Ship & Bunker - World News

Carnival Lowers Its 2017 Bunker Price Forecast

3/30/2017 7:27:00 AM

http://s.shipandbunker.com/806F6B/sab/a/img/_sm_a88c232d24b80e9e0202eac2f6e90a0c.v.482.jpg" width="161" height="107" alt="" >

Carnival had previously forecasted bunker prices of $374 pmt, but this expectation has been lowered to $362 pmt in the group's Q1 2017 report.

Salvage Industry Not Ready for LNG-Fuelled Ship Casualty, Says Expert

3/30/2017 2:10:00 AM

http://s.shipandbunker.com/806F6B/sab/a/img/_sm_e6ccf3faec7e74e478cfb4432b842200.v.482.jpg" width="161" height="107" alt="" >

Sylvia Tervoort, Salvage Master at SMIT Salvage, says a LNG-fuelled ship could only be salvaged if it is dry and intact.

Arrested Suezmax Tanker Put up for Auction in Singapore

3/30/2017 2:05:00 AM

http://s.shipandbunker.com/806F6B/sab/a/img/_sm_d6262899d9f3c65147aedf102e5c206b.v.482.jpg" width="161" height="107" alt="" >

The 1997-built Ambassador was arrested on January 19, 2017 following action by Gurbani & Co LLC.

Less Than Anticipated Inventory Build Causes Market Surge - and New Fears of Looming Supply Crunch

3/30/2017 2:04:00 AM

http://s.shipandbunker.com/806F6B/sab/a/img/_sm_d6afe34881134d19842789dd7a5fe7d4.v.482.jpg" width="161" height="107" alt="" >

But Woodside still thinks the market will be range-bound for at least 18 months.

Recalcitrant OPEC Members Pitch in To Up Oil Production Curbs, But Nigerian Exports Set to Rise in May

3/30/2017 2:03:00 AM

http://s.shipandbunker.com/806F6B/sab/a/img/_sm_d3d85fd82e131ded12df0713d7720eb7.v.482.jpg" width="161" height="107" alt="" >

It also remains unclear whether the OPEC cutbacks will extend to the end of the year.

New Tech to Expedite Oil Spill Clean Up Tested in U.S.

3/29/2017 6:42:00 PM

http://s.shipandbunker.com/806F6B/sab/a/img/_sm_c6616cbd0f86ce8cd2821397fbfa320a.v.482.jpg" width="161" height="107" alt="" >

The tests are said to have demonstrated the technology's potential to "become an effective tool for minimising the environmental impact of future oil spills."

France Seeks Mediterranean ECA, Say Sources

3/29/2017 5:55:00 PM

http://s.shipandbunker.com/806F6B/sab/a/img/_sm_41288a9486f424412bf0c272af487af9.v.482.jpg" width="161" height="107" alt="" >

France is reported to have called for the creation of an ECA in the Mediterranean Sea at a European Council meeting earlier this month.

Baltic Dry Index Gains Almost 30% in 3 Weeks to Hit Highest Levels in Over Two Years

3/29/2017 5:01:00 PM

http://s.shipandbunker.com/806F6B/sab/a/img/_sm_89bd1f3e4f1069fc73e2272539a27b84.v.482.jpg" width="161" height="107" alt="" >

The Baltic Dry Index gained 51 points Tuesday to reach 1333, the highest the index has been since November 2014.

World Fuel Services Starts Bunker Supply at Texas Terminal

3/29/2017 4:27:00 PM

http://s.shipandbunker.com/806F6B/sab/a/img/_sm_d3e52abc16c2a742cf519ba9b753fdd5.v.482.jpg" width="161" height="107" alt="" >

WFS says its exclusive agreement to supply marine fuel at the Sunoco Logistics Nederland Terminal in Texas is now fully operational.

SEA\LNG Adds Another Three Members

3/29/2017 4:15:00 PM

http://s.shipandbunker.com/806F6B/sab/a/img/_sm_4c4c94f1b9f31803704abebd7bcf7240.v.482.jpg" width="161" height="107" alt="" >

JAX LNG, Petronet LNG, and Toyota Tsusho have become the newest members of the cross-industry coalition aimed at promoting LNG as marine fuel.