World News

LNG Bunker Supply Lagging Behind Demand Forecasts

Drewry says more bunkering facilities will need to be completed in a short period of time if the expected demand is to be met.

1 May 2018

IMO: Phasing out Shipping GHGs "A Matter of Urgency"

Phasing out GHGs should happen "as soon as possible in this century."

1 May 2018

Another Shipowner Says No to Scrubbers

"Fitting scrubber technology is not really viable in our view," says Bernhard Schulte.

1 May 2018

Crude Climbs as Israel Fuels Push to End Iran Nuclear Deal

Analysts say there won't be any significant price drops until Trump makes a decision about the deal on May 12.

30 Apr 2018

HFO Carriage Ban Brings "Huge Degree of Clarity" on IMO 2020

There is now also an expectation that the new rules will be effectively enforced, says Bernhard Schulte Shipmanagement.

30 Apr 2018

UK Urged to Introduce Shore Power Facilities

"The UK is one of the last global regions to introduce shore connections at its ports," says Schneider Electric.

30 Apr 2018

Rising Oil Prices No Help for India, Venezuela, or Canada

The Venezuela now owes China $50 billion in international bonds.

27 Apr 2018

U.S. Crude Heading for $70/bbl as Iran Nuclear Deal Influences Trading Behaviourweighs

OPEC's cutbacks and strong demand are also seen as drivers of oil in the near term.

27 Apr 2018

IMO GHG Deal Highlights Folly of Damaging Regional Shipping Regs: ICS

Shipping is now "far and away ahead of the rest of the world economy in the scale of its ambition" on GHG reduction, ICS Chairman says.

27 Apr 2018

World Fuel Services: We Are Committed to Marine and Well Positioned for IMO 2020

But there's nothing to celebrate in the marine markets as a whole and they remain "a bit of a slog," says Chairman and CEO, Michael Kasbar.

26 Apr 2018

"Insane" Trump Initiatives Cause Crude to Firm, as Goldman Warns of Trouble Ahead

Musings from French president Macron restart the trading jitters that have fueled crude recent gains.

26 Apr 2018

WFS Says 2018 off to a Good Start with a Solid Performance from Marine

Bunker volumes dip 16% as the supplier exits "certain low margin or unprofitable markets."

26 Apr 2018

Weekly Vessel Scrapping Report: 2018 Week 17

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 19 – April 25, 2018.

26 Apr 2018

Digalitalisation of Bunker Certificates Gets Airing at IMO

Norway looking at automation of issuing certificates.

26 Apr 2018

Maersk's Skou: 0.5% Rule to Cost Shipping $60 Billion

Reaffirms distillate choice for company from 2020.

26 Apr 2018

New Managing Director for Glander International Bunkering in Geneva

Andreas Maierhofer will be responsible for spearheading growth and expanding the company's presence in the Geneva market.

26 Apr 2018

Crude Firms and Consensus Grows Over Cleared Oil Glut

But Aramco's international IPO is delayed until prices escalate even further.

25 Apr 2018

Bureau Veritas Launches New Bunker Consumption Tool

Web-based tool helps shipowners with IMO-DCS and EU MRV regulations.

25 Apr 2018

Industry Players Still Scratching Their Head over IMO 2020 Rule

But there will be good opportunities as well as some threats, says Euronav CEO.

25 Apr 2018

New Terms for BIMCO Standard Bunker Contract Expected Next Week

The latest Terms once again try to strike the right balance between the needs of the bunker suppliers and the buyers.

25 Apr 2018