EMEA News

July, 2020
Date	Headline	Image
Tue21Jul	Monthly Rise in Bunker Supply Across Dutch Ports Volume shifting from other ports most likely explanation.
Mon20Jul	EU Awards €500,000 for Hydrogen Bunker Project RH2INE partnership wants at least ten hydrogen-powered vessels, 3 bunkering stations on the Rotterdam to Cologne right route by 2024.
Mon20Jul	GP Global's UAE Storage Terminals Operating Normally Company tweet seeks to crush damaging rumours.
Mon20Jul	Market Rumours Provoke Angry Response From GP Global Vested interests do not wish us to succeed, company statement says.
Fri17Jul	Hull Vane Sees 24% Fuel Consumption Saving From Small Passenger Vessel Retrofit The company recently installed a bulbous bow and one of its fuel-saving fixed foils to a ship in Switzerland.
Thu16Jul	Sniffer Drone Monitors Ships' Sulfur Emissions in Denmark The deployment started on July 6, and follows similar deployments in the country in 2018 and 2019.
Wed15Jul	Dubai Increases Bunker Barge Fleet Dubai now has 12 barges licensed for bunkering across the emirate's waters.
Mon13Jul	Box Shipping Company Meets 2030 CO2 Target Efficiency drive by Danaos gives CO2 reduction of 41% in 2019 compared to 2008.
Mon13Jul	Gard Warns of Turkish Vessel Detention for Undeclared Bunkers The authorities required the ship to discharge the excess fuel oil.
Fri10Jul	Second Battery-Powered Passenger Ship for The Fjords The company has taken delivery of its new ship the Legacy of the Fjords, built by Norwegian shipyard Brødrene Aa.

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06Aug

1BNP Paribas Pulls Trade Financing on Exposure to GP Global, Others: Reports

Is the second major player this week to pull back on its trade financing.
05Aug

2GP Global Appoints 'Chief Restructuring Officer' After Alleged Fraud

GP has also brought in UK-based financial restructuring firm Quantuma to assist with its restructuring.
30Jul

3GP Global Uncovers Employee Fraud in UAE

GP employees in the UAE are alleged to have taken advantage of working from home to manipulate trading records and defraud the company and its customers.
04Aug

4IMO Releases its Fourth GHG Study: Here Are 4 Key Findings

Domestic shipping emissions drastically underestimated; operational measures should be used to reduce emissions; prepare for regulations "loophole" on methane, Black Carbon to be closed.
03Aug

5KPI OceanConnect: KPI Bridge Oil Completes Merger With OceanConnect Marine

The deal was first announced in February, and has now received regulatory approval.
05Aug

6Bunker Jobs: Oldendorff Seeks Bunker Manager in Hamburg

The company is seeking candidates with 1-4 years of experience in a similar role.
04Aug

7Scrubber Manufacturer Yara Shifts Focus After Tech's Business Case "Substantially Weakened" by COVID-19, Oil Price Drop

"We had high hopes for the scrubber market in 2020, but Covid-19 changed all that," says Yara's Shyam Thapa.
05Aug

8IMO Warns of 'Devastating Consequences' of Beirut Port Explosion

The explosion destroyed most of Beirut's port facilities as well as causing widespread destruction around the city and killing at least 100 people.
05Aug

9Fuel Demand Drives Evolution in Lubricant Testing

Lubricant additive packages may be the key to solving some of the problems associated with VLSFO, according to Lubrizol.
30Jul

10Weekly Vessel Scrapping Report: 2020 Week 30

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 23 – July 29, 2020.

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