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U.S. ECA Operator Orders Two More Ferries from Vigor

The order follows a similar two-vessel order received by the company from WETA in 2015.

Storage Tanks Set for Arrival at Port of Klaipėda LNG Station

The tanks are currently being shipped by individual barges to the port of Hamburg, and are set to arrive at the port of Klaipėda in mid-March.

CWR and UMAS Warn of Rising Risk to Banks as Shipping Deals with Tightening Emission Regs

The organisations say the onset of climate policies by 2023 will pose risk to the banks that hold approximately $400 billion of the world's shipping debt.

Brightoil's Fuel Oil Sales Grow 38% for 2H 2016

Overall, Brightoil's total revenue during the period saw an increase of about 44 percent.

"No Reason Known" for Drop in Rotterdam's 2016 Bunker Sales Volume

Bunker sales at the port during the 2016 year fell to 10.1 million m3 from 10.6 million m3 the previous year.

Neste Marks Start of Ex-Pipe Deliveries of Low-Sulfur Bunkers in Sweden

Neste says the new ex-pipe service offering is intended for ships calling the Södertälje terminal for cargo, as well as for ships passing the terminal.

Record Rising U.S. Oil production Will Continue to Offset OPEC Cutbacks

Analysts portray the situation as a looming "tug of war" between the cartel and the U.S.

More Predictions of Oil Range Bound at $50-60, With Resurfacing Fears of a Slide to the $30s

Much of the fear is due to U.S. shale and the possible expiration of the OPEC cutback agreement in the spring.

Fosmax Eyes LNG Bunkering Opportunties at Fos Cavaou

In the Mediterranean basin the growth prospects for LNG are mainly driven by the development of LNG as a marine fuel, says Fosmax LNG.

Stranded Bunker Dispute Vessel to be Returned to China

The outstanding bunker costs have been settled, according to reports.

Finnlines Cuts Bunker Costs by 28% Despite Rising Prices

"In 2016, most of the vessels were operated using less expensive fuel oil," the ECA operator says.

Ambitious CO2 Reduction Objectives Will Only Be Achievable With Alternative Marine Fuels Which Do Not Yet Exist: ICS

ICS says widespread availability of alternative bunkers such as hydrogen or fuel cells is not expected "for at least another 20 or 30 years."

ICS Sets Out CO2 Reduction Plan for Shipping, Warns Industry Could be Vulnerable to Regional Action

ICS Chairman Esben Poulsson says he is "confident" IMO can adopt an ambitious reduction Strategy by 2018.

ABS First to Gain EU MRV Accreditation

As an independent third party, ABS says it supports EU MRV compliance by ensuring plans and monitoring are aligned with the applicable requirements.

U.S. Court Convicts Two Chief Engineers in Relation to Oily Waste Discharge

Two chief engineers of the vessel T/V Green Sky have been convicted of falsifying documents to conceal illegal discharges of oily bilge waste.

MOL to Purchase Bunkers and Lubricants Through New Bunker Business Office

The office will also establish policies for the comapny's bunker procurement in accordance with regulations, such as those that relate to SOx emissions.

Non-OPEC Oil Cutback Compliance "at Least 60%", While US Exports Continue at Record Highs

One analyst says OPEC "have to be concerned with U.S. oil producers eating into their market share."

Crude Makes Gains Despite Build in Crude Supplies

Bunker prices were firmer in the primary ports.

Weekly Vessel Scrapping Report: 2017 Week 7

Weekly Vessel Scrapping Report: 2017 Week 7

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 16 – February 22, 2017.

Spanish Dockers Announce New Promise of Strike Action

Spanish dock workers have planned nine days of planned strike action between March 6 and March 24.

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