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Jun
May, 2020
Date Headline Image
Fri29May
But analysts warn that demand recovery will still be long and painful.
Record Monthly Gains For Crude As Demand Continues To Grow Worldwide
Fri29May
Integr8 is now allowing a lead time of around 8.5 days on average for VLSFO stems, down from 10 days at the start of the year but still much higher than the 5-6 days needed for high sulfur fuel oil (HSFO) in the past.
Less Advance Warning Needed for Spot Bunker Sales as VLSFO Availability Improves: Integr8
Fri29May
One of the bigger scrubber advocates prior to 2020 has managed to avoid much of the financial impact of narrowing fuel price spreads this year through hedging.
Star Bulk Sees Gains From Scrubber Spread Hedging
Fri29May
Rodgers has been appointed as a non-executive director.
Former Euronav CEO Paddy Rodgers Joins V.Group Board
Fri29May
Over the past two weeks the discount for very low sulfur fuel oil at Mumbai to Colombo's levels has widened by $21/mt, reaching $42/mt on Thursday, according to Ship & Bunker pricing.
Indian Bunker Suppliers Lower Prices to Take On Sri Lanka
Fri29May
The company plans to restart operations at a 'cautious' pace.
Viking Line to Start Resuming Passenger Services From Next Week
Fri29May
The contract will be for 10 mt lots with physical settlement, denominated in RMB.
Shanghai Exchange to Test VLSFO Futures Trading Next Month
Thu28May
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 21 – May 27, 2020.
Weekly Vessel Scrapping Report: 2020 Week 21
Thu28May
Chevron, other firms announce more layoffs.
Oil Rises, But Wreckage Caused By Government-Imposed Lockdowns Still A Major Hurdle
Thu28May
The IMO 2020 transition appears to have led to early profits for the newly-formed company.
New Bunker Supplier TFG Marine Made Estimated $4 Million Profit in Q1
Thu28May
Heavy distillate and residue stocks in Fujairah dropped by 9% to 15.001 million barrels in the week to Monday.
Fujairah Fuel Oil Stocks Lose 9% on Week
Thu28May
Total sales rose to 502,815 mt in the first quarter of 2020, up from 296,320 mt a year earlier.
Argentinian Bunker Sales Gained 70% in First Quarter
Thu28May
The company will aim to address how lubricants may need to change as the shipping industry shifts to lower-carbon fuels.
Additive Company Lubrizol Joins Getting to Zero Coalition
Thu28May
In January-April of this year sales were 6.6% higher than in the same period a year earlier.
SDE International Sees Singapore's 2020 Bunker Demand Holding Steady
Wed27May
Meanwhile, Morgan Stanley raises its Brent forecast.
Oil Down on Geopolitical Tension But Recovery From Virus Lockdowns Still Strong
Wed27May
In March and April this year, just 1.1% of the VLSFO samples tested by VPS had sulfur content above 0.50%.
VPS Reports Sharp Decline in Non-Compliant VLSFO Samples
Wed27May
NSI is seeking to expand its presence in the US market.
Brokerage NSI Hires US Managing Director
Wed27May
The company now has 23 Capesize vessels with scrubbers installed.
Shipping Company Golden Ocean Completes Scrubber Installation Programme
Wed27May
The premium for very low sulfur fuel oil (VLSFO) delivered in Singapore over local cargo prices gained $3.18/mt to $14.57/mt in the week to Friday.
Singapore Bunker Margins Post Small Rally on Signs of Increased Demand
Wed27May
The 30-meter system was added to the M/V Copenhagen at Rostock in just a few hours.
Ferry Company Scandilines Adds Rotor Sail System Overnight