World News

Hapag-Lloyd Signs Deal for World's First Conversion of ULCV to Burn LNG Bunkers

With Shanghai-based shipyard Huarun Dadong Dockyard.

6 Feb 2019

IMO2020: FIS Looks to Establish December Premium for 0.50%S VLSFO of $200

In first trade on Platts' Singapore FOB Marine Fuel 0.5% futures contract.

5 Feb 2019

"Fog" Surrounds Performance of low Sulfur Fuels

Price reporting agency Argus Media says that low sulfur fuel trial results are not widely known.

5 Feb 2019

EIA: US can Expect Moderate Growth in LNG Bunkering

Lack of infrastructure will hinder take up of alternative fuel.

5 Feb 2019

Dorian LPG Confident on its Scrubber Strategy, Indifferent on Open-Loop Bans

"I'm not sure it's in our interest to convince everybody to put scrubbers in," says CEO alongside orders for 3 more units.

5 Feb 2019

"Nightmare" Crude Market Posts Losses Due to Decline in U.S. Goods Demand

But Venezuela's woes mollified traders somewhat.

4 Feb 2019

Recovering Full IMO 2020 Costs Seen as Tough

Some see IMO 2020 as a cover for freight-rate increases, while tanker operators may have an easier job ahead of them than box carriers.

4 Feb 2019

Fratelli Now Expecting Most to Comply with IMO 2020 Rule

Previously expected widespread non-compliance.

4 Feb 2019

Outspoken Scrubber Sceptic Paddy Rodgers to Step Down as CEO of Euronav

After 18 years with the tanker owner.

4 Feb 2019

Hedging Tool Takes Aim at Sulfur Cap Uncertainty

Enerjen Capital to issue notes to fund "hedge basket" ahead of IMO2020 deadline.

4 Feb 2019

U.S. Job Growth Drives More Gains for Crude

But the analytical community is divided over what will happen next.

1 Feb 2019

Brightoil Issues Profit Warning, Says Debts Are Around USD $1.9 Billion

Reduced bunker volumes and depressed freight rates behind an expected $57.6 million loss for the six months ended December 31, 2018.

1 Feb 2019

Alfa Laval Reflects on Industry's Shifting Attitude on Scrubbers

"Ten years ago, there were many who didn't think SOx scrubbers were feasible," says Sales Director Erik Haveman.

1 Feb 2019

IBIA INSIGHT: Facts and Fears in the Open Loop Scrubber Debate

Recent local bans on washwater discharges from open loop systems have increased a widespread misconception that there are no safeguards against their environmental impact.

1 Feb 2019

Oil Market Roundup - Thursday Week 5

Despite declines, crude on Thursday posts its best January ever.

31 Jan 2019

Weekly Vessel Scrapping Report: 2019 Week 4

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 24 – January 30, 2019.

31 Jan 2019

Batteries Have Power to Transform Cruising

Norwegian cruise operator upbeat on battery development.

31 Jan 2019

INSIGHT: Is Maersk Oil Trading Emerging as One of the World's Biggest Physical Bunker Suppliers?

A big jump in Singapore bunker sales, driven primarily by third party business, comes alongside a clear change in message.

31 Jan 2019

INTERVIEW: Tried-and-Tested Practice Will Avoid Most IMO2020 Pitfalls

Paying attention to quality control best way to deal with multi-fuel market, says former marine engineer and consultant Chris Dyson.

30 Jan 2019

Impact of Open-Loop Scrubber Bans is Minimal: Wartsila

"if you look at the total operational profile, it's just a small part that would operate in these areas," says Roger Holm, EVP & President, Marine Business.

30 Jan 2019