August, 2020
Date Headline Image
Wed26Aug
European Cruises Pencilled in but World Trips Postponed
Hard-hit cruise sector takes first steps back to becoming operational.
 European Cruises Pencilled in but World Trips Postponed
Wed26Aug
Hunter Tankers Takes Delivery of Final Scrubber-Fitted VLCC
The company took delivery of the Hunter Frigg on 21 August.
 Hunter Tankers Takes Delivery of Final Scrubber-Fitted VLCC
Wed26Aug
Alphatanker Sees 2021 Worldscale Flat Rates Drop by 20-25% on VLSFO Collapse
Worldscale flat rates are set annually and are used as the basis of some freight markets with trades being made at a differential to them.
 Alphatanker Sees 2021 Worldscale Flat Rates Drop by 20-25% on VLSFO Collapse
Tue25Aug
Sea-Intelligence Forecasts Q3 Container Freight Volumes Down Just 0.1% on Year
The consultancy forecasts third-quarter global container volumes as being down by just 0.1% in the third quarter from the same period of 2019.
 Sea-Intelligence Forecasts Q3 Container Freight Volumes Down Just 0.1% on Year
Mon24Aug
IMO Secretary General to Address IBIA Convention for First Time
The UN body's chief will be the opening speaker at the IBIA Annual Convention 2020 in November.
 IMO Secretary General to Address IBIA Convention for First Time
Mon24Aug
Total's LNG Bunker Barge Arrives in Northwest Europe
The Gas Agility, owned by Mitsui OSK Lines, arrived in Rotterdam last week.
 Total's LNG Bunker Barge Arrives in Northwest Europe
Fri21Aug
Oil Dips As More Good Economic News Is Eclipsed By Covid Fears
Analysts reiterate that rising infections are impacting demand recovery rates.
 Oil Dips As More Good Economic News Is Eclipsed By Covid Fears
Thu20Aug
Oil Down Again On Covid Hype Despite Increases in Oil And Gas Production
Analysts are worried a second Covid wave will stall recovery.
 Oil Down Again On Covid Hype Despite Increases in Oil And Gas Production
Thu20Aug
FEATURE: As Banks Retreat From Commodity Trade Finance, Who Will Fund the Bunker Industry Now?
Recent moves by three major banks could be a worrying sign for the bunker industry's access to money.
 FEATURE: As Banks Retreat From Commodity Trade Finance, Who Will Fund the Bunker Industry Now?
Thu20Aug
TFG Marine Profit Fell by Estimated 25% in Second Quarter
Trafigura, Frontline and Golden Ocean joined forces to launch TFG Marine last year.
 TFG Marine Profit Fell by Estimated 25% in Second Quarter