadinia trunk piston oils for the medium-speed engine market.
6 Jun 2017
Bunkers Unavailable to Qatari-Flagged Vessels Denied Entry at Arab Ports
Bunkers Unavailable to Qatari-Flagged Vessels Denied Entry at Arab Ports
Qatari-flagged vessels have been banned at the ports of UAE, Egypt, and Saudi Arabia, including the world's second largest bunker port, Fujairah.
6 Jun 2017
US Oil Exports Hit Record High and Won't be Slowed by Rising Costs: Analysts
US Oil Exports Hit Record High and Won't be Slowed by Rising Costs: Analysts
Trumps' withdrawal from the Paris accord may also trigger new levels of stateside production, say experts.
6 Jun 2017
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