World News

Oil Surges With Fed's Word That Omicron's Impact Will Be Fleeting

Meanwhile, Sen says price spikes due to high demand may occur later this year.

11 Jan 2022

Minerva's Tyler Baron, TFG's Kenneth Dam and PMG's Anna Stefanou Among New Faces in this year's IBIA Board Elections

Incumbents Timothy Cosulich and Eugenia Benavides feature among the candidates.

11 Jan 2022

INTERVIEW: ZeroNorth CEO Søren Meyer on ClearLynx Acquisition

ZeroNorth CEO Søren Meyer discusses his firm's latest acquisition and how to reduce the fragmentation of the bunker industry's data.

11 Jan 2022

World Economic Forum: Inaction on Climate Change Will Cost More Than Action

Launch of annual global risks report puts the impact of climate change centre stage.

11 Jan 2022

ZeroNorth Buys ClearLynx

ZeroNorth is aiming to create an integrated end-to-end solution for bunker fuel optimisation.

11 Jan 2022

Oil Down On China Concerns But Analysts Remain Bullish On 2022

They also note that concerns about omicron impact are fading fast.

10 Jan 2022

Maersk Orders Four More Methanol-Fuelled Boxships

By 2025 methanol-fuelled tonnage could represent 4.5% of Maersk's fleet by cargo capacity.

10 Jan 2022

Spliethoff Launches Biofuel Bunker Trials

The company has moved on to trying 100% biofuel bunkers after success in using a 50% blend.

10 Jan 2022

FEATURE: Bunker Industry Awaits COVID Recovery in 2022 After 2021 Stall

Further recovery is expected in the bunker market this year, but more risks are likely to arise.

10 Jan 2022

Omicron Fears All But Nullified as Oil Rises On Robust Demand, Market Tightness

Still, stymied output in some countries may be troublesome in the weeks ahead.

7 Jan 2022

Australia's CBH Group Launches Biofuel Trial With Oldendorff

The companies will test a biofuel supplied by BP.

7 Jan 2022

World's Largest Boxship to Run on HSFO With Scrubber

The launch of the new vessel demonstrates the long-term prospects for HSFO's use as a bunker fuel.

7 Jan 2022

Traders Unfazed By China Lockdowns, More Gains For Crude

Meanwhile, a North American deep freeze stokes supply concerns.

6 Jan 2022

Weekly Vessel Scrapping Report

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 23, 2021 – January 5, 2022.

6 Jan 2022

European Shipping Firm Reported to Order Six LNG-Fuelled Boxships

Hyundai Samho has received an order from a European firm for six container ships.

6 Jan 2022

MSC Takes Over Maersk's Top Container Line Spot: Alphaliner

MSC's fleet was just 4,200 TEU short of Maersk's by January 4.

6 Jan 2022

Doubt Over OPEC's Ability to Deliver Volume Boosts Oll Prices

Tightness fears have largely replaced omicron fears - for now.

5 Jan 2022

2021 LNG-Fuelled Ship Order Count Finishes at Record 240 Vessels

2021's total order count was more than in the previous four years combined.

5 Jan 2022

Oil Up On OPEC Optimism, But A Massive Selloff May Be Coming

Meanwhile, RBC's Croft warns to keep an eye on geopolitical tension.

4 Jan 2022

Maersk Hires Green Methanol Procurement Specialist

Maersk will need will need 280,000-360,000 mt/year of green methanol for its eight new 16,000 TEU boxships from 2024.

4 Jan 2022