World News

More Oil Gains As Traders Resist Covid Fears, Embrace Economic Developments

Meanwhile, a new Covid test could restore all-important air travel volumes.

24 Sep 2020

Weekly Vessel Scrapping Report: 2020 Week 38

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 17 – September 23, 2020.

24 Sep 2020

UK P&I Links Jet Fuel Blending Into Bunkers to Flash Point Problems

Jet and automotive fuels being used as blend stocks may be causing bunker flash point issues.

24 Sep 2020

Big Inventory Draws Boost Crude Prices Despite Demand Fears

Also, energy executives vow to increase output at sustained $50 oil.

23 Sep 2020

INTERVIEW: Carbon Capture May Deliver GHG Savings at Half the Cost of Ammonia

New research claims the ability of carbon capture to work with existing ships and fuels makes it much cheaper than shifting to zero-carbon fuels.

23 Sep 2020

Boxship Speeds Continued to Jump in August: VesselsValue

Ship operators changing speeds according to strength or weakness in freight markets and bunker prices can have a significant impact on bunker demand.

23 Sep 2020

Oil Gains As Analysts Now Think European Covid Restrictions Will Minimally Affect Demand

Concerns over Libya resuming output were also softened on Tuesday.

22 Sep 2020

World's First LNG-Powered Mega-Boxship Joins CMA CGM's Fleet

The vessel will be refuelled by Total's purpose built 18,600 m3 capacity Gas Agility.

22 Sep 2020

Regulations Key Amid Rising Complexity of Future Fuels Landscape: DNV GL

Classification society has released its latest Maritime Forecast to 2050.

22 Sep 2020

FOBAS Reports Doubling of Engine Cylinder Wear Incidents in VLSFO Era

The company has investigated whether the use of new VLSFO blends may be responsible for the increase, with uncertain results.

22 Sep 2020

Covid Fears Cause 5% Crude Selloff As Rough End To 2020 Anticipated

But Goldman and others still forecast steady recovery.

21 Sep 2020

Jet Fuel's Surprise Entry Into Bunker Market Remains Limited

Falling values make aviation fuel potential blend component for marine fuel.

21 Sep 2020

Strong Weekly Gains For Crude As Analysts Now Suggest Market Might Become Undersupplied

Goldman, UBS forecast crude price rises this year and next.

18 Sep 2020

Euronav CEO Sees Ammonia and Hydrogen Winning Alternative Bunkers Race

Knowing when these products will be available is the main challenge at the moment, according to Euronav's CEO.

18 Sep 2020

Tough Talking OPEC Triggers Big Gains For Oil, Sen Optimistic About Recovery

The analyst believes cutback compliance will greatly benefit the market.

17 Sep 2020

Weekly Vessel Scrapping Report: 2020 Week 37

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

17 Sep 2020

GP Global Reviewing Offers for Assets: Reports

Restructuring adviser may recommend a deal as early as thing month.

17 Sep 2020

Bunker Trader BMS United Launches New Marketing Campaign With Revamped Website

The company now covers more than 2,000 ports worldwide and has more than 500 active customers.

17 Sep 2020

Monjasa Takes on Ten Trainee Bunker Traders

Ten of the trainees are to be traders and the remaining two operators.

17 Sep 2020

Insurance Association Gard Warns Shipping Crews to Read BDNs Before Signing

Shipping crews may not be aware of their responsibility for monitoring bunker sampling procedures.

16 Sep 2020