July, 2020
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OPEC members cut their production by 1.93 million bl/day from the previous month to 22.69 million bl/day in June.
OPEC Oil Output Dropped to Least Since Gulf War in June
Saudi Arabia is especially bullish on a restoration of the energy sector.
Oil Gains On Larger Than Expected Drawdowns And Global Signs Of Economic Revival
Market chatter indicated the move came as a surprise to some in the bunker industry, after strong Q1 marine results.
Several Layoffs Reported at World Fuel Services
Moored ships not helping local air quality, letter to local paper says.
UK Coastal Residents Complain of Cruise Pollution
The company is seeking to expand its Norwegian operations.
Glander International Bunkering Appoints New Managing Director in Norway
As crew changes may not be possible along nominated route.
Charterparty Clause Covers Crew Change Ship Deviations
Selfinvest reported a record pre-tax profit of 1 billion Danish krone ($151 million) in the year to April 30.
Bunker Holding's Parent Company Expects Decline in Profits This Year
But commitment to scrubbers remains untouched.
DFDS Adjusts to 'New Normal' With Job Cuts
The shipment is the latest evidence of shipping companies' customers showing interest in pushing forward the decarbonisation of seaborne freight.
Volkswagen's First LNG-Fuelled Transatlantic Car Shipment to Arrive in Mexico
June, 2020
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However, analysts still worry that virus restrictions may affect demand recovery.
Crude Achieves Monthly Gains Despite Coronavirus Headlines At A Fever Pitch