All News

Call For Prolonged OPEC Cutback Deal Intensifies Amid Rumours that Cartel's Relationship with Russia is Strained

Meanwhile, Iran wants OPEC to impose caps on Libyan and Nigerian production.

26 Sep 2017

Crude Prices Surge, but Analysts Warn that Oil Approaching $60 May Spur a New Wave of Overproduction

Meanwhile, other experts say a widening WTI//Brent spread is sending mixed signals about the true supply/demand status.

26 Sep 2017

Future-Ready Shipping Conference to Help "Gain Traction" Toward Shipping GHG Reduction

Participants at the conference are set to discuss new developments in maritime energy-efficient technologies.

25 Sep 2017

SOHAR Takes Aim at Fujairah's Bunker Business with $600 Million Terminal Deal with Singapore's Trescorp

"What we were seeing was vessels coming to Sohar and then going to Fujairah for bunkering. We want to stop that," says SOHAR CEO Mark Geilenkirchen.

25 Sep 2017

HullWiper Launches Leasing Scheme to Expand Offering of Bunker-Saving Service

The diver-free ROV can be used wherever approval has been given for its operation within port waters.

25 Sep 2017

Viking Cruises Takes Delivery of Bunker-Saving Newbuild

The 47,800 gross tonne Viking Sun is set to be joined by two more sister ships over the next two years.

25 Sep 2017

South Korea Moves to Build Largest LNG-Powered Ships in the World

MOF and cooperating parties are set to sign a agreement on Tuesday to start the pilot project.

25 Sep 2017

FueLNG Completes First Bunker Transfer in Singapore

The operation was carried out in batches from July 22 through to September 23 through the truck-to-ship bunkering of the FLNG vessel, Hilli Episeyo.

25 Sep 2017

Scorpio Bulkers Buys Six Ultramax Ships

For $143 million from cash and loans

25 Sep 2017

Bulk Carrier Detained in Singapore

63,000 dwt bulker was built in 2015

25 Sep 2017

Ship Efficiency Project Global Industry Alliance Adds Rotterdam, Bureau Veritas as Members

Areas of interest for the alliance cover energy efficiency technologies, alternative fuels and digitalisation

25 Sep 2017

Three Reasons Why We Need to Embrace Technology in Bunkering Now

"Today if you order a $15 pizza online you will get more information about its delivery than you will if you order a $1.5 Million bunker stem," Oilfront's Danny Soos writes for Ship & Bunker.

25 Sep 2017

Crude Makes 3rd Straight Weekly Gain Despite OPEC Deferring Talk of Cutback Extension

But it's anyone's guess what will ultimately move prices away from their range-bound status.

22 Sep 2017

Libyan, Nigerian Output Along With Cutback Extension Downplayed in OPEC Meeting

Meanwhile, Russia is calling for a longer-term oil strategy going into 2018.

22 Sep 2017

Russia Promises New Funding in Support of Transition to LNG Bunkers

The plan - part of a larger strategy to support the transition to LNG - is valued at RUB 94.69 billion ($1.63 billion) from 2018 to 2022.

22 Sep 2017

Baltic Dry Index Breaks Above 1500 for the First Time in Over Three Years

The Baltic Dry Index gained 32 points today to reach 1502 - the first time the index has been above 1500 since April 24, 2014.

22 Sep 2017

SEACOR Marine PSV to Receive Upgrade with Hybrid Power Tech

The hybrid power solution is support compliance with environmental regulations while also reducing operating costs through reduced fuel consumption.

22 Sep 2017

ESL Shipping Marks Naming of Second LNG-Powered Newbuild

The "highly energy-efficient" LNG-fuelled dry cargo vessel was named Haaga during a ceremony at the Jinling shipyard in Nanjing, China.

22 Sep 2017

Mixed Signals About Extension Talks Come in Advance of Friday OPEC Meeting

However, the cartel will reportedly consider export tracking to assess compliance.

22 Sep 2017

OPEC Unease Keeps Crude Prices Flat Despite Further Signs of Declining Inventories

The fear now is that rising prices will inspire less OPEC cutback compliance.

21 Sep 2017