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January, 2020
Date Headline Image
Fri17Jan
CMC Markets believes crude's upside will be limited this year.
Crude Down on Weak China Data, Optimism For Healthy 2020 Replaced by Doubt
Fri17Jan
Suppliers have been purchasing debunkered HSFO from shipowners at a discount to resell it to others with scrubbers equipped to their vessels.
Shipowners Debunkering HSFO in Hong Kong Ahead of Carriage Ban: Platts
Fri17Jan
Despite earlier fears, widespread problems with new 0.50% sulfur VLSFO fuels have so far failed to materialize.
The Switch to IMO 2020 Bunker Fuels: So Far, So Good?
Fri17Jan
The company has hired Chris Brooks as senior bunker trader in Houston.
Sing Fuels Opens Houston Office
Fri17Jan
The facility will be commissioned in the first quarter of this year.
Cryostar and KC LNG Win Contract to Build Antwerp LNG Bunker Facility
Fri17Jan
Sanctions against Iran may be holding up refinery upgrades to increase low-sulfur fuel production, according to the Tehran Times.
Iranian Parliament Summons Oil Minister to Report on VLSFO Supply
Thu16Jan
Meanwhile, the IEA sees value in skyrocketing production.
Oil Up On Optimism Over Second Trade Deal, But Commodity Has An "Ultimate Cap", Says Citi
Thu16Jan
Costank (S) Pte Ltd no longer on MPA's official list of licensed suppliers.
Singapore Bunker Supplier Count Falls to 45
Thu16Jan
Credit issues related to IMO 2020 are set to be the biggest challenge this year.
FEATURE: Roaring 2020s Seem Uncertain Prospect for Bunker Industry After Turbulent 2019
Thu16Jan
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 9 – January 15, 2020.
Weekly Vessel Scrapping Report: 2020 Week 2
Thu16Jan
The company may also start buying crude from Russia, its chairman told Reuters.
Indian Oil to Produce More Than 1 Million mt of VLSFO in 2020: Reuters
Thu16Jan
The legislative body also welcomed shipping's inclusion in the EU's emissions trading scheme.
European Parliament Calls for "Urgent Investment" into Shipping Decarbonisation
Thu16Jan
The oil trader supports slow steaming regulations and carbon pricing for shipping to reduce emissions.
Trafigura Calls for Slow Steaming Regulations to Cut Shipping's GHG Emissions
Thu16Jan
MISC Berhad, Samsung Heavy Industries, Lloyd's Register and MAN Energy Solutions are collaborating on the project.
Joint Development Project Launched for Ammonia-Fuelled Tanker
Thu16Jan
Panama is likely to have seen the strongest demand growth of the major bunkering hubs in 2019.
Panama Sees 22% Gain in Bunker Sales in 2019
Wed15Jan
Some ships have been waiting at Singapore for as long as three weeks, according to the shipping intelligence service.
PIL Still Facing Singapore VLSFO Delays: Alphaliner
Wed15Jan
29 out of the 45 bunker suppliers registered in Singapore have VSLFO available, according to the MPA.
MPA Says Two Thirds of Singapore Bunker Suppliers Have VLSFO Available
Wed15Jan
But ships will still be allowed to burn high sulfur fuel oil until Egypt ratifies Marpol Annex VI.
Suez Canal Authority Clarifies Position on Open-Loop Scrubbers
Wed15Jan
Mike Kirk is set to remain at the company as its chairman.
Emulsion Bunker Producer Quadrise Appoints New CEO
Wed15Jan
Wessels Marine sets out the savings made by its container feeder vessel the MV Wes Amelie.
Wessels Marine Claims $3,000/day saving for LNG Versus MGO