World News

Global Emergency Declaration Causes Tailspin In Crude Prices
Global Emergency Declaration Causes Tailspin In Crude Prices
However, ING says crude market could still swing into deficit this year.
30 Jan 2020
WinGD Develops Flexible Injector For Low-Density Bunker Fuels
WinGD Develops Flexible Injector For Low-Density Bunker Fuels
The design can work with low-density as well as conventional bunker fuels.
30 Jan 2020
Scrubber Demand Declined in the Fourth Quarter of 2019: Wärtsilä
Scrubber Demand Declined in the Fourth Quarter of 2019: Wärtsilä
Demand is falling from "exceptionally high" levels in the same period a year earlier.
30 Jan 2020
Algeria Suggests Bringing Forward Opec Meeting to Discuss Coronavirus Response
Algeria Suggests Bringing Forward Opec Meeting to Discuss Coronavirus Response
The next meeting may be brought forward to February.
30 Jan 2020
Oil Prices Mixed as Impact of Coronavirus Remains Unclear
Oil Prices Mixed as Impact of Coronavirus Remains Unclear
Meanwhile, the World Health Organization may issue a global alarm.
29 Jan 2020
Ascenz Joins Rise-X.IO in Offering Bunker Digitalisation Service
Ascenz Joins Rise-X.IO in Offering Bunker Digitalisation Service
The two companies aim to use digitalisation to optimise bunker fuel purchasing.
29 Jan 2020
Korean Register Publishes Technical Information on Ammonia as a Bunker Fuel
Korean Register Publishes Technical Information on Ammonia as a Bunker Fuel
Ammonia requires 4.2 times as much tank space as marine gasoil, according to the Korean Register's data.
29 Jan 2020
LNG Industry Groups Reviewing Anti-Gas Study 'In Depth'
LNG Industry Groups Reviewing Anti-Gas Study 'In Depth'
The new study claims LNG has a worse greenhouse gas impact than marine gasoil.
29 Jan 2020
ClassNK Sees Growing Role for Wind Propulsion in Marine Energy
ClassNK Sees Growing Role for Wind Propulsion in Marine Energy
The classification society has joined industry group the International Windship Association.
29 Jan 2020
Scrubber Retrofits Set to Increase in Extended Lunar New Year: Alphaliner
Scrubber Retrofits Set to Increase in Extended Lunar New Year: Alphaliner
The number of container ships left idle for scrubber retrofits stood at 84 on 20 January.
29 Jan 2020
Wall Street Causes Modest Boost in Oil Prices - But Coronavirus Fears Still Rampant
Wall Street Causes Modest Boost in Oil Prices - But Coronavirus Fears Still Rampant
Some experts warn that concerns of economic impact are overblown.
28 Jan 2020
Commodities Trader Trafigura Announces New Bunkering Arm
Commodities Trader Trafigura Announces New Bunkering Arm
TFG Marine PTE Ltd is the name of the new bunkering joint venture between Trafigura, Frontline and Golden Ocean.
28 Jan 2020
Bunker Holding Executive Promoted to COO of Parent Unit USTC
Bunker Holding Executive Promoted to COO of Parent Unit USTC
Nina Østergaard Borris joined USTC as COO on 1 January.
28 Jan 2020
VLSFO Shortage in Russian Far East
VLSFO Shortage in Russian Far East
Rail congestion caused by coal deliveries may be exacerbating the problem.
28 Jan 2020
Opec May Increase Production Cuts After Coronavirus Slump: Platts
Opec May Increase Production Cuts After Coronavirus Slump: Platts
Opec members are watching the market closely, a source told Platts.
28 Jan 2020
'Frankenstein Fuels': The Bunker Industry's Intensifying War of Words Over Emissions
'Frankenstein Fuels': The Bunker Industry's Intensifying War of Words Over Emissions
An environmental body labelling VLSFO blends 'Frankenstein fuels' is the latest evidence of fights over marine fuels getting more emotive.
28 Jan 2020
Rising Coronavirus Death Toll Causes Three Month Low Crude Prices
Rising Coronavirus Death Toll Causes Three Month Low Crude Prices
Analyst warns to expect erratic trading behaviour in the near future.
27 Jan 2020
Converting an Open-Loop Scrubber to a Hybrid is 'Simple': Yara Marine
Converting an Open-Loop Scrubber to a Hybrid is 'Simple': Yara Marine
The conversions could be done without the need for dry-docking.
27 Jan 2020
Fujairah VLSFO Prices Drop Below Singapore for First Time Since October
Fujairah VLSFO Prices Drop Below Singapore for First Time Since October
Fujairah VLSFO was last assesed below Singapore on 3 October.
27 Jan 2020
VIEWPOINT: New Ship Fuel Rule Could have Negative Health and Climate Impacts
VIEWPOINT: New Ship Fuel Rule Could have Negative Health and Climate Impacts
Fuel test results submitted to the IMO indicate the new blended IMO2020 fuels could overnight send ship-source black carbon emissions soaring.
27 Jan 2020