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Low $40s for Crude "Is The Right Place To Be," Says Analyst; But $90 is Where It's Heading, Says Another
Jun 19, 2017 ... and says the low $40s is where the market ought to be. Warren Gilman, chairman and CEO of CEF Holdings, told CNBC that, "I think the low $40s to the mid $40s is probably the right place for ...
Oil Down Again as Analyst Declares "The Market is in Trouble"
Jun 16, 2017 ... bust, and John Kilduff, founding partner of Again Capital, thinks that might result in the kingdom holding back exports into the U.S. in July. He told CNBC, "I think their next plan of attack is ...
Moving Away From Bunker Broking Makes Absolutely No Sense for Us, Says LQM CEO
Jun 16, 2017 ... its acquisition in 2015 by Bunker Holding Group, bunker brokerage LQM Petroleum Services, Inc. (LQM) has appointed a new CEO and started to diversify into bunker trading. The developments may ...
GIB Announces Internal Promotions at Singapore, Dubai, and Mumbai Offices
Jun 15, 2017 ... International Bunkering (GIB) today announced the internal promotion of three Bunker & Lubricant Traders in its Dubai, Mumbai, and Singapore offices, respectively. Martin Leø - said ...
Oil Sinks Almost 4% and Analyst Says $30 is Likely Unless OPEC Deepens its Cuts
Jun 15, 2017 ... would undermine the impact of supply cuts led by OPEC, "which partly aimed to force traders holding oil in storage to sell to reduce bloated inventories that have sapped global ...
Weekly Vessel Scrapping Report: 2017 Week 21
Jun 8, 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 ...
ECSA and ICS Call on China-EU Cooperation on Shipping Emissions
Jun 7, 2017 ... climate agreement for shipping at the International Maritime Organization (IMO)." As Ship & Bunker has reported, discussions on the IMO greenhouse gas (GHG) reduction strategy are set to take ...
Zederkof Heading "Strategically Very Essential" New Bunker Holding Venture Expected to Launch in 3Q 2017
Jun 7, 2017 ... Holding's Henrik Zederkof is heading a new venture for the Group expected to launch in 3Q 2017, Zederkof has confirmed to Ship & Bunker. "For competition reasons I cannot elaborate on ...
Rickmers Holding Filing for Insolvency
Jun 2, 2017 ... of the proposed restructuring concept is apparent," said Rickmers Holding. In April, Ship & Bunker reported that Rickmers Trust Management Pte. Ltd. (RMT), the trustee-manager of Rickmers ...
Bunker Spill Found in Denmark's Aalbaek Bay
May 30, 2017 ... cubic meters of oil were spilled in the waters of Aalbaek Bay Friday night during a bunkering operation involving the Danish-flagged tanker Aalborg and the Maltese-flagged container ship ...
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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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Oil Declines Again Amid Mixed Messages Of Health Of Crude Market

Oil Declines Again Amid Mixed Messages Of Health Of Crude Market

Meanwhile, India resumes buying crude from Russia despite U.S. criticisms.

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POSCO and Korea Southern Power Join Forces on LNG Bunkering from 2027

POSCO and Korea Southern Power Join Forces on LNG Bunkering from 2027

South Korea is moving to reduce its ships' reliance on overseas LNG bunkering by promoting local supply.

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