World News

Exxon Developing Stronger Oil Trading Unit: Report

Oil major to join competitors in potentially lucrative area.

14 Jun 2018

OW Bunker: Court Delivers Fresh Blow for Physical Bunker Suppliers, Boost for ING

ING representatives say today's result brings further clarity over who is entitled to a lien, counsel to physical supplier says the opinion is "fundamentally wrong".

13 Jun 2018

IMO 2020: Industry on Course for Unparalleled Bunker Contamination Challenges, Says Tolson

Industry must develop understanding of marine fuel supply, shun apathy, and instigate processes that ensure viable products, he says.

13 Jun 2018

Star Bulk Puts in Order for 22 Scrubbers

Giving coverage to around a quarter of its fleet.

13 Jun 2018

MSC Set to Sail Slower

2M partner Maersk Line also considering reduction in vessel speed.

12 Jun 2018

Oil Markets: Mixed Movements for Crude as Saudi Output Jumps and Venezuela's Falls Yet Further

Meanwhile, OPEC issues a cautious oil outlook despite declaring the glut to be over.

12 Jun 2018

Møller to Appeal Guilty Verdict in OW Bunker Collapse Case

Former head of Singapore's Dynamic Oil Trading was sentenced last month to 18 months in jail.

12 Jun 2018

Scrubber Take Up Miniscule, Statistics Show

Argus Media's database gives snapshot of market.

12 Jun 2018

Posidonia: Slaying Mythical Beasts in the IMO 2020 Labyrinth

Posidonia was a wonderful week, but there were some examples of pure fiction being propagated around the IMO regulations and the 2020 global sulphur cap.

12 Jun 2018

Market Heading for All Out Production War, but Status Quo for the Meantime May be Maintained

JPMorgan predicts the "battle royale" will result in a price plunge back to the $50s.

11 Jun 2018

AISSOT in Iraq: Bunkering Established for Tankers

Plans to extend services to include boxships and bulkers.

11 Jun 2018

Price of Jet Fuel Could Rise on Higher Diesel Demand

Once IMO2020 rule on bunker fuel takes effect.

11 Jun 2018

Poll: Half of Shipowner/Operators Say They're Not Ready for IMO 2020

ABS says it is vital that industry consider the available options and the impacts on their fleets.

11 Jun 2018

IMO 2020: Dramatic Rise in Scrubber Interest

Vessels either ordered or installed with scrubbers jumped almost 300 in only a few months.

11 Jun 2018

Crude Resumes Its Downward Trajectory on Fears of Oversupply

Meanwhile, J.P. Morgan says prices will head lower through 2019.

8 Jun 2018

LR Unveils EU MRV and IMO DCS Reporting Tool

"Implementation of these regulations presents a significant compliance challenge for shipowners and operators," says LR.

8 Jun 2018

Expansion at LNG Bunker Transfer Firm

Firm notes growing customer demand for its LNG systems.

8 Jun 2018

Quadrise Courts New MSAR Customer

Company also notes momentum building on the implementation of scrubbers across all major segments in the marine market.

8 Jun 2018

ABS Issues Guidance on Preparing for IMO 2020

"The consequences of this shift are difficult to predict," says ABS

8 Jun 2018

DNV GL Introduces Scrubber Notation

The class notation covers SOx scrubbers, as well as SCR and exhaust gas recirculation systems for removing NOx.

8 Jun 2018