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Gibsons: No Surprise That Shipowners Are Using "Wait and See Approach" Before Choosing a 2020 Compliance Solution

Refiners, meanwhile, have the headache of deciding on whether to investment in upgrading operations, Gibsons notes.

Bunker Fuel Oil Sales in Russia Drop by 26% in 2016

Bunker Fuel Oil Sales in Russia Drop by 26% in 2016

The most striking decline in bunker fuel oil sales was in Russian Far East — by 40% to around 3.6 million t.

Netherlands Launches Shore Power at Scheveningen

This is said to be the first time shore power has been made available in this form and scope in the Netherlands.

WE Tech to Provide Bunker-Saving Permanent Magnet Shaft Generators to Two Newbuild Tankers

WE Tech says it will begin equipment delivery for two new 18,600 DWT chemical tankers in October 2017.

Joint Project to See First Installation of Wind-Powered Energy Tech on a Product Tanker Vessel

Norsepower's rotor sails will be installed and trialled onboard a Maersk Tankers vessel, with average fuel consumption expected to be reduced by 7-10 percent.

Bunkering Tanker Hijacked Off Somalia: Officials

"The ship reported it was being followed by two skiffs yesterday afternoon. Then it disappeared," said John Steed of Oceans Beyond Piracy.

A Top 10 Singapore Supplier Has Bunker Tankers Suspended Over Mass Flow Meter Irregularities

Five of the 11 tankers operated by Panoil Petroleum have been suspended due to "irregularities with the piping fixtures."

BPO Talks Shore Power and LNG Bunkering at Green InfraPort Seminar

The final seminar on the Baltic Ports Organization-led Green InfraPort project was held on March 7.

Russia Warns of New Price War Due to U.S. Shale Gains as Kuwait Calls for Extension of OPEC Production Cuts

Increasingly, a one year cutback strategy is viewed as a solution to market woes.

OPEC Extension Could End Market Losses And Propel Oil to $60 Per Barrel: Analyst

Others warn of a return to oil in the $20s.

Gener8 Highlights Higher Rates for ECO Vessels Amid Rising Bunker Prices

Gener8 says it has become "increasingly apparent that a two-tier market exists favouring modern ECO vessels."

Singapore Breaks More Bunker Records: Posts Highest Ever February Sales Volume, YTD Sales Jump Up 8%

The foundations for a record 50+ million mt year have be laid.

Carnival Eyes Improved Ship Efficiency with New Fleet Operations Centers

Carnival is opening a second and third Fleet Operations Center in Seattle and Miami, respectively.

Hamburg Süd Marks Joint Pilot Project to Reduce Sulfur Dioxide Emissions at Chilean Port

The Santa Clara switched from the standard HFO to MGO on March 1 and 2 in order to run on auxiliary engines and boilers while on layover at the port.

OOIL Points to Higher Bunker Prices in 2016 H2 for Difficult Operating Environment

Citing an "extremely challenging operating environment," the company reports a 2016 loss attributable to equity holders of $219 million.

Viswa Lab Eyes 20% Bunker Savings With VEEMS System

First introduced in 2014, Viswa Lab says VEEMS is now a "fully developed and market-ready product for the marine industry."

Academic Calls New Zealand's Status on MARPOL "Quite Embarrassing"

Dr. Bevan Marten of the Law Faculty of Victoria University of Wellington says New Zealand's failure to ratify MARPOL is "irresponsible."

MAN Marks Delivery of Multi-Fuel Capable ME-GIE Engine

The engine - the first in a series of three - is said to benefit from the diesel principle running on mixtures of LNG and LPG, including VOCs.

KOGAS Moves to Develop South Korean LNG Bunkering Protocol

KOGAS is set to develop the protocol through a new MOU with Samsung Heavy Industries, DNV GL, and KC LNG Tech.

ABS Grants AiP to New Dual-Fuel Vessel Design Concept

Algoship Designers' dual-fuel design concept, known as Seatransporter-DF, can accommodate multiple engine types, including LNG.

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