All News

Bulls Forecast 2017 As "One of the Best Oil Years," Cooler Heads See Crude Capped at $60

Amid further predictions of oil hitting $100/bbl, a new Reuters poll pegs oil in a more conservative $60 neighbourhood.

30 Dec 2016

Crude Benchmarks Soft After Another Quiet Day

Bunker prices have been relatively stable today.

29 Dec 2016

Hanjin Reports U.S. Assets Fall Significantly Short of Liabilities

The company's U.S. assets are noted to total more than $124 million, while liabilities are reported to amount to $340 million.

29 Dec 2016

Debunkering Underway for Grounded Vessel in Greece

Crews are reported to have removed 4,600 litres bunkers from one of the fuel tanks of the grounded vessel, Cabrera.

29 Dec 2016

Port of Amsterdam "Recalibrates" Shore Power Pricing Policy

"Shore power contributes to a cleaner, greener port and the Port is seeking to expand this facility substantially," says the port.

29 Dec 2016

Neste to Supply Low Sulfur Bunkers to Eckerö Line Vessel

The agreement is noted to cover the supply of low sulfur bunkers to Eckerö Line's M/S Finlandia throughout 2017.

29 Dec 2016

Prospect of Lower Demand and OPEC Cheating Doesn't Deter Predictions of $100 Oil

Tim Pickering points out that oil doesn't like to "stay stuck" for very long.

29 Dec 2016

Venezuela Vows To Slash Production, Create 10 Years Of Market Stability

Venezuelan president Nicolas Maduro says he will achieve his stability goal but didn't explain how.

29 Dec 2016

Oil Markets Quiet, but Heading Towards Year End on an Upwards Trend

There are hopes though that with the new year oil benchmarks will soften as they seem overheated from December's rally.

28 Dec 2016

ECA Bunker Firm Neste to Buy Former Biodiesel Plant

Previously, conventional FAME biodiesel was produced at Sluiskil," the company says.

28 Dec 2016

ReCAAP: No Tanker Hijackings for Oil Cargo Theft in November, Total of Three Since January

Instances of piracy and armed robbery against ships in Asia saw a 60 percent decrease in November 2016 compared to the same month of 2015.

28 Dec 2016

Debunkering of Grounded Cargo Ship Prevented by Bad Weather

Cabrera ran aground on the Greek island of Andros early Saturday morning.

28 Dec 2016

Crude Creeps up as Libya and Nigeria Announce Output Increases

Analysts debate whether we're headed for a further price rally or a stall.

28 Dec 2016

"Bargain hunting" China May Slow Glut Reduction If OPEC Cutbacks Boost Prices Further: ClipperData

Analysts also cite U.S. shale as potentially ruining the effect of the cutbacks.

28 Dec 2016

PureBallast BWM System Gains U.S. Approval

Anders Lindmark of Alfa Laval says PureBallast now has USCG and IMO type approvals.

28 Dec 2016

Japanese Government Outlines Development Plan for Yokohama LNG Bunkering Hub

The plan was outlined in the results of a feasibility study for LNG bunkering at the Port of Yokohama, which was released by MLIT on Monday.

27 Dec 2016

Shenzhen Brightoil Renews Service Agreement with Brightoil E-Commerce

Brightoil says the agreement "serves to continue the innovative development synergy between the Group and the Shenzhen Brightoil Group."

27 Dec 2016

Shell Signs Sale Agreement to Divest Vivo Energy Stake to Vitol Africa

The sale, subject to regulatory approval, is expected to be finalised in the first half of 2017.

27 Dec 2016

GIB Takes Action Over Unpaid Newlead Bunker Bill

Glander International Bunkering is one of a number of companies seeking payment from Newlead Victoria.

27 Dec 2016

New Singapore Hire for OceanConnect Marine

The company says it will also be launching a new European office in January 2017.

27 Dec 2016