World News

Evidence of Jet Fuel in Bunker Chain Limited
Evidence of Jet Fuel in Bunker Chain Limited
Some evidence from Asia but more 'heard not seen' in Europen markets.
5 Oct 2020
'We Can't Afford to Wait for the Ideal Solution' on Alternative Fuels: Probunkers
'We Can't Afford to Wait for the Ideal Solution' on Alternative Fuels: Probunkers
Probunkers sees a general consensus that LNG bunker demand will grow to 8-12 million mt/year by 2025.
2 Oct 2020
Oil Drops 3% as OPEC Output, Saudi Exports Rise
Oil Drops 3% as OPEC Output, Saudi Exports Rise
Traders continued about the impact of COVID lockdown measures, this time in Madrid.
1 Oct 2020
Weekly Vessel Scrapping Report: 2020 Week 39
Weekly Vessel Scrapping Report: 2020 Week 39
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 24 – September 30, 2020.
1 Oct 2020
Monjasa Hires Danish Maritime Fund Director to Board
Monjasa Hires Danish Maritime Fund Director to Board
Tage Bundgaard has also stepped down from the board following eight years at Monjasa.
1 Oct 2020
Star Bulk Sees Bunker Demand Recovering in Q4
Star Bulk Sees Bunker Demand Recovering in Q4
Bunker demand may drop by 5-7% overall this year, according to Star Bulk's bunker director.
1 Oct 2020
IMO Hit By Cyberattack
IMO Hit By Cyberattack
The IMO's website and internal intranet services have been down since September 30 after 'a sophisticated cyberattack'.
1 Oct 2020
Norwegian Hydrogen Fuel Cell Developer Attracts Investors
Norwegian Hydrogen Fuel Cell Developer Attracts Investors
Selling out shares in Mercur Market issue.
1 Oct 2020
S&B MARKET SURVEY: Global Bunker Hub Demand Dropped by 9% in Q2
S&B MARKET SURVEY: Global Bunker Hub Demand Dropped by 9% in Q2
Gains in Asia cushion demand weakness elsewhere, as COVID-19 impact replaces IMO 2020 instability as key market driver.
1 Oct 2020
Hapag-Lloyd LNG Bunkering Retrofit for Boxship to Cost $35 Million
Hapag-Lloyd LNG Bunkering Retrofit for Boxship to Cost $35 Million
The 15,000 TEU Sajir is undergoing the retrofit at a Shanghai shipyard, and had its new gas tank lifted on board last weekend.
30 Sep 2020
Not all Parts of the Bunker Industry are Struggling for Credit: SeaCred
Not all Parts of the Bunker Industry are Struggling for Credit: SeaCred
"The general picture may be bleak, but you have to look close for the details."
30 Sep 2020
Shell Backs Fuel Cells and Hydrogen as Future Marine Energy Source
Shell Backs Fuel Cells and Hydrogen as Future Marine Energy Source
In a new report published this week, Shell said it plans to establish a consortium to develop and trial fuel cells on a commercial deep-sea ship.
30 Sep 2020
Engine Manufacturer MAN Plans Retrofits to Ammonia Bunkers by 2025
Engine Manufacturer MAN Plans Retrofits to Ammonia Bunkers by 2025
The retrofit package will be aimed at MAN's existing ME-C, ME-LGIP and ME-LGI engines.
30 Sep 2020
DHL to Use Biofuels to Offset Emissions For All Less-Than-Container Load Shipments
DHL to Use Biofuels to Offset Emissions For All Less-Than-Container Load Shipments
From January 2021 the company will be neutralising the carbon emissions of all LCL shipments.
29 Sep 2020
Norwegian Marine Tech Firm Signs Tug Fuel Cell Deal
Norwegian Marine Tech Firm Signs Tug Fuel Cell Deal
With plan to ship hydrogen using fuel cell powered, inland waterway push-tugs.
29 Sep 2020
Oil Prices Rise On U.S. Stimulus Hopes, But Virus Fears Dog Market
Oil Prices Rise On U.S. Stimulus Hopes, But Virus Fears Dog Market
Alexander Novak says second wave could upset a "stable" oil market.
28 Sep 2020
Brunei: MGO Supply Deal for Muara Port
Brunei: MGO Supply Deal for Muara Port
MGO supplying barge to operate from next month.
28 Sep 2020
Scorpio Tankers Receives $12 Million in New Scrubber Financing
Scorpio Tankers Receives $12 Million in New Scrubber Financing
The money will go towards scrubber installations on six MR tankers.
25 Sep 2020
Milestone Passed for Ammonia-Fuelled Tanker as Lloyd's Register Awards AiP
Milestone Passed for Ammonia-Fuelled Tanker as Lloyd's Register Awards AiP
Samsung Heavy Industries will now attempt to commercialise the ship design by 2024.
25 Sep 2020
Trafigura White Paper Proposes Global Levy on Bunkers to Fund Decarbonisation
Trafigura White Paper Proposes Global Levy on Bunkers to Fund Decarbonisation
The company proposes a carbon levy of $250-300 per tonne of CO2 equivalent is imposed on bunker fuels.
25 Sep 2020