World News

Bimco Chides Refineries Over IMO2020 Prep

They could have done more to be ready, says organisation's head.

1 Jul 2019

Crude Post 20-25% Gain for First Half of 2019 As G20 Summit Commences

Meanwhile, CNBC credits massive U.S. production for helping to keep the world market stable.

28 Jun 2019

IMO2020: Global Scrubber Regs Database Launched

To "eliminate uncertainty around the operation of exhaust gas cleaning systems".

28 Jun 2019

IMO2020: Around 4,000 Scrubber Equipped Vessels by Jan 1

Accounting for 18% of global demand, says EGCSA

28 Jun 2019

Oil Prices Rise Modestly as All Eyes Focus on OPEC, G20 Summit

Analysts think the next few days will determine crude's near-term health.

27 Jun 2019

Weekly Vessel Scrapping Report: 2019 Week 25

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 13 – June 26, 2019.

27 Jun 2019

Ship Hire Rates Receive Scrubber Install Bounce

Rates edged up in June on reduced availability.

27 Jun 2019

Green Group Backs LNG Bunkers

But is less sure of the benefits of slower steaming.

26 Jun 2019

NSI Comments on Day of the Seafarer 2019

It is our colleagues at sea that are going to have to put into practice all our ideas and notions for IMO2020.

25 Jun 2019

IMO2020: Bunker Traders Coming Back in a Big Way

But post-2020, Majors/refiners will become the biggest physical suppliers while Independents/Commodity traders are set to lose out, says Tolson.

25 Jun 2019

Uneventful Day for Crude as Demand Concern Outweighs Geopolitics

West Texas Intermediate rose $0.47/bbl to $57.90 Monday, while Brent dropped back $0.34 to $64.86.

24 Jun 2019

IMO2020: Noncomplaince Does Not Mean Automatic Loss of P&I Cover, says Guard

There has been a long standing notion that non-compliance would render a vessel unseaworthy.

24 Jun 2019

IMO2020: Combine Your Buying Power, Don't Worry About Pricing, Shipowners Told

I think there's a feeling from some of the refiners that they've kind of got the shipping industry by hostage, says Freepoint Commodities' VP.

24 Jun 2019

IMO2020: Illiquid Markets and Group Buying Power

Why is the matching of illiquid markets with more liquid ones so profitable, and how can it help buyers in 2020?

24 Jun 2019

Fears of Military Action Against Iran Cause Crude Price Surge

But emerging good news about China and demand is relatively ignored.

21 Jun 2019

Refiners Assure on IMO2020 Grade Fuel Stability

Rigby Refining and ExxonMobil say stability out to a year is not a problem.

21 Jun 2019

Maersk Latest Carrier to Trial Carbon-Neutral Bunkers

Can serve as a transition solution to reduce CO2 emissions today, carrier says.

21 Jun 2019

Shippers Remain Unaware, Unprepared for IMO2020

Expect the market quite shaken for at least the initial year, says freight forwarder.

21 Jun 2019

Weekly Vessel Scrapping Report: 2019 Week 24

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 13 – June 19, 2019.

20 Jun 2019

Drone Shooting Boosts Oil Prices as Analysts Ponder Desperate Iran's Next Move

One expert says Iran is trying to jack up shipping insurance premiums.

20 Jun 2019