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US Will Start 2019 as Top Oil Producer as Saudis Cut Output
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
Analysts See More Uncertainty, Volatility, and $60 Oil for 2019
Deteriorating economic outlook, not OPEC, is the focus for oil markets.
10 Dec 2018
Brent Drops Under $60/bbl, But Iraq Says Oil Deal Prevented Bigger Losses
Brent Drops Under $60/bbl, But Iraq Says Oil Deal Prevented Bigger Losses
Traders and analysts express grave concerns over OPEC's efficacy moving forward.
10 Dec 2018
BIMCO Publishes First IMO 2020 Clauses
BIMCO Publishes First IMO 2020 Clauses
For Time Charter Parties.
10 Dec 2018
Quadrise Taps Existing Investors for Cash
Quadrise Taps Existing Investors for Cash
In 'open offer' move with discounted shares.
10 Dec 2018
Silverstream Welcomes Change in Mindset on Air Lubrication Systems
Silverstream Welcomes Change in Mindset on Air Lubrication Systems
Expects growing demand as part of the mix of bunker and emission saving technologies.
10 Dec 2018
Bunker Prices Unusually High Relative to Crude as HFO Discount to Brent Disappears
Bunker Prices Unusually High Relative to Crude as HFO Discount to Brent Disappears
IFO380 in major ports Friday was $76/mt higher than expected based on historical norms.
10 Dec 2018
OPEC+ Agrees Oil Cut Deal
OPEC+ Agrees Oil Cut Deal
Crude seen heading to $70/bbl in Q3 2019.
7 Dec 2018
Rigid Sail Power Discussed in New Research Paper
Rigid Sail Power Discussed in New Research Paper
Wind power gaining momentum for modern vessels.
7 Dec 2018
Weekly Vessel Scrapping Report: 2018 Week 48
Weekly Vessel Scrapping Report: 2018 Week 48
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 29 – December 5, 2018.
7 Dec 2018
Elevated Feedstock VGO Could Play Swing Role
Elevated Feedstock VGO Could Play Swing Role
In refined oil products market post IMO 2020.
5 Dec 2018
IMO2020: EGCSA Makes Long-Term Environmental Case for Scrubbers, Calls for Industry Dialogue
IMO2020: EGCSA Makes Long-Term Environmental Case for Scrubbers, Calls for Industry Dialogue
Points to study suggesting scrubbers + HSFO better for the environment and human health than using "toxic distillates" alone.
5 Dec 2018
Cutback Deal Uncertainty Keeps Tuesday Crude Prices in Check
Cutback Deal Uncertainty Keeps Tuesday Crude Prices in Check
A no-deal outcome could wipe another $10 from crude, says Sen.
4 Dec 2018
OPEC Calls for Unity on Oil Cuts as Qatar Abandons Cartel
OPEC Calls for Unity on Oil Cuts as Qatar Abandons Cartel
Barclays believes Iraq may soon follow.
4 Dec 2018
Cost of IMO 2020 to MSC: $2 Billion
Cost of IMO 2020 to MSC: $2 Billion
Box shipping giant's estimate includes fleet improvements and fuel supply.
4 Dec 2018
Scrubber Critic Says Singapore Open-Loop Ban is a "Victory"
Scrubber Critic Says Singapore Open-Loop Ban is a "Victory"
Singapore is "among other major civilized ports" prohibiting open-loop scrubbers, says Tsakos.
3 Dec 2018
DHT Anticipating Stricter Rules on the Use of Scrubbers
DHT Anticipating Stricter Rules on the Use of Scrubbers
But still aims to have scrubbers on two-thirds of its 27-strong fleet.
3 Dec 2018
Scorpio Tankers Pushes Ahead with Open-Loop Scrubber Orders
Scorpio Tankers Pushes Ahead with Open-Loop Scrubber Orders
But they will be "hybrid ready" units.
3 Dec 2018
Saudi and Russia Disagreement Will Result in "Fudged" OPEC Summit: PVM
Saudi and Russia Disagreement Will Result in "Fudged" OPEC Summit: PVM
Analysts now think the cartel will fail to agree upon any meaningful production cutback.
30 Nov 2018
New Credit Manager at Island Oil
New Credit Manager at Island Oil
Kieran Michael Brown makes the switch from Bomin.
30 Nov 2018
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