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Korea Maritime Institute Calls for Fuel Efficiency Boost Among South Korean Fleet

A recent study by KMI showed that 248 of 890 Korean vessels plying international routes were operating at low levels of fuel efficiency.

LMG Marin Awarded Design Contract for New LNG-Powered Ferry

LMG says the vessel will be the first LNG-fuelled ferry on the Mediterranean Sea.

Bunker-Saving Corvus ESS Featured on Scandlines' Newest Hybrid Ferry

Corvus says MV Copenhagen is the sixth Scandlines hybrid ferry to utilise a Corvus ESS.

Bunker Supply Chain Needs Significant Infrastructure Investment for 2020 Cap: BRS

As well as the construction of new bunker barges, BRS says the new cap could mean storage tanks being reconfigured to hold clean products instead of fuel oil.

Prepare for Soaring Prices For "Fuel of Choice" MGO in 2020: BRS

The new report by BRS' Tanker Department also concludes that consumers with the least ability to pay increased prices could be squeezed out of the market.

0.50% Global Sulfur Cap to Be Met With "Limited" Large Scale Non-Compliance: Report

The report by BRS' Tanker Department suggests that enforcement could be conducted at port though bunker note inspections.

OPEC Focusing Pre-Vienna Diplomacy on Iran, Russia - Which Is Holding Firm on a Production Freeze, Not Cut

Russia's unwavering stance could cause trouble at the November 30 summit.

Oil Drops 4% as Saudis Abandon Non-OPEC Oil Meeting

Many other signs point to a dismal November 30 Oil Cutback summit.

ESL Shipping to Receive up to €5.9 Million in EU Funding for LNG-Powered Newbuilds

ESL has also signed €50 million in vessel financing agreements with OP Corporate Bank to support the company's newbuilding projects.

New Pavilion Agreement to Support Singapore Bunkering Development Efforts

Pavilion has signed the agreement with Harley Marine, MOL, and Mitsui to support its development of LNG bunker supply and delivery models.

NORD/LB Expects More Than €1 Billion Loss Through Ship Finance

Further, risk provisioning is said to be above average in the fourth quarter, and is expected to come in "considerably above" €2 billion for the 2016 year.

Panamanian Ports Shutter Operations on Approach of Hurricane Otto

Balboa and Cristobal anchorages are noted to be experiencing delays.

0.5% Global Sulfur Cap Will Benefit Well Capitalised Bunker Suppliers: Aegean

The new cap "will have a positive impact on our business," says Aegean President E. Nikolas Tavlarios.

Shell Marine Updates Mobile App to Include Lube Reporting

The company notes its lube products are also available at new ports across Australia, China, Europe, Philippines, and Saudi Arabia.

Weekly Vessel Scrapping Report: 2016 Week 46

Weekly Vessel Scrapping Report: 2016 Week 46

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from November 17 – November 23, 2016.

EC Gives Green Light Hapag-Lloyd UASC Combination

The approval is noted to be conditional on UASC's withdrawal from a consortium on the trade routes between Northern Europe and North America.

Copec Completes First Bunkering at Newly Launched Supply Location

"Puerto Williams is a perfect place to bunker," Bunker Manager Milan Abovich tells Ship & Bunker.

MOL Launches New Project to Reduce Fleet's Environmental Impacts

The Ishin Next - MOL Smart Ship Project will also share its technological development policies with customers and other stakeholders.

Malaysia Eyes Singapore Bunker Traffic with New Port and MoU

T.A.G. Marine has signed a MoU with Singapore's Toyota Tsusho Petroleum to explore bunkering at the planned Kuala Linggi International Port.

Neste to Distribute Low-Sulfur Bunker Fuel in Sweden form January 1, 2017

"To us, this means expanding the market area of marine fuels," says Matti Lehmus, Executive Vice President, Oil Products at Neste.

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