World News

IMO2020: NYK Looks to Lessen VSLFO Compatibility Issues
IMO2020: NYK Looks to Lessen VSLFO Compatibility Issues
With new additive.
24 May 2019
Crude Tumbles a Massive 5.7% on China Concerns
Crude Tumbles a Massive 5.7% on China Concerns
But one expert says the losses were simply due to too much inventory.
23 May 2019
DFDS Looks to Boost its Bunkering Transparency
DFDS Looks to Boost its Bunkering Transparency
Via BunkerTrust partnership.
23 May 2019
Weekly Vessel Scrapping Report: 2019 Week 20
Weekly Vessel Scrapping Report: 2019 Week 20
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 16 – May 22, 2019.
23 May 2019
Demand Fears Intensify as Crude Prices Plummet on Unexpected Inventory Build
Demand Fears Intensify as Crude Prices Plummet on Unexpected Inventory Build
One expert blames China for prices not rising more dramatically.
22 May 2019
U.S, China Tariff War - Not Iran Enriching Uranium - Sways Crude Trading
U.S, China Tariff War - Not Iran Enriching Uranium - Sways Crude Trading
Meanwhile, RBC suggests that market tightening can easily be rectified.
21 May 2019
IMO2020: Shipowners / Operators Still Have Disproportionate Responsibility for New Sulfur Cap, says Greece
IMO2020: Shipowners / Operators Still Have Disproportionate Responsibility for New Sulfur Cap, says Greece
"At least now have some useful tools in hand which will hopefully help towards achieving a smoother implementation process," says UGS' Veniamis.
21 May 2019
Trump Snub Causes Modest Crude Price Gains
Trump Snub Causes Modest Crude Price Gains
But J.P. Morgan sees prices eventually plummeting to $60 per barrel.
20 May 2019
Crude Ends on Weekly Gains As Hard Evidence Suggests a Market Tightening
Crude Ends on Weekly Gains As Hard Evidence Suggests a Market Tightening
Still, OPEC's ongoing output cuts also suggest an abundance of supply.
17 May 2019
21 Cruise Ships Set to be Powered by LNG Bunkers
21 Cruise Ships Set to be Powered by LNG Bunkers
But opinion on environmental positives clouded by mixed messages and divided opinion.
17 May 2019
IMO2020: IMO Completes Enforcement Guidelines
IMO2020: IMO Completes Enforcement Guidelines
Associated draft amendments to MARPOL Annex VI have also been approved.
17 May 2019
MEPC 74: Shipping Industry, NGOs Offer Opposing Assessments of GHG Progress
MEPC 74: Shipping Industry, NGOs Offer Opposing Assessments of GHG Progress
ICS says industry is on track for IMO2030 target, NGOs say they are appalled at lack of ambition.
17 May 2019
MEPC 74: IMO Agrees to EEDI Changes, but No Speed Limits
MEPC 74: IMO Agrees to EEDI Changes, but No Speed Limits
But the proposal remains on the table.
17 May 2019
Weekly Vessel Scrapping Report: 2019 Week 19
Weekly Vessel Scrapping Report: 2019 Week 19
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 9 – May 15, 2019.
16 May 2019
IEA "Modestly" Downgrades Crude Demand as Market Becomes Inured to Geopolitical Tension
IEA "Modestly" Downgrades Crude Demand as Market Becomes Inured to Geopolitical Tension
Not even the latest from Iran could sway Wednesday trading.
15 May 2019
NYK, J-ENG to Test Biofuel Bunkers
NYK, J-ENG to Test Biofuel Bunkers
As a route to decarbonization.
15 May 2019
IMO Behind Global Project to Reduce Shipping's Carbon Footprint
IMO Behind Global Project to Reduce Shipping's Carbon Footprint
Tie up with Norway to focus on developing states.
15 May 2019
IMO2020: The Unexpected Consequences of Legislation
IMO2020: The Unexpected Consequences of Legislation
If the bold move had been made for a strict 0.10% limit there would have been a number of benefits.
15 May 2019
Crude Jumps on Rising Terrorism Fears in Middle East
Crude Jumps on Rising Terrorism Fears in Middle East
However, one analyst says reports of sabotage are overblown.
14 May 2019
No Time Left to Install a Scrubber Ahead of IMO2020
No Time Left to Install a Scrubber Ahead of IMO2020
But for those still considering them, price of fuel and whether or not open loop scrubbers are acceptable are the main issues, says CROE CEO Nick Confuorto.
14 May 2019