World News

FOBAS Alert: High Al+Si Fuels From Korean Ports

Samples tested from Ulsan, Yosu and Masan had catfines ranging between 80 to 90 mg/kg.

8 Oct 2018

Hapag-Lloyd Gives Details of its IMO 2020 Bunker Surcharge

The carrier hopes its Marine Fuel Recovery (MFR) mechanism will offset the expected $1 billion in additional costs it expects to face.

8 Oct 2018

IMO2020: Shift to Contract Sales

As players seek to secure supply.

8 Oct 2018

SIBCON 2018: A Tale of Two Bunker Industries

One is ready for IMO 2020; the other is ready to throw in the towel.

8 Oct 2018

Crude Trading Flat as J.P. Morgan Joins Analysts Who Predict Iran Supply Shock

Still, India set to buy Iranian oil is yet another indication that analytical fears may be overblown.

5 Oct 2018

Saudi Crown Prince: We Have Iran Crude Shortfall Covered

Mohammed Bin Salman also said the current high prices were more due to Libya, Venezuela, and other countries.

5 Oct 2018

IMO 2020: Bunker Buyers Seen Favouring Branded Fuels

Bunker quality is of growing importance.

5 Oct 2018

Major Marine Scrubber Player Expects Sales to Double in 2019

But it thinking about cashing in and selling the business.

5 Oct 2018

New Bunker Supply Chain Needed "in the Medium-Long Term"

We need a fundamental change in the way we fuel our ships, says Euronav's Paddy Rodgers, as Martine CEOs unite over IMO 2050.

5 Oct 2018

Genoil: We Converted IFO380 HSFO Bunkers into IMO 2020 Compliant VLSFO

2.01% sulfur IFO380 reduced to 0.39% sulfur.

5 Oct 2018

Oil Price Tumbles, but Market Still Sees Prices Briefly Reaching $100

Open positions and open interest in Brent and WTI have risen dramatically in recent weeks.

4 Oct 2018

IEA Echoes Trump In Calling for Crude Producers to Ease Supply Concerns

Meanwhile, analysts concede that high prices aren't sustainable.

4 Oct 2018

Weekly Vessel Scrapping Report: 2018 Week 40

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 27 – October 3, 2018.

4 Oct 2018

First Ship-to-Ship LNG Bunkering at Rotterdam

Also the first ship-to-ship bunkering of LNG by Shell's Cardissa.

4 Oct 2018

Cost of IMO 2020 Still a Major Unknown: Survey

A third of respondents say they have poor or very poor awareness and understanding of the new regulation.

3 Oct 2018

Russia Joins The Oil Price Blame Game, and Says OPEC+ Output Can be Quickly Raised

However, there are no plans to do so, says Iraq.

3 Oct 2018

Crude Hits New Highs, But Key Experts Downplay Talk of $100/bbl Oil

Unfortunately, some key experts have changed their minds repeatedly with regards to near-term forecasts.

3 Oct 2018

Charterers be Careful, says Maritime Lawyer

As off-spec fuel incidents mean contracts should be watertight, says HFW's Toby Stephens.

3 Oct 2018

GP Global Expands Bunkering Operations in 6 Markets

Announces 12 appointments to senior roles and plans to increase its bunker barge fleet after witnessing "exponential growth".

3 Oct 2018

Shell Announces Details of its IMO 2020 Bunker Fuel Availability

Singapore, Fujairah, Rotterdam, and Houston all among the supply ports for its VLSFO 0.50% sulfur product.

3 Oct 2018