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Crude Prices Continue to Fall

Bunker prices were softening again in the primary ports.

Daniel Rose Leaves Integr8, Joins OceanConnect Marine as Chief Commercial Officer

"I am being brought in to consolidate and streamline a number of the group's activities globally," Rose tells Ship & Bunker.

Buckeye to Acquire 50% Share of VTTI

Subject to regulatory approval, VTTI will be owned indirectly through a 50/50 split between Buckeye and Vitol.

LNG Bunker Players Shell and Pavilion Gas Appointed as Singapore LNG Term Importers

The two companies will supply Singapore with 1 million mt of LNG each year for up to three years.

Kobe Steel Marks First Use of Screw Compressors with LNG Bunkers

Kobe Steel says the market for nonstandard compressors for marine dual fuel engines is expected to total over $190 million over the next five years.

Bomin Linde LNG Signs LOI with Furetank for LNG Supply

Under the LOI, Bomin Linde LNG says it will supply the Furetank vessels with ship-to-ship bunkering services via a new LNG bunker supply vessel.

Cepsa First Strait of Gibraltar Bunker Supplier with MFM-Equipped Barges

Cepsa has installed new MFMs on two of its barges, with the remainder of its Bay of Gibraltar fleet set to receive the systems in the coming months.

Bomin Talks Bunker Credit Decisions, and Why They're Getting More Complex

"The golden rule is knowing your business partner, who you are dealing with. It sounds quite simple but a lot is actually involved," Captain Joe Zhou tells Ship & Bunker.

Crude Falls as Iraq Says No to Production Cuts, But Some Analysts Insist We're Heading to $70/bbl

Dr. Doom and Louise Yamada believe the market will defy fundamentals in the near future.

Non-OPEC Involvement in Oil Cuts Imperative, Says OPEC Secretary General

The push for unanimous cooperation continues as more cartel members opt out of the plan.

IMO Secretary-General Looking Forward to a Decision on Start Date for Global 0.50% Sulfur Cap for Bunkers

While the decision on whether it will be 2020 or 2025 is certainly expected this week, IMO has highlighted a decision could come as late as fall 2018.

ABB Shortlisted for Environmental Award for World's Largest Emission-Free Ferries

ABB Monday announced that it has been shortlisted for the "Energy Efficiency Solution Award" category of the 2016 Ship Efficiency Awards.

U.S. Fines Two Greek Companies $1.3 Million in Vessel Pollution Case

The two companies will also be required to pay a $200,000 community service payment for marine restoration and preservation projects.

Singapore Becomes Newest IEA Association Country

The announcement was made by Singapore's MTI and IEA Monday at the opening of the Singapore International Energy Week 2016.

Ocean Alliance Receives U.S. FMC Approval

The approval enables OCEAN Alliance to become effective as of Monday, October 24, 2016.

d'Amico Launches Three New Eco Tankers

The three ships, which include one handysize and two medium range tankers, are said to represent a total investment of $104 million.

Major U-Turn for U.S. OW Bunker Cases as ING Bank is Denied Maritime Liens

The decision offers a glimmer of hope to physical suppliers, but it could also be a boon for bunker buyers as no-one may be eligible for a lien.

Adani Bunkering Ties Up with Lukoil for Lubricants Supply in India

Adani Bunkering says it will cater to the marine lubricants requirements of vessels on coastal run across all Indian Ports.

Feature: World Fuel Services on The Benefits of Working with a Strong Counter Party

Feature: World Fuel Services on The Benefits of Working with a Strong Counter Party

Knowing how to manage risk is the key to long term success in the bunker market, and this has never been so true following the demise of OW and Hanjin.

Trump's "Unleashing" of U.S. Shale Will Result In Energy Independence by 2022: Hamm

Trump's energy advisor also thinks Trump will win in a Brexit style surprise election outcome.

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