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Pavilion Energy Delivers Singapore's First LNG Bunkering Demonstration
Pavilion Energy Delivers Singapore's First LNG Bunkering Demonstration
Koh Poh Koon, Senior Minister of State for Trade and Industry, said at the event that Singapore is on course to be "LNG bunker-ready" by as soon as 2020.
2 May 2017
Monday Crude Losses and Output Surges Underscores FGE Head Calling for OPEC Cutback Extension - to the End of 2018
Monday Crude Losses and Output Surges Underscores FGE Head Calling for OPEC Cutback Extension - to the End of 2018
Analysts say U.S. output surge alone threatens to cause further market losses.
2 May 2017
Chevron: US Shale Not Enough to Satisfy World's Hunger for Crude
Chevron: US Shale Not Enough to Satisfy World's Hunger for Crude
Meanwhile, the Saudis try to wrestle more share of the growing Asian market.
2 May 2017
Mass Flow Meter Malpractice? This is What We've Seen in Singapore and What You Can Do to Protect Yourself [Pictures]
Mass Flow Meter Malpractice? This is What We've Seen in Singapore and What You Can Do to Protect Yourself [Pictures]
Petro Inspect surveyors have seen barge setups where it would be possible to syphon bunkers back into the bunker barge after they have passed through the mass flow meter.
2 May 2017
Petrotrin Continues Bunker Spill Clean Up Efforts at Point-a-Pierre
Petrotrin Continues Bunker Spill Clean Up Efforts at Point-a-Pierre
Petrotrin says it has made significant headway in ongoing clean up, recovery, and remediation efforts after last week's spill at the Pointe-a-Pierre Refinery.
1 May 2017
Carnival Release Provides New Details on New Terminal Intended for LNG-Powered Ships
Carnival Release Provides New Details on New Terminal Intended for LNG-Powered Ships
Carnival has released artist renderings of its second cruise terminal at the Port of Barcelona, which is set to open in 2018.
1 May 2017
Third of BC Ferries' LNG-Powered Newbuild Series Departs for Canadian West Coast
Third of BC Ferries' LNG-Powered Newbuild Series Departs for Canadian West Coast
The dual-fuel Salish Raven is set to be put into service in the Southern Gulf Islands in the fall.
1 May 2017
Russia Achieves Full Crude Reduction Compliance But Experts Say OPEC Still Needs to Extend Its Cutback Initiative
Russia Achieves Full Crude Reduction Compliance But Experts Say OPEC Still Needs to Extend Its Cutback Initiative
Russia will decide whether to support an extension one day before the OPEC Vienna meeting.
1 May 2017
World Fuel Services In "A Good Position to Deal With This Emerging New Marine Industry"
World Fuel Services In "A Good Position to Deal With This Emerging New Marine Industry"
"We're positioning ourselves really to be a technology company that just so happens to know a lot about fuel logistics," says CEO Michael Kasbar.
1 May 2017
New Trader at Golden Arrow in Amsterdam
New Trader at Golden Arrow in Amsterdam
Nick de Haan joins the team effective May 1, Golden Arrow tells Ship & Bunker.
1 May 2017
Bearish Outlook Continues as Crude Makes Monthly Loss and US Shale Growth Offsets OPEC Cuts
Bearish Outlook Continues as Crude Makes Monthly Loss and US Shale Growth Offsets OPEC Cuts
One analyst predicts accelerated selling "below about $47 to $47.50."
1 May 2017
Singapore Runs Multi-Agency Spill Response Exercise
Singapore Runs Multi-Agency Spill Response Exercise
ChemSpill 2017 simulated a collision between a fully laden chemical tanker and a bunker barge off Raffles Reserved Anchorage.
28 Apr 2017
Finland's Oldest Ferry Now Country's First All-Electric Passenger Vessel
Finland's Oldest Ferry Now Country's First All-Electric Passenger Vessel
Föri now features a zero-emission electric drivetrain intended to boost efficiency and reduce operating costs.
28 Apr 2017
Skangas Wins LNG Bunker Supply Contract from Finnish Government
Skangas Wins LNG Bunker Supply Contract from Finnish Government
Skangas will supply LNG bunkers to the offshore patrol vessel Turva and icebreaker Polaris from 2017 to 2019.
28 Apr 2017
World Fuels Services 1Q 2017 Bunker Sales Volume Dips 11% on Reduction in "Low Margin, Low Return" Asia Activity
World Fuels Services 1Q 2017 Bunker Sales Volume Dips 11% on Reduction in "Low Margin, Low Return" Asia Activity
"Lower profits from the sale of price risk management products to our marine customers" also impacted the performance, CFO Ira Birns explains.
28 Apr 2017
Maersk Line and Hamburg Süd Sale and Purchase Agreement Receives Board Approvals
Maersk Line and Hamburg Süd Sale and Purchase Agreement Receives Board Approvals
The €3.7 billion acquisition still remains subject to regulatory approvals.
28 Apr 2017
Singapore Launches TR 56 Standard for LNG Bunkering
Singapore Launches TR 56 Standard for LNG Bunkering
MPA launched the standard in cooperation with SPRING Singapore and SDO@SCIC.
28 Apr 2017
Update - Bunker Jobs: Integr8 Fuels Seeking Trader/Broker
Update - Bunker Jobs: Integr8 Fuels Seeking Trader/Broker
Integr8 Fuels is one of the fastest growing bunker trader/brokers in the market.
28 Apr 2017
OPEC Tries to Ensure A Consensus For Cutback Extension But is "Stuck Between a Rock and a Hard Place," says Analyst
OPEC Tries to Ensure A Consensus For Cutback Extension But is "Stuck Between a Rock and a Hard Place," says Analyst
Meanwhile, an extension is said to be already factored in to current crude prices.
28 Apr 2017
Crude on Thursday Drops to 4 Week Lows, But The IEA Warns of Impending Price Spikes, Tightening Supplies
Crude on Thursday Drops to 4 Week Lows, But The IEA Warns of Impending Price Spikes, Tightening Supplies
The agency reports record drops of new discoveries and investment.
28 Apr 2017