August, 2018
Date Headline Image
The programme includes all vessels currently on order and the three LR2 vessels that were delivered earlier in 2018.
IMO2020: TORM to Install Scrubbers on 14 Vessels
Aegean Chairman Donald Moore calls it a "transformative transaction."
Aegean Completes $1bn Mercuria Finance Deal
Reports of "bad bunkers" have been one of the main talking points of the summer.
Bad Bunkers: Damage From Contaminated Fuel in Pictures
Bow Jubail spill highlights bunkers are the achilles heel of double-hull tankers.
How Do Major Spills Still Happen With Double Hull Tankers?
Sees an estimated financial return of approximately 25% within 5 years.
IMO2020: NORDEN Makes $54 million Commitment to Scrubbers
Quickly narrowing spread has implications for those considering scrubbers.
IMO2020: Drewry Sees LSFO Premium at $87 in 2023, Falling From $300 in 2020
Even news from minor players like Turkey are spooking traders.
Crude Prices Soft as Uncertainty Rules: Analysts See $50/bbl Just as Likely as $100/bll
The outcome is described as an "almost unbearable burden" for the market.
Saudi Output Cuts and Strong U.S. Dollar Spells Calamity for Crude Prices: Analysts
WFS' wholly owned Costa Rican subsidiary Trans-Tec also names Singapore's TKK Shipping in a complaint that revolves around bunkers lifted in Panama.
World Fuel Services Subsidiary Takes Legal Action Against Bomin in Alleged Bad Bunker Incident
May well be a an attempt to keep any guilty party out of the spotlight, the tanker association says.
INTERTANKO: Attempt to Link Bad Bunkers with IMO 2020 Enforcement Delay a "Deliberate Diversion"