World News

Oil Makes Weekly Gains Despite End of Norway Strike

Meanwhile, Wells Fargo cites vaccine development as the reason for its bullish stance.

9 Oct 2020

Brokerage NSI Sees Bunker Sellers Adding Contract Clauses 'By Stealth'

The company noted the changes it had seen since August in a note to clients this week written by Paul Hardy.

9 Oct 2020

OPEC Sees 4.8% Global Bunker Demand Drop in 2020

OPEC estimates 2020 demand at 4.0 million barrels/day (230 million mt/year).

9 Oct 2020

River Marine Fuels Hires Senior Trader in France

River Marine Fuels was founded in 2002 with a focus on UK, Irish and North European ports.

9 Oct 2020

Oil Gains on Delta's Destruction Potential And OPEC's Optimism

Saudis' turnabout regarding output also boosts prices.

8 Oct 2020

SIBCON FEATURE: Maersk Sets Out Views on Alternative Fuels

"It's all about finding the carbon-neutral fuel that can be scaled at the right price, and that we can transition with fast enough."

8 Oct 2020

Weekly Vessel Scrapping Report: 2020 Week 40

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 25 – October 7, 2020.

8 Oct 2020

COVID-19 Squashed IMO 2020 Price Surge, But What Happens Next?

EMEA credit and risk panellists to take bunker market's temperature at next month's IBIA Convention.

8 Oct 2020

SIBCON: 25 Companies Offered on BHP's LNG-Fuelled Shipping Tender

The company announced the tender in July 2019.

8 Oct 2020

BW Group Invests in Biogas

With EUR 20m stake in European firm Ductor.

8 Oct 2020

Pavilion Energy and Gasum Join Forces on Developing Global LNG Bunker Supply Chain

The network will allow the two companies to use each other's bunker infrastructure and supply capabilities to serve their customers in Singapore and Northern Europe.

8 Oct 2020

Surprise Resignation of Tanker Company Frontline's CEO

Macleod was appointed as CEO in October 2014.

8 Oct 2020

Oil Prices Down On Demand Worries

But there are some signs of strength in the physical market.

7 Oct 2020

INTERVIEW: Dan-Bunkering Sees Bunker Industry 'Perfect Storm' Brewing

Dan-Bunkering's Mikkel Vestergaard sees parallels to the OW Bunker collapse in the sudden withdrawal of Hin Leong from the market this year.

7 Oct 2020

Global Companies Join Forces to Report Their Shipping Carbon Footprint

The Sea Cargo Charter "establishes a common baseline to quantitatively assess and disclose whether shipping activities are aligned with adopted climate goals."

7 Oct 2020

SIBCON: Total Sees Global LNG Bunker Capacity at 7.5 Million MT/Year

The number of LNG bunker barges is set to more than double to 33 over the next two years.

7 Oct 2020

SIBCON: CMA CGM Sees 5.5% Global Container Trade Drop This Year

Most of that decline came early in the year, with signs of improvement since then.

7 Oct 2020

SIBCON: Choose Hydrogen for Shipping Because Other Industries Will Pay for Infrastructure: Shell

Shell's Grahaeme Henderson talked up hydrogen's potential in an interview at SIBCON.

6 Oct 2020

MSC Hedges Bets on Alternative Bunker Fuels

Over the longer term the company is exploring the viability of hydrogen-based fuels.

6 Oct 2020

Oil Prices Rebound on Trump's Resiliency and Norway's Labour Woes

One analysts says last's week's crude selloff is regarded was "overdone"

5 Oct 2020