All News

Rotterdam VLSFO Drops Below $500/MT

The delivered VLSFO price at the Dutch port sank by $22.50/mt to $491/mt on Monday.

10 Aug 2021

Oil Tumbles Again As Analysts - Except One - Worry That Delta Variant Will Derail Demand

The rally in the U.S, dollar is also impacting prices.

9 Aug 2021

TFG Marine Provides Update on Bunker Supply Volumes

The firm is operating in more than 80% of the world's key bunkering regions.

9 Aug 2021

First Cruise Ship Calls at Hambantota for Bunkers

Local supplier Lanka Marine Services announced the relaunch of bunker supply at the port in March.

9 Aug 2021

New Zealand's Only Refinery to Become Storage Terminal

Refining NZ shareholders have voted to convert the Marsden Point refinery to a fuel import terminal.

9 Aug 2021

California Energy Shortage Puts 'Pause' on Long Beach Shore Power Service

Last year a similar suspension was imposed from August 17-20.

9 Aug 2021

Fire Reported on 54-Year-Old Livestock Carrier Off Tarragona

The fire was reported on the Togo-flagged livestock carrier the Elbeik, built in 1967, off the coast of Tarragona on Friday.

9 Aug 2021

Shipbuilder Fincantieri Signs Green Hydrogen Deal

The company has signed a memorandum of understanding with Enel Green Power Italia to work together on integrated solutions for green hydrogen production, supply, management and use at ports and in long-distance shipping.

9 Aug 2021

Oil Tumbles 7% For The Week As Covid Fears Fully Consume Trading Sentiment

But one analyst thinks the Delta fears may be overblown.

6 Aug 2021

Maersk Q2 Bunker Consumption Gains 16.8% on Year

The firm used 2.7 million mt of bunkers in the second quarter, up from 2.3 million mt in the same period a year earlier.

6 Aug 2021

Scorpio Tankers Invests in Methanol-Fuelled Shipping

The firm has taken a minority stake in a portfolio consisting of five refined product and methanol tankers designed to run on methanol and four ice-class LR1 product tankers.

6 Aug 2021

New Bunker Supply Operation in Indonesia

The port authority has signed a memorandum of understanding with PT Pertamina Patra Niaga to set up bunker supply in the Sunda Strait and other Indonesian waters.

6 Aug 2021

MOL Takes on Two LPG-Fuelled VLGCs

MOL subsidiary Phoneix Tankers has signed a deal with Namura Shipbuilding to build the ships.

6 Aug 2021

Emulsion Fuel Firm Quadrise Nears End of Utah Production Testing

The firm has now received samples from one of its units run by Greenfield Energy in Utah.

6 Aug 2021

Oil Prices Up Slightly As Unemployment Claims Continue To Drop

But experts continue to be swayed by grim Covid news from Asia, U.S.

5 Aug 2021

Weekly Vessel Scrapping Report: 2021 Week 31

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 29 – August 4, 2021.

5 Aug 2021

US Regulator to Quiz Eight Container Lines on Surging Freight Costs

CMA CGM, Hapag-Lloyd, HMM, Matson, MSC, OOCL, SM Line and Zim have been asked to submit evidence.

5 Aug 2021

Container Line MSC 'Does Not Recognise' Allegations in Shipper's Lawsuit

MSC said it received no formal complaint before the lawsuit was filed.

5 Aug 2021

Fremman Capital Completes Acquisition of Testing Firm VPS

The firm has finalised the purchase of IK Investment Partners' stake in VPS.

5 Aug 2021

Baltic Exchange Adds CO2 Emissions Data to Spot Freight Assessments

For each route it assesses the company is adding total CO2 emissions indications based on both full and eco speeds, as well as Energy Efficiency Operating Indicator (EEOI) values.

5 Aug 2021