All News

YARA Orders World's First Autonomous and Electric Container Vessel

To launch in 2020, the vessel will gradually move from manned operation to fully autonomous operation by 2022.

17 Aug 2018

Weekly Vessel Scrapping Report: 2018 Week 33

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 9 – August 15, 2018.

16 Aug 2018

IMO2020: TORM to Install Scrubbers on 14 Vessels

The programme includes all vessels currently on order and the three LR2 vessels that were delivered earlier in 2018.

16 Aug 2018

Aegean Completes $1bn Mercuria Finance Deal

Aegean Chairman Donald Moore calls it a "transformative transaction."

16 Aug 2018

Bad Bunkers: Damage From Contaminated Fuel in Pictures

Reports of "bad bunkers" have been one of the main talking points of the summer.

15 Aug 2018

How Do Major Spills Still Happen With Double Hull Tankers?

Bow Jubail spill highlights bunkers are the achilles heel of double-hull tankers.

15 Aug 2018

Bow Jubail Bunker Spill: Too Early to Comment on Specific Clean Up Cost Coverage, says Odfjell

But says coverage of claims "will be in full accordance with Dutch law and regulation, and governed by the relevant international conventions."

15 Aug 2018

CPC Announces Suspension of IFO380 Bunkering at Taichung

Move due to annual maintenance of bunker barge.

15 Aug 2018

IMO2020: NORDEN Makes $54 million Commitment to Scrubbers

Sees an estimated financial return of approximately 25% within 5 years.

15 Aug 2018

IMO2020: Drewry Sees LSFO Premium at $87 in 2023, Falling From $300 in 2020

Quickly narrowing spread has implications for those considering scrubbers.

14 Aug 2018

IMO2020: Another Tanker Owner Opts for Scrubbers, Eyes Competitive Advantage

GULFNAV also adds bunker-saving tech to vessels.

14 Aug 2018

Singapore: Is the 8% Drop in July's Bunker Sales Significant?

Fall comes amid recent reports of fuel quality problems.

14 Aug 2018

FOBAS Alert: High Aluminium + Silicon (Catfines) Levels in Fuels from Mina al Ahmadi, Kuwait

Al+Si content at concentrations that may not readily reduce to acceptable levels.

14 Aug 2018

ARA: ExxonMobil Claims Another MFM First

Is now delivering its HDME hybrid fuel using the technology.

14 Aug 2018

Another New Hire for Sing Fuels

Krishnamachari Srinivasan joins as Director, Finance & Operations.

13 Aug 2018

Crude Prices Soft as Uncertainty Rules: Analysts See $50/bbl Just as Likely as $100/bll

Even news from minor players like Turkey are spooking traders.

13 Aug 2018

Saudi Output Cuts and Strong U.S. Dollar Spells Calamity for Crude Prices: Analysts

The outcome is described as an "almost unbearable burden" for the market.

13 Aug 2018

World Fuel Services Subsidiary Takes Legal Action Against Bomin in Alleged Bad Bunker Incident

WFS' wholly owned Costa Rican subsidiary Trans-Tec also names Singapore's TKK Shipping in a complaint that revolves around bunkers lifted in Panama.

13 Aug 2018

INTERTANKO: Attempt to Link Bad Bunkers with IMO 2020 Enforcement Delay a "Deliberate Diversion"

May well be a an attempt to keep any guilty party out of the spotlight, the tanker association says.

13 Aug 2018

Alleged Bad Bunker Problem in Hong Kong: Sources

A case involving "components not normally found in marine fuels" is under investigation.

13 Aug 2018