World News

Crude Soft but Bears Have Vanished as Bulls Insist Oil Glut Has Cleared

Experts think there is still plenty of room left for more price upside.

24 Apr 2018

Ammonia Viable Alternative Bunker Fuel, Says Naval Architect

Ammonia already widely used in agriculture.

23 Apr 2018

IMO 2020 Rule: Enforcement

The key to understanding the challenge of creating effective enforcement mechanisms lies in understanding IMO's own authority and the current levels of authority provided to Flag States and Port States.

23 Apr 2018

Shipowners Sent Mixed Messages Over Future Bunker Fuels

LNG's GHG performance back under the spotlight while other fuels touted as key to decarbonization efforts are dismissed as being not ready for marine.

20 Apr 2018

No Single Solution for Decarbonising Shipping: Wärtsilä

"A clean-shipping future must be based on the combining of different technologies," says Wärtsilä CEO Jaakko Eskola.

20 Apr 2018

Global Bunker Prices Hit Highest Since 2014

Average IFO380 price at major ports is $409/mt

20 Apr 2018

Low-Emissions Ship Propulsion Project Expands Its Scope

EMP to study a wider range of technologies beyond its current focus of solar and wind.

20 Apr 2018

IMO2020: Less Sulphur, More Risk?

Shipowners may have to adjust their strategy quickly, says Alvin Forster, Loss Prevention Executive at North P&I.

20 Apr 2018

Oil Deal Cuts Set to Continue Regardless of Cleared Glut

Analysts are beginning to worry about OPEC extending its cuts indefinitely.

19 Apr 2018

Weekly Vessel Scrapping Report: 2018 Week 16

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 12 – April 18, 2018.

19 Apr 2018

IMO2020 Deadline Could Cause Massive Crude Oil Spike, Consultant Warns

Delay 0.5% sulfur cap to head off market disruption, argues energy and commodities consultant Philip K Verleger.

19 Apr 2018

LNG Bunker Fuel Insufficient on Its Own to Curb Shipping's CO2 Output: Analyst

But can play role as industry starts to respond to new regulations.

18 Apr 2018

Interactive Guide to IMO2020 Bunker Supply Launched

NSI's new tool gives a graphical overview of suppliers' plans in the pre and post IMO2020 bunker markets.

18 Apr 2018

Aegean Appoints New CFO

Pavlos Papageorgiou succeeds Spyros Gianniotis.

17 Apr 2018

Updated Engine Monitoring Service Launched by ExxonMobil

Cloud-based service delivers results in real-time, the company says.

17 Apr 2018

ExxonMobil IMO2020 Compliant Fuels to Be Available Ahead of 0.5% Start Date

North Europe, Mediterranean and Singapore to offer fuels.

17 Apr 2018

Say No to Scrubbers for Now, Bunker Broker Advises

Buyers should not completely resign themselves to paying MGO prices, says BunkerEx.

17 Apr 2018

Crude Slips as Barclays Predicts High Chance of Price Collapse Later This Year

An accumulation of troubling fundamentals will overtake geopolitical fears as the driver of prices, says the bank.

16 Apr 2018

IBIA Gets Fuel Oil Carriage Ban Crystal Clear for Bunker Barges

Taking high sulfur fuel oil out to ships with scrubber technology.

16 Apr 2018

MEPC 72: IMO GHG Deal Spells End of the Oil-Based Bunker Industry From the 2030's, Says Expert

"If you are building a ship or planning to build a ship in the 2020s, it will likely need to be able to switch to non-fossil fuels later in its life," says Dr Tristan Smith, UCL Energy Institute.

16 Apr 2018