World News

More Covid Driven Losses For Oil As Analysts Worry About International Travel Delays

Still, oil's fundamentals seem to be holding up, according to data.

18 Aug 2021

NYK Line Orders WinGD Hybrid Energy Systems for Four New Car Carriers

The four vessels will primarily run on LNG, supplemented by battery power.

18 Aug 2021

Alternative Fuel Firm E1 Marine Hires Commercial Director From BIMCO

Maite Klarup has joined the company in Vancouver to lead the implementation of its commercial strategy.

18 Aug 2021

BUNKER JOBS: Gazpromneft Marine Lubricants Seeks Account Manager in Greece

The firm is looking for candidates with at least five years of experience in global marine lubricant sales.

18 Aug 2021

Oil Still In The Doldrums As Analysts Contend With a Host of Worries

However, it's unlikely OPEC will increase output anytime soon, say sources.

17 Aug 2021

Trefoil Managing Director Robin van Elderen Leaves After Five Months

Van Elderen has left the company as of this month after joining in March.

17 Aug 2021

China's Economic Woes Cause Another Price Drop For Crude

But Kemp says the medium-term outlook is still bullish.

16 Aug 2021

Law Firm Sees Good Prospects for Marine Energy-Saving Technology Financing

While lenders are unlikely to be willing to set up subordinate mortgages to finance the installation of this equipment, other financing is likely to be available.

16 Aug 2021

$15,000 Fine for Bunker Sulfur Cap Violations in Sierra Leone

As of September 1, owners or operators of ships found with bunkers with more than 0.50% sulfur content in Sierra Leone could face the fines.

16 Aug 2021

VPS Launches Marine Sustainability Project Competition

Students in the UK, UAE, Netherlands, Singapore and Texas aged 18-25 are able to enter the competition, with a $10,000 scholarship first prize and work placements within the VPS network available to runners-up.

16 Aug 2021

Oil Settles Lower But Analysts Beginning To Regard Delta Woes As Transitory

Tocqueville views the energy sector overall as "under-owned."

13 Aug 2021

Container Turmoil Leaves Large Spreads Between Spot Freight Assessments

Differing methodologies and definitions of the spot market are leading to discrepancies.

13 Aug 2021

Weekly Vessel Scrapping Report: 2021 Week 32

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 5 – August 11, 2021.

12 Aug 2021

Hapag-Lloyd First-Half Bunker Consumption Gains 2.9% on Year

The firm used about 2.11 million mt of marine fuels in the first half of 2021, up from 2.05 million mt a year earlier.

12 Aug 2021

Euronav Drops to $90 Million Loss in 'Challenging' Q2

The firm lost $89.7 million in the three months to June 30, down from a $259.6 million profit in the same period a year earlier.

12 Aug 2021

Bullish Demand Data And Outlook Sway Covid Obsessed Traders, Oil Rises

However, Goldman Sachs lowers its demand forecast for China.

11 Aug 2021

Steep Drop-Off for Scrubber Uptake in Container Segment in 2021

Scrubbers were installed on 85 boxships representing 760,000 TEU of capacity in the first half of 2021.

11 Aug 2021

VPS Talks: Data

VPS business development director John Oosthoek discusses the changing nature of VLSFO and how to keep track of its quality.

11 Aug 2021 · VPS

Oil Ekes Out Modest Gains But Trading Behaviour Remains Driven By Covid Fear

Still, the U.S., will likely record another healthy weekly drawdown of stocks.

10 Aug 2021

Bunker Partner Hires Russian Far East Trader

The new hire has joined the firm as of this month.

10 Aug 2021