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OPEC Cuts Fail to Stop Oil Stocks Rising, but Markets are "Very Close" to Balance, Says IEA
OPEC Cuts Fail to Stop Oil Stocks Rising, but Markets are "Very Close" to Balance, Says IEA
IEA says it is "seeing demand growing fairly steadily."
14 Apr 2017
Singapore Quarterly Bunker Sales Volume Hits Record High [ GRAPH ]
Singapore Quarterly Bunker Sales Volume Hits Record High [ GRAPH ]
The best ever quarterly total of 12.65 million mt is up some 69 percent over the 7.49 million mt sold in 1Q 2007.
13 Apr 2017
Weekly Vessel Scrapping Report: 2017 Week 14
Weekly Vessel Scrapping Report: 2017 Week 14
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 6 – April 12, 2017.
13 Apr 2017
SCF LNG-Powered Tankers to Feature WinGD Dual-Fuel Engines
SCF LNG-Powered Tankers to Feature WinGD Dual-Fuel Engines
WinGD says it will also supply the vessels with its Engine Diagnostic System, enabling lower bunker costs through engine performance optimisation.
13 Apr 2017
PDZ Moves to Defend Against Vessel Arrest for Unpaid Bunkers
PDZ Moves to Defend Against Vessel Arrest for Unpaid Bunkers
CPSB claims the vessel PDZ Maju owes RM563,311 ($127,662.59) for bunkers supplied in December.
13 Apr 2017
Wärtsilä and CHI Receive LR AiP for Efficient Natural Gas Operating Fleet Concept
Wärtsilä and CHI Receive LR AiP for Efficient Natural Gas Operating Fleet Concept
The project is intended to provide vessel operators with a more efficient and economical fleet design, meeting current and future environmental regulations.
13 Apr 2017
Rickmers Maritime Faces Winding Up After Failure to Reach Restructuring Agreement
Rickmers Maritime Faces Winding Up After Failure to Reach Restructuring Agreement
RMT says it is in advanced discussions with a potential buyer for the trust's assets, although "no deal has been finalised at this stage."
13 Apr 2017
Singapore Marks Latest Step for LNG Bunkering with First Truck Loading Facility
Singapore Marks Latest Step for LNG Bunkering with First Truck Loading Facility
The LNG truck loading facility was launched during a ceremony held on April 12 at the SLNG Terminal.
13 Apr 2017
High Speed Ferry Business "Very Exposed" to Fuel Volatility, Says Trasmediterránea Director
High Speed Ferry Business "Very Exposed" to Fuel Volatility, Says Trasmediterránea Director
Mario Quero, Managing Director of the Spanish ferry-operator, says such volatility is the problem with the business model of high-speed vessels.
13 Apr 2017
Currently "No Incentive" for Movement Toward 2020 Compliance, Says Industry Player
Currently "No Incentive" for Movement Toward 2020 Compliance, Says Industry Player
The comments from Paul Nix, General Manager of Terminal Operations at Gulf Petrochem, came at an industry conference in Fujairah earlier this month.
13 Apr 2017
Global Drawdowns Embolden OPEC and Analysts, but Experts Warn That It May Merely Be a Shifting of Supplies
Global Drawdowns Embolden OPEC and Analysts, but Experts Warn That It May Merely Be a Shifting of Supplies
Meanwhile, Goldman sees a return to long-term oil price stability.
13 Apr 2017
Support for OPEC Cutback Extension Grows, and Citi Predicts Brent Rebounding to Above $60 As a Result
Support for OPEC Cutback Extension Grows, and Citi Predicts Brent Rebounding to Above $60 As a Result
However, a cautious Kilduff worries that conflict with North Korea could send demand - and prices - plummeting.
13 Apr 2017
New Wison Multi-Functional LNG Vessel Design to Support Bunkering Operations
New Wison Multi-Functional LNG Vessel Design to Support Bunkering Operations
The Wison-LNG-Distributor has a scalable capacity of 5,000 to 20,000 cbm, integrating the functions of LNG loading, bunkering, and container delivery.
12 Apr 2017
Repsol Looks to Lift Stake in South Americas Bunker Market With New Bunker Barge at El Callao
Repsol Looks to Lift Stake in South Americas Bunker Market With New Bunker Barge at El Callao
"The capacity to supply bigger volumes with the new vessel will strengthen our leadership in Peru´s Bunker market." Bunker Manager Ramón Blanco tells Ship & Bunker.
12 Apr 2017
Bulker Involved in Near Collision While Bunkering at Gibraltar [VIDEO]
Bulker Involved in Near Collision While Bunkering at Gibraltar [VIDEO]
One bulker is understood to have been bunkering when strong winds pushed another bulker off course, leading the near collision of the two vessels.
12 Apr 2017
Verifavia Receives Second Accreditation as EU MRV Verifier
Verifavia Receives Second Accreditation as EU MRV Verifier
Verifavia's latest accreditation as a EU MRV verifier has come from France's national accreditation body Cofrac.
12 Apr 2017
Finnlines Pens Service Order for Existing Alfa Laval PureSOx Scrubbers
Finnlines Pens Service Order for Existing Alfa Laval PureSOx Scrubbers
Finnlines' service order covers the performance optimisation of its existing Alfa Laval PureSOx scrubber systems on seven of the company's RoRo vessels.
12 Apr 2017
Uniper Provides Boost to ULSFO Exports from Fujairah
Uniper Provides Boost to ULSFO Exports from Fujairah
Uniper's Fujairah facility is said to have a production capacity of about 300,000 tonnes of ULSFO per month.
12 Apr 2017
Bulker Arrested Over Unpaid OW Bunker Bill Put to Auction
Bulker Arrested Over Unpaid OW Bunker Bill Put to Auction
Infinity was arrested in October on outstanding debts from four creditors.
12 Apr 2017
LOI Sets DuPont as Preferred Scrubber Supplier for Navios' ShipManagement
LOI Sets DuPont as Preferred Scrubber Supplier for Navios' ShipManagement
The LOI is also said to confirm that Navios and DuPont Clean Technologies will take on a joint feasibility study and techno-economic analysis.
12 Apr 2017
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