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ExxonMobil Interview: Shipowners Say they Don't Need 0.50%S for IMO2020, They Need the Right 0.50%S
Apr 15, 2019 ... to stress the company's IMO 2020 quality assurance (and differentiation) efforts go beyond its oil products and extend to its services too. "We leverage technology to formulate the 0.50%S ...
Warnings from Libya and Upbeat Data from China Boost Crude Prices
Apr 12, 2019 ... straight rise for WTI. The perception of tightening was helped along by Libya, whose National Oil Corporation head warned on Friday that renewed fighting could wipe out crude production in the ...
LNG Advocates Release Much Anticipated GHG Study on Gas Bunkers
Apr 12, 2019 ... headline number: using LNG can provide lifecycle GHG savings of up to 21% compared with current oil-based bunkers. The study was conducted by consultants thinkstep and is the first ...
IMO 2020: By Hook or by Crook
Apr 11, 2019 ... questioned why regulators did not impose the sulphur limit at source- placing the obligation on oil companies and refineries, which would have required oil refiners to make large investments ...
IMO2020: 75% of Singapore's Bunker Suppliers to Continue Offering HSFO
Apr 10, 2019 ... on the supply plans for 49 of the 50 currently licensed bunker suppliers in the port. Brightoil, whose entire Singapore bunker tanker fleet remains under arrest after being detained last ...
Crude Gains on Libyan Strife as Analysts Warn of Potential Market Shock
Apr 8, 2019 ... military action in oil-rich Libya and other prospects pointing to a tightening market were the triggers for crude gains on Monday, and pundits warned that the Libyan situation could cause ...
Bomin: Our Bunker Business is "Full Steam Ahead" in the Americas
Apr 5, 2019 ... right team and the right customers," says Philip Chesson, President of Houston-based Bomin Bunker Oil Corp. After moving to a “four-hub” business model at the end of 2016, with bases in ...
Oil Prices Reach 2019 Highs as Sentiment, Not Fundamentals, Continues to Sway Investors
Apr 2, 2019 ... disruptions in Venezuela could contribute to a global crude market tightening was the impetus for oil prices on Tuesday to reach a 2019 high, with Brent up 41 cents to $69.50 per barrel (the ...
Low Lube Oil Pressure, Not Bad Bunkers, Caused Viking Sky LOP
Mar 29, 2019 ... loss of power (LOP) incident of cruise ship Viking Sky has determined it was caused by low lube oil pressure, Norwegian authorities have said. With memories of last year’s spate of “bad ...
Sentiment Once More Undercuts Reason as Crude Drops over 1 Percent
Mar 22, 2019 ... to extend the cartel's production cuts, in a bid to keep the market balanced. He added that oil should be trading "easily $5-$10 higher than we're seeing...the reason we're not is sentiment: ...
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AYK Energy Installs New Batteries on Svitzer Hybrid Tugs in Australia

AYK Energy Installs New Batteries on Svitzer Hybrid Tugs in Australia

AYK Energy says demand for its battery system has increased from segments including tugs, fishing vessels and even container ships.

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Ferry Firm Stena Line to Take Over Wasaline

Ferry Firm Stena Line to Take Over Wasaline

Wasaline recently switched its ferry to run on bio-LNG supplied from Gasum on the Baltic route.

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MSC First Carrier to Reach 7 Million TEUs, Controls 21% of Global Capacity

MSC First Carrier to Reach 7 Million TEUs, Controls 21% of Global Capacity

MSC now operates a fleet of 955 container ships, widening its capacity lead over Maersk by 2.4 million TEUs.

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