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Weekly Vessel Scrapping Report: 2016 Week 50
Dec 22, 2016 ... 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 ...
Unioil Supply Renews Bunker Supply Agreements
Dec 21, 2016 ... Unioil Supply A/S (Unioil) Tuesday announced that it has renewed its agreements to supply bunkers to the fishing and offshore industries in the Barents, Kara, and Norwegian Seas, Russian ...
Nature Energy Joins Partnership for Danish LNG Bunker Facility
Dec 16, 2016 ... Energy has announced that it has joined Bunker Holding Group (Bunker Holding), Kosan Crisplant A/S (Kosan Crisplant), and Port of Frederikshavn in the partnership known as Nordic ...
OPEC Deal Could Cut Glut in Half - but Critics Think It's "Unsustainable" and Will Benefit U.S.
Dec 13, 2016 ... bank argues that under this system, producers can appear to cut production while actually holding it steady by under-reporting refinery activity and tinkering with the mix of petroleum ...
DEPA and Attica to Study LNG Bunkers for Use in Attica's Fleet
Dec 9, 2016 ... of Superfast Ferries and Blue Star Ferries, to study the use of liquefied natural gas (LNG) bunkers by Attica vessels. Specifically, Depa says the two companies will conduct a joint study ...
Hamburg Süd to Be Acquired by Maersk Line
Dec 1, 2016 ... of 2017, following final agreement and regulatory approvals, says Maersk Line. As Ship & Bunker reported earlier this week, the deal is expected to fortify the Maersk Line's market ...
OPEC Cutback Deal Now Needs "Rescuing" At 11th Hour; Fear That Prices Will Plummet
Nov 30, 2016 ... as doomed to failure and indeed imploded when Saudi Arabia pulled out at the 11th hour due to Iran holding firm on its goal of regaining market share lost under economic sanctions. The situation ...
Oil in the $20s, Bunkers in the $100's Is the Price of Failure as the Countdown Begins for OPEC's Cutback Summit
Nov 28, 2016 ... – with oil plummeting to the $20s being one scenario. Such decline in price could put HFO bunkers in the low $100/mt range in the Primary ports, down from their current $288/mt, Ship & ...
OPEC Focusing Pre-Vienna Diplomacy on Iran, Russia - Which Is Holding Firm on a Production Freeze, Not Cut
Nov 28, 2016 ... Russia's unwavering stance could cause trouble at the November 30 summit. ...
Former Maersk Executive and TORM Chairman Flemming Ipsen Joins Monjasa
Nov 22, 2016 ... Europe, Monjasa announced that the company had established exclusive oil terminal operations and bunkering facilities in Portland Port, Tongue Anchorage, and set up an office in ...