World News

Rise in Tankers Going for Scrap

As high steel price and looming fuel cost rise make demolition attractive to operators.

2 Aug 2018

Scrubber Surge Unlikely to mop up Excess Fuel oil Demand Post-2020

Even though scrubber order are on the rise, says Argus Media.

2 Aug 2018

Bunker Sulfur Regs Compliance: PSC Inspection Campaign to Target 10,000 Ships

The results of the campaign will be analysed and findings will be presented for submission to the IMO.

1 Aug 2018

Product Tanker Players Bullish for 2019 as Market Readies for IMO2020

No industry better than the product market that will gain in terms of demand from 2020, says Scorpio's Robert Bugbee.

1 Aug 2018

Modest U.S. Output Growth in June Viewed by Media as Harbinger of Further Shortfalls

This despite all indications that the Americans will post huge output into 2019.

1 Aug 2018

Crude Posts More Losses as Kuwait Declares Market to be Entering a "Very Stable Stage"

Kuwait is among a host of countries boosting output to compensate for shortfalls elsewhere.

1 Aug 2018

Scorpio Continues to Warm to Scrubbers

"We haven't discounted the possibility at all," says COO.

1 Aug 2018

LNG Bunker Tanker Tally Climbs to Double Digits

If ships on order are included.

1 Aug 2018

New Bunker Trading Platforms: What Are They Doing for Buyers?

It is interesting to note a number of new platforms being developed by trading companies and brought to the market, NSI's Paul Hardy writes.

1 Aug 2018

Crude Posts Biggest Monthly Loss in 2 Years on Deflating Geopolitical Tensions, Increasing Output

But Tehran insists that skyrocketing prices lie ahead due to Donald Trump.

31 Jul 2018

Bunker Prices Predicted to Rise 25% in 2018

Gains will squeeze box carriers' thin profit margins, says Scope.

31 Jul 2018

Carnival to Build Two More LNG-Powered Cruise Ships

Vessels will be Princess Cruises' first to be powered by gas.

31 Jul 2018

Fuel Cell Technology: Part of Shoreside Power Debate

ABB/Ballard agreement could open up new line in curbing port emissions.

31 Jul 2018

IMO 2020 & IMO 2050: How Did We Get Here and What is it We Really Need to Do?

Let's invest wisely in technology that can get the shipping industry beyond 2050, Ian Adams writes for Ship & Bunker.

31 Jul 2018

Crude Market Tightening Concerns Send US Crude Back Over $70/bbl

This despite OPEC posting massive output figures for July.

30 Jul 2018

EGSA: Scrubber Orders Rapidly Accelerating

Orders in May alone accounted for 4.5% of all scrubbers units.

30 Jul 2018

Port of Rotterdam Seeks $33 million Over Bunker Spill from "Unseaworthy" Tanker

The legal proceedings came to light after a complaint was filed last week in the U.S.

30 Jul 2018

Baleària Makes $70 million Bet on LNG Bunkers

Will covert five of its ferries to use nat gas.

30 Jul 2018

Expected Pricing and Economic Impacts of the IMO 2020 Rule

Stillwater Associates discuss how they expect the economic aftermath of the implementation of the IMO 2020 Rule to play out.

30 Jul 2018

CMA CGM Bunker Surcharge to Remain in Place Until Further Notice

The surcharge of $55/TEU for dry and $85/TEU for reefers is based on the Brent average price in June.

27 Jul 2018