All News

Saudi/Russian Vow to Fortify Oil Cutbacks Undercut by Iraq Promising Production Hike to 5 Million bpd
The Saudis and OPEC still insist that their cutbacks can be a success.
9 Mar 2017
Crude Prices Plunge 5% as Rumoured OPEC/US Shale Talks Achieve Not "Much of a Consensus"
But the 5 percent drop is attributed mainly to ongoing U.S. shale builds.
9 Mar 2017
2020 Sulfur Cap for Bunkers Could Be "Final Nail in the Coffin" for Asia Fuel Oil Trading: Analyst
Yaw Yan Chong, Director of Oil Research in Asia at Thomson Reuters, says fuel oil traders will have the task of learning to trade a different product come 2020.
9 Mar 2017
ExxonMobil Insight: Part 5 - Fuel Switching [ Video ]
Fuel switching is a complex and very controlled procedure.
8 Mar 2017
OPEC Compliance Reportedly Rises to Over 98%, but Oil Majors Don't Expect an Uptick for Prices
Meanwhile, Saudi's energy minister flip-flops on issues at CERAWeek.
8 Mar 2017
Despite Worries Over Singapore MFMs, Bunker Surveyor Sees Increased Demand for its Services
"There is a need for good bunker surveying and inspections services," says Vikram Mohan, Managing Director at Viking Marine.
8 Mar 2017
LNG Gorskaya Overseas Inks Financing Deal for European LNG Bunkering Centres
The new financing is slated to support the construction of LNG bunkering centres in Estonia, Germany, Latvia, Sweden, and Finland.
8 Mar 2017
Crowley Highlights Progress on Port of Jacksonville LNG Bunker Facility [VIDEO]
With construction underway, Chart Industries is expected to deliver two 1 million litre Decinske Giant cryogenic tanks for LNG storage within the month.
8 Mar 2017
Parker Kittiwake Expands Distributor Network with Insatech
Parker Kittiwake says it has signed an agreement with Insatech A/S, making the company a Parker Kittiwake distribution partner in Denmark.
8 Mar 2017
DBS Marks EU MRV Accreditation from UKAS
With its UKAS accreditation, DBS says can provide assessment of monitoring plans and verification of emissions reports.
8 Mar 2017
Edison Moves to Develop LNG Bunkering and Storage Facility on Italy's Northeast Coast
Edison is said to be looking to build a 20,000 cbm facility at the Ravenna harbour in the Emilia-Romagna region.
8 Mar 2017
SEA\LNG and SGMF Pen MoU for Cooperation on LNG as Marine Fuel
Through the MoU, the two organisations will provide support for each other by sharing knowledge, data, and information from their areas of responsibility.
8 Mar 2017
Saudi Oil Minister Makes About Face, Now Says Oil Inventories Aren't Draining as Quickly as Thought
However, he still believes that up to 5 million bpd in growth from US shale would be acceptable.
8 Mar 2017
Another Day of Limited Market Movements for Oil
Bunker prices were stable in the primary ports.
7 Mar 2017
Hanjin Shipping Delisted from Korean Exchange
Meanwhile, one of Hanjin Shipping's few remaining vessels, Hanjin Rome, has been sold by the Supreme Court of Singapore, court documents show.
7 Mar 2017
Unioil Supply Appoints New Sales & Business Development Manager
Kristian Korsgaard Pedersen has been hired as Sales & Business Development Manager, with development of new and existing business a "top priority."
7 Mar 2017
HMM Signs MoU for Sale of Ten Container Vessels
As part of an effort to raise funds, HMM has entered into a MoU to sell ten of its container ships to state-backed Korea Shipping Co.
7 Mar 2017
Dan-Bunkering Appoints Development Manager for Mexico and Central America
Oscar Obregon has taken on the role of Development Manager for Mexico and Central America, effective March 1, 2017.
7 Mar 2017
Baltic Dry Index Continues Positive Run to Break 1000
The Baltic Dry Index gained 54 points today to reach 1033 - the highest the index has been since mid-December.
7 Mar 2017
Singapore's Sinanju Tankers Embarks on Complimentary Mass Flow Meter Familiarisation Program
Sinanju Tankers says some ship operators and crew are unfamiliar with the MFM bunkering equipment and procedures used in Singapore.
7 Mar 2017