World News

May, 2019
Date	Headline	Image
Thu02May	Crude Prices Plummet on Oversupply Fears as Russia, Trump Set the Stage for More Output But these events could inspire OPEC to retaliate, says analyst.
Wed01May	IMO2020: Shipowner/Operators Responding to Bunker Stability Concerns By taking a greater interest in onboard fuel compatibility testing systems.
Wed01May	Ship Speed Limits Very Positive for the Environment and for Business: Euronav Idea is gaining momentum, but it will take time to implement, says CEO Hugo De Stoop.
Wed01May	IMO2020: Euronav Testing 0.50%S, but Still Open to Using Scrubbers No decisions before 2020 though.

April, 2019
Date	Headline	Image
Tue30Apr	Crude Gains on Venezuela Violence Amid Expectations of OPEC Cutback Extension But one analyst predicts calamity if Libyan exports dry up.
Tue30Apr	107 Shipping CEOs Call for Mandatory Bunker Saving Speed Limits "as Soon as Possible" But box shipping heavyweights are not onboard.
Mon29Apr	Crude Trades Flat, But Trump Effect May Lead to Lower Prices Eurasia Group raises the chance of embattled Iran negotiating with the U.S.
Fri26Apr	Trump Bluster Causes Crude Prices to Tumble Meanwhile, a respected consultancy believes the bull rally is nearing an end.
Fri26Apr	WFS: Bunker Volumes Down, Marine Profitability Up Again But expects that volumes have now bottomed out after two years of exiting "certain low margin business activities in Asia."
Fri26Apr	Bunker Holding Signs New $1bn Credit Facility Ahead of IMO2020 The three-year credit facility includes a funding capacity framework of up to USD 2.5bn

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20May

1South Africa: Bunkering Opportunities Emerge

As energy companies contemplate drilling offsore Western Cape.
20May

2Ship Arrested in Singapore

Offshore supply vessel detained in southeast Asian port last week.
13May

3IMO2020: Trafigura Sees Industry Facing the 350 / 350 Problem

But its dislocations at the local, port-by-port level that creates the volatility, says Ben Luckock, co-head of oil trading.
15May

4IMO2020: The Unexpected Consequences of Legislation

If the bold move had been made for a strict 0.10% limit there would have been a number of benefits.
16May

5Fuel Market Disruption One to Five Years: Study

Impact of 0.5% sulfur cap given timescales by US consulting group.
17May

6IMO2020: IMO Completes Enforcement Guidelines

Associated draft amendments to MARPOL Annex VI have also been approved.
13May

7IMO2020 Compatibility Problems Overstated, Tests by Bunker One Conclude

Supplier runs the numbers and concludes they will probably not be worse than what we already experience today in ECAs or worldwide in the past.
17May

821 Cruise Ships Set to be Powered by LNG Bunkers

But opinion on environmental positives clouded by mixed messages and divided opinion.
20May

9Fuel-burning US Northeast Power Plants May Face Price Rise

As shipping's sulfur rule pushes up low sulfur fuel oil values.
15May

10Bunker Barge Among Ships Hit in UAE Attacks

One of four ships hit in the unexplained attacks was a bunker barge, Ship and Bunker told.

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