All News

Bunker Jobs: Senior Bunker Fuel Traders in London and Europe

Very high basic salaries and very flexible working conditions await.

2 Apr 2021

Oil Jumps 3% On OPEC Easements As Analysts Reiterate Demand Recovery Optimism

Meanwhile, Eurozone industrial activity skyrockets.

1 Apr 2021

Weekly Vessel Scrapping Report: 2021 Week 13

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 25 – March 31 2021.

1 Apr 2021

Japan to Establish Investment Guidelines for GHG Heavy Industries

Shipping among sectors considered GHG-heavy where firms may access transitional finance.

1 Apr 2021

Georgia Ports Authority Plans 20% Expansion of Savannah Container Capacity

Savannah handled 390,804 TEU of cargo in February, up by 7.2% from the same month a year earlier and the busiest February on record.

1 Apr 2021

CRYO Shipping Sets up Southeast Asian LNG Bunker Operation

Last week the company bunkered Altera Infrastructure's shuttle tanker the Altera Wind with about 1,900 m3 of LNG in the Singapore Strait.

1 Apr 2021

Finnish Shipping Group to go Carbon Neutral

Meriaura Group to pilot ship in Lake Saimaa for launch in 2024.

1 Apr 2021

TFG Marine Hires Bunker Trader in Geneva

The new hire joined the company from the start of April.

1 Apr 2021

NewOcean Energy Prepares For Scaled-Down Bunkering Business After 2020 Loss

The company was selling oil products at a loss in March and April 2020 to clear stocks.

1 Apr 2021

Oil Declines On OPEC Demand Recovery Forecast, But Bullish Sentiment Still Prevails

Meanwhile, experts ponder possible outcomes of OPEC Thursday meeting.

31 Mar 2021

Tanker Company International Seaways to Merge With Diamond S Shipping

The companies expect to save more than $23 million in annual costs after merging.

31 Mar 2021

Maersk Halts Spot Bookings on Suez Blockage Backlog

"We have earlier communicated that even when reopened, the blockage of the Suez Canal would have ripple effects on global supply chains for weeks to come."

31 Mar 2021

Fujairah Bunker Market Recovers From Refinery Outage

Heavy distillate and residue stocks at the port jumped by 16% on the week to 8.236 million barrels as of March 29.

31 Mar 2021

MOL Seeks to Develop Wind-Powered Bulker

The firm has signed a memorandum of understanding with renewable energy company Enviva to work on the project together.

31 Mar 2021

NewOcean Energy Posts Profit Warning on Bunker Margin Slump

The company also noted problems in recovering money from its customers.

31 Mar 2021

Seaspan Orders Six 15,500 TEU Scrubber-Equipped Container Ships

The six 15,500 TEU ships will be delivered between the second half of 2023 and the middle of 2024.

31 Mar 2021

Oil Down On Unblocked Canal As Analysts Now Focus on Thursday OPEC Meeting

Meanwhile, the Saudis are expected to maintain output cuts into June.

30 Mar 2021

Suez Blockage Puts Djibouti in Spotlight as Bunkering Destination

Bunker volumes were up by around 25% from their normal levels last week as the 20,000 TEU container ship Ever Given blocked the canal.

30 Mar 2021

Rosneft Saw 32% Collapse in Bunker Sales in 2020

The company sold 1.9 million mt of bunker fuel last year, down from 2.8 million mt in 2019.

30 Mar 2021

Gunvor Outlines Energy Transition Goals

Switch to eco ships will curtail carbon footprint.

30 Mar 2021