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Apr
March, 2021
Date Headline Image
Wed31Mar
Meanwhile, experts ponder possible outcomes of OPEC Thursday meeting.
Oil Declines On OPEC Demand Recovery Forecast, But Bullish Sentiment Still Prevails
Wed31Mar
The companies expect to save more than $23 million in annual costs after merging.
Tanker Company International Seaways to Merge With Diamond S Shipping
Wed31Mar
"We have earlier communicated that even when reopened, the blockage of the Suez Canal would have ripple effects on global supply chains for weeks to come."
Maersk Halts Spot Bookings on Suez Blockage Backlog
Wed31Mar
Heavy distillate and residue stocks at the port jumped by 16% on the week to 8.236 million barrels as of March 29.
Fujairah Bunker Market Recovers From Refinery Outage
Wed31Mar
The firm has signed a memorandum of understanding with renewable energy company Enviva to work on the project together.
MOL Seeks to Develop Wind-Powered Bulker
Wed31Mar
The company also noted problems in recovering money from its customers.
NewOcean Energy Posts Profit Warning on Bunker Margin Slump
Wed31Mar
The six 15,500 TEU ships will be delivered between the second half of 2023 and the middle of 2024.
Seaspan Orders Six 15,500 TEU Scrubber-Equipped Container Ships
Tue30Mar
Meanwhile, the Saudis are expected to maintain output cuts into June.
Oil Down On Unblocked Canal As Analysts Now Focus on Thursday OPEC Meeting
Tue30Mar
Bunker volumes were up by around 25% from their normal levels last week as the 20,000 TEU container ship Ever Given blocked the canal.
Suez Blockage Puts Djibouti in Spotlight as Bunkering Destination
Tue30Mar
The company sold 1.9 million mt of bunker fuel last year, down from 2.8 million mt in 2019.
Rosneft Saw 32% Collapse in Bunker Sales in 2020
Tue30Mar
Switch to eco ships will curtail carbon footprint.
Gunvor Outlines Energy Transition Goals
Tue30Mar
As diverted ships require more bunker fuel.
Suez Canal Blockage Could Lift Singapore Bunker Sales
Tue30Mar
Bunker supplier Oktan Energy's robust logistical operation has been crucial to project's success.
Poland: Swinoujscie-Szczecin Waterway Upgrade to Boost Regional Trade
Tue30Mar
The new hire had served at DFDS for almost eight years, most recently as head of direct procurement and previously senior manager for bunker procurement.
DS Norden Hires Head of Procurement From DFDS
Tue30Mar
The IMO's Energy Efficiency Existing Ship Index (EEXI) is likely to come into force in two years' time, setting efficiency targets for ships to drive greenhouse gas emissions cuts.
Lean Marine Offers Shaft Power Limitation Product For IMO EEXI Compliance
Tue30Mar
At present Addax is supplying VLSFO and DMA MGO at the Nouadhibou anchorage, and the company will consider extending its operation to cover Nouakchott as well.
Addax Energy Launches Mauritania Physical Supply Operation
Tue30Mar
A Kyushu Electric Power subsidiary will supply about 50 mt/day of LNG to two LNG-fuelled ferries operated by MOL Group company Ferry Sunflower Limited.
Kyushu Electric Power to Bunker Japan's First LNG-Fuelled Ferries
Tue30Mar
Tokyo's port bureau plans to waive fees as of April 1 for LNG-fuelled ships and LNG bunker barges as well as ships fuelled by hydrogen and hydrogen fuel cells.
Japan Waives Port Fees for LNG- and Hydrogen-Fuelled Ships
Mon29Mar
Meanwhile, Kemp says hedge fund managers are "bullish" on oil.
OPEC Assurance Boosts Oil Prices, While Airport Traffic Heralds Demand Recovery
Mon29Mar
BP and Sinopec announced their joint venture, primarily based on the Singapore and wider Asian market, in 2015.
BP Sinopec Marketing Hire May Signal European Expansion