World News

Residual Bunker Demand Could Recover to Today's Levels in 15 Years: Meech

For refining, not making further significant investment in residue destruction as a result of changing bunker demand patterns may well be right in the longer term.

24 Aug 2018

Crude Flat as China Tariffs Targets US Oil Products

Overnight, fears have again switched from a tight market to one of waning demand.

23 Aug 2018

Weekly Vessel Scrapping Report: 2018 Week 34

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 16 – August 22, 2018.

23 Aug 2018

IMO 2020: Shell Offering Trials of 0.50% Sulfur Bunkers in Rotterdam, Singapore and New Orleans

"We're giving customers an opportunity to test the new fuel to become more familiar with how the fuel performs in their vessels," says Shell's Melissa Williams.

23 Aug 2018

Shipowners Should Unite Over Good Fuel Quality, not Just Bad Bunkers: Muhtaroglu

"Most bunker buyers are price driven and quality unfortunately is secondary for them," the Energy Petrol CEO tells Ship & Bunker.

23 Aug 2018

IMO 2020: Analysts Lift HSFO Demand Projections After Uptick in Scrubber Interest

FGE believes 2020 HSFO demand could rise above 800,000 bpd.

23 Aug 2018

Oil Jumps as U.S. Continues to Talk Tough on Iran Exports

Meanwhile, Saudi Arabia reportedly calls off Aramco IPO

22 Aug 2018

Maersk May Invest "in a Few Scrubbers"

But only to understand the technology.

22 Aug 2018

Aegean Expands Board, Issues 30% Stake to Mercuria

The two parties have now also entered into an investor agreement as part of the latest steps in its $1bn trade finance deal.

21 Aug 2018

Crude Rises Again But Market Signals More Conflicting Than Ever

The experts are completely unable to agree upon what will happen with China and Iran.

21 Aug 2018

Bad Bunkers: What Can be Done to Protect a Shipowner's / Charterer's Fleet?

Taking a pro-active approach can save thousands of dollars in unnecessary expensive fuel testing cost / claims, writes Petro Inspect's Alex Tang.

21 Aug 2018

Crude Gains on Monday, but Bullish Sentiment Fading Fast

The net length in Brent has fallen to its lowest level for 55 weeks.

20 Aug 2018

China to Keep Buying Iranian Crude Despite U.S. Sanctions

Meanwhile, Iran again insists OPEC members aren't allowed to make up for the shortfall of its crude exports.

20 Aug 2018

Australia Bunkering to Re-Brand Under Dan-Bunkering

The Bunker Holding entities will merge on September 1.

20 Aug 2018

Hafnia: Legal Action Might be Needed Over Bad Bunker Time Bars

Some suppliers feel the time-bars are their 'get-out-of-jail-card', Peter Grunwaldt, Head of Bunkers at Hafnia tells Ship & Bunker.

20 Aug 2018

Box Shipping Players Call for More Innovation in Low-Emission Technology

CO2 emissions in 2017 continued to fall, but more needs to be done to meet IMO 2050 targets.

17 Aug 2018

Oil Markets: Saudis, Russia Again Send Signals That Geopolitical Strife Won't Affect Their Output

Russia's growing independence could render hostile U.S. sanctions near-ineffective.

17 Aug 2018

U.S. Crude Posts 7th Straight Weekly Loss With More Volatility Expected

Again, one expert thinks crude could drop to the $50s and rise to the $100s in a short time frame.

17 Aug 2018

Bilfinger: Scrubber Market Has "Huge Potential"

With orders to outfit 42 vessels "in the past weeks alone" firm expects "vigorous demand" for scrubbers that are a "practically competition-free product."

17 Aug 2018

Golden Ocean: 16 Scrubbers Ordered, Options for 9 More

"We are taking to optimize the fleet by installing scrubbers," says GOGL.

17 Aug 2018