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WTI Slips as Stimulus Efforts Set to Continue

WTI settled at $99.94/bbl, slipping $0.12/bbl while Brent finished at $108.68, up $0.05/bbl.

Rising LNG Bunker Use Boosts Marine Tech Firm's Order Book

Bestobell Marine says its cryogenic valves are being used in new LNG-powered ferries and OSVs.

Singapore Bunker Spill Containership to be Scrapped

Fei He sustained damage in her portside hull following a collision last month.

Brightoil Shares Suspended Pending "Very Substantial Acquisition" Announcement

Brightoil did not indicate exactly when the announcement would be made, or the nature of the acquisition.

New Oil Risk Manager to Focus on Business Expansion for Global Risk Management

Catherine Marangelli had previously been working for the firm as a consultant.

New Sales Manager for Dan-Bunkering in Singapore

Morten Mortensen has been employed as Sales Manager effective February 1, 2014.

Taiwanese Lines Bullish on Cheaper Oil

Evergreen, Yang Ming say extra oil supply, global growth, will boost results in 2014.

Italian Terminal Could Offer LNG Bunkers

A consortium of companies wants to import cheaper energy in northeastern Italy.

WTI Makes Gains for a Fifth Straight Trading Day

Brent had slips $0.94/bbl to settle at $108.63, while WTI gained $0.18/bbl finishing the day at $100.06/bbl.

Bomin Expands Team in Dubai

Kayo Dubash previously worked for World Fuel Services.

Draft LNG Bunkering Guidelines Issued by U.S. Coast Guard

The policies would address safe practices in transfer operations, personnel training, and security.

Singapore: 3rd Bunker Spill in 13 Days After Another Vessel Collision

The MPA has also issued a final report on two collisions and spills late last month.

Ship Sinks in Black Sea Carrying 10 Tonnes of Bunkers

A small amount of oil was reportedly sighted at the location of the sinking.

U.S. Firms to Supply LNG for TOTE Ships

Pivotal LNG and WesPac Midstream will form a joint venture to build a natural gas plant in Florida.

CMA CGM Adopts Modular Cold-Ironing Solution

The mobile units give the company flexibility to move the cold ironing equipment among vessels.

Triple Hire for Dynamic Oil Trading in Dubai

The Singapore-based firm is continuing to recruit for its Middle East operation

French Strike Disrupts Ports

Some tankers were held up in and around Fos-Lavera, and Le Havre arrivals were rescheduled.

Mauritius Plans to Triple Bunker Volumes

The plan calls for liberalised bunker trade to take advantage of international interest in the industry.

GUPC Confirms Panama Canal Work Stoppage

"While awaiting an agreement to enable the finalisation of construction, work has been suspended on the project," says the consortium.

Indian Bunker Industry is Not Living Up to its Potential

Companies operating in the country say infrastructure, quality problems are hurting the industry and changes are needed.

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