World News

Near Future Sees Decline in U.S. Shale, a Fortified OPEC, and Natural Gas Dominating Energy Use

However, as with all analytical forecasts, each one of these outcomes may not materialize as expected.

11 Sep 2018

Safe Bulkers to put Scrubbers on Half of Fleet

Expects short pay-back on deal based on expected HFO/low sulfur price differentials.

11 Sep 2018

Chevron Updates Lubricants to Meet 0.5% Sulfur cap

New range available from next year.

11 Sep 2018

IMO 2020: Shipowner Concerns Over Bunker Quality Increasing

While recent "bad fuel" episodes puts spotlight on role of fuel testing.

11 Sep 2018

Hapag-Lloyd: Scrubber Tests to Take Place in 2019

But tech could only be an interim solution until the availability of low sulfur fuel increases.

11 Sep 2018

Start-Ups Seen Satisfying Rising 2020 Scrubber Demand

With excess shipyard capacity in China, we do not expect space to be a problem, says Goldman Sachs.

11 Sep 2018

US Crude Falls on Unexpected Hope That Iranian Output Problems May be Negated by Saudis, Russia

The losses also come amid more expectations of inventory builds.

10 Sep 2018

Tsakos Delivers Scathing Scrubber Assessment, Sees Very Good Chance of Open-Loop Ban

And rightly so, says TEN CEO and INTERTANKO Chairman.

10 Sep 2018

Stena Line Turns to AI to Cut Bunker Consumption

Goal to create a model precise enough that it would be the ultimate decision support system for the captain when planning each trip.

10 Sep 2018

Star Bulk to Install Scrubbers Across Entire Fleet

Work to be done before new sulfur cap starts.

10 Sep 2018

Bimco to Members: Get Moving on Fuel Management

Adoption of fuel management plan matter of urgency, says shipowners' body.

10 Sep 2018

Alfa Laval Moves to Guard Against Potential Open-Loop Scrubber Ban

Major scrubber player looking to give customers "room to adapt if tougher laws appear."

10 Sep 2018

Burning "Bad Bunkers" OK in Some Vessels but Not Others

But unlikely phenomenon is related to modern fuel systems, with WinGD telling Ship & Bunker affected systems "have been in use for 6 to ~50 years."

10 Sep 2018

Efficacy of China's ECAs Called into Question

ICCT finds an ECA needs to be at least 100 nm from the coast to be most effective.

7 Sep 2018

IMO 2020: Scrubber Uptake, HSFO Demand Being Underestimated, Says Goldman

3,125 scrubbers and 80% compliance means a drop in HSFO demand of just 50% in 2020 compared to 2017.

7 Sep 2018

Crude Prices Drop Again Despite Stockpile Decline

Meanwhile, Qatar is calling for increased investment in the oil and gas markets.

6 Sep 2018

Weekly Vessel Scrapping Report: 2018 Week 36

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 30 – September 05, 2018.

6 Sep 2018

OPEC Chief Bullish on Oil Demand, Pushes for Extended Partnership in Output Management

Mohammad Barkindo also dismissed allegations that the unity of his cartel is in tatters.

5 Sep 2018

Oil Prices Drop As Saudis Reportedly Aim For $70 to $80/bll Price Range

Demand has not proven to be as much as the kingdom had anticipated, says Reuters.

5 Sep 2018

Airbus Ro-Ro's to Get Kite Sails

The SeaWing automated kite systems are expected to improve fuel economy by 20%.

5 Sep 2018