World News

Dan-Bunkering Plans to Continue Operating Without CEO

The company's leadership team works with Bunker Holding's commercial management to run the marine fuel supplier, according to a Bunker Holding spokesman.

7 May 2020

Bunker One Adds Barge in Caribbean

The M/T Lillo Swan, seconded from Uni-Tankers, has been stationed by Bunker One in Trinidad.

7 May 2020

Russian Far East Bunker Demand Collapses on Evaporating Price Advantage

Bunker demand in Primorsky Krai is heading for a total of about 1-1.5 million mt this year if current trends continue, down from about 3 million mt/year in previous years.

7 May 2020

Scorpio Tankers Postpones 19 Scrubber Installations

The company completed 13 scrubber installations in the first quarter, and has 16 scheduled for the second quarter, seven for the third and none in the fourth quarter.

6 May 2020

Coronavirus May Accelerate Digitalisation of Bunker Industry: IBIA

Barge and ship crews are finding ways of avoiding exchanging physical documents to avoid spreading the coronavirus.

6 May 2020

Tanker Owner DHT Holdings Postpones Scrubber Installations

The company now has scrubbers fitted to 13 of its VLCCs.

6 May 2020

Record Number of Boxships Take Longer Cape Route as Bunker Prices Slide

At least 20 sailings have taken the Cape route to the south of Africa on their way between Europe and Asia since the end of March, according to Alphaliner.

6 May 2020

Bunker Market Instability an Opportunity to Grow: Minerva Bunkering CEO

In the second part of Ship & Bunker's interview with Tyler Baron, the Minerva Bunkering CEO sets out how his company is reactiing to the current stresses hitting the bunker industry.

5 May 2020

DNV Sees Open-Loop Scrubber Payback Time at Four Years

The VLSFO-HSFO price spread at Rotterdam was at $56.50/mt on Monday and hit a record low of $26.50/mt on April 28, according to Ship & Bunker pricing, down from $298/mt at the end of 2019.

5 May 2020

Minerva Bunkering CEO Sees Sales Volumes Grow in Shrinking Market

In an interview with Ship & Bunker, Minerva CEO Tyler Baron sets out how his company is emerging from the Aegean Marine Petroleum restructuring process.

5 May 2020

Oil Prices On The Upswing As More Countries Reopen And Vaccine Trials Show Continued Promise

Meanwhile, the Saudis are headed for a massive GDP contraction.

4 May 2020

VLCC Bookings For Floating Storage Reach at Least 71: Argus

The 71 VLCCs are in addition to at least 31 Suezmaxes and 23 Aframaxes booked on similar terms

4 May 2020

Hapag-Lloyd Seeks Longer Bunker Credit Terms in Response to Coronavirus

Container shipping has been heavily affected by the economic shock from the crisis, with a large slice of global capacity left idle last month.

4 May 2020

S&B ANALYSIS: Bunker Hubs Showing Surprising Coronavirus Resilience

Buoyant demand at the world's largest bunker ports may be a result of them benefiting at the expense of smaller ports.

4 May 2020

IMO Postpones July Meetings

The meetings were of the IMO council, the subcommittee on implementation of IMO instruments and the joint IMO/ITU experts group on maritime radiocommunication matters.

1 May 2020

Green Marine Environmental Performance Rating Expands to Europe

The Green Marine label has been used in the US and Canada so far, with more than 140 shipowners, port authorities, terminal operators and shipyard managers participating.

1 May 2020

World Fuel Services Q1 Marine Profits Jump 68%, Warns of Tough Q2 Ahead

"I think people are going to be pretty careful in terms of how they do business and who they do business with," says Chairman and CEO Kasbar.

30 Apr 2020

Weekly Vessel Scrapping Report: 2020 Week 17

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 23 – April 29, 2020.

30 Apr 2020

Bunker Jobs: Credit Analyst, Singapore and Germany

Leading maritime due diligence, credit reporting and risk management consultancy services provider.

30 Apr 2020

Climate Bonds Initiative Sets out Shipping Stall

Draft criteria released to determine which parts of industry might qualify.

30 Apr 2020