EMEA News

July, 2020
Date	Headline	Image
Fri10Jul	Force Majeure Ends on Libyan Crude Exports Force majeure at the key oil export port of Es Sider was lifted as of July 8.
Thu09Jul	Dan-Bunkering Sees 9.1% Drop in Pre-Tax Profit A decline in profit for Dan-Bunkering made it something of an outlier among Bunker Holding units last year.
Thu09Jul	Ferry Equipped With LNG Fuel Tanks Spanish company's vessels is fifth to switch to alternative bunker fuel.
Thu09Jul	'Well-to-Wake' Way Best to Decarbonise Shipping New report says shipping could learn from aviation's holistic approach.
Thu09Jul	Clean Products Tanker Faces Six-Month Ban From UAE for Illegal Bunkering The UAE authorities are initiating legal action against all parties involved in the bunker operation.
Wed08Jul	Gibraltar: Cruise Ships Make Bunkers-only Calls Government policy stipulates crew may not leave ship while berthed.
Wed08Jul	Ferry Operator Sees GHG Reduction Role for Alternative Fuels Future 'revolutionary' developments should aide full decarbonisation, executive says.
Wed08Jul	Integr8 Recommends Checking ARA Alternatives for HSFO Stems on Narrowing Discount The firm highlighted narrowing HSFO discounts in ARA versus Gibraltar and Las Palmas in particular over the past two months.
Tue07Jul	European Parliament Committee Proposes Ban on Ship Emissions at Berth by 2030 The vote is non-binding, and the measures will be voted on by the European Parliament in full on September 14.
Tue07Jul	Germany Waives Kiel Canal Traffic Dues on Low Bunker Prices The dues will remain suspended until the end of this year.

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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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