World News

Clean Marine Brings Scrubber Retrofit Time Down to 30 Days
Clean Marine Brings Scrubber Retrofit Time Down to 30 Days
The company has recently retrofitted a VLGC with a hybrid scrubber in 30 days.
10 Mar 2020
Bunker Jobs: Brokers Wanted
Bunker Jobs: Brokers Wanted
Dubai, London, and worldwide remote positions are available.
10 Mar 2020
Historic Losses For Crude Point to U.S. Shale In Russia's Crosshairs, Say Analysts
Historic Losses For Crude Point to U.S. Shale In Russia's Crosshairs, Say Analysts
Meanwhile, IEA wants Saudis and Russia to abandon playing "Russian Roulette."
9 Mar 2020
S&B ANALYSIS: OPEC+ Collapse and COVID-19 Could be Perfect Storm for Bunker Suppliers
S&B ANALYSIS: OPEC+ Collapse and COVID-19 Could be Perfect Storm for Bunker Suppliers
Suppressed demand meeting rapidly increasing supply may mean trouble for smaller bunker suppliers.
9 Mar 2020
IEA Sees Global Oil Demand Falling for First Time in 11 Years
IEA Sees Global Oil Demand Falling for First Time in 11 Years
Global demand may drop by 90,000 b/d this year compared with 2019.
9 Mar 2020
Oil Price Collapses Overnight in Sharpest Intraday Loss Since 1991
Oil Price Collapses Overnight in Sharpest Intraday Loss Since 1991
Brent crude futures dropped as low as $31.02/bl, the biggest decline since the Gulf War in 1991, down from Friday's close of $45.27/bl.
9 Mar 2020
ANALYSIS: The Strange Death of 180 CST Fuel Oil
ANALYSIS: The Strange Death of 180 CST Fuel Oil
By January of this year 180 CST HSFO represented just 0.02% of total marine fuel demand in Singapore.
9 Mar 2020
Wallenius Wilhelmsen Sees COVID-19 Causing 20% Q1 Decline in Freight Volume
Wallenius Wilhelmsen Sees COVID-19 Causing 20% Q1 Decline in Freight Volume
The extent of the impact in the second quarter will depend on the rate of recovery in Asia, the spread of the virus and the reaction in the global economy, the company said.
6 Mar 2020
Euronav Buys Another Scrubber-Equipped VLCC
Euronav Buys Another Scrubber-Equipped VLCC
The company bought the ship, currently under construction at the DSME shipyard in South Korea, for $93 million.
6 Mar 2020
COVID-19 Freight Disruptions See Dry Cargo Shift Away From Boxships
COVID-19 Freight Disruptions See Dry Cargo Shift Away From Boxships
The virus outbreak has reportedly left parts of the world short of containers, causing a rise in boxship freight rates.
6 Mar 2020
WHITEPAPER: Stability and Compatibility issues with VLSFOs
WHITEPAPER: Stability and Compatibility issues with VLSFOs
Fuel users have a short time to make decisions on blending without having access to the incoming fuels, Viswa Lab writes.
6 Mar 2020
More Coronavirus Induced Losses For Crude As OPEC Comes Closer To Cutback Agreement
More Coronavirus Induced Losses For Crude As OPEC Comes Closer To Cutback Agreement
Russia's participation is crucial in the fight against impacted demand.
5 Mar 2020
Weekly Vessel Scrapping Report: 2020 Week 9
Weekly Vessel Scrapping Report: 2020 Week 9
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 27 – March 4, 2020.
5 Mar 2020
Wärtsilä to Divide Marine Business Into Three Independent Units
Wärtsilä to Divide Marine Business Into Three Independent Units
The company's financial reporting will reflect the new structure from the second quarter of this year.
5 Mar 2020
IFO180 Bunkers Fade from Global Spot Markets
IFO180 Bunkers Fade from Global Spot Markets
As a result, Ship & Bunker will stop publishing IFO180-related multi-market averages indices.
5 Mar 2020
Russian Reluctance To Combat Coronavirus Impact Causes Crude Losses
Russian Reluctance To Combat Coronavirus Impact Causes Crude Losses
Some analysts think OPEC cuts won't be enough to prop up the market.
4 Mar 2020
Coronavirus Puts Brakes on Industry Events
Coronavirus Puts Brakes on Industry Events
But bunkering's biggest gatherings of 2020 proceeding as planned.
4 Mar 2020
FOBAS: Large Bunker Quantity Shortages Encountered With VLSFO Fuels
FOBAS: Large Bunker Quantity Shortages Encountered With VLSFO Fuels
The contributory factors to this issue have varied from port to port.
4 Mar 2020
Biofouling Costing Bunker Buyers $30 Billion Annually
Biofouling Costing Bunker Buyers $30 Billion Annually
But it's the environmental cost that will drive tougher regulations on the matter.
4 Mar 2020
Consultants See 'Unprecedented Surge' in Short-Notice Scrubber Enquiries
Consultants See 'Unprecedented Surge' in Short-Notice Scrubber Enquiries
Foreship has seen "an unprecedented surge of enquiries on how exhaust gas cleaning systems can be fitted at short notice."
4 Mar 2020