December, 2018
Date Headline Image
Mon10Dec
Bunker Prices Unusually High Relative to Crude as HFO Discount to Brent Disappears
IFO380 in major ports Friday was $76/mt higher than expected based on historical norms.
 Bunker Prices Unusually High Relative to Crude as HFO Discount to Brent Disappears
Fri07Dec
OPEC+ Agrees Oil Cut Deal
Crude seen heading to $70/bbl in Q3 2019.
 OPEC+ Agrees Oil Cut Deal
Fri07Dec
Singapore, Malaysia Trade Fresh Blows in Port Limits Row
Singapore Transport Minister Khaw Boon Wan says Malaysia should "back off".
 Singapore, Malaysia Trade Fresh Blows in Port Limits Row
Fri07Dec
Rigid Sail Power Discussed in New Research Paper
Wind power gaining momentum for modern vessels.
 Rigid Sail Power Discussed in New Research Paper
Fri07Dec
Weekly Vessel Scrapping Report: 2018 Week 48
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 29 – December 5, 2018.
 Weekly Vessel Scrapping Report: 2018 Week 48
Thu06Dec
Oil Drops on Thursday as OPEC+ Fail to Agree Oil Cut Deal
Any cutbacks hinge upon what strategy Russia will decide to take.
 Oil Drops on Thursday as OPEC+ Fail to Agree Oil Cut Deal
Thu06Dec
Analysts See Weak Oil Demand in 2019, Peak in 2036
But even post-peak will require vigorous output, says KPMG
 Analysts See Weak Oil Demand in 2019, Peak in 2036
Thu06Dec
Gas Carrier Takes up LNG Bunker Tanker Options
Following May order, Stolt takes up two of three contract options.
 Gas Carrier Takes up LNG Bunker Tanker Options
Thu06Dec
Asian Box Line Adds Fuel Surcharge on Yangtze Delta Cargoes
In response to 0.5% sulfur rule in place in delta from next year.
 Asian Box Line Adds Fuel Surcharge on Yangtze Delta Cargoes
Thu06Dec
First Move in Hydrodgen-Powered Marine Engines
With unit design getting class approval-in-principle.
 First Move in Hydrodgen-Powered Marine Engines