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05-11-2014

Port of Dunkirk Announces Partners for LNG Bunkering Project

The port will be the first ECA port to offer efficient LNG bunkering.  The Fr
05-11-2014

Port of Antwerp Releases RFP for LNG Bunker Station Operator

Currently, only truck-to-ship bunkering is available at Antwerp “ fixed statio
05-11-2014

Update 2: OW Bunker Shares on Matching Halt, Market Awaits "Significant Announcement"

OW Bunker was first listed on the on the Nasdaq OMX Copenhagen in March Upda
05-11-2014

OW Bunker Hit By $125 million Fraud at Singapore Subsidiary, $150 million Mark to Market Loss

Risk Management and EVP Jane Dahl Christensen dismissed as a consequence of the risk management loss.
05-11-2014

Oil Bounces Back

Oil markets reversed the slide for at least one day as the build in U.S. inventories was much less than expected. Analysts were anticipating a gain of more than 2 million barrels but bolstered refinery utilization rates capped the increase at under 500K. Election Day has renewed energy in the Keystone pipeline debate as a swing in the Senate majority may favor a shift in energy policy. Meanwhile, an attack on the western oil fields in Libya hampered the coun
05-11-2014

Navigator Orders New Fuel-Efficient LPG Carriers

Navigator is expecting delivery of 13 newbuild ships by March 2017 Navigator
05-11-2014

Cape Verde's ENACOL Installs MFMs on its Bunkering Vessels to Increase Transparency, Reliability

ENACOL has fitted MFMs on its bunkering vessels Baia and Dragoeiro Cape Verde
05-11-2014

CMA CGM Lowers Fuel Costs Through Ship Retrofits

The new bows also cut down on emissions.  French carrier CMA CGM is in the pr
04-11-2014

WTI Hits 3 Year Low

Oil prices continued their precipitous price decline today as WTI reached a three year low.\u00a0 There is now talk of market share wars between the various members of OPEC and other non-member countries.\u00a0 This should signal that prices have not reached the bottom yet.\u00a0 While this decline may continue to take time, it is reasonable for prices to move to territory we have not seen since shortly after the financial crisis of 2008.\u00a0 These are f
04-11-2014

MAN Diesel & Turbo to Supply Dual-Fuel Engines for World's First LNG Powered Car Carriers

The engines combine gas injection with slow steaming MAN Diesel and Turbo (MA
04-11-2014

Port of Tallinn Orders Four LNG Ferries

The port's operator said that the ships will continue to run on diesel until LNG infrastructure is in place. 
04-11-2014

Sohar Welcomes Welcomes Move to Bring GAC Hull Cleaning Robots to the Port

HullWiper is quicker and cleaner than using divers Andre Toet, CEO at Sohar P
04-11-2014

Kirby Reports Record Results Despite Lower Bunkering Revenues

Kirby said a customer change had hit its Florida bunkering operation Kirby Co
04-11-2014

Canadian Shipowner Gets Scrubber Systems Approval

The system will be installed on eight Equinox-class ships.  Canadian shipowne
04-11-2014

Rolls-Royce Singapore Says Government Should Help Break LNG Bunkering "Chicken and Egg" Conundrum

Plans are said to be underway for LNG bunkering at Singapore Rolls-Royce Sing
04-11-2014

Malaysian Bunker Player Expands Operations, Eyes 150% Growth

TMD began bunkering operations at Kemaman Port in 2010 Malaysian bunker playe
03-11-2014

Crude Prices Hit a New Two Year Low

Saudi Arabia announced that it would be cutting its selling price for oil sending crude prices to a new two year low late in the trading session. Some are anticipating a global price war to ensue but others believe the Saudi's are just trying to protect their market share. What is clear is that the market remains well supplied. Keep an eye on weekly U.S. inventory figures and U.S. employment data coming out later this week. Bunker buyers should consider pu
03-11-2014

LNG Supply Tight Until 2016

New LNG projects in the U.S. Australia, Russia and possibly East Africa are expected to stabilize LNG supply after 2016. 
03-11-2014

Surcharges Drop as Oil Prices Fall

Motsick said CMA CGM and OOCL recently reduced their fuel surcharges As fuel
03-11-2014

Gunvor Looks to Exit Russian Assets Following co-Founder Sanctions

The Nevskaya pipeline is among assets up for sale Oil trader Gunvor Group Ltd
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