News Prices Demand Map
Free Registration
& Daily Email Subscribe

World News

Weekly Vessel Scrapping Report: 2017 Week 8
Weekly Vessel Scrapping Report: 2017 Week 8
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 23 – March 1, 2017.
2 Mar 2017
Damen Promotes Range of Liquefied Gas Carriers in Response to Growing LNG Market
Damen's range of carriers include LNG bunkering vessels.
2 Mar 2017
Alfa Laval Opens Expanded Test & Training Centre with New Focus on Gas-Fuelled Tech
The expansion has boosted the centre's testing space by five times its original size.
2 Mar 2017
Bureau Veritas Announces UKAS Accreditation for EU MRV Services
Bureau Veritas has been approved to carry out assessments and verifications for compliance with the EU MRV regulation.
2 Mar 2017
LRQA to Deliver EU MRV Services Globally Through UKAS Approval
LRQA will deliver a range of assessment and verification services to clients internationally.
2 Mar 2017
ClassNK Marks EU MRV Accreditation from UKAS
ClassNK has been approved to assess Monitoring Plans, verify Emission Reports and issue DOCs in accordance with the EU MRV regulation.
2 Mar 2017
Glander International Bunkering Highlights New Sales Manager Appointment in Geneva
"The role of Sales Manager is a new addition to the office," says GIB.
2 Mar 2017
Nigeria Acknowledges U.S. Shale's Growing Clout by Saying OPEC Needs to Lower Costs
Meanwhile, shale stockpiles climb to record highs.
2 Mar 2017
Marshall Islands Issues Low Sulfur MGO Fuel Testing Guidance
"Testing for LSMGO compliance is becoming increasingly prevalent in ECA in both the U.S. and EU," notes the RMI Maritime Administrator.
2 Mar 2017
Crude Prices Settle Slightly Lower
Bunker prices were again stable in the primary ports.
1 Mar 2017
Aegean Has "Another Strong Year" as Full Year Bunker Sales Volume Rises 23%
"The fourth quarter marked the end of another strong year for Aegean," says Aegean President E. Nikolas Tavlarios.
1 Mar 2017
Fred. Olsen Marks Progress on Conversion of High-Speed Engines for Dual-Fuel Operation
The engines are intended for use on the Bencomo Express - said to be the world's first conversion of a high-speed ro-pax vessel to use LNG bunkers.
1 Mar 2017
Weakening Brent Spread and Lower BP Break-Even Price Suggest Downside Risk is Greater
The news is also another blow to the highly-touted effectiveness of the OPEC production cuts.
1 Mar 2017
OPEC Oil Cutback Compliance Rises to 94% But Has Little Effect on Prices
The market once again indicates it has a high level of production cuts priced in.
1 Mar 2017
Bulker Values on the Rebound From "Rock Bottom" Levels: VesselsValue
Values among 5-year-old handysize bulkers, as well as 15-year-old Panamax and Supramax assets, have risen by more than 40 percent, says VesselsValue.
1 Mar 2017
Lukoil's $65 Oil Price Prediction Underscores Sentiment of No Big Market Breakout in Foreseeable Future
Meanwhile, one expert warns that a drop to the $40s is entirely possible.
1 Mar 2017
Hapag-Lloyd Cites Lower Bunker Costs for Reduced 2016 Transportation Costs
Hapag-Lloyd Cites Lower Bunker Costs for Reduced 2016 Transportation Costs
However, despite a 2.7 percent increase in transported volumes, lower average freight rates in 2016 saw Haplag-Lloyd's revenue fall to €7.7 billion.
28 Feb 2017
2020 Sulfur Cap Could Add $60 Billion to Shipping's Annual Bunker Costs
Higher crude prices and tight MGO availability could push the price of MGO up by nearly four times against fuel oil prices in 2016, says Wood Mackenzie.
28 Feb 2017
Adani Eyes Expansion of Its Bunker Business
The plan is said to be expected to grow the current 1 million tonne Indian bunkering market to 3.5 million tonnes by 2020.
28 Feb 2017
Continued OPEC Rhetoric Unable to Positively Impact an Oil Market Pummeled by Rising US Production
One analyst suggests market speculators are setting themselves up for a massive disappointment.
28 Feb 2017
Popular Now See all →