Home ShipmanagementBunkering The Bunkerspot Update 04 Jan. 2016

The Bunkerspot Update 04 Jan. 2016

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Bunkerspot Noon Report 04JAN2016

GLOBAL: Low bunker prices to remain in 2017, report predicts ASIA PACIFIC: Report highly critical of OW’s Singapore operations
‘The general market sentiment at the moment seems to be that oil prices stay under pressure for at least the first half of 2016 when additional Iranian barrels are forecast to enter the market, ‘ says Poten & Partners. Read more
In Dynamic Oil Trading’s dealings with Petrotec and Tankoil, there were ‘comprehensive, repeated and continuing serious breaches of the credit policy established by the Board, ‘ says ad hoc trustee. Read more
ASIA PACIFIC: New agreement struck on Malaysian bunkering operations AMERICAS: NuStar Energy and ConocoPhillips load first US crude export cargo
Seletan Bunker and Tumpuan Megah Development will collaborate on developing bunkering services in Pasir Gudang, Johor. Read more Following the relaxation of restrictions on the export of US crude oil, the companies have loaded cargo for export to trading house Vitol. Read more
GLOBAL: OW Bunker IPO prospectus contained ‘material misstatements’ GLOBAL: New cyber security guidelines for ships
The document both omitted relevant details and featured incorrect and deceptive information in a number of areas, says author of new report. Read more
Shipping organisations launch guidelines to help the maritime industry prevent safety, environmental and commercial issues that could result from a cyber attack onboard a vessel. Read more
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