World News

Crude Flat on Conflicting Worries as Goldman Forecasts Range Bound 2020

Meanwhile, one lone expert thinks the crude market is oversold.

8 Jul 2019

New MDs at UFS

Following recent passing of former MD Holger Pommer.

8 Jul 2019

Fujairah: Bunker Demand Under Pressure

Increased tension in region and higher insurance premiums detering ship calls, traders say.

8 Jul 2019

IMO 2020: Current Futures Prices and Refiner Processing Options

Shipowners will likely start purchasing IMO 2020-compliant marine fuel in the next three months.

8 Jul 2019

Fear Dominates Crude Trading Yet Again Despite Good Economic News

Meanwhile, Shell predicts the rise of hydrogen fuel cells in the next decade.

5 Jul 2019

Do Not Forget Lube Cost Factor for IMO2020 Fuel Switch: Shell

Optimizing this process can lead to significant savings, company says.

5 Jul 2019

New Mega-Battery Install a Fresh Sign of Future Marine Power Trends

"It's clear now that if shipowners are willing to go green, the technology exists," says marine battery manufacturer Corvus.

5 Jul 2019

Industry Insight: IMO 2020 Creates Legal Stress Points

If ship operators have not undertaken internal fuel-related risk assessments based on expert advice, we recommend that they do so as soon as possible, writes CJC's Ian Short

5 Jul 2019

Calls for Owners to Pool Bunker Buying Power Grow Louder

Especially in 2020, this makes a lot of sense we feel, says Hafnia Management VP, Peter Grünwaldt.

5 Jul 2019

Louis Dreyfus Armateurs Joins Push for Wind Power

We are very excited by the development of wind solutions as a key answer to the decarbonisation challenges, LDA President says.

4 Jul 2019

Q2 Newbuild Orders Slide to Record Low

Bulkers lead the decline, falling 73% for H1, according to data from VesselsValue.

4 Jul 2019

Weekly Vessel Scrapping Report: 2019 Week 26

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 27 – July 3, 2019.

4 Jul 2019

Bomin MD Jan Christensen to Join Hapag-Lloyd

Effective next month.

4 Jul 2019

Feedstocks Values Rise on IMO2020 Related Demand

Increased competition from shipping has shaken up market, say analysts.

4 Jul 2019

Performance of 0.5% Sulfur Fuel in Asian Market 'Generally Good', Says VPS

Users of low sulfur fuels in the market where they are commercially available have had few complaints.

4 Jul 2019

ExxonMobil to Brand its IMO2020 Grade Bunkers as EMF.5

To help stand out from a crowd of un-described VLSFO, says Luca Volta.

3 Jul 2019

LNG, Rigid Sail, Solar Power Feature in New IMO2030-Focused Bulk Carrier Design

EEDI said to be half of comparable vessels.

2 Jul 2019

Oil Prices Plummet Despite OPEC Extension, Russian Cutbacks

But one expert thinks prices could "easily" climb to $75 shortly.

2 Jul 2019

Redouble IMO2020 Bunker Supply Efforts: ICS

Uncertainty remains about the worldwide availability of safe and compliant low sulfur fuels, the association says.

1 Jul 2019

COSCO Shipping Goes for More Scrubber Retrofits

The retrofit project for 10 vessels will take place in 2019.

1 Jul 2019