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Jul
June, 2020
Date Headline Image
Wed03Jun
Shipowners may be faced with a rapid jump in their expenses if they have no hedging in place to soften the impact of market volatility.
FEATURE: Bunker Market Advised to Hedge as Prices Start to Rally
Wed03Jun
Aims to be carbon neutral by 2050.
CMA CGM: 10% of Our Bunker Consumption Will be Alternative Fuels by 2023
Wed03Jun
Lower demand at some smaller ports has prompted them to lower their offers relative to the hubs.
Brokerage NSI Highlights VLSFO Discounts at Smaller Ports
Wed03Jun
The company has already reached the IMO 2030 target of cutting its carbon emissions per transport work by at least 40% from 2008's levels.
Ferry Company Stena Line Reports Carbon Cuts Ten Years Ahead of Schedule
Wed03Jun
The idle fleet reached 551 ships by May 25, covering 2.72 million TEU of capacity.
Idle Boxship Capacity Reaches Record High: Alphaliner
Tue02Jun
Anticipation is also keen about OPEC extending its cuts.
Oil Up Again As Demand Climbs And U.S. Shale Producers Reverse Cuts
Tue02Jun
Qatar Petroleum's new shipbuilding deal could see it using boil-off LNG as bunker fuel as late as 2062.
Qatar Petroleum Bets on LNG Bunkers Lasting to 2060 in Massive Shipbuilding Plan
Tue02Jun
The terminal has 60 commercial storage tanks with total capacity of 14 million barrels, and can accommodate fully-laden VLCCs.
Vitol to Operate Bunker Business at GTI Statia Terminal in Caribbean
Tue02Jun
The eight storage tanks at the terminal have a total capacity of 42,000 m3.
Bunker One Announces Scandinavian Expansion Plans as Unioil Takes on Skaw Terminal Operations
Tue02Jun
The price advanced by $25.50/mt in May, its first monthly gain since December, with early signs of shipping activity increasing again as COVID-19 lockdown measures are eased.
Singapore VLSFO Price Jumps to 10-Week High
Tue02Jun
The event, being held online at 10 AM London time on June 18, will be titled 'Bunkers in the current shipping market: Shipping dynamics and its impact on the bunker space'.
Integr8 to Host Webinar on VLSFO Procurement and Storage
Tue02Jun
Sovcomflot's LNG carrier the Christophe de Margerie was able to complete its passage through the route by the end of May this year, when ice conditions normally prevent passages by vessels of its size before July.
Sovcomflot Sees Northern Sea Route Open Two Months Early
Mon01Jun
Meanwhile, demand recovery is exemplified by tanker lineup in Chinese waters.
Crude Stable As Optimism Builds Over OPEC Output Compromise
Mon01Jun
"The corona crisis impact has yet to see its full power."
Bunker Holding's Zederkof Warns of Coronavirus Impact on Bunker Credit
Mon01Jun
As of June 1 Monjasa accepted "an attractive offer" from Unioil to operate the facility.
Monjasa Hands Over Operation of Skaw Oil Terminal to Unioil
Mon01Jun
CANDEN will join the company as Glander International Bunkering (Montreal) Ltd, the ninth office in Glander's global network.
Canadian Fuel Supplier CANDEN Marine Fuel Services Joins Glander
Mon01Jun
GP Global launched a new bunker supply operation in Jebel Ali earlier this year. The company had also applied for a bunker supply licence in Singapore, but it was not awarded one alongside Minerva Bunkering and TFG Marine in April.
GP Global Adds Traders in UAE and Singapore
Mon01Jun
Construction of the ship is due to be completed in the fourth quarter of this year.
Singapore's First LNG Bunker Barge Launches in China
Mon01Jun
Tatneft can produce up to 750,000 mt/year of the product from its complex.
Russian Oil Company Tatneft Launches VLSFO Production