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Container Industry Sees Some Blank Sailings Reinstated
Container Industry Sees Some Blank Sailings Reinstated
Meanwhile the average size of boxship being used on the Asia-North Europe route has increased to 17,000 TEU.
25 May 2020
Rosneft Starts VLSFO Production at Syzran Refinery
Rosneft Starts VLSFO Production at Syzran Refinery
Rosneft expanded sales of the product to ports in the Russian Far East, the Black Sea, the Arctic and the Baltic in April.
22 May 2020
Classification Societies Clash on 2050 Bunker Demand Outlook
Classification Societies Clash on 2050 Bunker Demand Outlook
Two leading classification societies have come up with two starkly different visions for how bunker demand might develop in the coming decades.
22 May 2020
Weekly Vessel Scrapping Report: 2020 Week 20
Weekly Vessel Scrapping Report: 2020 Week 20
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 15 – May 20, 2020.
21 May 2020
Distillate Demand Down by 7% Over Year: IEA
Distillate Demand Down by 7% Over Year: IEA
First quarter snapshot of demand for refined oil products show distillates losing the least.
21 May 2020
Oil Continues Winning Streak As Demand Recovery Gains Momentum
Oil Continues Winning Streak As Demand Recovery Gains Momentum
However, worry persists over the degree to which the lockdowns have wrecked the economy.
20 May 2020
Covid-19 Takes Chunk out of Global CO2 Output
Covid-19 Takes Chunk out of Global CO2 Output
Pollution reversed by 17% during pandemic crisis, estimates suggest.
20 May 2020
Scrubber Deferrals Boost Bottom Line for Frontline
Scrubber Deferrals Boost Bottom Line for Frontline
Strong freight rates and narrow fuel spread behind Frontline move.
20 May 2020
Lockdown Easements Boost Crude Prices, But Analysts Wary Of What Politicians Will Do Next
Lockdown Easements Boost Crude Prices, But Analysts Wary Of What Politicians Will Do Next
Trump says Washington will intervene if easements don't meet his expectations.
19 May 2020
Low Cost Biofuel Bunker Project Launches with €5m EU Funding
Low Cost Biofuel Bunker Project Launches with €5m EU Funding
The IDEALFUEL consortium is being led by the Eindhoven University of Technology.
19 May 2020
LQM Warns of Inadequate Hedging Against Bunker Price Rises
LQM Warns of Inadequate Hedging Against Bunker Price Rises
In a survey of LQM's clients last week, two-thirds said they thought bunker prices would rise over the next 12 months, but only half said they used risk management strategies to mitigate this risk.
19 May 2020
IEA Reinforces Outlook for 8% Drop in Bunker Demand
IEA Reinforces Outlook for 8% Drop in Bunker Demand
Echoing earlier industry forecasts.
18 May 2020
FOBAS Alert: Low Flash Point Distillate Marine Fuel Oil in Antwerp
FOBAS Alert: Low Flash Point Distillate Marine Fuel Oil in Antwerp
ISO-F-DMA grades tested with flash points below the 60°C SOLAS minimum limit for marine fuel oils.
18 May 2020
First Phase of South Korea SECA Coming in September
First Phase of South Korea SECA Coming in September
Vessels required to use a max 0.10% sulfur marine fuel while at berth or anchorage.
18 May 2020
Expectation of Higher Oil Prices Holds Back Scrubber Cancellations: Gibson
Expectation of Higher Oil Prices Holds Back Scrubber Cancellations: Gibson
Several tanker companies have recently announced delays to some of their scrubber retrofits while freight rates are strong and fuel spreads are narrow.
18 May 2020
INTERVIEW: The Falling Cost of Biofuel - Now a "Commercially and Technically Viable" Alternative to Fossil Bunkers
INTERVIEW: The Falling Cost of Biofuel - Now a "Commercially and Technically Viable" Alternative to Fossil Bunkers
Even as the price of conventional marine fuel slumps to multi-year lows, says GoodFuels.
18 May 2020
Hapag-Lloyd Loses $63.2 Million on Bunker Stock Devaluation After Oil Collapse
Hapag-Lloyd Loses $63.2 Million on Bunker Stock Devaluation After Oil Collapse
The company's bunker consumption in the first quarter was 1.1 million mt, little changed from the same period last year, and the average price paid gained $98/mt to $523/mt.
15 May 2020
Glander Sees Limited Demand Impact From COVID-19 Pandemic So Far
Glander Sees Limited Demand Impact From COVID-19 Pandemic So Far
"Up to now, we haven't seen a severe drop in demand."
15 May 2020
Seaspan Orders Fuel Heating System for Eight Container Ships
Seaspan Orders Fuel Heating System for Eight Container Ships
Alfa Laval will install a steam boiler system on board eight of the company's container ships over the next two years.
15 May 2020
Weekly Vessel Scrapping Report: 2020 Week 19
Weekly Vessel Scrapping Report: 2020 Week 19
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 7 – May 13, 2020.
14 May 2020
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