World News

Standard Club Warns on FONAR Uncertainty Ahead of IMO 2020

"Many will hope that states will be more lenient during the initial period following January 2020," the Club says.

13 Feb 2019

Scrubbers Advocacy Group Attracts More Members

Genco Shipping & Trading Limited and International Seaways are among four new CSA2020 members.

13 Feb 2019

Crude Prices Rise on OPEC Slashing Output - But Cartel Warns of Headwinds

Meanwhile, BP takes contrary view that a crunch may be approaching.

12 Feb 2019

IMO2020: Scorpio Tankers Eye $100M+ Annual Bunker Savings from Scrubbers

Assuming scrubbers do no operate during any port activities or in ECA waters.

12 Feb 2019

Wilhelmsen, Hitachi Partner on IMO2020 Compliance Testing Equipment

Lab-quality testing in seconds will soon become an operational necessity for crews, and authorities alike, says Wilhelmsen.

12 Feb 2019

IMO2020: Another Owner Says Scrubber Bans Have No Economic Impact

"When we did our calculation on scrubbers we did not take into account port time at all," says Star Bulk CEO Petros Pappas.

12 Feb 2019

Signs of a Sluggish Start to IMO2020 Compliance Persist

And the root cause continues to be a lack of clarity over enforcement.

12 Feb 2019

Rig Count Fears Beat Bullish Sentiment and Cause More Crude Losses

Analyst says the U.S./China situation will also inform prices moving forward.

11 Feb 2019

Bomin Hit with $1M Claim Following Alleged Faulty Fuel Incident

To cover cost of detour, loss of cargo value.

11 Feb 2019

Bunker Suppliers and Buyers Both Need to Do Their Part for Successful IMO2020: ICS

IMO 2020 is also just the start of more profound changes to come.

11 Feb 2019

Proving Bunker Fuel Provenance of Growing Importance

Driven by operational, environmental, and political needs.

11 Feb 2019

Synthetic Bunker Fuel Can Reduce CO2 Emissions Where Electrification Not Possible: MAN

Especially in the case of container ships.

11 Feb 2019

Overly Jittery Crude Traders Cause Steepest Weekly Loss of 2019

But support may come if the waivers against the Iranian sanctions aren't renewed.

8 Feb 2019

Vessel Retrofit will Enable Battery-Powered Port Manoeuvres

Hybrid propulsion system will allow the cargo ship to sail in and out of harbour on electric power.

8 Feb 2019

Europe Calls for Urgent Update and Harmonization of Scrubber Rules

Rules should be fit for purpose, and harmonized so the industry is not forced to deal with a patchwork of regional regulations.

8 Feb 2019

True Motives of Scrubber Debate Called into Question

There are two camps against scrubbers, says DHT's Harfjeld, ones who haven't got the money to do it, or the other camp that came way too late for the party.

8 Feb 2019

DHT: Scrubber Bans Were No Surprise, Have No Impact

Our assumptions and our configuration was in anticipation of countries implementing stricter rules related to the use of scrubbers, says Co-CEO Harfjeld.

7 Feb 2019

Weekly Vessel Scrapping Report: 2019 Week 5

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 1 – February 6, 2019.

7 Feb 2019

IMO2020 Research: Compliance 85%, Scrubbed Fuel Tenth of Total

Research house Woodmac runs the numbers on coming marine fuel sulfur cap.

7 Feb 2019

Less Than Expected Inventory Buildups Trigger Crude Price Gains

But observers say the real driver of bullish sentiment will be an end to the U.S./China hostilities.

6 Feb 2019