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US Court Tells Bunker Suppliers They Cannot Arrest Hanjin's Owned or Chartered Vessels
Sep 19, 2016 ... looking to recover outstanding bunker costs from bankrupt carrier Hanjin have been told by the New Jersey Bankruptcy Court they can not arrest any more of its vessels. Notably, the ...
Despite Low Bunker Prices, Hanjin Collapse, Box Shippers to Stick with Slow Steaming
Sep 19, 2016 ... a seasonal increase in demand, the removal of tonnage resulting from the recent collapse of Hanjin Shipping Co. Ltd (Hanjin), and a demolition spree, persistent supply overhang and low freight ...
Oil Slumps To Multi Week Lows, Norway Says Don't Expect $60 Crude Until 2019
Sep 16, 2016 ... low of $42.74. Altogether this week, Brent and WTI fell 5 and 6 percent respectively. Jim Ritterbusch, president of Ritterbusch & Associates, said, "Crude futures are taking on an ...
OPEC Members Not Comfortable With Current Oil Prices: Analyst
Sep 16, 2016 ... demonstrate that anything is possible in the analytical world, and they come on the heels of Jim Tisch, president and CEO of Loews Corp, stating that oil over the next two years will climb to ...
Weekly Vessel Scrapping Report: 2016 Week 36
Sep 15, 2016 ... Treuhand KG     09-09-2016     Jing Po He     PANAMAX CONT     25-09-1997     China Cosco ...
Underinvestment Will Push Oil Prices as High as $80 in 2 Years: Tisch
Sep 15, 2016 ... falling well short of meeting demand when the glut diminishes. Speaking on Bloomberg television, Jim Tisch, president and CEO of Loews Corp, said he thinks oil over the next two years will climb ...
IBIA Finalises SOP for Surveyors in Singapore to Harmonise Approach to MFMs
Sep 7, 2016 ... with IBIA (Asia) Regional Manager Simon Neo, Douglas Raitt of Lloyd’s Register FOBAS, Darajit Daud of SGS and Michael Green of Intertek ShipCare produced a first draft which was presented ...
LR Collaborates with HHI and HMD on Ship-to-Ship LNG Bunkering Study
Sep 6, 2016 ... is still an influential factor in determining the profitability of a LNG-fuelled vessel," said Jin-Tae Lee, LR’s Korea Chief Representative and Marine Manager. "Stakeholders need to have a ...
Gothenburg Hails "Historic" First LNG Bunkering
Sep 2, 2016 ... We have now managed to achieve our ambition and we are extremely pleased with the outcome," said Jill Söderwall, Vice President and head of commercial operations at the Energy Port in ...
Too Big To Fail: Hanjin's Impact On Bunkering – Immediate Exposure Could Exceed $100M
Sep 2, 2016 ... the impact of its collapse on the wider market.  This week, the industry saw the demise of Hanjin Shipping, the seventh largest container carrier in the world and the sister company of Korea's ...