All News

Coronavirus Mutes Bunker Industry Presence at IP Week

Fears over the spread of the COVID-19 coronavirus after its outbreak in China have led to a range of parties being cancelled.

24 Feb 2020

GP Global Hires Former Bomin US Chief as New Americas President of Trading

The company is seeking to expand its presence in the Americas.

24 Feb 2020

Oil Down Again on Coronavirus Fears, Possibility Of OPEC Not Making Deeper Cuts

Meanwhile, short selling of oil is rampant.

21 Feb 2020

VIEWPOINT: Calling All Small Bunker Traders: We Need You

The experiences of smaller traders need to be shared for everyone to get a clearer idea of how IMO 2020 is working out.

21 Feb 2020

Liberty Marine Fuels Hires New Senior Broker

The new hire will start work on March 1.

21 Feb 2020

New IBIA Chairman to Speak at Start of IP Week

This year's event may attract greater attention than usual as it comes at the start of IMO 2020.

21 Feb 2020

Former IMO Emissions Chief Sees Little Evidence for VLSFO Black Carbon Criticism

Edmund Hughes is the latest figure to join the debate over VLSFO black carbon emissions.

21 Feb 2020

Petrobras Sees 54% Jump in Fuel Oil Production in Q4

Fuel oil output jumped to 249,000 b/d in the fourth quarter from 162,000 b/d in the same period a year earlier.

21 Feb 2020

More Gains For Crude As Analysts Send Contrary Signals On Impact Of Coronavirus

Meanwhile, U.S. inventory builds are much lower than thought.

20 Feb 2020

Weekly Vessel Scrapping Report: 2020 Week 7

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 13 – February 19, 2020.

20 Feb 2020

HSFO Prices May Rise on Restricted Supply

Global bunker markets experiencing tight availability and barging issues for HSFO, says bunker trader.

20 Feb 2020

Scrubber Retrofits Straightforward: Ship Operator

Ferry company Grimaldi reports few issues with installing emissions abatement equipment.

20 Feb 2020

Rotterdam Bunker Sales Lost 5.5% Last Year But Stabilised in Q4

Total sales sank to 8.95 million cubic meters last year.

20 Feb 2020

Maersk Sees 6.7% Cut in Bunker Consumption Despite Fleet Growth

Total bunker consumption dropped to 11.092 million mt in 2019 from 11.894 million mt the previous year.

20 Feb 2020

Container Giant Maersk Hits IMO 2030 Carbon Target 10 Years Early

As of 2019 the company has reduced its relative carbon dioxide emissions by 41.8% compared with a 2008 baseline.

20 Feb 2020

Technology Firm Partners With Environmental Group on Emissions-Free Shipping

The two organisations will work to develop hydrogen and electricity infrastructure for shipping.

20 Feb 2020

US HSFO Demand Drops to 5% of Total as VLSFO Rises: Argus

VLSFO is now taking a 57-62% market share, according to marine fuel seller estimates collated by Argus.

20 Feb 2020

IMO 2020: No Large Speed Bump Thus Far

Without question, the biggest surprise from the roll out of IMO 2020 is what hasn't happened.

20 Feb 2020

Crude Prices Soar As Analysts Shift Gears And Now Worry About A Supply Shortage

Meanwhile, the Saudis now think the coronavirus is akin to a burning house.

19 Feb 2020

Scorpio Tankers Sees $5,400/Day Premium for Scrubber-Equipped LR1 Tankers

In January the company's LR1 tankers with scrubbers earned $5,400/day more than those without against average earnings of $19,000/day for this type of vessel.

19 Feb 2020