Archive News

October, 2018
Date	Headline	Image
Mon15Oct	Box Operator to Switch to Floating Bunker Pricing Ahead of increased fuel bills from the start of 2020.
Mon15Oct	Russia: Big Three Dominate Fuel oil Export Market But declining output expected in years ahead.
Mon15Oct	New Group Advocating for Scrubbers Using "Actual Experience, Data & Science" Members are operating all over the world, including hundreds of ports, CSA2020 tells Ship & Bunker.
Mon15Oct	IMO 2020: Number of Vessels With Scrubbers Installed or Ordered Jumps to 1,850 Number will "easily" reach 2,500 by 2020, says DNV GL.
Mon15Oct	Corsica Collision Clean up Operation Successful Split fuel either removed or evaporated from sea.
Fri12Oct	Crude Drops 4% On the Week, More Losses Friday as IEA Drops Demand Forecast The agency also thinks global supply is healthy and could even go into oversupply in 2019.
Fri12Oct	Norway Orders More Drones to Enforce Sulfur Regs Move follows successful testing of drone technology over this past summer.
Thu11Oct	Weekly Vessel Scrapping Report: 2018 Week 41 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 4 – October 10, 2018.
Thu11Oct	Triple-Digit Oil Price Forecasters Silent As Crude Plummets Again, By 3 Percent However, Bank of America Merrill Lynch still sees Brent climbing to the $90s.
Thu11Oct	OPEC Ups September Production, Barkindo Declares Market Well Supplied But the secretary general is worried about spare oil capacity due to lack of investment.
Thu11Oct	IMO 2020: Bunker Buyers Need to Shift from Thinking Fuel Procurement to Fuel Management, Says ExxonMobil And it needs to be done on a per vessel basis, Luca Volta, ExxonMobil's Marine Fuels Venture Manager, tells Ship & Bunker.
Thu11Oct	Price of a Cruise Could Rise on Costlier Fuel Post-2020 Sulfur cap change are strong distillate demand likely to push up prices.
Thu11Oct	MGO Supply Squeezed by China's 0.5% Sulfur cap Yangtze Delta ECA has led to increased distillate demand.
Thu11Oct	Malay Authorities Hold Tanker for Illegal STS Operation Alleging marine gasoil was transferred without proper authority.
Thu11Oct	The Changing Nature of Benchmarking We move from a market where the products people want to buy are by and large readily available, to one where only those with a heavily detailed plan can be sure they can buy what they want.
Wed10Oct	Top Traders Highlight Oil Price Uncertainty with Trafigura and Others Forecasting Prices Anywhere from $65-$100/bbl BP says the market should expect "extreme volatility" for oil prices.
Wed10Oct	Oil Prices Dragged Down by Wall Street, Demand Concerns Hurricane Michael could cause a 1 million bpd drop in demand, say experts.
Wed10Oct	Bomin Dismisses Market Exit Rumour Gossip likely stems from a misinterpreted internal email circulating the market.
Wed10Oct	Star Bulk Scrubber Loan gets Green Stamp Confirms to Green Loan Principles, says company.
Wed10Oct	IMO2020: Bunker CEO Sees Higher Prices Presenting Credit Challenges Liquidity seen as being a challenge for some players once the sulfur cap is in force.