World News

Crude Prices Take Another Dive

Analysts said to be pricing in a slowdown in the economy.

24 Dec 2018

Tanker Scrapping Hits Record High

100 crude carriers scrapped in 2018.

24 Dec 2018

No Rhyme or Reason Behind Friday's Crude Losses, Says Analyst

But as WTI tumbles to $45.59, Russia sees no need yet for an emergency meeting.

21 Dec 2018

Port State Control to Begin Warning Vessels Not Ready for IMO2020

Letters will be issued from January 1, 2019, one year ahead of the new global sulfur cap.

21 Dec 2018

Experts Say U.S. And OPEC Share a Common Need: Higher Oil Prices

The cartel especially needs higher prices to ward off widespread social unrest.

20 Dec 2018

Weekly Vessel Scrapping Report: 2018 Week 50

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 13 – December 19, 2018.

20 Dec 2018

More LNG-Fuelled Tonnage Ordered, Delivered

Steady as she goes for LNG bunkers.

19 Dec 2018

Real-World Use of Wind-Power Giving Better than Expected Bunker Savings

Flettner-Rotor could pay for itself within a few years.

18 Dec 2018

IMO 2020 Shaping Up to be Bad News for Small and Medium Sized Players

And a boon for the big guns.

18 Dec 2018

IMO to Develop Further Measures to Enhance Safety of Ships Using Fuel oil

In response to safety concerns associated with era of low sulfur fuel oil.

17 Dec 2018

Mercuria Back in Pole Position with Improved Offer to Buy Aegean

Oaktree / Hartree, having made a counter offer last week, are said to be "withdrawing from the contest."

17 Dec 2018

Crude Prices Resume Downward Spiral As Analysts Insist Bottom Is Near

Meanwhile, Russia says its output will rise, not fall, next year.

14 Dec 2018

2019 Oil Outlook: Disagreement Over Market Tightening, Consensus On US Dominance

Iran's Zanganeh, meanwhile, joins Trump on Twitter.

13 Dec 2018

Crude Gains Thursday, IEA Sees Suppliers Moving for $60 Floor

Meanwhile trader Andy Hall bets prices will rebound.

13 Dec 2018

Oaktree, Hartree Make Bid to Buy Aegean Marine

But proceedings stalled today as the pair look to replace Mercuria Energy Group as the bunker supplier's debtor-in-possession (DIP) lenders.

13 Dec 2018

Weekly Vessel Scrapping Report: 2018 Week 49

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 6 – December 12, 2018.

13 Dec 2018

Second 0.5% Sulfur Fuel oil Futures Contract to Launch Early Next Year

From Intercontinental Exchange and settled against Platts' prices.

13 Dec 2018

ExxonMobil IMO 2020 Talking Points 02: Port of Southampton [VIDEO]

Luca Volta, Marine Fuels Venture Manager, challenges John H. Whitaker (Tankers) to a game of table tennis.

12 Dec 2018

US Will Start 2019 as Top Oil Producer as Saudis Cut Output

Russia will make modest cuts in January, enhancing the U.S.'s might.

11 Dec 2018

Analysts See More Uncertainty, Volatility, and $60 Oil for 2019

Deteriorating economic outlook, not OPEC, is the focus for oil markets.

10 Dec 2018