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Money Losing OPEC Members Expected To Follow Saudi's Lead on Market Share First Strategy at Vienna Summit This Week

Meanwhile, one western analyst credits Saudi Arabia for having a keen business sense.

Iraq Ramps Up Production - But Analyst Downplays Fears of Market Rebalance Delays

Iraq will supply 5 million barrels of extra crude to its partners in June.

CMA CGM Moves to Complete NOL Acquisition

CMA CGM Monday announced its "firm intention" to put forth an all-cash voluntary conditional general offer for NOL's remaining outstanding shares.

Tanker May Be Linked to 15 Tonne Fuel Oil Spill in Malaysia

A Port Klang-registered oil tanker is said to be suspected of causing Friday's fuel oil spill in Penang's North Channel.

ING Getting 100% of OW's Bunker Bills Should Not Be Seen as a "Windfall" - ING Lawyer

OW secured its $700 million facility based on their invoice totals, not the eventual trader margin, ING lawyer Bruce G. Paulsen tells Ship & Bunker.

Paint-Free Anti-Fouling Project Gets EU Backing

PPG says it has received funding from the EU to help develop a self-adhesive anti-fouling film, and an automatic robotised application process.

Reducing Ship Emissions a Challenge for the Whole Industry: IMO

Action must come not only from IMO, but also from ship designers, marine engineers, ship operators and others, says IMO's Head of Air Pollution and Energy Efficiency.

Tristar Holds Naming Ceremony for First of Six Bunker-Saving Tankers

The MR tankers are said to have a hull form design that improves fuel efficiency and makes them more eco-friendly than conventional designs.

Bunker Saving Hull Coatings Firm Cleared of Using Anti-Competitive Practices

Jotun says the Competition Authority has not found reason to proceed with its investigation of the company for possible breaches of competition law.

Trump Bashes Obama on Oil, But Kilduff Says the President May Have Done Shale a Favour

The analyst also questions campaign claims of no new U.S. refineries being added in decades.

Increasing Need for Buyers to Vet Bunker Suppliers, Says Singapore's TransNav Shipping

Morten Olsen Vind, VP at TransNav Shipping, says vessel owners need to carefully vet bunker suppliers prior to conducting business with them.

Forget "Retrograde Institution" OPEC, Says Analyst, Nigeria Can Bring About Oil Market Rebalance

More eyes will focus on the cartel's Vienna meeting to determine just how shaky its future is.

Today's Bunker Industry Players Lack Knowledge, Values: Muhtaroglu

"I would like to see the industry to come together to restore our credibility," the Energy Petrol Chief Executive tells Ship & Bunker.

DNV GL Trim Optimisation Slashes €21,000 from OSV Annual Bunker Bill

The joint development project examined two platform supply vessels, Far Sun and her sister ship Far Sygna.

Intensive Training Course Held in China Under IMO's GloMEEP Ship Efficiency Project

The five-day course, held in China from May 23 to 27, was intended to encourage increased adoption of energy-efficiency measures for shipping.

Saint Lucia Accedes IMO Conventions Related to Bunker Spill Pollution, Shipping Emissions, and BWM

Saint Lucia has become the 50th country to become party to the Ballast Water Management Convention.

Australia Well Positioned to Use LNG Bunkers, but There's Little Motivation to Do So

Comments came from an expert panel at the LNG as Marine Fuel seminar, held as part of the LNG18 conference.

Saudi Arabia "Killed OPEC and Buried It", says OPEC Source

The remark joins a growing chorus of critics who question the cartel's fundamental reason for being.

2004-Built Box Ships Get Double Bunker Saving Upgrades

The two Danaos container vessels, CSCL Europe and CSCL America, will recieve fixed pitch Kappel propellers, among other upgrades.

Nigeria Oil Supply Picture Worsens as Militants Shut Down Chevron Plant

Crude briefly breaks $50/bbl Thursday but analysts say that despite global declines continuing, prices may not necessarily climb dramatically.

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