World News

IMO2020: BIMCO Warns Over Blending Remaining HSFO Onboard Instead of Debunkering
IMO2020: BIMCO Warns Over Blending Remaining HSFO Onboard Instead of Debunkering
Problems can arise as the BDN is the legal proof of the bunker's sulfur content.
30 Dec 2019
Crude Gains For Fourth Consecutive Week While Russia Contemplates End of OPEC Cutbacks
Crude Gains For Fourth Consecutive Week While Russia Contemplates End of OPEC Cutbacks
Meanwhile, stocks draws a much higher than originally forecast.
27 Dec 2019
Strategy Review
Strategy Review
NSI's Paul Hardy looks back on the market predictions he made in he run up to 2020.
27 Dec 2019
Wall Street Gains Boost Crude Prices As Approval Over Trade Deal Continues
Wall Street Gains Boost Crude Prices As Approval Over Trade Deal Continues
However, one analyst is worried that the deal could derail.
26 Dec 2019
Christmas Cheer Positively Affects Crude; But Headwinds Remain
Christmas Cheer Positively Affects Crude; But Headwinds Remain
However, volatility is less than half compared to last year.
24 Dec 2019
Converting a Regulatory Compliance Nightmare of IMO2020 into a Global Leadership Opportunity
Converting a Regulatory Compliance Nightmare of IMO2020 into a Global Leadership Opportunity
It is hard to think of any other industry that has achieved this scale of regulatory transformation in recent times.
24 Dec 2019
Integr8: VLSFO Pricing & Availability Needs Careful Watching
Integr8: VLSFO Pricing & Availability Needs Careful Watching
Quoted VLSFO prices are now around $230-240/ton above HSFO.
23 Dec 2019
IMO2020: Bunker Suppliers Can Check if Vessels Permitted to Lift HSFO
IMO2020: Bunker Suppliers Can Check if Vessels Permitted to Lift HSFO
But have no requirement to do so.
23 Dec 2019
Yara Warns on Substandard Scrubber Materials
Yara Warns on Substandard Scrubber Materials
Poor quality metals and weld work can lead to leakages.
23 Dec 2019
IMO2020 Enforcement Likely to be Weak in Some Regions
IMO2020 Enforcement Likely to be Weak in Some Regions
But this should not discourage compliance, says IBIA director Unni Einemo.
23 Dec 2019
Crude Achieves Third Straight Weekly Gain Amid Signs of Healthy Demand
Crude Achieves Third Straight Weekly Gain Amid Signs of Healthy Demand
But at least one analyst thinks prices will continue to be range-bound in 2020.
20 Dec 2019
New Fuel Trader at Curoil
New Fuel Trader at Curoil
Zazz Kleine has already been with Curoil for almost two and a half years.
20 Dec 2019
IMO2020: Survey Highlights Huge Variance in Noncompliance Penalties
IMO2020: Survey Highlights Huge Variance in Noncompliance Penalties
Fines could be as high as $14,200 in China or $664,000 in Spain.
20 Dec 2019
Scrubber Washwater has "Small Impact" on Port Water Quality, Sediment, CE Delft Study Concludes
Scrubber Washwater has "Small Impact" on Port Water Quality, Sediment, CE Delft Study Concludes
Until now research has focused mainly on the use of scrubbers within open waters.
20 Dec 2019
More Crude Gains Due To Trade Deal, But Analysts Anxious For More Details
More Crude Gains Due To Trade Deal, But Analysts Anxious For More Details
Experts insist that the fragile gains made by crude could turn on a dime.
19 Dec 2019
Weekly Vessel Scrapping Report: 2019 Week 50
Weekly Vessel Scrapping Report: 2019 Week 50
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 12 – December 18, 2019.
19 Dec 2019
Crude Trading Tepid, But Promising Signs For Healthy 2020 Demand Persist
Crude Trading Tepid, But Promising Signs For Healthy 2020 Demand Persist
However, RBC warns that circumstances could easily shift to the negative.
18 Dec 2019
Industry Heavyweights Propose $2/mt Bunker Fuel Levy to Fund Climate Goals
Industry Heavyweights Propose $2/mt Bunker Fuel Levy to Fund Climate Goals
Would generate approximately $5 billion over a 10-year period to develop tech to meet IMO2050 GHG reduction target.
18 Dec 2019
IMO Signals Smooth Transition to Sulfur Rule Change
IMO Signals Smooth Transition to Sulfur Rule Change
New limit will remove 77% of sulfur from shipping's emissions.
18 Dec 2019
Interview With a Bunker Buyer: COFCO International Freight
Interview With a Bunker Buyer: COFCO International Freight
COFCO buys around 1 million tonnes of bunkers a year handling around 2,000 stems for around 600 vessels globally.
18 Dec 2019