News Prices Demand Map

Free Registration
& Daily Email

All News

6 Countries are Responsible for Almost 60% of All Bunker Sales

Singapore, Fujairah, Rotterdam, Hong Kong, and Antwerp are the top 5 ports.

OPEC Warns on Substantial Spike in Low Sulfur Bunker Prices, Heavy Discounts for HSFO

As in 2008, diesel-IFO differentials of $600/tonne could recur and remain until the market is able to respond, "which could take some time."

Bomin Buys Bunkers International Inventory, But $5M Acquisition Bid Falls Through

Bunkers International's bankruptcy attorney Scott Shuker confirms the details to Ship & Bunker.

Crude Futures Start the Year Down

By the end of the day both ICE and NYMEX markets leveled off due to more problematic short term issues.

South Korea to Launch $1.2 Billion Fund for Shipping

The fund is said to be intended to bring more stability to the country's shipping sector and encourage investment into new vessels.

New Analysis Predicts "Astounding" Growth in Global LNG Bunkering Market

Transparency Market Research says market will expand at 63.6 percent CAGR.

Low Bunker Prices Push Up Tanker Worldscale Rates for 2016

The news comes following the Worldscale Association's annual rate recalculation.

Raya Subsidiary Partners with Tumpuan Megah to Enter Malaysian Bunker Market

Selatan Bunker has signed a partnership agreement with Tumpuan Megah Development for the development of bunkering services in Pasir Gudang.

China Approves Another Shipping Merger

Sinotrans & CSC Holdings will become a wholly owed subsidiary of China Merchants Group, no longer directly controlled by the SASA.

Tankoil / Dynamic Oil Trading Relationship Examined: Ex-Singapore Top 10 Bunker Supplier Owed DOT $156 Million at Time of Bankruptcy

Tankoil / Dynamic Oil Trading Relationship Examined: Ex-Singapore Top 10 Bunker Supplier Owed DOT $156 Million at Time of Bankruptcy

Trustee can't find any sound commercial principles for their transactions, and says OW Bunker should have terminated the relationship in 2012.

Bunker Demand Has Seen Only "Marginal" Growth Since 2008

OPEC says growth had been curbed by bunker reduction efforts including slow steaming, and more efficient ship designs.

Bunker Consumption Outlook: Demand Expected To Increase Almost 90% in Developing Countries

OPEC expects fuel oil to be "almost entirely eliminated" from the European bunker markets by the end of 2040.

Ship Owners Have "Little Incentive" to Invest in Scrubbers Prior to 2020, Says OPEC

There is uncertainty over the implementation date for a new global sulfur cap, and bunker costs can generally be passed through to the end customer.

New White Paper: Shore Power Nine Times More Costly than Fuel Switching for PM

Analysts call for incentives if shore power is prioritized as an emissions reduction strategy.

Carnival Firms Up Orders For Four Vessels Under Fincantieri Partnership

Carnival says it is expanding its fleet of vessels to take advantage of a "beyond all expectations" boom in the cruise sector.

Brightoil's Singapore Subsidiary Agrees To Buy Another 10 Bunker Vessels for Delivery Throughout 2016

Brightoil Petroleum says that currently low prices for bunker barges make this an opportune time to expand its fleet with 10 new vessels.

Scorpio Bulkers Sells 5 More Vessels, Announces Reverse Stock Split

Scorpio bulkers says it has agreed to the sale of three Capesize dry bulk vessels and two newbuilding Capesize dry bulk vessels.

Traditional Bunkers Will Trump LNG Well into the Future: OPEC

The cartel says the high cost of LNG development versus the current low cost of oil will dissuade significant investment.

Cyprus Sees Bunker Sales Drop

The total stocks of petroleum products at the end of November rose 6.1 percent compared to the previous month.

OW Bunker Collapse: SØIK Aiming to Conclude Criminal Liability Investigation in 2016

A new report released by OW Bunker's bankruptcy trustees will be taken into consideration within the organisation's own investigation.

‹ 1315 1316 1317 1318 1319 ›