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Texas Congressman Says US Will Boost Shale Oil Production if OPEC, Other Nations Cut Theirs
Feb 22, 2016 ... up to a point: "OPEC is no longer in its heyday, but it is absolutely still important," he told CBC News, adding that "They have survived lots of conflicts and wars and proven their ...
Maersk Slashes $2.3 Billion From its Annual Bunker Bill
Feb 17, 2016 ... But the the savings did little to help its bottom line, as CEO Nils Andersen warns of tough times ahead. ...
Gazprom Denies Rumours of Output Reduction Discussions, Says There's No Need for Production Cuts
Feb 3, 2016 ... "At the moment, we see that for us, a cut in production is not economically justified," says Gazprom Neft's Alexei Yankevich. ...
Gulf Petrochem Announces Fujairah Terminal Expansion Project to Begin in April 2016
Jan 26, 2016 ... Petrochem says the expansion will bring the total Fujairah terminal's storage capacity to 655,280 cbm, a 243,280 cbm increase from the terminal's current capacity. The company says that, ...
Anthony Verder Announces "First Sustainable Shipping Loan"
Jan 25, 2016 ... loan is said to have been arranged to support the building of Anthony Verder's 18,000 cubic metre (cbm) Ice Class 1A Super LNG carrier, Coral EnergICE, which uses cargo boil off to fuel the vessel's ...
Why You Might Be Losing Millions on Sludge Disposal, and How You Can Prevent It
Jan 13, 2016 ... has to be paid for or depending on where you are – the ship-owner would get paid per ton (or cbm) of sludge discharged. This is where Petro Inspect plays its part ensuring the ship-owner is ...
Singapore-Listed TRIYARDS Wins $21.82 Million Bunker Barge Contract
Dec 31, 2015 ... The barges are said to be slated for delivery in the second quarter of 2018, and are intended to bunker vessels in Taiwan's harbour and coastal areas. ...
New OW Bunker Report is Good News for Investors and Creditors, Says Expert
Dec 30, 2015 ... Friis Hansen, professor of corporate law at Copenhagen Business School (CBS), says a new report released by trustees for the OW Bunker bankruptcy proceedings is good news for investors and ...
Vopak Sells UK Terminals to Macquarie Capital and Greenergy
Dec 22, 2015 ... chemicals, and gas terminals, which are said to have a combined capacity of 700,000 cubic metres (cbm), will become part of Navigator Terminals. Greenergy is reported to be acquiring Vopak ...
Carnival Expecting 2016's Average Bunker Price to be Under $250/mt
Dec 21, 2015 ... The cruise giant saw a 40% lift in FY2015 earnings, and reported significantly lower than expected fuel costs. ...