World News

Vitol Sees Future Growth Coming from Gas

Company says its portfolio will be increasingly gassy.

11 May 2018

Weekly Vessel Scrapping Report: 2018 Week 19

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 3 – May 9, 2018.

10 May 2018

Iran Attempts to Take High Ground by Accusing Trump of Driving Up Oil Prices

Meanwhile, China could benefit from Iran having sanctions reimposed against it by the U.S.

10 May 2018

Crude Climbs as Market Sees Supply Crunch and Return of $100/bbl Oil

At the same time, bullish sentiment seems to be growing more forcefully than ever.

10 May 2018

IMO2020 Compliance: APL Sees All Options On the Table

Low-sulfur compliant fuel, scrubbers and LNG will all be used.

10 May 2018

Autonomous Shipping May Take Its Time Before Becoming New Maritime Reality

Survey of maritime professionals discovers cautious approach to phenomenon.

9 May 2018

US Exits Iran Nuclear Deal but Analysts Disagree About its Impact on Oil Prices

One expert says Trump's move might cause OPEC to quit its output reduction strategy.

8 May 2018

OPEC's Barkindo Vows to Maintain Crude Market Stability, but Saudis Worry About Supply Shortage

Saudi's energy minister also denies reports that he wants to jack up prices to bolster the IPO of Saudi Aramco.

8 May 2018

IMO2020: ICS Chairman Calls For Action on Bunker Fuel Standards

IMO must "urgently resolve" a number of "complex practical issues" before January 2020, says Esben Poulsson.

8 May 2018

BofA Sees Prices Rising but Others See New Tech Wiping Out Oil Demand in a Decade

A Columbia Business School scholar says wind and solar are already more price competitive than traditional energy sources.

7 May 2018

US Crude Breaks $70 as Assessment of Geopolitical Impact on Prices Ranges from Nuisance to Mayhem

But at least one analyst downplayed the importance of crude to the overall economy.

7 May 2018

Dorian LPG to Upgrade Gas Carriers

To use LPG marine fuel.

7 May 2018

IMO 2020: What's Best for Maersk Not Best for All

While Maersk backs low sulfur fuels, scrubbing will almost certainly work best for others, says BLUE Communications' Alisdair Pettigrew.

4 May 2018

LNG Bunkers Dismissed as A "Decarbonisation Dead-End"

Support projects to prove whether fuels such as hydrogen and ammonia work, suggests T&E.

3 May 2018

Weekly Vessel Scrapping Report: 2018 Week 18

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 26 – May 2, 2018.

3 May 2018

Bimco's Standard Terms Set Maximum Limit on Parties' Liability

To lead to wider adoption of document, according to organisation.

3 May 2018

OPINION: The Scrubber Decision – Wildebeest of Serengeti

There are vested interests working overtime to cause confusion, argues Dr Vis.

3 May 2018

Crude Prices Bounce Back on Strength of Iran Fears and Weakened US Dollar

Meanwhile, traders think a surprise build in crude inventories isn't such a big deal after all.

2 May 2018

Aegean Appoints New Board Members After Resolving Differences with Shareholder Group

Tyler Baron, Raymond Bartoszek and Donald Moore have been appointed to its Board of Directors effective immediately.

2 May 2018

Scrubbers Increasingly Seen as A "Messy" Answer to IMO 2020: Drewry

Barriers include the issue of waste disposal and vulnerability to later changes in regulations.

2 May 2018