World News

IMO Ready to Support PSC Regimes on Sulfur Cap Enforcement

Particularly in respect to capacity building and training.

26 Nov 2019

Crude Prices Rise Again - But Market Lethargy Baffles Analyst

Meanwhile, more evidence comes that demand is quite healthy.

25 Nov 2019

PRESS RELEASE: VPS Releases VLSFO Insights

Detailed monthly report covers key data and information associated with Very Low Sulphur Fuel Oils (VLSFOs).

25 Nov 2019 · Veritas Petroleum Services BV

Trader Now Selling More VLSFO than HSFO

"We're experiencing significant price and availability fluctuations in most ports," says KPI Bridge Oil CEO Søren Høll.

25 Nov 2019

Shipowners' Worst IMO2020 Fears are Materialising: EGCSA

Compliant fuel faces quality concerns, scrubber installs are facing delays, and the "level playing field" is at risk of distortion.

25 Nov 2019

SocGen Loses $96m After Demise of Singapore Bunker Supplier Inter-Pacific Petroleum

Concerns raised that banks could wind back financing to the marine fuel sector.

25 Nov 2019

Crude Down Again on China Concerns, But Analysts Think Market Fears May Be Unfounded

Some experts think we may even be heading into a tight crude market.

22 Nov 2019

Traders Ready Amid Tightening Credit Terms

"A massive mismatch exists and somebody will have to absorb it," say Sing Fuels.

22 Nov 2019

Integr8: Price Impacts on HSFO Already Well Underway; VLSFO & MGO Will be Next

Cargo prices have been in near free-fall and more than halved over the 2 months to mid-November

22 Nov 2019

Weekly Vessel Scrapping Report: 2019 Week 46

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 14 – November 20, 2019.

21 Nov 2019

RightShip Adds IMO2020 Compliance Assessment to Ship Database

Will also track serious incidents, detentions or non-compliance related to the new sulfur rules.

21 Nov 2019

Ship & Bunker Appoints Senior Bunker Price Analyst

Ramchandani previously worked for several years at Bunkerworld.

20 Nov 2019

Hyundai 23,000+ teu Box Ship to Feature Compact Scrubber

Continuing the trend of the technology featuring on the world's biggest ships.

19 Nov 2019

"Pessimistic" Beijing Causes Crude Prices To Drop Again

Meanwhile, hedge funds are scooping up new long positions.

18 Nov 2019

HKSE Seeks Assurances on Integrity of Brightoil Management

Has added the request as an additional condition for the resumption in trading of the firms shares.

18 Nov 2019

Bunker Suppliers Unlikely to be Paid Following TS Chartering Collapse

Firm has debts of $23.5 million, assets of $1,150.

18 Nov 2019

MSC Appoints Maersk's Soren Toft as CEO

As digitalisation and IMO environmental goals mean carriers and their customers face tests and opportunities, its says.

18 Nov 2019

Shell Makes $1b from Fuel Oil Trading as Players Cash in on IMO2020

There has been significant market volatility ahead of IMO2020.

18 Nov 2019

Impending China Deal, Larger Than Expected Crude Demand Growth Cause Oil Prices to Jump 2%

News of stock builds failed to dent trading optimism.

15 Nov 2019

IMO Edges Closer to Reducing Ship Speeds

This week's working group meeting ends favouring a goal-based approach to CO2 reductions.

15 Nov 2019