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Jun
May, 2020
Date Headline Image
Thu21May
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 15 – May 20, 2020.
Weekly Vessel Scrapping Report: 2020 Week 20
Thu21May
But management confident of bounce back from covid-19 negatives.
Quarterly Loss, Extended Voyage Suspension for RCL
Thu21May
China has applied a long-awaited rebate on value added tax on fuel oil from February this year, incentivising domestic refiners to produce VLSFO in large quantities.
Sinopec's Chinese Bunker Sales Head for 4.8 Million MT/Year
Thu21May
The first phase of the project will be to develop the world's first battery-powered tanker, the group said, for launch in March 2022.
Japanese Coalition Forms to Develop Battery-Powered Shipping
Thu21May
First quarter snapshot of demand for refined oil products show distillates losing the least.
Distillate Demand Down by 7% Over Year: IEA
Thu21May
In a report published this week, the Norwegian Shipowners' Association said its members will aim for a cut of 50% from 2008's levels in their GHG emissions per transport work by 2030, and will have a "climate neutral fleet" by 2050.
Norwegian Shipowners Seek to Halve Greenhouse Gas Emissions by 2030
Wed20May
However, worry persists over the degree to which the lockdowns have wrecked the economy.
Oil Continues Winning Streak As Demand Recovery Gains Momentum
Wed20May
With a privately owned, global organization.
Bunker Jobs: Sales Manager, Team Lead, Singapore
Wed20May
Pollution reversed by 17% during pandemic crisis, estimates suggest.
Covid-19 Takes Chunk out of Global CO2 Output
Wed20May
In response to Climate Bond Initiative consultation paper.
SEA/LNG Reiterates LNG Role in Curtailing Greenhouse Gas
Wed20May
Very low sulfur fuel oil prices at Fujairah gained $14.50/mt to $237.50/mt in the week to Monday, according to Ship & Bunker pricing.
Fujairah Fuel Oil Stocks Jump to Record High
Wed20May
Brightoil's founder Sit Kwong Lam was forced to step down in April 2019 after being declared bankrupt over the debt to Petrolimex.
Brightoil Reaches Settlement With Petrolimex Over $30 Million Debt
Wed20May
Strong freight rates and narrow fuel spread behind Frontline move.
Scrubber Deferrals Boost Bottom Line for Frontline
Tue19May
We hope this will add transparency to the Houston market, GCC Bunkers' Zach Stansbury tells Ship & Bunker.
GCC Switching to MTD Bunker Pricing
Tue19May
Trump says Washington will intervene if easements don't meet his expectations.
Lockdown Easements Boost Crude Prices, But Analysts Wary Of What Politicians Will Do Next
Tue19May
The IDEALFUEL consortium is being led by the Eindhoven University of Technology.
Low Cost Biofuel Bunker Project Launches with €5m EU Funding
Tue19May
Wärtsilä took an order earlier in the second quarter to supply the engine, gearbox and LNG storage, supply and control system.
Wärtsilä to Supply Engines for Japan's First LNG-Fuelled Ferries
Tue19May
In a survey of LQM's clients last week, two-thirds said they thought bunker prices would rise over the next 12 months, but only half said they used risk management strategies to mitigate this risk.
LQM Warns of Inadequate Hedging Against Bunker Price Rises
Tue19May
The company's network in the region now covers 27 ports in Greece, seven ports in Egypt and 20 ports in Turkey.
Gazpromneft Marine Lubricants Expands in Mediterranean
Tue19May
BP has chartered the MT Absolute I to supply bunkers in Fremantle, Kwinana and at local anchorages.
New Bunker Barge for BP in Australia