All News

Oil Rises Yet Again As Bullish Demand Sentiment Skyrockets

Meanwhile, Goldman Sachs eyes $80 oil this summer.

11 Jun 2021

Sing Fuels Hires Senior Bunker Traders in London

Both traders previously worked for OceanConnect.

11 Jun 2021

Australia Sees 30-50% VLSFO Sales Drop From Cruise Ship Inactivity

VLSFO sales in Australia are now 30-50% lower than the levels seen before the start of the pandemic.

11 Jun 2021

Samsung Heavy Industries to Develop Nuclear Power for Shipping

The project will involve developing a small modular reactor for use offshore, as well as working together on performance verification and the business model for offshore nuclear systems.

11 Jun 2021

Hin Leong Sues Deloitte Over Alleged Auditing Failures Before Collapse

The lawsuit, filed at Singapore's High Court on March 5, alleges that Deloitte "acted in breach of the terms of its engagement with the plaintiff."

11 Jun 2021

TotalEnergies Reminds Bunker Industry of Its Work on Ammonia

Within the alternative bunker fuels space TotalEnergies is primarily known at present as the largest supplier of LNG as a marine fuel.

11 Jun 2021

BUNKER JOBS: Bunker Traders, Dubai

The company is looking for a Bunker Trader with proven experience from the Chinese market and one with experience from the Far East Russian market.

11 Jun 2021

Weekly Vessel Scrapping Report: 2021 Week 23

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 3 – June 9, 2021.

10 Jun 2021

Oils Hits Two Year High As Demand Continues To Roar Back Globally

Meanwhile, OPEC pegs 2021 world economic growth at 5.5 percent.

10 Jun 2021

IMO's Green Voyage 2050 Project Gets Cash Boost

As original supporter Norway contributes additional funds.

10 Jun 2021

X-Press Pearl: Bunker Spill Fears Recede

No confirmed oil spill reports as of Wednesday evening according to ship's operators.

10 Jun 2021

Singapore: Residual Fuel Oil Stocks Hit Five-Week High

Weaker exports compared to import behind the fundamentals.

10 Jun 2021

Kitack Lim Warns Global GHG Approach Could Be Left Behind by Regional Moves

The IMO's Marine Environment Protection Committee is meeting virtually this week, discussing GHG emissions regulations among other issues.

10 Jun 2021

Scrubber Industry Publishes New Research on Open-Loop Environmental Impact

Engineering consultancy DHI has prepared a report on 'ecotoxicity testing and risk assessment of washwater from open-loop scrubbers' on behalf of the EGCSA.

10 Jun 2021

Bunker Supplier Peninsula Targets 15 Million MT of Bunker Sales in 2021

The company is 'on trend for' 15 million mt/year of sales in 2021.

10 Jun 2021

Pavilion Energy Takes on 800,000 MT/Year of LNG From BP

The deal will apply for ten years from 2024.

10 Jun 2021

VPS Acquires Transformer Oil Testing Firm PGI Industries

The acquisition "is an integral part of VPS's forward-thinking strategy to better support the power and electricity supply industries in a more sustainable way," VPS said.

10 Jun 2021

Brazil Temporarily Lifts Open-Loop Scrubber Ban

The change is only "until the competent environmental authority has the opportunity to better assess the scenario."

10 Jun 2021

Oil Flat On Less Than Stellar Memorial Day Consumption

However, demand recovery remains strong globally.

9 Jun 2021

Oman LNG Uses Carbon Offsets for Carbon Neutral Voyage

Carbon credits will offset the full life-cycle of CO2 emissions generated across the LNG value chain

9 Jun 2021