World News

VPS Identifies 40 Vessels With Engine Damage Using Combination of VLSFO and 40BN Lubricants

Abstract from VPS White Paper - Engine Protection for VLSFOs

14 May 2020

Few Ports With VLSFO Availability Problems: Minerva Bunkering CEO

In the third part of Ship & Bunker's interview with Tyler Baron, the Minerva Bunkering chief sets out his assessment of IMO 2020 so far.

14 May 2020

Oil Drops Slightly on Sentiment That Economy Will Take "Many Months" To Recover

However, data suggests demand is resurging as lockdowns ease.

13 May 2020

Repurpose Blue Economy in Covid-19 Downtime, Says WEF

Port electrification, retooling shipyards to build zero-emission ships covered in World Economic Forum post.

13 May 2020

Maersk's Bunker Consumption Drops by 7.5%

Total consumption slipped to 2.534 million mt in the first quarter, from 2.739 million mt in the same period of 2019.

13 May 2020

Ship & Bunker to Host "State of the Industry" Webinar Event

Henrik Zederkof (IBIA / Bunker Holding), Peter Sand (BIMCO), Adrian Tolson (Blue Insight), Paul Hardy (NSI), Steve Bee (VPS), and Robin Meech (Marine and Energy Consulting) to speak on May 26.

13 May 2020

Oil Resumes Gains On Signals That Market Rebalance Is Coming

Meanwhile, the 'back to normal' movement grows on several fronts.

12 May 2020

Too Early to Call 'Upward Trend' For Bunker Prices: Integr8

Very low sulfur fuel oil prices at the top four bunkering hubs rose by $25.50/mt in the week to Monday, according to Ship & Bunker's G4 index.

12 May 2020

Scorpio Bulkers Delays 13 Scrubber Installations

Scorpio has delayed the delivery of the emissions-cleaning systems until at least 2021.

12 May 2020

INTERVIEW: Stena Bulk Plans Biofuels Roll-Out After Successful Trial

In an interview with Ship & Bunker last month, Stena Bulk managers Peter Björkborg and Lars Malmbratt set out their company's view on the alternative fuels agenda in a time of low conventional bunker prices.

12 May 2020

Crude Down But Demand Continues To Grow As Lockdowns Ease

Meanwhile, J.D. Power thinks the auto industry is "firmly" in recovery.

11 May 2020

Scrubber Manufacturer Yara Marine Recommends Further Crew Training

The company has delivered more than 300 of its scrubber systems to shipping companies so far.

11 May 2020

Crude Demand Rebound Unlikely Before Land-Based Storage Fills Up: Ardmore

The company has recently made some bookings paying as much as $72,000/day.

11 May 2020

FEATURE: Large Bunker Sellers Relaxed About Credit Environment

The largest bunker sellers are making adjustments to credit conditions for some customers where necessary, but not drastically reevaluating their risk appetite.

11 May 2020

BIMCO Warns of Slow Recovery for Bunker Prices

In a research note published on its website Thursday, the industry body cited the recovery after the 2008 crisis as evidence that prices may not shoot up again rapidly.

8 May 2020

Third Tanker Company Postpones Scrubber Installations

The move follows announcements by DHT Holdings and Scorpio Tankers on Wednesday that they would postpone five and 19 scrubber installations, respectively.

8 May 2020

Crude Down Minimally As Analysts Agree The Worst Of The Lockdown Induced Demand Collapse Is Over

Meanwhile, China crude imports climb significantly.

7 May 2020

Weekly Vessel Scrapping Report: 2020 Week 18

ave you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 30 – May 6, 2020.

7 May 2020

Bunker One Expands West Africa Physical Supply Operation

Bunker One launched its West African operation in February, primarily supplying in Lome but also serving ports across the region from Ivory Coast to Gabon.

7 May 2020

Value of Euronav's Remaining VLSFO Stockpile Drops by $56 Million

The company said it would not need to write down the value of the fuel stockpile -- despite a previous warning that it would need to -- because current strength in the tanker market more than offsets its loss.

7 May 2020