World News

Oil Posts Fifth Straight Weekly Gain As Warnings Of Brent Hitting $150 Surface

Meanwhile, the G7 implore OPEC to open their taps and relieve the crunch.

27 May 2022

Peninsula: Low Viscosity VS Lubricity in Fuel Quality Analysis

Jeroen de Vos, head of quality at Peninsula, discusses the difference between low viscosity and lubricity in marine fuels.

27 May 2022 · Jeroen de Vos, Peninsula

S&B ANALYSIS: Supply Crunch Sends Singapore VLSFO Premium to Rotterdam to Record High

Singapore's bunker supplies are tightening just as demand looks set to improve following the re-opening of Shanghai.

27 May 2022

Funnel Fire Halts Carnival Cruise Ship

The Carnival Freedom safety response crew extinguished a fire inside the ship's funnel while in port at Grand Turk on Thursday.

27 May 2022

Weekly Vessel Scrapping Report 2022: Week 21

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 19 – May 25, 2022.

26 May 2022

Shrinking Supply Buoys Oil Prices, But Demand Destruction Is Beginning

Meanwhile, the U.K. imposes a 25% windfall tax to aid poor homeowners.

26 May 2022

Another U.S. Stock Draw Causes Oil Price Boost, But Numbers Are Deceiving

Meanwhile, Aramco's chief reiterates that the global market is balanced.

25 May 2022

Maersk: Our Methanol Demand Could Reach 6 Million MT/Year by 2030

Some Maersk vessels may also be running on ammonia by 2030.

25 May 2022

Nina Østergaard Borris Appointed CEO of Bunker Holding Parent Firm USTC

Torben Østergaard-Nielsen will become chairman of the company's board, while current chairman Klaus Nyborg will be moved to vice chairman, as well as chairman of Bunker Holding.

25 May 2022

Oil Mixed As Washington Declares Another SPR Sale

Meanwhile, mixed signals emerge from the EU's attempt to impose Russian sanctions.

24 May 2022

2050 Net Zero Shipping Emissions Target is 'Potentially Achievable': MOL

MOL has already set itself a 2050 net-zero goal, and believes it could be applied to the industry more widely as well.

24 May 2022

Floating Marine Fuel Supply Station 'Approaching Commercialisation'

Swedish start-up Fossil Free Marine's unmanned floating mobile marine fuel station has now completed a risk assessment carried out by classification society DNV.

24 May 2022

NYK Develops Sludge-Dispersing VLSFO Additive Cutting Fuel Consumption by 1.2%

The additive is an evolution of the firm's 'Yunic 800VLS' additive it developed in 2019.

24 May 2022

BUNKER JOBS: Bunker Holding Seeks Tech Lead

The firm is looking for candidates with at least three years of experience as a full stack .NET developer.

24 May 2022

Oil Unchanged As Promises of EU Ban Against Russia Become Shaky

Meanwhile, existing bans are having little impact against the former Soviet Union.

23 May 2022

BP to Supply Rio Tinto With Biofuel Bunkers for One-Year Trial

Rio Tinto will test a B30 biofuel blend containing 30% FAME with the remainder taken up by conventional VLSFO on board its bulker the RTM Tasman over the next 12 months.

23 May 2022

IMO Watchers Divided on Whether Market-Based Measure Consensus Has Emerged

A range of market-based measures seeking to charge the shipping industry for its emissions were up for discussion at last week's IMO GHG working group.

23 May 2022

Oil Gains For The Week As Demand And Tightness Show No Sign Of Abating

However, the impact of China's severe Covid lockdowns worry analysts.

20 May 2022

BUNKER JOBS: Monjasa Seeks Compliance Analyst in Cyprus

The firm is looking for candidates with a relevant education in the law or compliance, as well as three to five years of experience in a similar role.

20 May 2022

New Corvus Energy US Battery Factory Will Serve Marine Market

The new facility will have an annual production capacity of 200 MWh of stored energy capacity.

20 May 2022