World News

Bunker Partner Hires Russian Far East Trader

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

10 Aug 2021

Oil Tumbles Again As Analysts - Except One - Worry That Delta Variant Will Derail Demand

The rally in the U.S, dollar is also impacting prices.

9 Aug 2021

TFG Marine Provides Update on Bunker Supply Volumes

The firm is operating in more than 80% of the world's key bunkering regions.

9 Aug 2021

Oil Tumbles 7% For The Week As Covid Fears Fully Consume Trading Sentiment

But one analyst thinks the Delta fears may be overblown.

6 Aug 2021

Maersk Q2 Bunker Consumption Gains 16.8% on Year

The firm used 2.7 million mt of bunkers in the second quarter, up from 2.3 million mt in the same period a year earlier.

6 Aug 2021

Scorpio Tankers Invests in Methanol-Fuelled Shipping

The firm has taken a minority stake in a portfolio consisting of five refined product and methanol tankers designed to run on methanol and four ice-class LR1 product tankers.

6 Aug 2021

MOL Takes on Two LPG-Fuelled VLGCs

MOL subsidiary Phoneix Tankers has signed a deal with Namura Shipbuilding to build the ships.

6 Aug 2021

Oil Prices Up Slightly As Unemployment Claims Continue To Drop

But experts continue to be swayed by grim Covid news from Asia, U.S.

5 Aug 2021

Weekly Vessel Scrapping Report: 2021 Week 31

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 29 – August 4, 2021.

5 Aug 2021

Container Line MSC 'Does Not Recognise' Allegations in Shipper's Lawsuit

MSC said it received no formal complaint before the lawsuit was filed.

5 Aug 2021

Fremman Capital Completes Acquisition of Testing Firm VPS

The firm has finalised the purchase of IK Investment Partners' stake in VPS.

5 Aug 2021

Baltic Exchange Adds CO2 Emissions Data to Spot Freight Assessments

For each route it assesses the company is adding total CO2 emissions indications based on both full and eco speeds, as well as Energy Efficiency Operating Indicator (EEOI) values.

5 Aug 2021

World's Largest Container Ship Runs on HSFO and Scrubber

Evergreen Marine's new 23,992 TEU boxship the EVER ACE has taken over as the world's largest.

5 Aug 2021

Analysts Dismayed As Nervous Traders Cause Oil Prices To Plummet For Third Straight Day

All signs indicate that demand recovery overall is still strong, despite Delta.

4 Aug 2021

Solar-Electric Boat Completes 45-Day Voyage in North America

The Solar Sal, piloted by owners David and Alex Borton, made its way from Bellingham, Washington to Juneau, Alaska over the summer.

4 Aug 2021

Delta Fears Continue To Hamper Oil Prices, But Drawdowns Remain Steady

Meanwhile, BP defies expectations with massive Q2 earnings.

3 Aug 2021

BUNKER JOBS: Yara Marine Seeks Wind Propulsion Director

The company is looking for candidates with a business or technical degree in a relevant field.

3 Aug 2021

21 New LNG-Fuelled Ship Orders in July

A total of 563 LNG-fuelled ships have already been delivered or are on order.

3 Aug 2021

Insurer Allianz Reports Small Impact From IMO 2020 Transition

The industry has 'by and large' responded well to the transition.

3 Aug 2021

Maersk Hikes 2021 Profit Guidance

The company now expects its EBITDA for 2021 to reach $18-19.5 billion, up from previous guidance of $13-15 billion.

3 Aug 2021