All News

Vancouver Joins Forces With Tomakomai on LNG Bunkering

The two authorities will work together to develop the provision of marine fuel at their ports.

17 Mar 2020

GP Global Targets Sales of 240,000 MT/Year in New Jebel Ali Operation

The company is aiming for sales of 15,000-20,000 mt/month at the new operation.

17 Mar 2020

First IMO 2020 Carriage Ban Violation Reported in UAE Waters

The IMO's carriage ban for non-compliant fuels came into effect at the start of March.

17 Mar 2020

Fear Of Coronavirus Overtakes Its Growth Rate as Oil Prices Tumble to $20s

Investors now controlled by fear, not reason, says FXTM.

16 Mar 2020

S&B VIEWPOINT: 2020's Giant Boxship Orders Will be Key Test for LNG Bunkering

Can LNG proponents persuade boxship owners to take on any more gas-fuelled ultra large container ships?

16 Mar 2020

Antwerp 'Fully Operational' Amid Covid-19 Measures

Non-essential events at the port cancelled but port keeps working.

16 Mar 2020

Sinopec's Guangzhou Produces First VLSFO Batch

1.6K mt cargo delivered to company's sales arm.

16 Mar 2020

Bunkering Continues at Italian Ports but Ship Calls are Fewer

With bunker barge crews working with protection against Covid-19 transmission.

16 Mar 2020

Italian Shipping Associations Warn of Negative Impact of Virus Measures

On Thursday Italian shipping associations Assarmatori and Confitarma wrote an open letter warning of the impact of the containment measures.

16 Mar 2020

Aviation Shutdown May Narrow VLSFO Crack Spreads

VLSFO's premium to Brent at Rotterdam has already significantly narrowed this year, dropping from as much as $89.52/mt on December 31 to $41.85/mt by March 12.

16 Mar 2020

GP Global Launches Jebel Ali Bunker Supply Operation

The company has deployed two of its wholly owned barges, each with a capacity of 4,800 mt of fuel oil and 1,000 mt of gasoil, for the operation.

16 Mar 2020

No Shift In Istanbul Bunker Demand Following IMO 2020

January and February 2020 saw about 400,000 tonnes supplied.

16 Mar 2020

Oil Prices Up Marginally, But Trafigura Worries That Global Demand Will Fall By 10 Million BPD

On the other hand, CNBC thinks less demand will reduce the surplus problem.

13 Mar 2020

OOCL Doesn't Rule Out Fitting Scrubbers to Giant New Boxships

The company expects to run its five new 23,000 TEU ships on VLSFO, but may consider fitting scrubbers to them.

13 Mar 2020

Singapore February Bunker Sales Gain 2.63% on Year Despite COVID-19 Outbreak

Total sales advanced by 2.63% on the year to 3.879 million mt last month.

13 Mar 2020

Chinese Refinery Sends First VLSFO Batch to Zhoushan

Jinxi sent a 3,000 mt VLSFO cargo from its plant in the north-east of the country to the growing bunker port of Zhoushan on March 6.

13 Mar 2020

Poseidon Principles Lender Group Signs Up First Asian Bank

A total of 18 financial institutions have now joined the organisation, covering more than a third of the global shipping finance portfolio.

13 Mar 2020

Russia's Sovcomflot Took Delivery of Three LNG-Fuelled Tankers in 2019

The company took delivery of the Aframax crude tankers the Korolev Prospect, the Vernadsky Prospect and the Mikhail Lazarev last year.

13 Mar 2020

Coronavirus Hysteria Causes More Massive Losses For Crude - And More To Come, Say Analysts

Meanwhile, U.S. producers take the hit for the Saudi/Russia price war.

12 Mar 2020

Weekly Vessel Scrapping Report: 2020 Week 10

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 5 – March 11, 2020.

12 Mar 2020