World News

Brokerage NSI Launches Bunker Pricing Intelligence Platform

The new platform, Bunker Intel, will be made available to all the firm's key accounts, and a 30-day free trial will be available to new customers.

15 Jan 2021

BP Rejects 'Baseless Allegation' of VLSFO Link to Grounding of Bulker Wakashio

A Forbes article earlier this month suggested off-specification bunker fuel may have caused the vessel to change course to head to Mauritius.

15 Jan 2021

Strong China Imports, Hope of U.S. Covid Relief Buoy Oil Prices

But analysts insist that short-term pain is still likely.

14 Jan 2021

Weekly Vessel Scrapping Report: 2021 Week 2

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 7 – January 13 2021.

14 Jan 2021

Oil Down On Demand Fears, But State Of Demand Is Debatable

Many analysts see demand growth starting this spring.

13 Jan 2021

Dirty Tanker Fixtures Nosedived in 2020

IMO 2020 is likely to have been one cause of the decline.

13 Jan 2021

Shell Sees Decarbonisation Role For Marine Lubricants

The global energy major has just won a multi-year contract to supply cruise line operator Carnival Corporation with its lubricants.

13 Jan 2021

MSC Joins Hydrogen Council

As part of its wider decarbonization efforts.

13 Jan 2021

Shrinking U.S. Stockpiles Causes Oil To Extend Gains And Reach 11 month High

Other stocks in U.S. and Europe rise despite coronavirus concerns.

12 Jan 2021

Second Senior Executive Leaves Bunker Supplier TFG Marine

The move follows the departure of former CEO Anders Grønborg last year.

12 Jan 2021

Sulfur Regs Group Trident Alliance Wound Up at End of 2020

The backers of the lobbying group say more work still needs to be done to ensure equal enforcement of the rules.

12 Jan 2021

Aon Launches Bunker Price Hedging Product

New product comes into play when prices move beyond a set limit.

12 Jan 2021

Shippers Wary of BAF's Return

Widening differential between high and low sulfur fuel oil could see boxship operators invoke bunker adjustment factor.

12 Jan 2021

Four Gas-Powered Giant Boxships to Join CMA CGM Fleet in First Half of 2021

The ships will be among the largest vessels in the world, and will add significantly to global LNG bunker demand as they enter service.

12 Jan 2021

Scrubber Repair Industry Expands Further

Last year several warnings emerged that some scrubber models were suffering from damage to their overboard discharge pipes from the steady flow of corrosive material passing through them.

12 Jan 2021

Saudi Cuts Minimize Crude Losses As Virus Infection Concerns Intensify

Meanwhile, analysts think oil stocks will decline this year despite demand concerns.

11 Jan 2021

LNG Bunkering Supporters Prominent Among IBIA Board Candidates

The candidates are standing for three board positions.

11 Jan 2021

Hedging Company Global Risk Management Hires Pension Fund Executive as CFO

Jacob Nørgaard will take up the role as of May 1.

11 Jan 2021

Caribbean Refinery Given More Time to Restart

St Croix plant could be fully operational later this month.

11 Jan 2021

Giant Boxship Speeds Jumped in December: VesselsValue

Seasonal shopping activity helped boost container ship speeds at the end of the year.

11 Jan 2021