World News

Integr8 Fuels Sees 7% Drop in Bunker Demand
Integr8 Fuels Sees 7% Drop in Bunker Demand
The company said it may be another month before general oil demand starts to recover.
2 Apr 2020
Russian Exchange SPIMEX to Publish Bunker Export Prices
The prices will cover two grades of bunker fuel -- residual and low-viscosity -- and will be calculated in rubles per tonne.
2 Apr 2020
No Imminent Risk of IMO-Level Scrubber Ban, Says Former Emissions Chief
No Imminent Risk of IMO-Level Scrubber Ban, Says Former Emissions Chief
The restrictions on open-loop scrubbers at some ports are more of an operational risk than a financial one, says Edmund Hughes.
2 Apr 2020
Bunker Supplier TFG Marine Announces New CEO
Bunker Supplier TFG Marine Announces New CEO
TFG Marine is a new bunker supplier launched jointly by Trafigura, Frontline and Golden Ocean last year.
1 Apr 2020
IBIA on COVID-19: 'It's Business, Just Not as Usual'
IBIA on COVID-19: 'It's Business, Just Not as Usual'
IBIA is working on ways to provide alternatives to its training and events through online platforms while meeting in person remains unfeasible.
1 Apr 2020
FEATURE: Bunker Companies Slash Payment Terms
FEATURE: Bunker Companies Slash Payment Terms
Credit managers tell Ship & Bunker they have cut terms from 30 days to 15 for some customers, and to cash in advance for others.
1 Apr 2020
Singapore: Vitol Acquires Sinanju Tankers Holdings, Establishes Physical Bunker Supply Operation
Singapore: Vitol Acquires Sinanju Tankers Holdings, Establishes Physical Bunker Supply Operation
Sinanju's Singapore Bunkering license holding entity has been renamed Vitol Bunkers (S) Pte Ltd.
31 Mar 2020
Euronav to Write Down Value of its VLSFO Stockpile
Euronav to Write Down Value of its VLSFO Stockpile
Major tanker owner says it is currently using cheaper bunkers bought in the open market.
31 Mar 2020
Oil Rises On U.S./Russia Agreement As Virus Infection Rates Slow In Some Countries
Oil Rises On U.S./Russia Agreement As Virus Infection Rates Slow In Some Countries
Meanwhile, Iraq prepares to pump all-out.
31 Mar 2020
Global Oil Stocks Rising 10% a Month: Analyst
Global Oil Stocks Rising 10% a Month: Analyst
'As the petroleum market moves into massive surplus, storage has become the most scarce commodity in the industry.'
31 Mar 2020
Kiel Postpones Start of Cruise Season
Kiel Postpones Start of Cruise Season
Activity in the cruise industry is slowing down almost to a standstill with concerns over outbreaks on board ships.
31 Mar 2020
INTERVIEW: Former IMO Emissions Chief Edmund Hughes on 2020 So Far
INTERVIEW: Former IMO Emissions Chief Edmund Hughes on 2020 So Far
Hughes, who oversaw the IMO's emissions regulation policies for much of the last decade until last month, says the COVID-19 pandemic may be postponing the real impact of IMO 2020.
31 Mar 2020
Shipping Company Wallenius Wilhelmsen Appoints New CFO
Shipping Company Wallenius Wilhelmsen Appoints New CFO
A departure date for current CFO Rebekka Glasser Herlofsen will be announced later.
30 Mar 2020
Number of Ships to be Equipped with Scrubbers Hits 4,000: DNV GL
Number of Ships to be Equipped with Scrubbers Hits 4,000: DNV GL
It remains to be seen, however, if scrubbers will prove to be the compliance option of choice for more ship owners than today, firm says.
30 Mar 2020
Oil Down And More Hurt Coming, But Coronavirus Treatment Could Be "A Few Weeks" Away
Oil Down And More Hurt Coming, But Coronavirus Treatment Could Be "A Few Weeks" Away
Meanwhile, the Saudis seem bent on pumping full out.
27 Mar 2020
Weekly Vessel Scrapping Report: 2020 Week 12
Weekly Vessel Scrapping Report: 2020 Week 12
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 19 – March 25, 2020.
26 Mar 2020
Cruise Sector: Looking for a Safe Haven
Cruise Sector: Looking for a Safe Haven
Bunkers-only calls lending some support but outlook uncertain.
26 Mar 2020
VISWALAB WHITEPAPER: Excessive Liner Wear While Using the New VLSFO Fuels
VISWALAB WHITEPAPER: Excessive Liner Wear While Using the New VLSFO Fuels
Viswa Lab has so far received and tested over 20,000 number of VLSFO fuels. Out of tested VLSFOs, there are cases of abnormal cylinder liner wear in 12 cases.
26 Mar 2020
SEA\LNG Publishes Report on Biomethane
SEA\LNG Publishes Report on Biomethane
The LNG bunkering advocates presented the findings of a new report by CE Delft in a webinar Tuesday.
25 Mar 2020
V-TIC Insight: VLSFO Lessons from the Covid-19 Response
V-TIC Insight: VLSFO Lessons from the Covid-19 Response
"I find many parallels in how the fuel community is dealing with the challenges of the new fuels and how the global community is dealing with the virus."
24 Mar 2020