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Dan-Bunkering Announces New Singapore Trader and Stamford Transfer

Brenda Lim has been employed as Bunker Trader in Singapore, while Kasper Rosenberg has been transferred to Stamford office from Middlefart.

Third of Five APT LNG-Ready ECO Tanker Newbuilds Christened

APT's newest vessel, Garden State, is the third of five 50,000 DWT, LNG conversion-ready, and fuel efficient ECO Class tankers.

IBIA Calls on Bunker Industry to "Think Innovatively " to Overcome OW Bunker Double Payment Situations

"Overall, when a customer makes payment, that customer must be assured that it will not have to make the payment more than once," says IBIA.

New Container Carrier Alliance, THE Alliance, Announced

The group of six carriers is set control 18 percent of the world's container capacity.

Global Oil Supply and Demand Will Soon Get "Very Close to Balance": IEA

But don't expect prices to reach acceptable levels immediately, the agency warns.

Global Cap on Sulfur in Bunkers Should be Phased In, Expert Suggests

Navigistics Consulting's David St Amand says, in addition to completing its fuel availability study, the IMO should stagger the sulfur limit reduction.

Nigeria Plus OPEC Strategy Could Equal Oil Shock: Bloomberg

Analyst Julian Lee worries that rising production means the world is less able to cope with a big supply disruption.

Ocean Alliance "Unlikely" to Impact Singapore Players

Two hub ports in the Strait of Malacca, Singapore, and Westports in Malaysia, are expected to be maintained.

Promotion as UK Bunker Player Looks to Develop Marine Portfolio

"Continuing to grow our Marine division is essential," the company says.

Volatility Rules the Day for Crude

The market tried to make sense of the days data points.

Poseidon Med II LNG Bunkering Workshop Held at Igoumenitsa

The workshop discussed the Hazard Identification Study and Risk Assessment for feasible types of bunkering operations at the port.

ECA Operator Sees Scrubber Benefit Despite BAFs Negating Direct Benefits to its Bottom Line

"It enabled us to offer low prices to our customers and through that we can have higher capacity utilisation of our vessels," says Finnlines.

Euronav Ups Anti-Fouling Measures for Increased Bunker Savings

Hempel says Euronav made the decision following a 45-month patch test of Hempaguard on its VLCC, the Famenne.

GAC EnvironHull Wins Clean Shipping Award for Bunker Saving HullWiper

The Clean Shipping award was presented as part of the Seatrade Awards.

New Major Container Alliance to be Announced by Friday: Sources

NYK, K Line, MOL, Hapag-Lloyd, Hanjin, HMM, and Yang Ming are said to be involved in the new alliance discussions.

Weekly Vessel Scrapping Report: 2016 Week 18

Weekly Vessel Scrapping Report: 2016 Week 18

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from May 5 – May 11, 2016.

OPEC Has Practically Stopped Existing as a United Organisation: Sechin

Rosneft CEO says a number of objective factors exclude the possibility for any cartels to dictate their will to the market.

Fujitsu Says New "Highly Accurate" Fuel Efficiency Tech Could Save 5% on Bunker Costs

"With this technology, it is possible to accurately estimate a ship's performance in actual sea conditions, which previously had a large margin of error," says Fujitsu.

One Third of Bunker Vessels in Singapore Now Equipped with an MPA Approved Mass Flow Metering System

Fellowship, Sea Tanker I, and Sentek 27 were the latest vessels to join the list.

Crude Benchmarks Rally Another 3%

The market was surprised by a 3.4 million barrel draw induced by the Canadian wildfires.

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