January, 2015
Date Headline Image
Fri23Jan
Euronav and Tankships are seeking U.S. listings, saying increasing charter rates signal a tanker market rebound.
Buoyant Market Sees Tanker Firms Eye $275M in U.S. Listings
Fri23Jan
Bunkering of MGO and MDO more than doubled in December as ships looked to bunker with lower sulfur fuels just before 2015 ECA rules came into force.
Rotterdam Distillate Sales Surge in December
Fri23Jan
Early price indications for the new product suggest ULSFO carries a discount of around $25 pmt compared to 0.10 percent sulfur MGO.
US Players Report Slow Uptake of 0.10% ULSFO Product
Thu22Jan
This sustained level of low fuel oil prices for shipping companies could continue to equal greater returns over a prolonged period of time.
Largest Build in WTI Crude Stocks in Over 14 Years
Thu22Jan
The energy major says it is reviewing its investment strategy in expectation of low prices .
BP: Low Oil Prices Could Last 3 Years
Thu22Jan
But some carriers say low bunker prices give them the opportunity to speed up to improve reliability.
Maersk Line: Moving Away From Slow-Steaming Would Require a Fundamental Change to the Network
Thu22Jan
"Floating storage remains a major focus in the tanker market," says analyst.
Surge in At-Sea Oil Storage as Traders Seek Arbitrage
Thu22Jan
The Bioneptan range of lubricants are classed as environmentally acceptable lubricants.
Total Lubmarine Bioneptan Products Receive Approval from Kemel
Thu22Jan
"OPEC is like the central bank for oil which must give stability to the oil prices to be able to invest in a regular way," says CEO.
ENI: Oil Price Could Hit $200 bbl in 5 Years if OPEC Fails to Act
Thu22Jan
Sales volumes rose 200,000 tonnes overall to 10.6 million tonnes, mirroring the rise in combined sales of diesel and MGO, while fuel oil volumes remained flat.
Rotterdam's 2014 Annual Bunker Sales Up on Increased Distillate Sales