World News

Oil Down On Gloomy IEA Demand Outlook, But Economic Recovery Continues Anyway
Oil Down On Gloomy IEA Demand Outlook, But Economic Recovery Continues Anyway
Even the IEA admits there could be stock draws for the rest of the year.
13 Aug 2020
Weekly Vessel Scrapping Report: 2020 Week 32
Weekly Vessel Scrapping Report: 2020 Week 32
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 6 – August 12, 2020.
13 Aug 2020
Cruise Line Holland America Extends Operations Pause to December
Cruise Line Holland America Extends Operations Pause to December
The company has cancelled all departures up to December 15.
13 Aug 2020
More Promising Economic Data Sways Crude Traders, Causes Price Uptick
More Promising Economic Data Sways Crude Traders, Causes Price Uptick
But OPEC warns of continued uncertainty ahead.
12 Aug 2020
FEATURE: Mixed Reactions to IMO's Latest GHG Study
FEATURE: Mixed Reactions to IMO's Latest GHG Study
A range of interpretations of the report have been taken, but all agree on the need for further action.
12 Aug 2020
VPS Sees Bunker Quantity Disputes Costing Up to $100,000/Year Per Ship
VPS Sees Bunker Quantity Disputes Costing Up to $100,000/Year Per Ship
VPS's new white paper on the subject is based on more than 10,000 bunker deliveries around the world in 2019.
12 Aug 2020
Inactive Boxship Fleet Drops to 5.1% of Total Capacity
Inactive Boxship Fleet Drops to 5.1% of Total Capacity
The inactive total dropped to 264 ships representing 1.2 million million TEU as of July 20.
12 Aug 2020
Crude Traders Downplay Economic, Vaccine News, Cause 1% Dip In Oil Prices
Crude Traders Downplay Economic, Vaccine News, Cause 1% Dip In Oil Prices
Data suggests air travel recovery and continued inventory draws.
11 Aug 2020
Optimise Port Call Timing to Reduce GHG Emissions: IMO
Optimise Port Call Timing to Reduce GHG Emissions: IMO
The UN body noted new research showing ships spend up to 9% of their time waiting at anchorage.
11 Aug 2020
Sea-Intelligence Sees Q3 Resurgence in Transpacific Container Freight
Sea-Intelligence Sees Q3 Resurgence in Transpacific Container Freight
The company noted a smaller decline in North American June container imports than in previous months.
11 Aug 2020
GP Global Bunkering Operations Put on Hold While Restructuring Talks Continue With Banks
GP Global Bunkering Operations Put on Hold While Restructuring Talks Continue With Banks
Some previously arranged stems are still being carried out, but the company has been advised against taking on new business for now.
11 Aug 2020
Rising Demand And Strong China Factory Performance Cause Crude Price Uptick
Rising Demand And Strong China Factory Performance Cause Crude Price Uptick
But analysts are still worried about the market's lack of direction.
10 Aug 2020
VesselsValue Reports Advance in Boxship Speeds
VesselsValue Reports Advance in Boxship Speeds
Ship operators changing speeds according to strength or weakness in freight markets and bunker prices can have a significant impact on bunker demand.
10 Aug 2020
IMO to Hold Remote Meetings for Remainder of 2020
IMO to Hold Remote Meetings for Remainder of 2020
MEPC 75 is scheduled for November 16-20.
10 Aug 2020
Strong U.S. Jobs Report Dwarfed By Covid Concerns, Oil Prices Drop
Strong U.S. Jobs Report Dwarfed By Covid Concerns, Oil Prices Drop
Meanwhile, China benefits from cheap oil amid pandemic.
7 Aug 2020
Oil Down On Perception Of Slowing Demand As Analysts Brace For U.S. Jobs Report
Oil Down On Perception Of Slowing Demand As Analysts Brace For U.S. Jobs Report
Media-fuelled Covid fears continue to impact crude trading.
6 Aug 2020
Weekly Vessel Scrapping Report: 2020 Week 31
Weekly Vessel Scrapping Report: 2020 Week 31
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 30 – August 5, 2020.
6 Aug 2020
Euronav is Growing its VLSFO Stockpile Again to Dilute $56 Million Paper Loss
Euronav is Growing its VLSFO Stockpile Again to Dilute $56 Million Paper Loss
The company is currently buying 20% more fuel than it needs, to bring down the average price of its stockpile.
6 Aug 2020
US Now Buys Most of HSFO Exports From Baltic
US Now Buys Most of HSFO Exports From Baltic
Last month some 46% of all HSFO leaving the Baltic Sea went to the US.
6 Aug 2020
New Report Published Setting Out Case for Ammonia as a Marine Fuel
New Report Published Setting Out Case for Ammonia as a Marine Fuel
Alfa Laval, Hafnia, Haldor Topsoe, Vestas, and Siemens Gamesa have together issued the report.
6 Aug 2020