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Drewry: OOIL Acquisition Marks Conclusion of Merger and Acquisition Wave
Jul 11, 2017 ... the big wave of container M&A looks to have been concluded with this deal." As Ship & Bunker reported yesterday, the deal is set to see COSCO Shipping become the third largest box ...
COSCO Shipping Set to Acquire OOCL
Jul 10, 2017 ... (OOIL) denied reports that they were in negotiations for a take over of OOCL. As Ship & Bunker reported in January, Alphaliner has said that OOCL has long been seen as "a prize catch" ...
IMO Announces New Addition to Low Carbon Shipping Alliance
Jul 7, 2017 ... the fourteenth company to join the newly formed Global Industry Alliance (GIA). As Ship & Bunker previously reported, GIA, a public-private partnership initiative, is intended to bring ...
Weekly Vessel Scrapping Report: 2017 Week 25
Jul 6, 2017 ... a credit manager, the last thing you want to discover when chasing an invoice is the vessel you bunkered 4 weeks ago has just been sold for scrap. And today, the risk of that happening is greater ...
LMS to Operate the First Double Hull Bunker Barge in Sri Lanka
Jul 5, 2017 ... Marine Services (Pvt) Ltd (LMS) today announced it has expanded its fleet of bunker barges by purchasing its latest bunker barge MT Lanka Marine Mahaweli, which arrived in Sri Lanka in May ...
New Hambantota Port Management Agreement "Virtually Finalised"
Jul 4, 2017 ... conflicting statements which confused even the people with whom we were talking." As Ship & Bunker reported in January, following fierce public debate, Malik Samarawickrama, Sri Lanka's ...
Bunker Holding Reports "Substantially" Increased Market Share, Growing Bunker Volumes, but Tough Conditions Hit Profits
Jul 3, 2017 ... Holding today reported growing bunker volumes and a "substantially" increased market share during its 2016/17 financial year, but tough market conditions and increased competition took a ...
Crude Heading for Biggest Drop in 20 Years as Traders Reject OPEC Cutback Effectiveness
Jun 22, 2017 ... believes the market is behaving precisely as it should: Warren Gilman, chairman and CEO of CEF Holdings, recently theorized that the low to mid $40s is the right place for crude to be, and he ...
Crude Falls to New 7-month Low as U.S. Rig Count Climbs Yet Again
Jun 20, 2017 ... and U.S. shale drilling is leveling off." Last week, Warren Gilman, chairman and CEO of CEF Holdings, theorized that the low to mid $40s is the right place for crude to be, and he argued that ...
Lanka Marine Services Launches Digital Bunkering Initiatives
Jun 19, 2017 ... Marine Services (Pvt) Limited (LMS) today announced the launch of several digital bunkering initiatives aimed at improving the customer experience when transacting with the Sri Lanka-based ...
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IMO Agrees on Interim Guidelines for the Use of Hydrogen as Marine Fuel

IMO Agrees on Interim Guidelines for the Use of Hydrogen as Marine Fuel

The interim guidelines were finalised during IMO's sub committee meeting earlier this month.

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Bunker Demand: Major Hubs Average 3.9% Gain Despite Tariffs

Bunker Demand: Major Hubs Average 3.9% Gain Despite Tariffs

US bunkering locations appear to be the hardest-hit so far by tariff tensions, according to the latest volumes survey from Ship & Bunker and 2050 Marine Energy.

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Panama Joins EU Push for Early Agreement on IMO Net-Zero Fund

Panama Joins EU Push for Early Agreement on IMO Net-Zero Fund

Panama joins 31 European countries and the European Commission in pressing for fund rules to be agreed by 2026.

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