All News

Bunker Jobs: Brokers Wanted
Bunker Jobs: Brokers Wanted
Dubai, London, and worldwide remote positions are available.
10 Mar 2020
Historic Losses For Crude Point to U.S. Shale In Russia's Crosshairs, Say Analysts
Historic Losses For Crude Point to U.S. Shale In Russia's Crosshairs, Say Analysts
Meanwhile, IEA wants Saudis and Russia to abandon playing "Russian Roulette."
9 Mar 2020
S&B ANALYSIS: OPEC+ Collapse and COVID-19 Could be Perfect Storm for Bunker Suppliers
S&B ANALYSIS: OPEC+ Collapse and COVID-19 Could be Perfect Storm for Bunker Suppliers
Suppressed demand meeting rapidly increasing supply may mean trouble for smaller bunker suppliers.
9 Mar 2020
Standard Club Warns Against Using Open-Loop Scrubbers in Brazil
Standard Club Warns Against Using Open-Loop Scrubbers in Brazil
Brazil's current position on open-loop scrubber discharge is unclear, according to Standard Club.
9 Mar 2020
Lithuania's Port of Klaipeda Joins LNG Bunkering Club
Lithuania's Port of Klaipeda Joins LNG Bunkering Club
LNG bunker supplier Cryo Shipping delivered 45 cubic meters of LNG in an ISO container to the cement carrier MV Greenland on Sunday
9 Mar 2020
IEA Sees Global Oil Demand Falling for First Time in 11 Years
IEA Sees Global Oil Demand Falling for First Time in 11 Years
Global demand may drop by 90,000 b/d this year compared with 2019.
9 Mar 2020
Brazil's Petrobras is 'Fully Capable' of Meeting VLSFO Demand: Company
Brazil's Petrobras is 'Fully Capable' of Meeting VLSFO Demand: Company
FONARs filed in January mentioning compliant fuel shortages in Brazil mostly referred to ports where Petrobras does not operate.
9 Mar 2020
Oil Price Collapses Overnight in Sharpest Intraday Loss Since 1991
Oil Price Collapses Overnight in Sharpest Intraday Loss Since 1991
Brent crude futures dropped as low as $31.02/bl, the biggest decline since the Gulf War in 1991, down from Friday's close of $45.27/bl.
9 Mar 2020
ANALYSIS: The Strange Death of 180 CST Fuel Oil
ANALYSIS: The Strange Death of 180 CST Fuel Oil
By January of this year 180 CST HSFO represented just 0.02% of total marine fuel demand in Singapore.
9 Mar 2020
Wallenius Wilhelmsen Sees COVID-19 Causing 20% Q1 Decline in Freight Volume
Wallenius Wilhelmsen Sees COVID-19 Causing 20% Q1 Decline in Freight Volume
The extent of the impact in the second quarter will depend on the rate of recovery in Asia, the spread of the virus and the reaction in the global economy, the company said.
6 Mar 2020
Liberian-Flagged Dry Bulk Carrier Under Arrest in Singapore
Liberian-Flagged Dry Bulk Carrier Under Arrest in Singapore
The arrest is the first of 2020 in Singapore.
6 Mar 2020
Euronav Buys Another Scrubber-Equipped VLCC
Euronav Buys Another Scrubber-Equipped VLCC
The company bought the ship, currently under construction at the DSME shipyard in South Korea, for $93 million.
6 Mar 2020
COVID-19 Freight Disruptions See Dry Cargo Shift Away From Boxships
COVID-19 Freight Disruptions See Dry Cargo Shift Away From Boxships
The virus outbreak has reportedly left parts of the world short of containers, causing a rise in boxship freight rates.
6 Mar 2020
Petrobras February Fuel Oil Exports Jump to Record High
Petrobras February Fuel Oil Exports Jump to Record High
The country's fuel oil exports reached 238,000 b/d in February, or more than 1 million mt.
6 Mar 2020
WHITEPAPER: Stability and Compatibility issues with VLSFOs
WHITEPAPER: Stability and Compatibility issues with VLSFOs
Fuel users have a short time to make decisions on blending without having access to the incoming fuels, Viswa Lab writes.
6 Mar 2020
More Coronavirus Induced Losses For Crude As OPEC Comes Closer To Cutback Agreement
More Coronavirus Induced Losses For Crude As OPEC Comes Closer To Cutback Agreement
Russia's participation is crucial in the fight against impacted demand.
5 Mar 2020
Weekly Vessel Scrapping Report: 2020 Week 9
Weekly Vessel Scrapping Report: 2020 Week 9
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 27 – March 4, 2020.
5 Mar 2020
LNG Bunkering Pioneer UECC Tries Out Biofuels
LNG Bunkering Pioneer UECC Tries Out Biofuels
Over the next three months UECC will burn 3,000 mt of GoodFuels's bio-fuel oil.
5 Mar 2020
Wärtsilä to Divide Marine Business Into Three Independent Units
Wärtsilä to Divide Marine Business Into Three Independent Units
The company's financial reporting will reflect the new structure from the second quarter of this year.
5 Mar 2020
Monjasa Wins Court Case Over $6.5 Million Sao Tome and Principe Bunker Cargo Dispute
Monjasa Wins Court Case Over $6.5 Million Sao Tome and Principe Bunker Cargo Dispute
The dispute related to a confiscated oil cargo that Monjasa bought in 2013.
5 Mar 2020