All News

Argus Sees Biomethanol Bunker Price at $3,336/mt

The price reporting agency sees biomethanol as more than four times as expensive as VLSFO, even after EU-ETS costs are added.

15 Nov 2021

EVENT: Explore the Outlook for the Bunker Market in Europe & the Mediterranean

Platts' Mediterranean Bunker Fuel Online Virtual Conference will be held December 01-02, 2021.

15 Nov 2021 · S&P Global Platts

Oil Posts Longest Weekly Losing Streak Since March On Fear Of Soaring Prices, Inflation

One analyst predicts that the oil market will remain tight until Q3 2022.

12 Nov 2021

Samskip Launches Biofuel Bunker Trial on Second Boxship

The firm is using MDF1-100 fuel produced from used cooking oils.

12 Nov 2021

Hapag-Lloyd Reports 3.3% Gain in Year-to-Date Bunker Consumption

The firm used about 3.15 million mt of bunkers in the nine months to September 30.

12 Nov 2021

Dutch Company Converts General Cargo Vessel to Wind-Assisted Propulsion

The company has fitted two of engineering firm eConowind's TwinFoil wind systems to the ship.

12 Nov 2021

UK Firm Launches New Flexible Shore Power System

The firm's Iconvert system offers flexibility on voltage and frequency, and can be equipped with batteries to form a microgrid.

12 Nov 2021

ENN Natural Gas Wins China's First LNG Bunkering Licence

The firm will be licensed to supply LNG bunkers at Zhoushan.

12 Nov 2021

Ship-Service Liquidation Halts VLSFO Supply in Poland

Ship-Service was the only VLSFO supplier in the country.

12 Nov 2021

Oil Ekes Out Minimal Gains As Traders Await U.S. Response To Inflation

Meanwhile, OPEC seen as maintaining output until at least Q1/22.

11 Nov 2021

Weekly Vessel Scrapping Report: 2021 Week 45

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 4 – November 10, 2021.

11 Nov 2021

Fortescue Future Industries to Convert Ship to Ammonia-Fuelled Propulsion Next Year

The firm has taken on the project in collaboration with MMA Offshore Limited.

11 Nov 2021

Three More Ships Arrested in Malaysia

The three ships were arrested on Tuesday.

11 Nov 2021

Duqm Bunker Supply to Launch at End of November

The bunker barge for the operation, the MT Alpha, has arrived at Duqm.

11 Nov 2021

China Adds to 2021 VLSFO Export Quotas

Another 1 million mt of VLSFO can now be exported by CNPC, Sinopec and CNOOC for the remainder of 2021.

11 Nov 2021

Bunker Supplier PMG Holding Opens Greek Office

The firm opened the office earlier this month.

11 Nov 2021

Container Line CMA CGM Partners With Engie on Decarbonisation

The two firms have decided to establish 'a long-term strategic and industrial cooperation focused on the production of decarbonized fuels'.

11 Nov 2021

Oil Tanks On Worry Over Biden Initiatives As Demand Continues To Soar

However, chances of SPR oil being released seem less likely.

10 Nov 2021

18 Partners Sign Up to New Biofuel Bunker Initiative

The move highlights how cargo owners, and not just shipowners, will have a say in the make up of the future marine fuel mix.

10 Nov 2021

Grimaldi's Trasmed GLE Opts for RoPax Scrubber Retrofits

Wärtsilä units will be placed on vessels that operate in the Mediterranean Sea.

10 Nov 2021