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Know Your Counter Party: KPI Bridge Oil
May 25, 2017 ... in the container markets necessitated the closure of the Valparaiso office and another merger as KTB Oil in South Korea was brought into the KPI Bridge Oil Group.  In 2016 KPI Bridge Oil also ...
Genoil Sees "Significant Interest" in Its 0.50% Sulfur Bunker Producing Hydroconversion Unit
May 16, 2017 ... and engineering capabilities necessary to fund and build the GHU. "The GHU is the low cost breakthrough that the industry needs today. Shipping continues to face significant financial and ...
NKT's New Bunker-Saving Cable-Laying Vessel to Utilise Shore Power
May 5, 2017 ... Group GmbH (NKT) Thursday announced that its new cable-laying vessel, NKT Victoria, not only features a bunker-saving design, but will utilise shore power. "NKT Victoria uses a ...
Andurand Forecasts Oil at $70 Later This Year, but Kilduff Maintains that the Low $40s is More Likely
Apr 4, 2017 ... this year. At a time in the 2017 market where most analysts have given up hoping for even a breakthrough beyond $60, Pierre Andurand, managing partner at Andurand, told CNBC that "I think oil ...
Non-OPEC Cutback Participant Russia Sees Oil at $40/bbl Heading into 2018
Mar 27, 2017 ... conservative and to be surprised on the upside than too optimistic and end up disappointed." Viktor Szabo, bond fund manager at Aberdeen Asset Management Plc., agreed that taking the ...
WE Tech to Provide Bunker-Saving Permanent Magnet Shaft Generators to Two Newbuild Tankers
Mar 14, 2017 ... constructed by the China State Shipbuilding Corporation (CSSC) Chengxi Shipyard for Sweden's Ektank AB (Ektank). WE Tech says it will begin equipment delivery to Hudong Heavy Machinery Co., ...
Lukoil: Growth Nets Company 10% of International Marine Lube Market
Dec 15, 2016 ... player and currently accounts for over 10 percent of the marine lubricant market," said Viktor Zhuravsky, Lukoil's CEO.  "In particular, the company grew significantly thanks to its ...
Bunkering Halted at Gibraltar on High Winds
Dec 7, 2016 ... rough sea conditions. "The easterly wind wind will increase at times overnight to mean 20 to 25 kts with occasional gusts 30 to 35 kts," noted the port authority. This is the second time in ...
Derecktor to Build Zero Emission Food Transportation Vessel
Dec 5, 2016 ... Derecktor Shipyards (Derecktor) has announced its newest hybrid vessel project, a battery-powered emission-free catamaran, will provide alternative form of transportation for organic ...
Saudi Said To Have Won Big On Cutback Agreement, But Skeptics Warn That Deal Has Yet To Be Honoured
Dec 1, 2016 ... consider the outcome of the Organization of the Petroleum Exporting Countries' (OPEC) surprise breakthrough in ratifying its oil cutback deal in Vienna, the biggest skeptic of them all says the ...