World News

Crude at $90 Coming Due to Iran Sanctions: BoAML

Crude prices rose again on Thursday due to concerns over the restrictions of Iranian exports.

28 Jun 2018

Weekly Vessel Scrapping Report: 2018 Week 26

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 21 – June 27, 2018.

28 Jun 2018

Fredriksen's Frontline Places Order for Up to 36 Scrubbers - and Buys a 20% Stake in the Firm

"The economic case to install scrubbers is very compelling," says Frontline Management CEO Robert Hvide Macleod.

28 Jun 2018

More Gains for Crude as Iran Fires Back At US Oil Sanctions

Iran sees support for its claim that removing its exports from the market by November is impossible.

27 Jun 2018

ABS, Probunkers Sign Deal to Develop LNG Bunker Vessels

LNG is an attractive proposition for shipowners and operators responding to the 2020 Sulphur Cap, says ABS.

27 Jun 2018

Web Start Up has Fuel Savings in Mind

In wider focus on autonomous shipping.

27 Jun 2018

Grimaldi to Monitor Scrubber Performance on ACL Ships

Signs service agreement with Alfa Laval.

27 Jun 2018

Crude Jumps After US Calls for November Halt On Iranian Imports

Total and Shell are two of many companies that have ceased transactions immediately.

26 Jun 2018

GHG Savings of Only 6% Makes LNG Bunkers a "$22bn Distraction" for EU Shipping, New Study Insists

"LNG is not a bridge fuel, it's an expensive distraction that will make it harder for the EU to achieve its shipping climate goals," says T&E's Faig Abbasov.

26 Jun 2018

IMO 2020: Deutsche Bank Bullish on Star Bulk's Scrubber Investment

Shipowners with scrubbers should be able to charge a freight rate reflective of the broader fleet that is burning more expensive ultra-low sulfur fuel, the bank argues.

26 Jun 2018

IMO 2020: Supply Uncertainty Means MGO is Tramp Trader's Only Compliance Choice for Now

But 0.5% will definitely be an option in the future.

25 Jun 2018

IMO2020: Scrubbers Are a Buyers' Market

But it won't last, says consultant.

25 Jun 2018

IMO 2020: Refining Can't Produce Enough Fuel for 100% Compliance, Says EnSys

It's going to be potentially rather chaotic and stressed, says EnSys president.

25 Jun 2018

Freighter Completes Bunker Saving Flettner Rotor Retrofit

Wind assist tech expected to play a growing role in helping the Marine Shipping industry reduce its emissions.

22 Jun 2018

Grimaldi Backs Scrubbers and Batteries to "Go Beyond" IMO 2020 Compliance

Tech will be used on existing and new vessels.

22 Jun 2018

Cargill Continues to Push for Marine CO2 Reductions of 15% by 2020

Also want to cut GHGs 10% by 2020 across its global operations.

22 Jun 2018

Weekly Vessel Scrapping Report: 2018 Week 25

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 14 – June 20, 2018.

21 Jun 2018

First Shipbroking Firms Join SEA/LNG

Addition of Exeno Yamamizu Corporation and Fearnleys brings the group's membership to 33 organisations.

21 Jun 2018

OW Bunker: Danish Prosecutor to Appeal Møller Sentence

Had originally sought a five tear jail term.

21 Jun 2018

BLUE Communications Marks 10 Year Anniversary

The Marine and Energy PR firm was the first to offer dedicated brand building and reputation management expertise to the bunker industry.

21 Jun 2018