All News

Baleària Ups LNG Bunkering Capabilities

With new high-efficiency fuel delivery system in the port of Valencia.

7 Jan 2020

Oil Surges - But Fails to Spike - After Problematic Iran Strike Against U.S. in Iraq

Analysts agree prices will escalate in 2020 - but not for long.

7 Jan 2020

Maersk Tankers Spins Off Digital Business Targeting Fuel Efficiency

The business will primarily be selling its bunker management software to vessel owners and managers in the tramp shipping industry.

7 Jan 2020

Bomin's Paul Millar Sees Potential 20% Drop in Bunker Traders Operating by End-2020

Millar sees IMO 2020 driving some companies out of business, while mergers and acqusitions may hit others.

7 Jan 2020

Bimco Suggests IMO 2030 Carbon Reduction Target Should be Toughened

The IMO's initial strategy on GHG emissions reduction envisages a cut of at least 40% to carbon emissions per transport work by 2030.

7 Jan 2020

Wärtsilä Scrubber Gains Approval in China

The approval will allow the systems to be installed on CCS class vessels without further emissions testing.

7 Jan 2020

Danish Court Reveals Bunker Holding Charged in Dan-Bunkering Syria Case

A naming ban on the marine fuels group and its CEO was lifted by Denmark's Eastern District Court Monday.

7 Jan 2020

Skepticism of Iran's Ability to Strike Back at U.S. Causes Oil Prices to Steady

Still, experts think the conflict may still have significant economic impact.

6 Jan 2020

Essar Shipping Expects Scrubber Payback in 18-24 Months

The company is installing scrubbers on four of its twelve ships.

6 Jan 2020

FinCo Fuel Group Takes Majority Stake in Biofuel Producer GoodFuels

The companies aim to work together to develop carbon emission reduction strategies for the shipping industry.

6 Jan 2020

Japan's "K" Line Says LNG Not Enough to Meet IMO 2030 Carbon Target

The shipping firm's CEO highlighted environmental challenges in a New Year message to employees.

6 Jan 2020

North P&I Club Sets Out Members' IMO 2020 Concerns

The P&I club expects to see "many more disputes" over bunker availability, quality, and sulfur content.

6 Jan 2020

KPI Bridge Oil Appoints New Denmark Managing Director

Patrick Hoé joins the company from his previous position in sales for the wind power industry.

6 Jan 2020

Container Line CMA CGM Raises Low Sulfur Surcharge Value to $275/mt

The box ship operator had previously set a $200/mt surcharge applicable from December 1.

6 Jan 2020

Bunker Prices: Don't be Fooled by What you See at the Moment

The picture is being heavily influenced by panic and short term transitional logistical issues. The future is going to be very different.

6 Jan 2020

Oil Prices Jump on Killing of Iran's Military Leader; Retaliation And Even Peace Predicted

Meanwhile, Kilduff stresses there is still "a ton of spare capacity."

3 Jan 2020

IMO2020 Fuel Availability Concerns Fading

"From everything we're hearing availability is there," says ICS' Esben Poulsson.

3 Jan 2020

Iran Downplays VLSFO Shortage Concerns

NIOPDC says IRISL's fuel needs will be met.

3 Jan 2020

India Expands VLSFO Production

HPCL produced its first batch of max 0.50% sulfur VLSFO in early December.

3 Jan 2020

First 2020 Crude Trading Day Marked by Conflicting Geopolitical Sentiment

Meanwhile, analysts once again forecast the demise of U.S. shale.

2 Jan 2020