All News

Med Port Relies on Regular Traffic to Stay Bunker Demand

Spot demand has seen biggest drop off.

17 Jun 2020

Ship Detained in Singapore

First arrest in port for some months.

17 Jun 2020

North P&I Club Warns of VLSFO Risks With Heat-Sensitive Cargo

Fuels that require heating may cause damage if stored next to heat-sensitive cargo.

17 Jun 2020

Crude Up Again As Virus Concerns Take A Back Seat To Demand Momentum

The International Energy Agency is optimistic about a continued recovery into 2021.

16 Jun 2020

Euronav Sees US Refining Flexibility Behind Current HSFO Strength

The spread was just $49.50/mt at Rotterdam on Monday, according to Ship & Bunker pricing, down from $298/mt at the end of 2019.

16 Jun 2020

Former Coastal Oil Executives Charged With $340 Million Cheating Offences in Singapore: Reuters

Coastal Oil filed for voluntary liquidation in December 2018, and allegations of debt fraud emerged in January 2019.

16 Jun 2020

Panama Bunker Demand Drops to Least Since September

Total sales slipped to 393,316 mt in May, down by 5.1% from the same month a year earlier.

16 Jun 2020

Repsol Invests in Hydrogen

With two new plants in northern Spain.

16 Jun 2020

Singapore Market Criticised by Commodity Firm CEO

Torbjörn Törnqvist says series of recent failure in city state is a concern.

16 Jun 2020

Autonmous Ferry Project Attracts Japanese Companies

Newbuild to have trials in Japanese coastal waters.

16 Jun 2020

Virus Fears No Match For Rising Demand As Crude Prices Escalate Again

But Goldman will still stay clear of the energy sector for the time being.

15 Jun 2020

MSC Suggests Carbon Offsetting as Early Shipping Decarbonisation Measure

The move is an unusual foray into carbon offsetting for the shipping industry, which has largely focused on developing alternative fuels so far.

15 Jun 2020

Petrobras low Sulfur Focus Fuels Exports' Rise

Big monthly increase over a year ago.

15 Jun 2020

Hurtigruten Sees Niche Cruises as Covid-19 Exit Plan

Norwegian ferry and cruise company adds German and UK embarkation ports in expectation of higher demand for its products.

15 Jun 2020

Singapore Bunker Margins Almost Double in a Week

The premium for delivered very low sulfur fuel oil in Singapore over local cargo prices jumped to $25.72/mt on Friday, from $13.98/mt a week earlier.

15 Jun 2020

Barge Addition for Italy's Bunker Energy

Based at Augusta, able to operate in most Italian ports.

15 Jun 2020

GP Global Confirms Hiring of OceanConnect Teams in Hamburg and Athens

In a move first reported by Ship & Bunker two weeks ago, the company has taken on Lars Doering, Karsten Kurth and Oliver Grunau in Hamburg, and Anthi Tsahilidou, Alex Anagnostopoulos and Yiannis Vassilatos in Athens.

15 Jun 2020

Singapore Sees Marginal Decline in Bunker Demand in May

Total demand at the world's largest bunkering hub fell to 3.925 million mt in May, down by 2% from a year earlier and by 4.6% from the previous month.

15 Jun 2020

BMS United Sees 62% Jump in Annual Earnings

BMS posted earnings before tax of $24.3 million in the year to April 30.

15 Jun 2020

Increased COVID Rates Caused Mixed Crude Prices But Analysts Put Faith In Continued Demand

Barclays puts Brent at $41 per barrel for this year.

12 Jun 2020