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Shell Trims Operating Costs in Covid-19 Response
Shell Trims Operating Costs in Covid-19 Response
Company is "prepared to take further strategic decisions and consider changes to the overall financial framework as necessary".
23 Mar 2020
Wallenius Wilhelmsen Cancels Scrubber Installations to Cut Costs
Wallenius Wilhelmsen Cancels Scrubber Installations to Cut Costs
The company has withdrawn a proposal for a dividend to shareholders for 2019, and is planning to recycle four ships and place up to ten more in cold layup.
23 Mar 2020
LNG Bunker Supply Continues in Northwest Europe Despite Virus Outbreak
LNG Bunker Supply Continues in Northwest Europe Despite Virus Outbreak
"Currently there are no limitations on the loading of LNG from any of the terminals we load from," the company said in a statement on its website.
20 Mar 2020
US Treasury Sanctions Five Companies for Shipping Iranian Refined Products to the UAE
US Treasury Sanctions Five Companies for Shipping Iranian Refined Products to the UAE
The addition of these companies to the OFAC list will cut them off from companies that do business in or with the US.
19 Mar 2020
Too Early to see Shape of Covid-19 Bunker Demand
Too Early to see Shape of Covid-19 Bunker Demand
Which ships call for bunkers "is random", market sources say.
19 Mar 2020
DFDS Drops 2020 Outlook on Covid-19 Impact
DFDS Drops 2020 Outlook on Covid-19 Impact
No dividend pay out from April AGM.
19 Mar 2020
Monjasa Appoints New Managing Director in Europe
Monjasa Appoints New Managing Director in Europe
Chief Operating Officer Svend Stenberg Mølholt was previously covering the managing director's responsibilities on an interim basis.
19 Mar 2020
Dan-Bunkering Appoints New Managing Director in Monaco
Dan-Bunkering Appoints New Managing Director in Monaco
Dan-Bunkering currently has four members of staff in its Monaco office, and is looking to expand it.
19 Mar 2020
IMO Postpones More Meetings on Covid-19 Advance
IMO Postpones More Meetings on Covid-19 Advance
Meetings pushed back until the end of May.
18 Mar 2020
Unpredictable Bunker Market Leaves Traders at a Loss
Unpredictable Bunker Market Leaves Traders at a Loss
Asked for a single word to describe the market, players called it "uncertain" and "challenging".
18 Mar 2020
Fujairah Fuel Oil Stocks Gain 7% on Week
Fujairah Fuel Oil Stocks Gain 7% on Week
Heavy distillate and residue stocks climbed to 13.166 million barrels in the week to Monday.
18 Mar 2020
Posidonia Postponed
Posidonia Postponed
International shipping event will now take place in October.
17 Mar 2020
Socar Marine Targets Turkish Domestic Marine Fuel Sales
Socar Marine Targets Turkish Domestic Marine Fuel Sales
Company to start operating in domestic fuels market.
17 Mar 2020
GP Global Targets Sales of 240,000 MT/Year in New Jebel Ali Operation
GP Global Targets Sales of 240,000 MT/Year in New Jebel Ali Operation
The company is aiming for sales of 15,000-20,000 mt/month at the new operation.
17 Mar 2020
First IMO 2020 Carriage Ban Violation Reported in UAE Waters
First IMO 2020 Carriage Ban Violation Reported in UAE Waters
The IMO's carriage ban for non-compliant fuels came into effect at the start of March.
17 Mar 2020
S&B VIEWPOINT: 2020's Giant Boxship Orders Will be Key Test for LNG Bunkering
S&B VIEWPOINT: 2020's Giant Boxship Orders Will be Key Test for LNG Bunkering
Can LNG proponents persuade boxship owners to take on any more gas-fuelled ultra large container ships?
16 Mar 2020
Antwerp 'Fully Operational' Amid Covid-19 Measures
Antwerp 'Fully Operational' Amid Covid-19 Measures
Non-essential events at the port cancelled but port keeps working.
16 Mar 2020
Bunkering Continues at Italian Ports but Ship Calls are Fewer
Bunkering Continues at Italian Ports but Ship Calls are Fewer
With bunker barge crews working with protection against Covid-19 transmission.
16 Mar 2020
Italian Shipping Associations Warn of Negative Impact of Virus Measures
Italian Shipping Associations Warn of Negative Impact of Virus Measures
On Thursday Italian shipping associations Assarmatori and Confitarma wrote an open letter warning of the impact of the containment measures.
16 Mar 2020
Aviation Shutdown May Narrow VLSFO Crack Spreads
Aviation Shutdown May Narrow VLSFO Crack Spreads
VLSFO's premium to Brent at Rotterdam has already significantly narrowed this year, dropping from as much as $89.52/mt on December 31 to $41.85/mt by March 12.
16 Mar 2020
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