World News

Weekly Vessel Scrapping Report: 2019 Week 23
Weekly Vessel Scrapping Report: 2019 Week 23
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 6 – June 12, 2019.
13 Jun 2019
OW Bunker: Møller's Actions Not Criminal, Defence Lawyer Says
OW Bunker: Møller's Actions Not Criminal, Defence Lawyer Says
Ruling in his appeal case expected on Friday.
12 Jun 2019
Ammonia Touted as Good Candidate for a Future Bunker Fuel
Ammonia Touted as Good Candidate for a Future Bunker Fuel
If certain safety measures are included in the design of ammonia-fuelled vessels.
12 Jun 2019
Engine Monitoring Software can Reduce Fuel Consumption
Engine Monitoring Software can Reduce Fuel Consumption
ABB software can be dropped into a shipping company's regular IT system.
12 Jun 2019
Brightoil Facing Hong Kong Winding Up Petition in July
Brightoil Facing Hong Kong Winding Up Petition in July
The petition, served on May 17, 2019, states the Company is insolvent and unable to pay its debts.
12 Jun 2019
OW Bunker: Prosecutors Want Møller to Serve 5 Years
OW Bunker: Prosecutors Want Møller to Serve 5 Years
While Møller looks to be acquitted.
11 Jun 2019
Cruise Industry Responds to Latest Emissions Criticism
Cruise Industry Responds to Latest Emissions Criticism
CLIA suggests the picture that had been painted is not only unfair but lacks scientific merit.
11 Jun 2019
LR OKs Wind, LNG-Powered VLCC
LR OKs Wind, LNG-Powered VLCC
That also features an air-lubrication system.
11 Jun 2019
Crude Prices Drop Again As Experts Forecast a Gloomy 2020
Crude Prices Drop Again As Experts Forecast a Gloomy 2020
Bloomberg blames Trump for killing global economic growth - and crude demand.
10 Jun 2019
IMO2020: Fujitsu, Kongsberg says AI the Answer to Lower Bunker Bills
IMO2020: Fujitsu, Kongsberg says AI the Answer to Lower Bunker Bills
And meet emissions reduction targets.
10 Jun 2019
Third Weekly Loss for Crude Despite OPEC Nearing Agreement to Extend Cuts
Third Weekly Loss for Crude Despite OPEC Nearing Agreement to Extend Cuts
Critics reiterate the need for a trade deal between the U.S. and China.
7 Jun 2019
"K" Line Mulls Kite Sails for 50 Vessels
"K" Line Mulls Kite Sails for 50 Vessels
Latest firm to make a move to wind power.
7 Jun 2019
Top OW Bunker Management Welcomed Tankoil Debt, Says Møller
Top OW Bunker Management Welcomed Tankoil Debt, Says Møller
As part of his appeal this week against an 18-month jail term handed down for his role in 2014 OW Bunker bankruptcy.
7 Jun 2019
Crude Price Gains Viewed as Temporary Deviation, Not a Rebound
Crude Price Gains Viewed as Temporary Deviation, Not a Rebound
A trade deal with China must happen if oil is to recover, says Croft.
6 Jun 2019
Alfa Laval Takes Further Steps to Ease Transition to Closed-Loop Scrubbing
Alfa Laval Takes Further Steps to Ease Transition to Closed-Loop Scrubbing
Local bans on open-loop scrubbing have intensified the interest in hybrid scrubber solutions with closed-loop functionality, it says.
6 Jun 2019
Weekly Vessel Scrapping Report: 2019 Week 22
Weekly Vessel Scrapping Report: 2019 Week 22
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 30 – June 5, 2019.
6 Jun 2019
Monjasa Acknowledged for Bunker Supply Chain Vetting Efforts
Monjasa Acknowledged for Bunker Supply Chain Vetting Efforts
Assessment used to understand a supplier's risk level when considered for bunker supplies.
6 Jun 2019
Crude Inventories Defy Forecasts, Cause Yet Another Price Plunge
Crude Inventories Defy Forecasts, Cause Yet Another Price Plunge
But again, experts suggest the selloff is unjustified.
5 Jun 2019
IMO2020: Chevron VLSFO Coming to Market in Q3
IMO2020: Chevron VLSFO Coming to Market in Q3
Available for trials now.
5 Jun 2019
Shippers Group Says No to Slower Steaming
Shippers Group Says No to Slower Steaming
As a GHG reduction route.
4 Jun 2019