Archive News

August, 2018
Date	Headline	Image
Wed15Aug	IMO2020: NORDEN Makes $54 million Commitment to Scrubbers Sees an estimated financial return of approximately 25% within 5 years.
Tue14Aug	IMO2020: Drewry Sees LSFO Premium at $87 in 2023, Falling From $300 in 2020 Quickly narrowing spread has implications for those considering scrubbers.
Tue14Aug	IMO2020: Another Tanker Owner Opts for Scrubbers, Eyes Competitive Advantage GULFNAV also adds bunker-saving tech to vessels.
Tue14Aug	Singapore: Is the 8% Drop in July's Bunker Sales Significant? Fall comes amid recent reports of fuel quality problems.
Tue14Aug	FOBAS Alert: High Aluminium + Silicon (Catfines) Levels in Fuels from Mina al Ahmadi, Kuwait Al+Si content at concentrations that may not readily reduce to acceptable levels.
Tue14Aug	ARA: ExxonMobil Claims Another MFM First Is now delivering its HDME hybrid fuel using the technology.
Mon13Aug	Another New Hire for Sing Fuels Krishnamachari Srinivasan joins as Director, Finance & Operations.
Mon13Aug	Crude Prices Soft as Uncertainty Rules: Analysts See $50/bbl Just as Likely as $100/bll Even news from minor players like Turkey are spooking traders.
Mon13Aug	Saudi Output Cuts and Strong U.S. Dollar Spells Calamity for Crude Prices: Analysts The outcome is described as an "almost unbearable burden" for the market.
Mon13Aug	World Fuel Services Subsidiary Takes Legal Action Against Bomin in Alleged Bad Bunker Incident WFS' wholly owned Costa Rican subsidiary Trans-Tec also names Singapore's TKK Shipping in a complaint that revolves around bunkers lifted in Panama.
Mon13Aug	INTERTANKO: Attempt to Link Bad Bunkers with IMO 2020 Enforcement Delay a "Deliberate Diversion" May well be a an attempt to keep any guilty party out of the spotlight, the tanker association says.
Mon13Aug	Alleged Bad Bunker Problem in Hong Kong: Sources A case involving "components not normally found in marine fuels" is under investigation.
Mon13Aug	Progressive Barge Line President Terry James Boffone Dies Aged 67 Boffone remembered as "a national leader in the maritime industry ."
Mon13Aug	Sharp Monthly Drop, but Singapore's Overall Bunker Sales for 2018 Stay in Step with 2017 [GRAPH] Sales edge up sequentially but make an 8% drop year-on-year.
Mon13Aug	Former Peninsula Man Will Bathurst Joins World Fuel Services New role as Vice President Credit & Risk commenced this month.
Mon13Aug	Hapag-Lloyd to Convert Box Ship to Burn LNG Bunkers Carrier has 17 "LNG Ready" vessels.
Fri10Aug	Sixth Straight Weekly Loss for Crude, But IEA Predicts "Very Challenging" Times Ahead Analysts can't shake the notion that a global supply crunch is inevitable.
Fri10Aug	IMO 2020: Hapag-Lloyd Makes Scrubber U-Turn Will test exhaust gas cleaning systems on two larger containerships.
Fri10Aug	Rotterdam: Storm Brewing Over Bow Jubail Bunker Spill Cleanup Costs Port puts clean-up figure at €80 million.
Fri10Aug	Another Balboa Bad Bunker Claim: Golden Eagle Shipping Seeks $555,000 After Main Engine Failure Second Panama faulty fuel claim to emerge this week.

Showing 81-100 of 151 articles from August, 2018

Sep 24

1Oilmar Owner Arrested in Azerbaijan

Oilmar's management is now in the process of taking over ownership of the company, CEO Yusif Mammadov said in a note to clients seen by Ship & Bunker.
Sep 23

2Bunker Holding Names Peder Møller as New CEO

Peder Møller will take over as CEO of the world's largest marine fuels firm on October 6, succeeding Keld R. Demant.
Sep 22

3EU Proposes Adding 118 Ships to Russian Sanctions List

The EU's new sanctions plan targets 118 ships and oil buyers in third countries, including China.
Sep 23

4Sing Fuels Hires Houston-Based Head of Americas From Oilmar

The new hire was previously a marine fuels trader for Oilmar in Houston from November 2023 to this month.
Sep 23

5X-Press Feeders Refuses to Pay $250 Million Ordered by Sri Lankan Court

In July, Sri Lanka's Supreme Court ordered a $1 billion payment over the 2021 X-Press Pearl disaster.

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