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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 ...
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 ...
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IBIA Warns of Risk of Overstating Middle East Supply Problems

IBIA Warns of Risk of Overstating Middle East Supply Problems

IBIA may intervene to warn against panic buying if concerns over supply disruption become too overblown, its outgoing and incoming chairmen tell Ship & Bunker.

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VPS Finds Elevated Shale Oil Components in Singapore VLSFO

VPS Finds Elevated Shale Oil Components in Singapore VLSFO

VPS says that no operational issues have been reported from vessels using these fuels so far.

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US Again Extends Deadline for Lukoil Foreign Asset Sale to May 1

US Again Extends Deadline for Lukoil Foreign Asset Sale to May 1

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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