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PBES and Høglund Marine to Partner on Hybrid and Fully Electric Vessels

The partnership agreement is said to highlight an ongoing "green shift" within the commercial marine industry.

Customs Seize 45,000 mt of Misdeclared Fuel Oil

Authorities have seized the "fraudulently imported" fuel oil as well as the tankers in which the fuel oil was loaded.

HMM Mulls 10 Newbuild Orders for Next Year

The possible order, which has been brought to the forefront in anticipation of improved profitability, is intended to replace outdated vessels.

Mass Flow Meters in Singapore Proving to be Five Times More Accurate Than Official Error Margin

"In general the accuracy for bunkering with MFM is very good," Simon Neo, Executive Director, Piroj International, tells Ship & Bunker.

Crude Prices Struggle to Move in Either Direction

Bunker prices were mostly stable in the primary ports.

Port of Huelva Approves Conditions for LNG Bunkering

The Board of Directors at Spain's Port of Huelva Thursday approved special conditions to enable the supply of LNG bunkers to ships at the port by barge.

NASSCO Christens Latest SEA-Vista LNG-Ready Tanker

Liberty, a 50,000 DWT ECO Class tanker, is also noted to feature 33 percent increased fuel efficiency.

2017: A Critical Year for Ship Recycling

2017: A Critical Year for Ship Recycling

2017 will see significant decisions that could shape the future of the global ship recycling industry, says Dr. Nikos Mikelis of GMS.

Standard Club Issues Reminder on China's Mandatory ECA Implementation

China's mandatory implementation of three ECAs covering the country's key ports will become effective January 1, 2017.

LNG Bunkering Companies Included in South Korean Deal for Cooperation on Shipping

The agreement, signed by shipping, shipyards, bunkering, and finance companies, is intended to boost the domestic shipping industry.

EU to Take Regional Action on Ship Emissions If IMO Fails to Act by 2021

The committee decided to include shipping emissions in EU's Emissions Trading Scheme from 2023 if IMO does not have a comparable system in place.

Goldman: Oil in the High $50s All the Way to 2019

Goldman has also changed its mind about cutback compliance, now stating that it will be strong.

Baltic Dry Index Returns to Sub-1000 Levels

But Scorpio Bulkers President Robert Bugbee is among those who see better days ahead for Dry Bulk, as the market has gone "from really awful, to just awful."

IMO Holds Emission Policies Update Workshop

The workshop was held in Hong Kong from December 14 to 16.

Crude Up on Confidence of OPEC Cutback Compliance, But Russia Doubtful Of Long Term Efficacy

The Bank of Russia believes the cutbacks won't have a lasting effect on prices.

IBIA: Almost All Licenced Singapore Fuel Oil Barges Are Fitted with MFMs

IBIA says 98 percent of fuel oil barges registered in Singapore are expected to be prepared for compliance with the new requirement on January 1.

Nature Energy Joins Partnership for Danish LNG Bunker Facility

The partnership, Nordic Liquefaction, is intended to enable "greener transport" in the Baltic Sea and the North Sea.

Analyst, COO Foresee Major Drawdowns And Oil Surging To $70 In 2018

Pioneer Natural Resources isn't hedging much for 2018 in anticipation of good times ahead.

Market Flat as Libya Reopens Oil Field And U.S. Shale Gears Up

However, Libya's return to production is viewed as gradual and fragile.

COSCO Aims for Bunker-Savings through New Fleet Contract with Marorka

The two companies will work together to boost the energy and operational efficiency of COSCO's new build fleet, as well as other selected classes.

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