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FESCO Bunker Revenue Falls 84.9% on "Significantly" Reduced Operations

The company says its consolidated revenue also decreased by 27.1 percent year on year due to its reduction in bunkering activity.

CB&I Awarded Contract for Tacoma LNG Storage and Refuelling Facility

The contract, which is worth more than $200 million, covers the engineering, procurement, fabrication, and construction PSE's Tacoma LNG Plant

AkzoNobel Marks 20,000th Application of Efficiency Boosting Intershield 300

Teekay Shipping's newbuild Torben Spirit received the application of the anticorrosive universal primer earlier this month.

ETI Seeking Partners to Develop Vessel Performance Tool

ETI says it is looking to develop a tool to provide accurate and transparent data on the performance of different types of vessels.

Prepare For Bunker Price Spike: Oil Jumps Over 7% After Sources Indicate OPEC Has Agreed to Cut Output

Full details of the deal are still emerging.

Cockett Announces Relocation of UK Office

Cockett Group says its UK branch has relocated its office from Kent to London Bridge.

Mandatory Singapore MFMs Prompt "Many Enquiries" for the TR48 Accredited Technology at Other Ports

In the coming years, "the industry will see more independently accredited tankers in accordance to TR48:2015, in different ports around the world."

Carbon War Room Announces Launch of New Free Ship Operational Efficiency Portal

Carbon War Room, exactEarth, and UMAS have launched the free-to-access BetterFleet on ShippingEfficiency.org.

OPEC Cutback Deal Now Needs "Rescuing" At 11th Hour; Fear That Prices Will Plummet

The Saudis and Iran are reportedly at loggerheads over a 200,000 barrel discrepancy.

Vienna Deadlock Causes Crude To Drop 4%, Saudis Taking Increasingly Hard Line In Cutback Talks

The kingdom insists that all players participate in the cutback save for Nigeria and Libya.

IEA Highlights Refiner and Shipper Challenges Expected from 2020 Sulfur Cap

Bunker fuel refiners will have to increase supply of lower sulfur blendstocks and decide what to do with higher sulfur residual oil that can no longer be blended.

Maersk Line Mulls Hamburg Süd Acquisition: Sources

Such a move is expected to fortify Maersk Line's presence in Latin America in particular.

Hong Kong Moves to Enforce New Antifouling Regs on Ships

The new regulation prohibits the use of organotin compounds as biocides in antifouling systems on ships.

COSCO Europe Reaches "New Heights" of Fuel Efficiency with Bunker-Saving Hull Coating: Jotun

The 10,062 TEU container ship's bunker costs have been reduced by $4.5 million and its CO2 emissions by approximately 29,500 tonnes in four years.

ABS and Keppel Become Newest SEA\LNG Partners

The cross-industry coalition is intended to address market challenges to facilitate the global uptake of LNG as a marine fuel.

BRS: Scrubbers "Uneconomic" for Older Vessels

With future legislation expected to address NOx and PM, "there is little certainty that scrubbers can clean emissions to future compliance levels," says BRS.

Bunker Jobs: Chief Executive, International Bunker Industry Association (IBIA)

The role will be London based but involves some travel, and reports to the IBIA board.

Oil Cutback Prospects Grow Increasingly Dim, Kilduff Speculates The Saudis Could "Produce Full Out" And Force Compliance

Meanwhile, last minute talks to encourage compliance produce no tangible results.

Oil in the $20s, Bunkers in the $100's Is the Price of Failure as the Countdown Begins for OPEC's Cutback Summit

"I wouldn't be surprised if we see $20s again." says Amrita Sen, chief oil analyst at Energy Aspects.

Poseidon Med II Works Toward Greek National Regulatory Framework for LNG Bunkers

The Poseidon Med II held a workshop in October to discuss the development of a regulatory framework for the use of LNG as marine fuel.

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