EMEA News

GPS Bunkers Sees Race to the Bottom on Prices Harming Fujairah's Status in Recent Years

Smaller operations that do not always stay the course are sometimes outperforming their larger competitors in Fujairah, according to local supplier GPS Bunkers.

11 Sep 2020

Swedish Companies Announce Wind-Powered Car Carrier Design

The design will be ready for orders next year, and the project aims for a launch date in 2024.

11 Sep 2020

Turkish Sources See Bunker Market Recovering in 2-3 Years

Mustafa Muhtaroğlu, CEO of local supplier Energy Petrol, is due to talk about the Turkish market and the wider bunker industry at the IBIA Annual Convention 2020 in November.

11 Sep 2020

Bunker Supplier Peninsula Adds LR1 Tanker to Fleet

The Gibraltar-based firm has added the tanker Gladiator to support its operations in the Mediterranean.

10 Sep 2020

ExxonMobil to Start Selling Biofuel Bunkers at Rotterdam Later this Year

Exxon has completed a sea trial of its bio-fuel oil bunkered on board a Stena Bulk vessel at Rotterdam and used in normal commercial operations.

10 Sep 2020

UK Replaces Shipping Minister After Seven Months in Job

Robert Courts is taking over the role from Kelly Tolhurst.

8 Sep 2020

Saudi Arabia Cuts Official Crude Prices to Four-Month Low

The move is a sign of continued weakness in crude markets despite producer coalition OPEC easing its production cuts from the start of August.

7 Sep 2020

NORbunker Founder Increases Ownership After Hamburg Energy Trading Quits Bunkering

The purchase became effective at the end of July.

4 Sep 2020

Fujairah Bunker Demand Dropped to 400,000 MT in June

Sales at the UAE port halved between January and June, but rallied strongly in July, according to Glander International Bunkering.

4 Sep 2020

Danish Authorities Fine Two Deloitte Auditors Over OW Bunker Accounts

The Board of Auditors has fined the two Deloitte employees 100,000 Danish kroner ($16,000) each.

3 Sep 2020

GP Global Denies Closing All Desks as Restructuring Continues

All staff have been paid in full this month, according to a company source.

3 Sep 2020

Fujairah Fuel Oil Stocks Drop to Four-Month Low on Improved Bunker Demand

Heavy distillate and residue stockpiles at the port sank by 14% to 13.318 million barrels in the week to Monday.

3 Sep 2020

Scandlines Completes Bunker and Emissions Saving Rotor Sail Installation

Aboard its ferry MV Copenhagen.

31 Aug 2020

First Ship-to-Ship LNG Bunkering in Malmo

Natural gas supplier Gasum bunkered United European Car Carriers' ship the M/V Auto Energy at Malmo on Tuesday.

28 Aug 2020

Greek Port to Host Expanded LNG Terminal

With Bulgarian role in Alexandroupoli LNG project.

27 Aug 2020

Yara Marine Eyes Wider Ship Tech Role

By enlisting start up community input with accelerator programme.

27 Aug 2020

GP Global Asset Sale Rumours Downplayed

This week several sources have approached Ship & Bunker with the suggestion that large commodity trading companies are looking to buy part or all of GP.

27 Aug 2020

Maritime Decarbonisation Projects Take Root in Europe

Success enhanced by state-funding, survey of decarbonisation technologies finds.

27 Aug 2020

High-Sulfur Fuel Oil Prices Return to Pre-Crude Collapse Levels

While HSFO has rallied strongly, VLSFO prices remain significantly lower than their levels before the OPEC+ row hammered markets.

25 Aug 2020

Mauritius: Stricken Bulker Scuttled Under Direction of Local Authorities

Clean up operation continues.

25 Aug 2020