World News

Emulsion Fuel Firm Quadrise Appoints New Chief Operating Officer
Emulsion Fuel Firm Quadrise Appoints New Chief Operating Officer
Quadrise uses its MSAR technology to emulsify bunker fuels with water, producing a fuel with lower emissions by mass.
4 Jan 2022
New Year Kicks Off With More Oil Gains And Growing Analytical Confidence
New Year Kicks Off With More Oil Gains And Growing Analytical Confidence
Meanwhile, Libya scrambles to restore stalled output.
3 Jan 2022
Private Equity Group Buys Dupont's Belco Scrubber Business
Private Equity Group Buys Dupont's Belco Scrubber Business
Dupont's Clean Technology business has been spun out into a new company, Elessent Clean Technologies.
3 Jan 2022
Average VLSFO Bunker Price Rises 46% in 2021, VLSFO/HSFO Spread Widens 92%
Average VLSFO Bunker Price Rises 46% in 2021, VLSFO/HSFO Spread Widens 92%
Bunker price data from Ship & Bunker's G20 index shows a steep rise in marine fuel costs.
3 Jan 2022
Oil Ends 2021 With Biggest Annual Gain Since 2009
Oil Ends 2021 With Biggest Annual Gain Since 2009
With omicron concern now waning, the worry for 2022 is keeping up with demand.
31 Dec 2021
BUNKER JOBS: Monjasa Seeks Trader in Cyprus
BUNKER JOBS: Monjasa Seeks Trader in Cyprus
The firm is looking for candidates with experience in shipping or sales.
31 Dec 2021
Less Omicron Worries Equal More Price Gains For Oil As New Year Draws Closer
Less Omicron Worries Equal More Price Gains For Oil As New Year Draws Closer
Analysts anticipate a robust start for demand in 2022.
30 Dec 2021
Scrubber-Equipped Tonnage Now 30% of Boxship Capacity
Scrubber-Equipped Tonnage Now 30% of Boxship Capacity
150 more containerships were fitted with scrubbers this year taking the total to 850.
30 Dec 2021
Big U.S. Crude Draw, Huge Asia Mobility Numbers Propel Oil Prices Upward
Big U.S. Crude Draw, Huge Asia Mobility Numbers Propel Oil Prices Upward
However, U.S. drillers are being shunned by banks for 'political' reasons.
29 Dec 2021
Demant to Remain Bunker Holding CEO as Dan-Bunkering Declines to Appeal Sanctions Verdict
Demant to Remain Bunker Holding CEO as Dan-Bunkering Declines to Appeal Sanctions Verdict
Dan-Bunkering, Bunker Holding and CEO Keld Demant will not appeal the decision, with Demant's position at the firm unchanged.
29 Dec 2021
Sumitomo Corporation Seeks to Build Ammonia-Fuelled Bulker
Sumitomo Corporation Seeks to Build Ammonia-Fuelled Bulker
The firm is set to launch a joint project with Oshima Shipbuilding to design and develop the vessel.
29 Dec 2021
Oil Climbs Higher As U.K. Opts Not To Impose Omicron Restrictions
Oil Climbs Higher As U.K. Opts Not To Impose Omicron Restrictions
Meanwhile, Mexico is phasing itself out of international crude exports.
28 Dec 2021
Goodfuels Biofuel Bunker Sales Triple in 2021
Goodfuels Biofuel Bunker Sales Triple in 2021
GoodFuels CEO Dirk Kronemeijer shared an update on the firm's progress on LinkedIn.
28 Dec 2021
Oil Heads Toward Yearly Gain As Demand Trumps Omicron Concerns
Oil Heads Toward Yearly Gain As Demand Trumps Omicron Concerns
Still, some analysts worry about both oversupply and tightness.
27 Dec 2021
Mitsubishi Wins LNG Supply System Order for Six Car Carriers
Mitsubishi Wins LNG Supply System Order for Six Car Carriers
The duel-fuelled ships will be built by Imabari Shipbuilding.
24 Dec 2021
Weekly Vessel Scrapping Report: 2021 Week 51
Weekly Vessel Scrapping Report: 2021 Week 51
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 16 – December 22, 2021.
23 Dec 2021
MOL Digitalises Bunker Quality Testing System
MOL Digitalises Bunker Quality Testing System
The firm's in-house bunker and lubricant analysis laboratory will now use its new Bunker Hub system to hold its data.
23 Dec 2021
INTERVIEW: Monjasa Offers Bunker Buyers Detailed Carbon Footprint Data
INTERVIEW: Monjasa Offers Bunker Buyers Detailed Carbon Footprint Data
The firm is now offering some of its larger customers CO2 reports setting out full scope 1, 2 and 3 emissions data for their bunker purchases.
22 Dec 2021
Hong Kong Bunker Supplier NewOcean Energy Starts Restructuring Process
Hong Kong Bunker Supplier NewOcean Energy Starts Restructuring Process
The court has appointed joint provisional liquidators.
22 Dec 2021
Oil Rises 3.7% As Still No Sign Of Omicron Demand Impact
Oil Rises 3.7% As Still No Sign Of Omicron Demand Impact
Meanwhile, Sen thinks high energy prices in Europe will continue indefinitely.
21 Dec 2021