World News

Oil Ekes Out Minimal Gains as Iran Concerns Conflict With Surging Demand

Meanwhile, the U.S. is heading into a major summer oil squeeze.

25 May 2021

Bunker Supplier Greenergy Marine Adds Dublin Supply Operation

The firm is now supplying customers by barge in the Irish capital.

25 May 2021

MSC Sees Range of Alternative Bunkers On the Table for Decarbonisation

The company views biofuels, LNG, bio-LNG, synthetic LNG and hydrogen-based fuels as potential candidates for its future energy needs.

25 May 2021

Software Developer BunkerMetric Hires Sales Director

At the start of 2021 BunkerMetric founder Christopher Plum said the firm was planning a rapid expansion this year with a view to increasing the number of vessels using its software.

25 May 2021

Vitol Launches Global Bunkering Service

Chris Young will serve as VItol's global bunkering account manager.

25 May 2021

Thun Tankers Takes Delivery of Third Gas-Powered Ship

The Thun Equality was built by Scheepswerf Ferus Smit in the Netherlands.

25 May 2021

Oil Prices Rebound On Demand Optimism, Growing Doubt Over Iran Deal

Meanwhile, China is poised to become the world's largest oil refiner.

24 May 2021

Shell Under Pressure to Adopt Tougher Emissions Targets

'Activist' shareholder vote highlights concerns over oil major's decarbonisation plans.

24 May 2021

Japan Govt to Bolster Support for Ammonia Bunkering

Japanese firms need to enhance competitiveness in zero-emissions vessel market.

24 May 2021

Swedish Firm Eyes Marine Fuel Cell Market

Powercell's stackable fuel cell system aimed at marine applications.

24 May 2021

Maersk Oil Trading Hires Head of Credit From Monjasa

Maersk Oil Trading's primary task is to supply the 10.3 million mt/year of bunker fuel consumed by its parent company's container ships, but in recent years it has also shown a growing interest in selling fuel to third parties.

24 May 2021

Oil Up But Not Enough To Prevent Weekly Loss As Iran Concerns Persist

Meanwhile, potential Gulf of Mexico cyclone could affect production.

21 May 2021

Euronav Supports Biofuel Bunkers, Remains Doubtful of Carbon Capture

Rustin Edwards, VLSFO manager at Euronav, made the comments at price reporting agency S&P Global Platts's European Bunker Fuel Virtual Conference on Thursday.

21 May 2021

Essberger Orders Four Gas-Powered Chemical Tankers

The duel-fuelled tankers will be built by China Merchants Jinling Shipyard Dingheng and are due for delivery from mid-2023.

21 May 2021

VLSFO Claim Numbers 'Not Significantly Higher' Than in HSFO Era: Skuld

The company published a note on its website on Thursday detailing its experience of the IMO 2020 transition.

21 May 2021

Oil Prices Plunge On Iran Fears As Huge Europe Demand Recovery Ignored

Meanwhile IEA stance could lead to more price volatility, says OPEC.

20 May 2021

Weekly Vessel Scrapping Report: 2021 Week 20

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 07 – May 19, 2021.

20 May 2021

FEATURE: IBIA Members Lament VLSFO's Pricing Basis Problem

The bunker industry is finding it difficult to trade in VLSFO against diesel and crude prices rather than its own price assessment.

20 May 2021

Tighter Access to Bunker Credit is 'Good Thing': Delta Energy

"I don't think the banks historically have got the best record of pumping a lot of money into bunker companies -- they don't necessarily fully understand the business and the counterparty that they're funding."

20 May 2021

Sovcomflot LNG Bunker Purchases Total 62,000 MT Since 2018

The company revealed the figure in an emailed statement on Thursday announcing its 150th LNG bunker operation with Shell for its gas-powered Aframax tankers.

20 May 2021