World News

IMO2020: BV Warns on Risk of Bunker Contamination, Accidental Noncompliance

A flush of the entire tank system will be needed for those switching to compliant fuels come 2020.

9 Apr 2018

Singapore to Get Its First LNG-Powered Bunker Tanker

Ordered by local player Sinanju Tankers and Japanese partner.

9 Apr 2018

IMO 2020: Is Not Knowing Worth the Wait?

Isn't it strange that shipping doesn't know what will go into its collective fuel tank come 2020? asks price reporting agency Platts.

6 Apr 2018

Compromise and Ambition at MEPC 72: What's on the Agenda, What's Not an Option?

A GHG emissions reduction strategy, best practice guidance for bunker buyers and suppliers, and a fuel oil carriage ban among items up for consideration.

6 Apr 2018

Weekly Vessel Scrapping Report: 2018 Week 14

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 29 – April 4, 2018.

5 Apr 2018

Crude Soft as Fears of US-China Trade War Abates

Losses on Wednesday were also minimized by a surprise draw in U.S. stockpiles.

4 Apr 2018

OPEC Output at 11-Month Low But Iraq Still Bent on Pumping Full-Tilt

Plus, the OPEC low is not strictly a result of willful self-restraint.

4 Apr 2018

Attractive Time to Secure Bunker Saving Tonnage Ready for IMO2020: Torm

The product tanker operator has exercised options on three newbuilds.

4 Apr 2018

IBIA Releases Bunker Suppliers' Best Practice Guide

Best practice in assuring the quality of bunkers delivered to ships could become even more critical as of 2020, says IBIA.

4 Apr 2018

Technology Not the Barrier to Decarbonising the Shipping Industry: Norsepower

The challenge for the industry is the will to implement it, the Finnish clean tech firm says.

4 Apr 2018

New Offices and Staff Appointments as GP Global Expands European and Asia Pacific Bunkering Operations

Move involves appointment of five senior traders alongside the establishment of a new office in Hull, UK and a new branch office in Seoul, South Korea.

3 Apr 2018

StormGeo Reminds on Bunker, Emissions Savings Potential of Weather Routing

Company says it helped tanker achieve almost $14,000 in bunker savings on a single voyage.

3 Apr 2018

Monday Oil Markets: Crude Sinks 3% with Wider Energy Sector Correction Approaching

Adding to downward pressure from recent geopolitical woes today, Bahrain makes massive oil discovery and Russian output edges up.

2 Apr 2018

Shipping Industry Unprepared for IMO2020, say Commodity Traders

There is still plenty of uncertainly over how ships will comply.

2 Apr 2018

T&E Bemoans Shipping Industry's Lack of Ambition on Proposed GHG Reduction Efforts

The green group says Shipping risks sinking the entire Paris agreement.

2 Apr 2018

Quadrise Remains Upbeat on Scrubber Uptake

And in turn, the prospects for its MSAR emulsion bunker fuel.

2 Apr 2018

IMO2020: Hapag-Lloyd Reiterates its Lack of Interest in Scrubbers

But use of LNG bunkers still under consideration.

29 Mar 2018

NYK Set to Begin LNG-Fuelled Bulk Carrier Project

The four-year project is planned to run from next month until March 2022.

29 Mar 2018

Weekly Vessel Scrapping Report: 2018 Week 13

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 22 – March 28, 2018.

29 Mar 2018

Oil Prices Retreat by 1%

Bunker prices were softening in the primary ports.

28 Mar 2018