World News

LNG-Fuelled Tanker Navigates Northern Sea Route
LNG-Fuelled Tanker Navigates Northern Sea Route
Sovcomflot's crude oil carrier first to do so, according to the company.
3 Sep 2019
Petrobras Beefs up Singapore Presence
Petrobras Beefs up Singapore Presence
With additional low sulfur fuel oil storage capacity.
3 Sep 2019
IMO2020: RAI 2020 Marine Fuel Availability Study Re-Boot
IMO2020: RAI 2020 Marine Fuel Availability Study Re-Boot
RAI takes a fresh look at its December 2017 study and updates it with the latest publicly available information.
3 Sep 2019
U.S./China Causes Crude Losses as Analyst Urges Traders to Focus Instead on Iran
U.S./China Causes Crude Losses as Analyst Urges Traders to Focus Instead on Iran
Helima Croft says Iran will hugely influence the crude market later this year.
2 Sep 2019
Crude Gains on the Week But Analysts Downgrade Price Forecasts
Crude Gains on the Week But Analysts Downgrade Price Forecasts
Meanwhile, experts fear Hurricane Dorian will impact short-term demand.
30 Aug 2019
IMO2020: Rollercoaster HSFO Prices Send Singapore VLSFO Premiums Under $85/mt
IMO2020: Rollercoaster HSFO Prices Send Singapore VLSFO Premiums Under $85/mt
But elsewhere during August 0.50% sulfur products hit close to $300/mt.
30 Aug 2019
LNG Bunker Lobby Grows its Ranks
LNG Bunker Lobby Grows its Ranks
Advocate groups SEA\LNG, SGMF, and The LNG Marine Fuel Institute all add members.
30 Aug 2019
IMO2020: Alternatives to All-In Pricing - Considering Options Beyond Legacy Rates Systems
IMO2020: Alternatives to All-In Pricing - Considering Options Beyond Legacy Rates Systems
For 2019 fuel and freight costs have generally been separated, a change initiated by carriers to improve their chances of recovering IMO 2020-related fuel costs.
30 Aug 2019
Oil Prices Rise Yet Again as Analysts Suddenly Optimistic About U.S./China Breakthrough
Oil Prices Rise Yet Again as Analysts Suddenly Optimistic About U.S./China Breakthrough
One analyst even predicts a rebound in demand for later this year.
29 Aug 2019
Weekly Vessel Scrapping Report: 2019 Week 34
Weekly Vessel Scrapping Report: 2019 Week 34
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 22 – August 28, 2019.
29 Aug 2019
Platts to Price LNG Bunkers
Platts to Price LNG Bunkers
To give more transparency to pricing the alternative bunker fuel.
29 Aug 2019
USCG, Caribbean MOU on Port State Control to Discuss IMO2020 Enforcement
USCG, Caribbean MOU on Port State Control to Discuss IMO2020 Enforcement
At next month's IBIA Caribbean Bunker Conference (ICBC).
28 Aug 2019
Cockett: Company Unaffected by Dubai "Irregularities"
Cockett: Company Unaffected by Dubai "Irregularities"
Events at Dubai office have led to legal action.
28 Aug 2019
Crude Rises on Fleeting Circumstances as Citigroup Predicts Three Years of Oversupply
Crude Rises on Fleeting Circumstances as Citigroup Predicts Three Years of Oversupply
Other analysts say prices are range bound until economic uncertainty ends.
27 Aug 2019
Monjasa Ups Tanker Ownership Ahead of IMO2020
Monjasa Ups Tanker Ownership Ahead of IMO2020
Five vessels will be deployed in the Arabian Gulf, West Africa, and Panama Canal markets.
27 Aug 2019
Oil Drops Again as Traders Shift from Worrying About China to a Breakthrough with Iran
Oil Drops Again as Traders Shift from Worrying About China to a Breakthrough with Iran
Now the worry is that the Islamic republic could over saturate the market with crude.
26 Aug 2019
LNG Bunker Lobby Questions Criticisms of Key GHG Study
LNG Bunker Lobby Questions Criticisms of Key GHG Study
SINTEF Ocean claim a well-to-wake GHG study used faulty assumptions has itself used faulty logic, says SEA\LNG.
26 Aug 2019
IMO2020: Market Continues to Wait for VLSFO Spot Pricing in Most Ports
IMO2020: Market Continues to Wait for VLSFO Spot Pricing in Most Ports
But early indications for IMO2020 grade material now available in some major ports.
26 Aug 2019
OIl Drops Moderately After Latest U.S./China Saber Rattling
OIl Drops Moderately After Latest U.S./China Saber Rattling
Experts debate the damage of a 5 percent tariff to the crude market.
23 Aug 2019
CMA CGM Makes LNG Bunkers Priority Fuel to Power Future Ships
CMA CGM Makes LNG Bunkers Priority Fuel to Power Future Ships
Says it will also not use not use the Northern Sea Route as part of its efforts to protect the environment.
23 Aug 2019