EMEA News

Boost for Bunker Demand as Tankers Join Boxships in Taking Longer Routes

At least three VLCCs have embarked on journeys from Saudi Arabia to Northwest Europe taking the longer route around Africa rather than going through Suez over the past month.

7 May 2020

Container Line CMA CGM Continues to Waive Low Sulfur Surcharge

The company previously announced in April that it would not be applying the surcharge in May.

6 May 2020

Fujairah Fuel Oil Stocks Climb to Three-Week High

Heavy distillate and residue stocks at Fujairah jumped by 12% in the week to Monday to reach 12.621 million barrels.

6 May 2020

China State Shipbuilding Delivers World's Largest LNG Bunker Barge

China State Shipbuilding Corporation delivered the Gas Agility on April 30.

4 May 2020

Istanbul Bunker Market Shrinks by 20%: Source

Total bunker demand at the Turkish port has slipped to just under 200,000 mt/month so far this year, down from around 250,000 mt/month two years ago.

1 May 2020

Stena Bulk Completes Trial of 100% Biofuel Bunkers

The shipping company tested the fuel, provided by biofuel supplier GoodFuels and bunkered at Rotterdam, on board the Stena Immortal in a 10-day trial.

30 Apr 2020

Biofuels Now Take Up 11% of Rotterdam's Fuel Oil Sales

Outright bio-blend sales almost quadrupled on the quarter to about 210,000 cu m.

30 Apr 2020

Rotterdam Bunker Sales Gain 2.7% in First Quarter Despite Pandemic

Total sales climbed to 2.37 million cubic metres in the first quarter, up by 4.5% from the previous quarter and by 2.7% from the same period a year earlier.

30 Apr 2020

Suez Canal Temporarily Cuts Fees for Some Ships

The rebates will be applicable for journeys starting from May 1 to June 30.

30 Apr 2020

Integr8 Reminds Customers to Consider Smaller Ports for Attractive Bunker Prices

The company in particular pointed out the price advantage for very low sulfur fuel oil at Lisbon -- at a discount to Gibraltar's levels of $22/mt on Monday, according to Ship & Bunker pricing.

28 Apr 2020

Greek Start-up Backed by London Investment Firm

Athens-based Deepsea uses software to monitor fleet performance and suggest improvements such as greater efficiency and reduced emissions.

28 Apr 2020

European Bunker Premiums Narrow as Storage Runs Low

A sharp contango has formed in oil prices across the barrel since last month's crude collapse, leading to refined products storage around the world running out.

24 Apr 2020

DFDS Tightens Belt Amid Weaker Demand

Twelve ferries in lay up as pandemic movement restrictions reduce demand.

23 Apr 2020

Wartsila Sees Profit Halved

First quarter results record weaker profits on diminishing scrubber orders.

21 Apr 2020

Bunker Markets Lacklustre as Pandemic Squashes Demand

Falling oil prices and the prospect of better deals keeping buyers away.

20 Apr 2020

Scrubber Economics Under Pressure as Rotterdam HSFO Discount Narrows Below Key $50/MT Barrier

The HSFO-VLSFO spread at Rotterdam narrowed to a record low of $34/mt on Wednesday, around a tenth of its level at the end of 2019.

20 Apr 2020

Bulk Carrier Starts Biofuel Trial at Port of Rotterdam

Fuel producer GoodFuels bunkered the dry bulk carrier M/V Trudy with its 'Bio-fuel oil MR1-100' product at Rotterdam on Friday.

17 Apr 2020

Port of Rotterdam Throughput Loses 9.3% in First Quarter

Total throughput lost 9.3% from the same quarter of 2019 to 112.4 million mt.

16 Apr 2020

Armed Men Board Ship in Strait of Hormuz

The ship was boarded at 1:28 PM London time while at anchor close to Ras al Kuh in the south-east of Iran.

14 Apr 2020

GP Global Adds Bunker Supply Operation in Hamburg

The new operation will be led by Peter Beelenkamp, formerly of Trefoil International and SK Energy Europe.

14 Apr 2020