World News

Maersk Puts Money Where its Mouth Is With $5 Billion Emissions-Linked Credit Facility
Maersk Puts Money Where its Mouth Is With $5 Billion Emissions-Linked Credit Facility
The company has secured the facility through a syndicated of 26 banks with a tenor of five years and the possibility of extending it for a further two.
26 Feb 2020
US Communications Firm Snaps up UK's Navigate PR
US Communications Firm Snaps up UK's Navigate PR
Move integrates emergency management and crisis communications functions of two firms.
26 Feb 2020
INTERVIEW: KPI Bridge Oil CEO Søren Høll Discusses OceanConnect Merger
INTERVIEW: KPI Bridge Oil CEO Søren Høll Discusses OceanConnect Merger
The merger was announced on Monday at the start of IP Week, after weeks of speculation in the industry that KPI's parent company Bunker Holding would acquire the company.
26 Feb 2020
High/Low Sulfur Differential to Narrow on Scrubber Demand
High/Low Sulfur Differential to Narrow on Scrubber Demand
Analyst sees differential moving from $200 to $100 by next year.
25 Feb 2020
Industry Bodies Launch IMO 2020 Fuel Quality Survey
Industry Bodies Launch IMO 2020 Fuel Quality Survey
The survey covers problems experienced so far with VLSFO and ULSFO.
25 Feb 2020
TFG Marine Lists Physical Supply Expansion Plans
TFG Marine Lists Physical Supply Expansion Plans
The company is currently active in West and South Africa, it said.
25 Feb 2020
IBIA Declares IMO 2020 Iceberg Avoided in Bullish IP Week Video
IBIA Declares IMO 2020 Iceberg Avoided in Bullish IP Week Video
The organisation praised the preparations made by the shipping and bunker industries to avoid disruption.
25 Feb 2020
Oil Enters Bear Territory As Coronavirus Builds In Other Countries
Oil Enters Bear Territory As Coronavirus Builds In Other Countries
But Kemp sees more scope for bullish long-building than further bearish selling.
24 Feb 2020
Tolson, Beekhuis, Capetanakis & Muhtaroglu Elected to IBIA Board
Tolson, Beekhuis, Capetanakis & Muhtaroglu Elected to IBIA Board
To serve a 3-year term.
24 Feb 2020
KPI Bridge Oil to Merge With OceanConnect Marine
KPI Bridge Oil to Merge With OceanConnect Marine
The combined company will operate under the name KPI OceanConnect.
24 Feb 2020
Sing Fuels Hires Former OceanConnect Manager in Overseas Expansion Push
Sing Fuels Hires Former OceanConnect Manager in Overseas Expansion Push
The new hire will work on developing Sing Fuels's presence in the West.
24 Feb 2020
Coronavirus Mutes Bunker Industry Presence at IP Week
Coronavirus Mutes Bunker Industry Presence at IP Week
Fears over the spread of the COVID-19 coronavirus after its outbreak in China have led to a range of parties being cancelled.
24 Feb 2020
Oil Down Again on Coronavirus Fears, Possibility Of OPEC Not Making Deeper Cuts
Oil Down Again on Coronavirus Fears, Possibility Of OPEC Not Making Deeper Cuts
Meanwhile, short selling of oil is rampant.
21 Feb 2020
VIEWPOINT: Calling All Small Bunker Traders: We Need You
VIEWPOINT: Calling All Small Bunker Traders: We Need You
The experiences of smaller traders need to be shared for everyone to get a clearer idea of how IMO 2020 is working out.
21 Feb 2020
Liberty Marine Fuels Hires New Senior Broker
Liberty Marine Fuels Hires New Senior Broker
The new hire will start work on March 1.
21 Feb 2020
New IBIA Chairman to Speak at Start of IP Week
New IBIA Chairman to Speak at Start of IP Week
This year's event may attract greater attention than usual as it comes at the start of IMO 2020.
21 Feb 2020
Former IMO Emissions Chief Sees Little Evidence for VLSFO Black Carbon Criticism
Former IMO Emissions Chief Sees Little Evidence for VLSFO Black Carbon Criticism
Edmund Hughes is the latest figure to join the debate over VLSFO black carbon emissions.
21 Feb 2020
Petrobras Sees 54% Jump in Fuel Oil Production in Q4
Petrobras Sees 54% Jump in Fuel Oil Production in Q4
Fuel oil output jumped to 249,000 b/d in the fourth quarter from 162,000 b/d in the same period a year earlier.
21 Feb 2020
More Gains For Crude As Analysts Send Contrary Signals On Impact Of Coronavirus
More Gains For Crude As Analysts Send Contrary Signals On Impact Of Coronavirus
Meanwhile, U.S. inventory builds are much lower than thought.
20 Feb 2020
Weekly Vessel Scrapping Report: 2020 Week 7
Weekly Vessel Scrapping Report: 2020 Week 7
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 13 – February 19, 2020.
20 Feb 2020