All News

Global Emergency Declaration Causes Tailspin In Crude Prices

However, ING says crude market could still swing into deficit this year.

30 Jan 2020

Dubai Event to Examine Middle East Bunker Market's "New Moment"

The event takes place form March 11 -12, 2020.

30 Jan 2020

Gibraltar Strait Container Growth Bodes Well For Mediterranean Bunker Demand

Shipping demand growth appears healthy in the Western Mediterranean, but lower VLSFO prices will be needed to increase the region's bunker market share.

30 Jan 2020

WinGD Develops Flexible Injector For Low-Density Bunker Fuels

The design can work with low-density as well as conventional bunker fuels.

30 Jan 2020

Scrubber Demand Declined in the Fourth Quarter of 2019: Wärtsilä

Demand is falling from "exceptionally high" levels in the same period a year earlier.

30 Jan 2020

Algeria Suggests Bringing Forward Opec Meeting to Discuss Coronavirus Response

The next meeting may be brought forward to February.

30 Jan 2020

Fratelli Cosulich to Announce New Physical Supply Location in Q1: Platts

The company sold more than 6 million mt of bunkers worldwide last year, according to Platts.

30 Jan 2020

Oil Prices Mixed as Impact of Coronavirus Remains Unclear

Meanwhile, the World Health Organization may issue a global alarm.

29 Jan 2020

Ascenz Joins Rise-X.IO in Offering Bunker Digitalisation Service

The two companies aim to use digitalisation to optimise bunker fuel purchasing.

29 Jan 2020

Genco Shipping Completes Scrubber Installation Programme on 17 Ships

The company's 17 Capesize dry bulk vessels have all been fitted with scrubbers.

29 Jan 2020

Korean Register Publishes Technical Information on Ammonia as a Bunker Fuel

Ammonia requires 4.2 times as much tank space as marine gasoil, according to the Korean Register's data.

29 Jan 2020

LNG Industry Groups Reviewing Anti-Gas Study 'In Depth'

The new study claims LNG has a worse greenhouse gas impact than marine gasoil.

29 Jan 2020

ClassNK Sees Growing Role for Wind Propulsion in Marine Energy

The classification society has joined industry group the International Windship Association.

29 Jan 2020

Fujairah Fuel Oil Stocks Lose 11%: S&P Global Platts

Heavy distillate and residue stocks lost 11% to 10.45 million barrels in the week to Monday.

29 Jan 2020

Scrubber Retrofits Set to Increase in Extended Lunar New Year: Alphaliner

The number of container ships left idle for scrubber retrofits stood at 84 on 20 January.

29 Jan 2020

Wall Street Causes Modest Boost in Oil Prices - But Coronavirus Fears Still Rampant

Some experts warn that concerns of economic impact are overblown.

28 Jan 2020

Commodities Trader Trafigura Announces New Bunkering Arm

TFG Marine PTE Ltd is the name of the new bunkering joint venture between Trafigura, Frontline and Golden Ocean.

28 Jan 2020

Bunker Holding Executive Promoted to COO of Parent Unit USTC

Nina Østergaard Borris joined USTC as COO on 1 January.

28 Jan 2020

VLSFO Shortage in Russian Far East

Rail congestion caused by coal deliveries may be exacerbating the problem.

28 Jan 2020

Opec May Increase Production Cuts After Coronavirus Slump: Platts

Opec members are watching the market closely, a source told Platts.

28 Jan 2020