All News

New Bunker Supplier TFG Marine Made Estimated $4 Million Profit in Q1

The IMO 2020 transition appears to have led to early profits for the newly-formed company.

28 May 2020

Fujairah Fuel Oil Stocks Lose 9% on Week

Heavy distillate and residue stocks in Fujairah dropped by 9% to 15.001 million barrels in the week to Monday.

28 May 2020

Argentinian Bunker Sales Gained 70% in First Quarter

Total sales rose to 502,815 mt in the first quarter of 2020, up from 296,320 mt a year earlier.

28 May 2020

Additive Company Lubrizol Joins Getting to Zero Coalition

The company will aim to address how lubricants may need to change as the shipping industry shifts to lower-carbon fuels.

28 May 2020

SDE International Sees Singapore's 2020 Bunker Demand Holding Steady

In January-April of this year sales were 6.6% higher than in the same period a year earlier.

28 May 2020

Oil Down on Geopolitical Tension But Recovery From Virus Lockdowns Still Strong

Meanwhile, Morgan Stanley raises its Brent forecast.

27 May 2020

VPS Reports Sharp Decline in Non-Compliant VLSFO Samples

In March and April this year, just 1.1% of the VLSFO samples tested by VPS had sulfur content above 0.50%.

27 May 2020

Brokerage NSI Hires US Managing Director

NSI is seeking to expand its presence in the US market.

27 May 2020

Shipping Company Golden Ocean Completes Scrubber Installation Programme

The company now has 23 Capesize vessels with scrubbers installed.

27 May 2020

Singapore Bunker Margins Post Small Rally on Signs of Increased Demand

The premium for very low sulfur fuel oil (VLSFO) delivered in Singapore over local cargo prices gained $3.18/mt to $14.57/mt in the week to Friday.

27 May 2020

Ferry Company Scandilines Adds Rotor Sail System Overnight

The 30-meter system was added to the M/V Copenhagen at Rostock in just a few hours.

27 May 2020

Surging Demand, Economic Rebound Sends Crude Prices Up Yet Again

Meanwhile, IEA predicts crude demand won't peak until 2030.

26 May 2020

IBIA Seeks to Develop Bunker Licensing Scheme at Ports Worldwide

The ports of Amsterdam, Rotterdam and Antwerp plan to introduce such a scheme by the start of 2022, following the example set by the Maritime and Port Authority (MPA) in Singapore.

26 May 2020

European Commission Publishes Report on Carbon Emissions From Shipping

The data, from 11,600 ships calling at ports in the European Economic Area (EEA) in 2018, shows the ships contributed a total of 138 million tonnes of carbon dioxide that year.

26 May 2020

Danish Companies Join Forces to Produce Renewable Fuels

AP Moller-Maersk, DSV Panalpina, DFDS, SAS, Ørsted and Copenhagen Airports have all joined the partnership.

26 May 2020

ABS Survey Respondents See Hydrogen and Ammonia as Best Long-Term Bunker Options

In a recent survey the organisation found 60% of respondents saw ammonia and hydrogen as the most attractive fuel options for the long term.

26 May 2020

Rotterdam Bunker Prices Climb to Two-Month High

The VLSFO price at the Dutch port gained $14.50/mt to $255/mt Monday, the highest level since March 16.

26 May 2020

Oil On Track For Best Month Ever As More Criticism Heaped On Economy-Killing Virus Lockdowns

Meanwhile, India plans to store cheap oil in the U.S.

25 May 2020

State of the Industry: Bunker Suppliers, Ship Owners in for Harder Times

Ship & Bunker's complimentary two-hour online event will be held on May 26 at 11 AM CET / 10 AM London / 5pm Singapore time.

25 May 2020

Container Industry Sees Some Blank Sailings Reinstated

Meanwhile the average size of boxship being used on the Asia-North Europe route has increased to 17,000 TEU.

25 May 2020