World News

Weekly Vessel Scrapping Report: 2020 Week 45

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 5 – November 11, 2020.

12 Nov 2020

IBIA CONVENTION: Leading Bunker Supplier Sees Further Consolidation Coming

The consolidation may come in the form of 'new partnership models' on a limited basis that fall short of a formal merger or acquisition.

12 Nov 2020

Brazil: Offshore Vessel Switched to Hybrid Operation

Wartsila, CBO agree to work on fuel-saving project.

12 Nov 2020

Fujairah: Fuel oil Stocks Tight Amid Export Spurt

Last week's figures lowest in over a year, according to SP Global Platts.

12 Nov 2020

ICS: Back Our Decarbonisation Fund Idea or Trillions of Dollars Could be Wasted

The shipping body has published a new report this week looking at ammonia, hydrogen and fuel cells and batteries as alternative marine power sources.

11 Nov 2020

Vaccine Victory Again Boosts Oil, But Kemp Warns About Delayed Impact

The analyst says the economy won't fully benefit from the vaccine until later in 2021.

10 Nov 2020

U-Ming Wins Charter Contract for Second Mining Giant Opting for Gas-Powered Ships

U-Ming will supply four dual-fuel 190,000 DWT bulk carriers over a ten-year contract.

10 Nov 2020

FUJCON 2021 Goes Digital

The conference will now be held online on March 22-24.

10 Nov 2020

Low Sulfur Bunker Premium Slides Under 20%

The premium has been declining throughout the year.

10 Nov 2020

Covid Vaccine Breakthrough Causes Oil Prices To Skyrocket

Meanwhile, the IEA says the European lockdowns wlll do less economic damage than the last.

9 Nov 2020

Singapore: Qatar Wins 10-Year LNG Supply Deal for Pavilion

Every cargo supplied under the deal will be accompanied with a statement of its greenhouse gas emissions.

9 Nov 2020

The Next Nine Years: LQM to Host Webinar on Shipping's Decarbonisation Path

"Debate around the pros and cons of future fuel solutions such as hydrogen and ammonia is all well and good, but what about the next nine years?"

9 Nov 2020

Oil Dips On European Union Economic Forecast, Election Uncertainties

However, the U.S. outcome could be good news for the commodity.

5 Nov 2020

Euronav Changes VLSFO Stockpile Strategy Again

The firm now holds a stockpile of about 200,000 mt of VLSFO on board its ULCC the Oceania.

5 Nov 2020

Weekly Vessel Scrapping Report: 2020 Week 44

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 29 – November 4, 2020.

5 Nov 2020

Former TFG Marine CEO Anders Grønborg Moves to Consolidation Role at Bunker Holding

His role will be to "optimize Bunker Holding's market leader position by supporting the Group's continued efforts to consolidate the international bunker industry."

5 Nov 2020

BUNKER JOBS: Shipping Company Fednav Seeks Head of Bunkers

The company is seeking candidates with at least 10 years' experience of oil or bunker trading.

5 Nov 2020

World's First LPG-Fuelled VLGC Completes Sea Trials

The ship was built in 2015 and had an LPG fuel supply system retrofitted this year.

4 Nov 2020

Inactive Boxship Fleet Continues to Drop: Alphaliner

The market has been 'unusually strong' for the time of year.

4 Nov 2020

Analysts Brace for U.S. Election Results As Oil Jumps Over 2%

Pundits think a Biden win could be beneficial for the commodity.

3 Nov 2020