World News

Sea-Intelligence Forecasts Q3 Container Freight Volumes Down Just 0.1% on Year

The consultancy forecasts third-quarter global container volumes as being down by just 0.1% in the third quarter from the same period of 2019.

25 Aug 2020

IMO Secretary General to Address IBIA Convention for First Time

The UN body's chief will be the opening speaker at the IBIA Annual Convention 2020 in November.

24 Aug 2020

Total's LNG Bunker Barge Arrives in Northwest Europe

The Gas Agility, owned by Mitsui OSK Lines, arrived in Rotterdam last week.

24 Aug 2020

Oil Dips As More Good Economic News Is Eclipsed By Covid Fears

Analysts reiterate that rising infections are impacting demand recovery rates.

21 Aug 2020

Oil Down Again On Covid Hype Despite Increases in Oil And Gas Production

Analysts are worried a second Covid wave will stall recovery.

20 Aug 2020

Weekly Vessel Scrapping Report: 2020 Week 33

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 13 – August 19, 2020.

20 Aug 2020

FEATURE: As Banks Retreat From Commodity Trade Finance, Who Will Fund the Bunker Industry Now?

Recent moves by three major banks could be a worrying sign for the bunker industry's access to money.

20 Aug 2020

TFG Marine Profit Fell by Estimated 25% in Second Quarter

Trafigura, Frontline and Golden Ocean joined forces to launch TFG Marine last year.

20 Aug 2020

Mixed Messages About Demand Recovery Cause Soft Crude Trading

But the Saudis think a return to normal for crude will begin in the fourth quarter.

19 Aug 2020

Maersk Bunker Consumption Drops by 14.4% in Second Quarter

Total bunker consumption dropped to 2.333 million mt in the second quarter.

19 Aug 2020

FOBAS Reports Stability Problems With Rotterdam Low-Sulfur Fuels

The organisation has tested a number of very low sulfur fuel oil and ultra low sulfur fuel oil samples from the Dutch port in the past week with TSP of 0.16-0.43% m/m.

19 Aug 2020

Golden Ocean Joins Getting to Zero Coalition

The Bermuda-based firm confirmed the move in its second-quarter results this week.

19 Aug 2020

Quadrise to Start Commerical Trial on Utah oil Deposits

Technology could add significant value to area's heavy and paraffinic oil deposits, says company.

19 Aug 2020

Saudi Arabia Bans Scrubber Washwater Discharge

The Saudi Ports Authority is now banning the discharge of washwater from scrubbers in its waters.

19 Aug 2020

Oil Steadies After Pandemic Panic Mitigated By OPEC

But India continues to struggle with demand problems.

18 Aug 2020

Fuel Cell/Shipbuilder Link-up Aims for IMO 2030/50 Targets

US energy firm and Korean shipbuilder to develop fuel cell tech for commercial shipping.

18 Aug 2020

Panama Ship Registry Defends Reputation After Mauritius Bunker Spill

A video circulating on social media accuses the Panama registry of being lax in the application of safety regulations

18 Aug 2020

Oil Prices Rise On Wealth Of Good Economic, Trade, And Covid News

Strong data causes one analyst to reassess the condition of the global economy.

17 Aug 2020

Testing Company VPS Launches Bunker Quality Analytics Platform

The new service, PortStats, allows users to access VPS quality data on fuels from any supplier and any port where the company has tested products.

17 Aug 2020

More Weekly Gains For Crude Despite Persistent Fears Over Covid

Virus worries continue to to offset positive economic recovery news.

14 Aug 2020