All News

IBIA Annual Dinner Cancelled for 2021

Due to ongoing restrictions related to the Covid-19 pandemic.

4 Dec 2020

Capesizes Earning More With a Scrubber: BIMCO

Despite VLSFO premium over HSFO falling under $50/mt this year.

4 Dec 2020

OPEC Compromises, Oil Declines, But Excitement Over Covid Vaccines Grows

Meanwhile, Chevron announces capital and exploration cuts.

3 Dec 2020

Danish Ship Finance Sees First Mover Advantage in Zero-Carbon Shipping

Those who move to decarbonise their fleets the earliest may be able to set the terms for how the zero-carbon energy era works for shipping.

3 Dec 2020

Weekly Vessel Scrapping Report: 2020 Week 48

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 26 – December 1, 2020.

3 Dec 2020

Tanker Demolition Drops to 23-Year Low

By the end of this year just 24 tankers are likely to have been demolished.

3 Dec 2020

MEDECA: Earliest Implementation 2024

Assuming a proposal is accepted at IMO two years earlier.

3 Dec 2020

Dan-Bunkering: New Hire, Relocation and Promotion

Moves seen as adding extra strength to firm's Monaco office.

3 Dec 2020

Vessel Detention in Singapore

Chemicals/products tanker held last month.

3 Dec 2020

Glander International Bunkering Warns of Potential Credit Squeeze Next Year

Supply of credit to the bunker industry has shrunk by 8-10% in 2020, according to the supplier's estimates.

3 Dec 2020

Black Sea VLSFO Demand On the Rise: PMG Holding

As bunker prices become more competitive.

3 Dec 2020

Oil Slips Again On OPEC Delay As U.S. Crude Inventories Rise

Meanwhile, the path to normality begins as Britain approves the Covid vaccine.

2 Dec 2020

Titan, Fluxys Add LNG Bunker Barge in Antwerp

Titan LNG plans to make bio- and synthetic LNG available at the Belgian port shortly after the barge becomes operational in February.

2 Dec 2020

Petrobras Extends Vitoria Bunker Supply to May 2021

The company had previously announced its Vitoria supply operation would close on November 22.

2 Dec 2020

Lower Bunker Prices Fail to Stem COVID-Fuelled Rise in Shipping Costs

Bunker prices down 9%, but daily operating costs have jumped by 4.5% this year, rising at their fastest pace in a decade.

2 Dec 2020

IMO Secretary General Calls for Priority Vaccination for Seafarers

The United Nations General Assembly has called on member states in a resolution adopted Tuesday to designate seafarers as key workers.

2 Dec 2020

Singapore Banking Group Publishes New Code for Commodity Trade Finance

The new rules seek to codify best practices in financing commodity trades.

2 Dec 2020

OPEC Meeting Delay Triggers Crude Price Decline, But Recovery Sentiment Still Strong

However, IHS Markit is concerned about deepening U.S./China rift.

1 Dec 2020

Giant $44 Billion Financial Data Firm Merger May Increase Platts Activity in Shipping

Access to IHS's extensive maritime data could help Platts establish a bigger presence in the shipping industry's operations.

1 Dec 2020

Bunker One Hires West Africa Trader

The new hire has joined the company in Dubai as of this month.

1 Dec 2020