All News

Fujairah Fuel Oil Stocks Climb to Three-Week High

Heavy distillate and residue stocks at Fujairah jumped by 12% in the week to Monday to reach 12.621 million barrels.

6 May 2020

Record Number of Boxships Take Longer Cape Route as Bunker Prices Slide

At least 20 sailings have taken the Cape route to the south of Africa on their way between Europe and Asia since the end of March, according to Alphaliner.

6 May 2020

Huge Surge In Crude Prices As Vehicular Traffic And Back To Work Movement Builds

But health experts insist this will merely trigger round two of the pandemic.

5 May 2020

Bunker Market Instability an Opportunity to Grow: Minerva Bunkering CEO

In the second part of Ship & Bunker's interview with Tyler Baron, the Minerva Bunkering CEO sets out how his company is reactiing to the current stresses hitting the bunker industry.

5 May 2020

Dry Bulk Carrier Detained in Australia Over Carriage Ban Violation

The ship was forced to debunker its fuel before being released.

5 May 2020

Chinese VLSFO Imports Decline After Local Production Boost

Fuel oil exports from Singapore and Malaysia to China dropped to 550,000-650,000 mt and 650,000-750,000 mt respectively in March.

5 May 2020

Carnival Plans Gradual Resumption of Cruise Activity from August

The company plans to operate eight ships from Miami, Port Canaveral and Galveston from August 1.

5 May 2020

DNV Sees Open-Loop Scrubber Payback Time at Four Years

The VLSFO-HSFO price spread at Rotterdam was at $56.50/mt on Monday and hit a record low of $26.50/mt on April 28, according to Ship & Bunker pricing, down from $298/mt at the end of 2019.

5 May 2020

Minerva Bunkering CEO Sees Sales Volumes Grow in Shrinking Market

In an interview with Ship & Bunker, Minerva CEO Tyler Baron sets out how his company is emerging from the Aegean Marine Petroleum restructuring process.

5 May 2020

Oil Prices On The Upswing As More Countries Reopen And Vaccine Trials Show Continued Promise

Meanwhile, the Saudis are headed for a massive GDP contraction.

4 May 2020

VLCC Bookings For Floating Storage Reach at Least 71: Argus

The 71 VLCCs are in addition to at least 31 Suezmaxes and 23 Aframaxes booked on similar terms

4 May 2020

Hapag-Lloyd Seeks Longer Bunker Credit Terms in Response to Coronavirus

Container shipping has been heavily affected by the economic shock from the crisis, with a large slice of global capacity left idle last month.

4 May 2020

Australia Awards First Ship-to-Ship LNG Bunkering Licences

The Pilbara Port Authority has given licences to supplier Woodside Energy to provide ship-to-ship LNG bunkering services at the ports of Port Hedland and Dampier

4 May 2020

China State Shipbuilding Delivers World's Largest LNG Bunker Barge

China State Shipbuilding Corporation delivered the Gas Agility on April 30.

4 May 2020

S&B ANALYSIS: Bunker Hubs Showing Surprising Coronavirus Resilience

Buoyant demand at the world's largest bunker ports may be a result of them benefiting at the expense of smaller ports.

4 May 2020

Emerging Demand Recovery Breaks Oil's Weekly Losing Streak As Criticism Of Virus Lockdowns Mounts

Meanwhile, Goldman forecasts "bullish" crude market.

1 May 2020

US Gulf VLCC Rates Lose 28% on Week: Platts

The cost for a US Gult-China VLCC dropped by $4.5 million on the week to reach $11.5 million by Thursday.

1 May 2020

IMO Postpones July Meetings

The meetings were of the IMO council, the subcommittee on implementation of IMO instruments and the joint IMO/ITU experts group on maritime radiocommunication matters.

1 May 2020

Istanbul Bunker Market Shrinks by 20%: Source

Total bunker demand at the Turkish port has slipped to just under 200,000 mt/month so far this year, down from around 250,000 mt/month two years ago.

1 May 2020

Green Marine Environmental Performance Rating Expands to Europe

The Green Marine label has been used in the US and Canada so far, with more than 140 shipowners, port authorities, terminal operators and shipyard managers participating.

1 May 2020