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Malaysia's Straits Energy Resources Reports 1.3% Gain in Q1 Bunkering Profit
Malaysia's Straits Energy Resources Reports 1.3% Gain in Q1 Bunkering Profit
The firm saw pre-tax profit of 3.9 million ringgit ($890,276) from its oil trading and bunkering services unit in the first quarter of this year.
27 May 2022
South African Authorities 'Optimistic' Over Algoa Bay Bunker Spill Impact
South African Authorities 'Optimistic' Over Algoa Bay Bunker Spill Impact
No oil has reached the beaches, most of the spilled oil has been cleaned, no oiled birds have been spotted and no oil sheen is visible on the water.
27 May 2022
Peninsula: Low Viscosity VS Lubricity in Fuel Quality Analysis
Peninsula: Low Viscosity VS Lubricity in Fuel Quality Analysis
Jeroen de Vos, head of quality at Peninsula, discusses the difference between low viscosity and lubricity in marine fuels.
27 May 2022 · Jeroen de Vos, Peninsula
BUNKER JOBS: CLIA Seeks Environment and Safety Senior Manager
BUNKER JOBS: CLIA Seeks Environment and Safety Senior Manager
The organisation is looking for candidates with a good knowledge of international and European shipping legislation.
27 May 2022
S&B ANALYSIS: Supply Crunch Sends Singapore VLSFO Premium to Rotterdam to Record High
S&B ANALYSIS: Supply Crunch Sends Singapore VLSFO Premium to Rotterdam to Record High
Singapore's bunker supplies are tightening just as demand looks set to improve following the re-opening of Shanghai.
27 May 2022
Funnel Fire Halts Carnival Cruise Ship
Funnel Fire Halts Carnival Cruise Ship
The Carnival Freedom safety response crew extinguished a fire inside the ship's funnel while in port at Grand Turk on Thursday.
27 May 2022
Weekly Vessel Scrapping Report 2022: Week 21
Weekly Vessel Scrapping Report 2022: Week 21
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 19 – May 25, 2022.
26 May 2022
Shrinking Supply Buoys Oil Prices, But Demand Destruction Is Beginning
Shrinking Supply Buoys Oil Prices, But Demand Destruction Is Beginning
Meanwhile, the U.K. imposes a 25% windfall tax to aid poor homeowners.
26 May 2022
Algoa Bay Bunkering Suspended After Fuel Spill From Minerva Vessels
Algoa Bay Bunkering Suspended After Fuel Spill From Minerva Vessels
The spill took place in Algoa Bay on May 23 during a transfer between the tanker Umnega II and the barge MT Lefkas.
26 May 2022
CMA CGM Boxship in First Pipe-to-Ship LNG Bunkering at Cartagena
CMA CGM Boxship in First Pipe-to-Ship LNG Bunkering at Cartagena
Spain's Enagas and Repsol jointly bunkered the Borealis with LNG at the Cartagena gas terminal earlier this month.
26 May 2022
Repsol, Aramco to Build Synthetic Fuels Plant in Spain
Repsol, Aramco to Build Synthetic Fuels Plant in Spain
The facility will use green hydrogen and CO2 to produce up to 2,100 mt/year of a synthetic drop-in fuel.
26 May 2022
Japanese Firms Plan Ammonia-Fuelled Tugboat
Japanese Firms Plan Ammonia-Fuelled Tugboat
NYK Line, IHI Power Systems and ClassNK have signed a memorandum of understanding with the City of Yokohama for the planned vessel to be used there.
26 May 2022
BUNKER JOBS: Monjasa Seeks Office Assistant in Vietnam
BUNKER JOBS: Monjasa Seeks Office Assistant in Vietnam
The firm is looking for candidates with one or two years of experience in administration or customer service.
26 May 2022
Another U.S. Stock Draw Causes Oil Price Boost, But Numbers Are Deceiving
Another U.S. Stock Draw Causes Oil Price Boost, But Numbers Are Deceiving
Meanwhile, Aramco's chief reiterates that the global market is balanced.
25 May 2022
Russia Clears Port of Mariupol of Mines
Russia Clears Port of Mariupol of Mines
But ships warned to be cautious if navigating the area.
25 May 2022
Maersk: Our Methanol Demand Could Reach 6 Million MT/Year by 2030
Maersk: Our Methanol Demand Could Reach 6 Million MT/Year by 2030
Some Maersk vessels may also be running on ammonia by 2030.
25 May 2022
US Fuel Oil Deliveries Jump to Five-Year High
US Fuel Oil Deliveries Jump to Five-Year High
The organisation cited shipping companies switching from distillate fuels to residual fuels in response to surging MGO prices as a likely cause.
25 May 2022
Glencore to Pay $341 Million Fine Over US Fuel Oil Price Manipulation
Glencore to Pay $341 Million Fine Over US Fuel Oil Price Manipulation
Glencore employees conspired to manipulate the Houston and Los Angeles 380 CST fuel oil price assessments published by S&P Global Platts between January 2011 and August 2019.
25 May 2022
UK Steps up Research Into Green Shipping Projects
UK Steps up Research Into Green Shipping Projects
Second funding round of already established programme announced.
25 May 2022
'Huge Task Ahead' to Make Ammonia Mainstream, Says Ship Exec
'Huge Task Ahead' to Make Ammonia Mainstream, Says Ship Exec
Amount of ammonia currently being produced would need to increase by over tenfold to meet future demand from shipping.
25 May 2022