Vermont UM Bunkering executives charged with fraud in excess of $8 millionDirectors Poh Fu Tek, Koh Seng Lee and former bunker manager Lee Kok Leong short-supplied customers.
Regulations, technology set to bring sea change in global bunker industry"Bunker players will mostly embrace the ethical challenge to comply with the 2020 rule," Murphy said.
US bunker prices fall from multi-year highs following large fuel oil stock buildMost US Atlantic Coast and US Gulf Coast IFO 380 CST prices slid further Wednesday, following data released by the Energy Information Administration.
ExxonMobil likely to give guidance on its 0.5% sulfur compliant marine fuels in 2018While new 0.5%-S compliant fuels will emerge, they will not be anything like the fuels today, White said.
IEA expects no IMO cap on shipping's carbon emissions by 2040"The cap on sulfur dioxide emissions from ships is not matched by any firm policies or regulations to reduce other greenhouse gas emissions."