World News

New Group Advocating for Scrubbers Using "Actual Experience, Data & Science"

Members are operating all over the world, including hundreds of ports, CSA2020 tells Ship & Bunker.

15 Oct 2018

IMO 2020: Number of Vessels With Scrubbers Installed or Ordered Jumps to 1,850

Number will "easily" reach 2,500 by 2020, says DNV GL.

15 Oct 2018

Crude Drops 4% On the Week, More Losses Friday as IEA Drops Demand Forecast

The agency also thinks global supply is healthy and could even go into oversupply in 2019.

12 Oct 2018

Weekly Vessel Scrapping Report: 2018 Week 41

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 4 – October 10, 2018.

11 Oct 2018

IMO 2020: Bunker Buyers Need to Shift from Thinking Fuel Procurement to Fuel Management, Says ExxonMobil

And it needs to be done on a per vessel basis, Luca Volta, ExxonMobil's Marine Fuels Venture Manager, tells Ship & Bunker.

11 Oct 2018

Price of a Cruise Could Rise on Costlier Fuel Post-2020

Sulfur cap change are strong distillate demand likely to push up prices.

11 Oct 2018

The Changing Nature of Benchmarking

We move from a market where the products people want to buy are by and large readily available, to one where only those with a heavily detailed plan can be sure they can buy what they want.

11 Oct 2018

Top Traders Highlight Oil Price Uncertainty with Trafigura and Others Forecasting Prices Anywhere from $65-$100/bbl

BP says the market should expect "extreme volatility" for oil prices.

10 Oct 2018

Bomin Dismisses Market Exit Rumour

Gossip likely stems from a misinterpreted internal email circulating the market.

10 Oct 2018

Star Bulk Scrubber Loan gets Green Stamp

Confirms to Green Loan Principles, says company.

10 Oct 2018

IMO2020: Bunker CEO Sees Higher Prices Presenting Credit Challenges

Liquidity seen as being a challenge for some players once the sulfur cap is in force.

10 Oct 2018

Navigating Through Complexity: IMO 2020 and Opportunities Created by Fuel Market Dynamics

Matt Muenster, Senior Manager of Applied Knowledge, Breakthrough, talks bunker prices, BAFs, compliance strategies and transparency.

10 Oct 2018

IEA Urges Producers to Pump More Oil as Brent Tops $85/bbl

Meanwhile, JP Morgan joins the ranks of experts sending inconsistent messages to traders.

9 Oct 2018

IMO 2020: Maersk's Scrubber Investment Not a Sign of Low Sulfur Supply Doubts

"All our indications point to the fact that compliant fuel will be available," Head of Maersk Oil Trading tells Ship & Bunker.

9 Oct 2018

Start Your IMO 2020 Tank Cleaning No Later then June 2019: Aderco

But begin planning for it now.

9 Oct 2018

ExxonMobil IMO 2020 Talking Points : 01 - Port of Hamburg [VIDEO]

Luca Volta, Marine Fuels Venture Manager, catches up with Tony Firmin, COO of Hapag-Lloyd, in the Port of Hamburg.

9 Oct 2018

Tighter Underwater Hull Cleaning Regs Risk Increasing Bunker Consumption, Emissions: BIMCO

BIMCO heading a working group to establish international standard to encourage more ports to allow the practice.

8 Oct 2018

Middle East Countries Ramp up Shipments to Offset Iranian Losses

Asia is sourcing more crude from the U.S. and West Africa, and oil tanker rates are surging.

8 Oct 2018

Crude Soft, But JP Morgan says Demand is Good

Meanwhile, Iran states yet again that other countries can't make up for its export shortfall.

8 Oct 2018

Low Sulfur Bunkers "Most Environmentally Friendly Solution" for IMO 2020: Hapag-Lloyd

Use of compliant fuel will be "the key solution" for Hapag-Lloyd to remain compliant in 2020.

8 Oct 2018