All News

IBIA CONVENTION: Bunker One USA Sees 30-40% Increase in Barge Renewal Costs

Georgia Kounalakis, managing director of Bunker One USA, mentioned the rising costs in a panel session at the IBIA Annual Convention 2022 in Houston last week.

23 Nov 2022

BUNKER JOBS: BMS United Seeks Fuel Oil Trader in Hong Kong

The firm is looking for candidates with several years of solid sales and trading experience.

23 Nov 2022

Maersk Plans to Shift 25% of Cargo Using Green Fuels by 2030

The company's target is to transport a minimum of 25% of its ocean cargo using green fuels by 2030.

23 Nov 2022

Oil Ekes Out Minuscule Gains On The Aftermath Of Saudi Hard Line

Meanwhile, a neutered Russian price cap scheme is unveiled.

22 Nov 2022

Korean Register Seeks to Bring Methanol Bunkering to Ulsan

The two organisations have signed a memorandum of understanding seeking to establish Ulsan as a low-carbon energy hub supporting methanol-fuelled ships.

22 Nov 2022

IMO to Discuss Role of Carbon Capture to Meet GHG Targets at Key Meeting Next Month

The UN body does not yet have a firm position on the technology's status, but some submissions on carbon capture from member states will be discussed at the Marine Environment Protection Committee meeting in December.

22 Nov 2022

Commodities Firm Nimofast to Offer LNG Bunkering in Brazil

Nimofast Brasil has signed a deal to offer LNG bunkering, small- and medium-scale LNG shipping and small-scale floating storage units in Brazil from 2025.

22 Nov 2022

IBIA CONVENTION: Access to Credit Will Require Improved Compliance and Transparency in 2023

"I think the elephant in the room is fraud," Point Bonita Capital's Ross Berger told a panel session at the IBIA convention last week.

22 Nov 2022

IBIA CONVENTION: Gloomy Forecasts for Bunker Industry's Prospects in 2023

The inflation that came alongside this year's advance in energy markets is now raising concerns over the central-bank response bringing a global recession.

22 Nov 2022

IBIA CONVENTION: Boxship Bunker Demand 'Down 20% on Year'

Hartree's Marc Holm sees inflation as the main driver for weaker boxship demand.

22 Nov 2022

Dan-Bunkering Key Account Manager Leaves Company

Michael Dam Kietz, a key account manager for Dan-Bunkering based in its Middelfart head office, resigned on Monday and is now on garden leave.

22 Nov 2022

BUNKER JOBS: Peninsula Seeks Hedging Desk Trader in Singapore

The firm is looking for candidates with previous experience in bunker trading or physical supply and risk management.

22 Nov 2022

Singapore VLSFO Drops to Lowest Level Since Start of 2022

VLSFO delivered in Singapore hit the lowest price level since January 7 on Monday.

22 Nov 2022

IBIA CONVENTION: Uncertainty Over How to Implement Bunker Industry Code of Conduct

IBIA is in the process of revising its code of ethics into an enforceable code of conduct.

22 Nov 2022

Industry Bodies Unite on EU-ETS Well-to-Wake Approach Message

The industry bodies argue it is 'crucial' for the EU-ETS regulation to take in a full well-to-wake picture of the emissions footprint of alternative fuels.

22 Nov 2022

Singapore: MPA, DNV Extend Cooperation on Maritime Decarbonization

MoU also covers digitalization and talent development for sustainable and smart maritime ecosystems.

22 Nov 2022

Oil Flat As Demand Fears Collide With Supply Shortage Angst

Meanwhile, the countdown for the Russian price caps implementation has begun.

22 Nov 2022

NYK, MOL to Develop Ammonia-Fueled Vessels

As part of MoUs signed with Japanese energy major JERA Co., Inc.

21 Nov 2022

Singapore: Jail Time for Another Surveyor in Shell MGO Heist Case

Former Intertek surveyor pleaded guilty to accepting $15,000 in bribes.

21 Nov 2022

Regulations, Not Availability, Holding Back Uptake of Carbon Neutral Bio-LNG: SEA-LNG

"Bio-LNG can help decarbonize shipping today," the group says.

21 Nov 2022