World News

Weekly Vessel Scrapping Report: 2019 Week 29

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 18 – July 24, 2019.

25 Jul 2019

Crude Prices Drop as Traders Ignore Huge Inventory Draw

But OPEC may save the day yet by changing the way it gauges oversupply.

24 Jul 2019

WFS Ups Credit Facility Amid Rising Investor Confidence

Credit facility up to $1.8 billion, share price up 85% since December.

24 Jul 2019

New Group to Shed Light on Bunker Industry Diversity

Founder members of DSG include bunker supplier Peninsula Petroleum and shipowner Ardmore Shipping.

24 Jul 2019

Look out for the Credit gap, Says Tolson

"New suppliers" will not extend credit to all comers.

24 Jul 2019

Second Downed Drone Boosts Crude Prices, But Analysts Disagree On Market Conditions

They can't decide if a tightening or a surplus is in the cards.

23 Jul 2019

Scrubber Debate Healthy, but Persistent Criticisms "Just Plain Wrong"

Pacific Green offers counters to common arguments against the tech.

23 Jul 2019

Crude Traders Now Fear Supply Tightening Despite "Benign" Market Forecast

Meanwhile, money managers scramble to buy petroleum futures.

22 Jul 2019

ExxonMobil IMO 2020 Talking Points 04: WinGD, Winterthur [VIDEO]

ExxonMobil discusses the marine industry's readiness for IMO 2020 with WinGD over a game of shuffleboard.

22 Jul 2019

Global Miner Embraces LNG Shipping

For part of its transport needs.

22 Jul 2019

Singapore Bunker Business Benefitting from Middle East Tanker Trouble

At the expense of Fujairah.

22 Jul 2019

IMO2020: INTERCARGO Voices Discontent Over 0.50%S Supply

Says compliant fuels have so far been made available only in a limited number of ports and under unfavourable terms for voluntary early testing.

22 Jul 2019

Economic Worries - Not Iran - Cause Steepest Weekly Loss For Crude Since May

Experts say even outright war with Iran would only produce a temporary spike.

19 Jul 2019

IMO2020: Prepare for More Fuel Related Claims & Disputes, says Standard Club

If the charterparty is not clear, disputes could arise.

19 Jul 2019

Soaring U.S./Iran Tensions No Match for Crude Oversupply Worries as Prices Plummet Again

Experts think demand fears will continue to trump geopolitics this summer.

18 Jul 2019

Weekly Vessel Scrapping Report: 2019 Week 28

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 11 – July 17, 2019.

18 Jul 2019

More Losses For Crude as Higher Than Expected Gasoline Stocks Reported

But the Iran stance could cause a modest uptick soon.

17 Jul 2019

Alfa Laval Sees 5,000+ Vessels Getting Scrubber Retrofits

Firm Q2 order intake falls significantly, but in line with expectation.

17 Jul 2019

Potential Easing of U.S./Iran Tension Causes Crude to Plummet

Meanwhile, analysts predict another drop in U.S. crude stockpiles.

16 Jul 2019

IMO2020 BAF Checker Launched

To add some transparency to the upcoming hike in fright costs.

16 Jul 2019