World News

MEPC 72: Mandatory Slow(er) Steaming "Only Measure on the Table" for Shipping to Address GHG Emissions

But concerns over market distortion could scupper the idea.

28 Mar 2018

What I Learned by Moving from Being an Engineer at Sea to Selling Bunkers

NSI's Alex Jones shares insights from his transition from ship to shore.

28 Mar 2018

Fraud Trial Set to Begin for Lars Møller, Former CEO of Singapore's DOT, Over Role in Collapse of OW Bunker

Møller was charged in Denmark last July of committing fraud of agent for more than DKK800 million.

27 Mar 2018

Crude Prices Flat as OPEC, Russia Mull 20-Year Oil Cooperation

Saudi Arabia says both parties agree to the alliance and just have to hammer out the details.

27 Mar 2018

Aegean's Proposed HEC Acquisition Terminated

The deal had a contractual deadline of March 27, 2018.

27 Mar 2018

Shipping Industry Could Almost Completely Decarbonise By 2035: IGO Report

Alternative fuels and renewable energy, including "Advanced biofuels" and Nuclear, are seen as being able to deliver much of the required reductions.

27 Mar 2018

Brent Holds Above $70/bbl as Analysts Continue to Fret Over Post-2020 Oil Markets

Monday's mild losses were seen as a simple profit taking after last week's gains.

26 Mar 2018

U.S. Deepwater Prospects Revealed Amid Worries Over Iran Reducing Output

Barclays notes that while the fears may be unjustified, they are influencing crude prices anyway.

26 Mar 2018

China Boasts a Gas-Fuelled Fleet of 275 as Bullish Outlook for LNG Bunkering Continues

Consultant says LNG as a fuel is now available in most major ports.

26 Mar 2018

What Do We Already Know About Bunker Prices and the Likely Winners and Losers in a Post 2020 World?

The case for scrubbers never looked so good, says 20|20 Marine Energy's Adrian Tolson, while the Caribbean should be a particularly interesting market for IMO2020.

26 Mar 2018

IMO2020: Trafigura Confirms its 32 Newbuild Tankers Will Have Scrubbers

The order for the crude oil and product tankers was placed last June and valued at more than $1.35bn.

26 Mar 2018

Shipowner Groups Urge Compromise Over GHG Reduction Goals

Without compromise governments risk having no IMO CO2 strategy at all, says ICS.

26 Mar 2018

Zero CO2 Bunker Fuels Only Way to Achieve Shipping GHG Goals: ICS

As such fuels will only become available in the latter half of this century, shipping will be unable to achieve a 100% cut in emissions by 2050.

26 Mar 2018

IMO 2020 Rule: Refiners' Perspective

In this article Stillwater puts particular emphasis on the impact of the IMO 2020 Rule for Refiners when it is implemented in 2020.

26 Mar 2018

Brent Breaks $70/bbl as Producers Suggest Extending Oil Output Cuts into 2020

The recently-bearish analytical community now thinks crude will climb to above $80 this year.

23 Mar 2018

"Turning Point" Deal Hints at Importance of Scrubber Wastewater Management

LiqTech's deal inked with "one of the world's largest manufacturers of marine scrubbers".

23 Mar 2018

Aegean and Shareholder Group Start Talks

In an attempt to resolve differences.

23 Mar 2018

IMO Explains Why Energy Efficiency in Shipping Matters [VIDEO]

Improved energy efficiency means less fuel is used, says IMO.

23 Mar 2018

Crude Prices Near $70/bbl Due to OPEC Compliance, But Saudis Say It's Still Not Enough to Spur Investment

The kingdom's energy minister says investment is about $1 trillion below what it was before the drop in crude prices.

22 Mar 2018

Weekly Vessel Scrapping Report: 2018 Week 12

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 15 – March 21, 2018.

22 Mar 2018