World News

IMO2020: Shell Offering 0.50%S VLSFO Trials
IMO2020: Shell Offering 0.50%S VLSFO Trials
In key ports to help customers prepare for the new sulfur cap.
14 May 2019
TORM Ups Scrubber Orders
TORM Ups Scrubber Orders
Tech to feature on around half its fleet.
14 May 2019
Environmental Groups Highlight Scrubber Malfunction
Environmental Groups Highlight Scrubber Malfunction
And call for moratorium in letter to IMO secretary-general.
14 May 2019
New Hire at Glander
New Hire at Glander
Bunker risk manager to develop forward pricing offer in run up to IMO2020.
14 May 2019
INSIGHT: How Will Ship Speed Limits Impact Global Bunker Demand
INSIGHT: How Will Ship Speed Limits Impact Global Bunker Demand
Speed limits could also introduce new logistical considerations for the bunker industry.
14 May 2019
IMO2020: Belships Bets on $198/mt+ HSFO / VLSFO Spread
IMO2020: Belships Bets on $198/mt+ HSFO / VLSFO Spread
Has hedged 24,000 tonnes of bunkers.
13 May 2019
China Retaliation Spooks Traders While Pompeo Suggests Geopolitical Fears Are Overblown
China Retaliation Spooks Traders While Pompeo Suggests Geopolitical Fears Are Overblown
Still, some fear that production capability may soon fall below demand.
13 May 2019
IMO2020 Compatibility Problems Overstated, Tests by Bunker One Conclude
IMO2020 Compatibility Problems Overstated, Tests by Bunker One Conclude
Supplier runs the numbers and concludes they will probably not be worse than what we already experience today in ECAs or worldwide in the past.
13 May 2019
IMO2020: Trafigura Sees Industry Facing the 350 / 350 Problem
IMO2020: Trafigura Sees Industry Facing the 350 / 350 Problem
But its dislocations at the local, port-by-port level that creates the volatility, says Ben Luckock, co-head of oil trading.
13 May 2019
Traders Eye $100+ Crude Prices After Volatile Week
Traders Eye $100+ Crude Prices After Volatile Week
But prices see little change Friday.
10 May 2019
Slow Steaming Saves Money, IMO Told
Slow Steaming Saves Money, IMO Told
Despite causing a rise in non-fuel related costs.
10 May 2019
67% of Shippers Not Ready for IMO2020: Bloomberg
67% of Shippers Not Ready for IMO2020: Bloomberg
65% of refiners also not ready.
10 May 2019
IMO2020: Industry Needs Clarity on Scrubber Rules, says Trafigura
IMO2020: Industry Needs Clarity on Scrubber Rules, says Trafigura
"If you get the rules, you can live by the rules."
10 May 2019
China/U.S. Tensions Cause More Crude Losses, But Kilduff Says Iran is a Bigger Threat to Prices
China/U.S. Tensions Cause More Crude Losses, But Kilduff Says Iran is a Bigger Threat to Prices
Still, both supply and demand appear to be well-balanced.
9 May 2019
Weekly Vessel Scrapping Report: 2019 Week 18
Weekly Vessel Scrapping Report: 2019 Week 18
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 2 – May 8, 2019.
9 May 2019
Wildly Wrong Forecast Causes Crude Prices to Rebound, But Worry Over China Persists
Wildly Wrong Forecast Causes Crude Prices to Rebound, But Worry Over China Persists
Analysts now believe prices will drop to the $60s because of Iran.
8 May 2019
MAN Up for Sale: Sources
MAN Up for Sale: Sources
Marine Engine Manufacturer expected to be valued at around €3 billion.
8 May 2019
Industry Conservatives to Blame for Lack of Action on Shipping GHGs: Louis Dreyfus Armateurs
Industry Conservatives to Blame for Lack of Action on Shipping GHGs: Louis Dreyfus Armateurs
French owner backs mandatory speed limits for ship.
8 May 2019
Fear of Weakening Demand Causes More Crude Losses Despite Global Thirst for Oil
Fear of Weakening Demand Causes More Crude Losses Despite Global Thirst for Oil
Europe, Africa, and Asia are paying big premiums for extra supply.
7 May 2019
Owner Signs up Four More Vessels for Bunker Saving Hull Coatings
Owner Signs up Four More Vessels for Bunker Saving Hull Coatings
Team Tankers International makes move after a 40-month trial.
7 May 2019