All News

LNG Leads Field on Curtailing Shipping's Carbon Footprint

Gas bunker fuel scores highest on GHG reduction compared to other alternative marine fuels.

24 Jun 2020

Hin Leong Restructuring Only Viable With Ocean Tankers and Universal Terminal: PwC

Hin Leong on its own "will have no reasonable prospects of being restructured or rehabilitated," PwC said in its preliminary findings Tuesday.

24 Jun 2020

Almost All Top Container Lines Cut Capacity: Alphaliner

Eleven of the top twelve carriers have reduced their overall fleet capacity in the first half of 2020.

24 Jun 2020

Large Inventory Build Causes Oil Price Slip, But Analysts Still Bullish On Full Recovery

Meanwhile, all-important jet travel is slowly reviving.

23 Jun 2020

Pacific Green Retreats From Scrubber Sales as HSFO Discount Remains Narrow

The scaling down of Pacific Green's ambitions for its marine business is the latest sign of gloomy prospects for scrubbers.

23 Jun 2020

IBIA Makes Bunker Training Course Available Online

The course is available as on demand content from now until September 30.

23 Jun 2020

Methanol Marine Fuel Gets Research, Funding Boost

Fastwater project aims to show commercial viability of fuel.

23 Jun 2020

Hundreds of Scrubber Retrofits Could be Cancelled: Clarkson

Upto to 700 installations could be dropped or postponed.

23 Jun 2020

Norway's MPC Plans Covid-19 Debt Restructure

Bondholder meeting called for early July, reports successful completion of all scrubber retrofits.

23 Jun 2020

KPI Bridge Oil Reports 70% Jump in Annual Earnings

The company posted earnings before tax of $28.5 million and revenue of $2.2 billion in the year to April 30.

23 Jun 2020

Cruise Firm Carnival Extends 'Operational Pause' to September

The company's US unit originally imposed an 'operational pause' for 30 days from March 13, and has since extended it three times.

23 Jun 2020

Analytical Expectations of a Pullback Are Defied As Crude Prices Climb Again

But Deloitte warns that consolidation will be the deepest the industry has ever seen.

22 Jun 2020

China to Supply 6% of Global Bunker Demand

China will soon be self-sufficient in low sulfur bunker fuel.

22 Jun 2020

Stena Bulk to Offer Low-Carbon Shipping Options to Customers

Following a recent trial of a 100% biofuel bunker used in a transatlantic voyage, the company now plans to offer its customers a range of low-carbon shipping options.

22 Jun 2020

Maersk Owned Digital Platform Reaches out to Market

Zeronorth platform focused on ship operation.

22 Jun 2020

Marseilles-Fos Eyes LNG Bunker Fuel Future

With second gas bunkering operation and bunker barge to be deployed next year.

22 Jun 2020

Bunker Futures Contract Starts at Shanghai Exchange

Contract likely to be well received in market, market sources say.

22 Jun 2020

Singapore Bunker Margins Decline

The premium for very low sulfur fuel oil (VLSFO) delivered in Singapore over cargo prices there dropped to $19.71 on Friday from $25.72/mt a week earlier.

22 Jun 2020

Oil Achieves More Gains As Traders Inspired By Economic Recovery

However, the Saudis warn of the "inevitability" of hiccups in our recovery.

19 Jun 2020

TFG Marine Loses New CEO After Three Months

TFG announces a surprise exit for Anders Grønborg at the end of September.

19 Jun 2020