World News

Integr8: VLSFO Calorific Value, Pour Point and Competitiveness with LSMGO

Buying bunker fuel generally means getting the best price while trying to avoid claims.

9 Jan 2020

Fizzled Fears of War Cause Huge Crude Price Plummet

Analysts now think crude market will be bearish in 2020.

8 Jan 2020

Alphaliner Sees 95 Container Ships Inactive for Scrubber Retrofits

The ships awaiting scrubber installations represent 68% of currently inactive container tonnage.

8 Jan 2020

Oil Jumps After Iran Attacks US Facilities in Iraq

"The concern is that this is just the sign of things to come," says ClipperData's Matt Smith.

8 Jan 2020

Oil Surges - But Fails to Spike - After Problematic Iran Strike Against U.S. in Iraq

Analysts agree prices will escalate in 2020 - but not for long.

7 Jan 2020

Maersk Tankers Spins Off Digital Business Targeting Fuel Efficiency

The business will primarily be selling its bunker management software to vessel owners and managers in the tramp shipping industry.

7 Jan 2020

Bomin's Paul Millar Sees Potential 20% Drop in Bunker Traders Operating by End-2020

Millar sees IMO 2020 driving some companies out of business, while mergers and acqusitions may hit others.

7 Jan 2020

Bimco Suggests IMO 2030 Carbon Reduction Target Should be Toughened

The IMO's initial strategy on GHG emissions reduction envisages a cut of at least 40% to carbon emissions per transport work by 2030.

7 Jan 2020

Danish Court Reveals Bunker Holding Charged in Dan-Bunkering Syria Case

A naming ban on the marine fuels group and its CEO was lifted by Denmark's Eastern District Court Monday.

7 Jan 2020

Skepticism of Iran's Ability to Strike Back at U.S. Causes Oil Prices to Steady

Still, experts think the conflict may still have significant economic impact.

6 Jan 2020

North P&I Club Sets Out Members' IMO 2020 Concerns

The P&I club expects to see "many more disputes" over bunker availability, quality, and sulfur content.

6 Jan 2020

Container Line CMA CGM Raises Low Sulfur Surcharge Value to $275/mt

The box ship operator had previously set a $200/mt surcharge applicable from December 1.

6 Jan 2020

Bunker Prices: Don't be Fooled by What you See at the Moment

The picture is being heavily influenced by panic and short term transitional logistical issues. The future is going to be very different.

6 Jan 2020

Oil Prices Jump on Killing of Iran's Military Leader; Retaliation And Even Peace Predicted

Meanwhile, Kilduff stresses there is still "a ton of spare capacity."

3 Jan 2020

IMO2020 Fuel Availability Concerns Fading

"From everything we're hearing availability is there," says ICS' Esben Poulsson.

3 Jan 2020

First 2020 Crude Trading Day Marked by Conflicting Geopolitical Sentiment

Meanwhile, analysts once again forecast the demise of U.S. shale.

2 Jan 2020

Weekly Vessel Scrapping Report: 2019 Weeks 51 & 52

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 19, 2019 – January 1, 2020.

2 Jan 2020

IMO2020 Rule Comes Into Force, Global Sulfur Cap for Marine Fuel Falls to 0.50%

A historic moment with a reach going well beyond the bunker and marine industries as the impact of the new rules is felt across the globe.

1 Jan 2020

Analysts Differ on Crude Outlook for 2020 as Benchmarks Log 35 Percent Gains

However, the current Iraq skirmish is dismissed as irrelevant to crude.

31 Dec 2019

Oil Achieves Biggest Yearly Rise Since 2016 - But Analysts Gloomy About 2020 Prospects

Experts insist a "tsunami of oil" will create myriad problems.

30 Dec 2019