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ABB: Market is Moving Towards Dual-Fuel Engines
May 9, 2013 ... of the vessels on order at the moment are 4-stroke duel fuel electric driven. "The reasons are obvious: being able to run both diesel and gas, with higher efficiency and lower emissions, combine ...
April Iranian Fuel Oil Sales Five Times Higher than in 2012
May 3, 2013 ... NIOC has sold three cargoes directly into China," one North Asian trader said. "The flow is obviously killing us because this is a lucrative market which everyone is trying to grab a share ...
Indian Official Calls for Duty-Free Bunkers for Coastal Ships
Apr 19, 2013 ... roadways, railways and aviation have been beneficiaries of a host of subsidies, such as interest subvention, credit facilities and outlays," Chatterjee said. "Coastal shipping has been left to ...
DNV Offering 'LNG Ready' Ship Designs
Apr 17, 2013 ... without making an expensive commitment to the fuel. DNV notes that shipowners have three obvious options for meeting sulfur limits that go into effect in Emission Control Areas (ECAs) in ...
ILA Overwhelmingly Approve New Master Contract
Apr 11, 2013 ... of the United States Maritime Alliance (USMX), said in a statement that the management group was "obviously pleased" with the outcome of the vote. "It's in the best interest of both sides, our ...
GDZR Executive Takes Over as Titan CEO
Apr 1, 2013 ... has been using in its quest to acquire almost 90 percent of Titan as well as assets including its BVI storage. Also effective March 26 2013, Titan appointed Mr. Fan Qinghua as a non-executive ...
IBIA Chief Executive Cliff Brand Resigns
Mar 6, 2013 ... position at the end of October 2012, meaning he will have been in the role for just 5 months. "Obviously we are sorry to see Cliff Brand leave, but fully understand his reasons for doing so ...
Ship Routing Services Firm Appoints New Director
Feb 5, 2013 ... there is a need to look at how AWT's ship routing services, fleet management system and BVS onboard product are best utilized on ships and by shore-based operations teams. "Haydn's ...
EC Calls for LNG Bunkering Across Europe
Jan 28, 2013 ... (CNG) fuelling stations for road vehicles. "Developing innovative and alternative fuels is an obvious way to make Europe's economy more resource efficient, to reduce our overdependence on oil ...
Two Singapore-Based Trafigura Oil Traders Resign
Jan 17, 2013 ... Singapore-based fuel oil traders have resigned from Dutch commodity traders Trafigura Beheer BV, sources have told Bloomberg. According to the report, four people with knowledge of the ...
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US Again Extends Deadline for Lukoil Foreign Asset Sale to May 1

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Among the international assets of interest to the bunker industry is Lukoil Bulgaria, a key supplier of marine fuels in the Black Sea region.

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Oil Plummets On Signs U.S./Iran War May Soon End, But Global Crunch Will Worsen: IEA

Oil Plummets On Signs U.S./Iran War May Soon End, But Global Crunch Will Worsen: IEA

Birol warns that the real crunch will begin this month.

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