World News

New Covid Strain Rekindles Demand Fears, Cause Near-3% Drop In Oil Prices

But Monday also saw developments that may resuscitate the bull crude market.

21 Dec 2020

Fratelli Drops Chemoil Name from its Monaco Bunker Trading Unit

CEO Timothy Cosulich says move was "in response to the growth of our activities in the bunker trading sector.

21 Dec 2020

Carnival Takes Delivery First LNG-Powered Cruise Ship for North America

The cruise giant's largest ship is the fourth LNG-powered vessel to enter its global fleet.

21 Dec 2020

West of England Launches New Bunker Info Portal

The "Neptune" system also offers security and operational information.

21 Dec 2020

GRAPH: 2020's Average Bunker Price 8% Lower Than 2019

With prices now rising, 2021 could see a return of $600/mt bunkers.

18 Dec 2020

Boost For Wind Power Advocates as Newbuild Opts for Rotor Sail

Another order, and another step forward for rotor sails' acceptance as a serious option for shipowners.

18 Dec 2020

Vaccines Again Credited For Oil Price Gains, Canadian Energy Revival

Meanwhile, Bernstein predicts a huge rebound for energy earnings in 2021.

17 Dec 2020

Weekly Vessel Scrapping Report: 2020 Week 50

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 10 – December 16, 2020.

17 Dec 2020

Keppel Lands $0.6 Billion Offshore Wind Contract

With US energy firm to build offshore wind installation vessel.

17 Dec 2020

Ship & Bunker, SeaCred Pick Top 10 Bunker Companies for 2021

And have released the latest version of their Top 10 Bunker Companies report updated for 2021.

17 Dec 2020

Oil Rises As Stockpiles Fall And Anticipation Builds For Stimulus Approval,

Meanwhile, India's refineries return to full operational capacity.

16 Dec 2020

Former OceanConnect MD S.I. Shim Retires

One of the most highly respected and most knowledgeable professionals within our industry, says KPI OceanConnect CEO Høll,

16 Dec 2020

S&B MARKET SURVEY: 'Soaring Demand' Across SE Asia, But Global Q3 Bunker Hub Volumes Down 7.9% Overall

Figures show an improvement in demand over Q2's decline of 9.3%, and continuation of a shift in global demand to Asia.

16 Dec 2020

Quadrise Launches Emulsion Biofuel Bunkers

Quadrise is now working with industry partners to test the new product in engines.

15 Dec 2020

Inoculation Commencement Outweighs Saudi Attack, Libya Uptick, As Brent Breaks $50

But OPEC thinks demand will recover slower than predicted in 2021.

14 Dec 2020

Second Large Container Firm Takes on Antifouling Robots for Fuel Efficiency Gains

The deal with HMM follows a similar one by MSC to take on Jotun's antifouling systems earlier this year.

14 Dec 2020

Sixth Consecutive Weekly Price Gain For Crude As U.S. Covid Vaccinations Loom

Meanwhile, research shows a huge drop in greenhouse gas emissions due to lockdowns.

11 Dec 2020

S&B ANALYSIS: WFS and TFG: A Tale of Two Margins

Analysis of the performance of a new supplier and an established player this year shows the difficulties involved for both.

11 Dec 2020

Equinor Takes on Software Solution to Improve Ships' Fuel Efficiency

Equinor will use the Maress software over the next two years to track and attempt to improve the efficiency of its fleet of around 30 chartered ships operating on the Norwegian Continental Shelf.

11 Dec 2020

Sea-Intelligence Hires Former Electrolux Head of Logistics in Advisory Services Expansion

Shipping consultancy Sea-Intelligence has announced a significant expansion of its advisory services offering.

11 Dec 2020