All News

Singapore Bunker Tech Firm Eyes Expansion
Singapore Bunker Tech Firm Eyes Expansion
Big efficiency gains possible, say founders.
29 Apr 2020
China Announces VLSFO Export Quotas
China Announces VLSFO Export Quotas
A further 5 million mt of quotas for 2020 will be issued later this year.
29 Apr 2020
Hin Leong Fallout Leaves Singapore Bunker Margins Rising Despite Pandemic Effect
Hin Leong Fallout Leaves Singapore Bunker Margins Rising Despite Pandemic Effect
The apparent halt in Ocean Bunkering's activities has boosted Singapore's bunker market profitability, while margins at most ports are sinking rapidly.
29 Apr 2020
Oil Mixed As Economies Reopen And Optimism Builds For Gradual Recovery
Oil Mixed As Economies Reopen And Optimism Builds For Gradual Recovery
Amrita Sen predicts that supply and demand will begin rebalancing in June.
28 Apr 2020
Integr8 Reminds Customers to Consider Smaller Ports for Attractive Bunker Prices
Integr8 Reminds Customers to Consider Smaller Ports for Attractive Bunker Prices
The company in particular pointed out the price advantage for very low sulfur fuel oil at Lisbon -- at a discount to Gibraltar's levels of $22/mt on Monday, according to Ship & Bunker pricing.
28 Apr 2020
Greek Start-up Backed by London Investment Firm
Greek Start-up Backed by London Investment Firm
Athens-based Deepsea uses software to monitor fleet performance and suggest improvements such as greater efficiency and reduced emissions.
28 Apr 2020
Petrobras: Bunker Demand Buoyant During Pandemic
Petrobras: Bunker Demand Buoyant During Pandemic
Oil producer reverses cuts to meet demand.
28 Apr 2020
Container Line OOCL Reports Just 0.4% Slip in Q1 Volumes Despite Pandemic
Container Line OOCL Reports Just 0.4% Slip in Q1 Volumes Despite Pandemic
The company carried a total of 1.598 million TEU in the first quarter of this year, down from 1.606 million TEU in the same period a year earlier.
28 Apr 2020
Spanish Port to Consider LNG Bunkering
Spanish Port to Consider LNG Bunkering
Almeria to set up study to look at feasibility of supplying the alternative bunker fuel.
28 Apr 2020
Singapore Authorities Warn of High Incidence of Scrubber Malfunctions
Singapore Authorities Warn of High Incidence of Scrubber Malfunctions
Ships can report a scrubber malfunction to their flag registry if they are concerned it may cause them to drop out of compliance with the new 0.50% sulfur limit.
28 Apr 2020
PwC to File Preliminary Report on Hin Leong Within Eight Weeks
PwC to File Preliminary Report on Hin Leong Within Eight Weeks
A hearing at Singapore's High Court was brought forward to Monday at the request of some of Hin Leong's lenders.
28 Apr 2020
S&B VIEWPOINT: Can Russia Cling on to Its Bunker Market Share in the IMO 2020 Era?
S&B VIEWPOINT: Can Russia Cling on to Its Bunker Market Share in the IMO 2020 Era?
Historically Russian bunker demand has totalled around 10-12 million mt/year.
28 Apr 2020
Oil Plunges Again, Analysts Say Ending The Virus Lockdowns Is The Solution
Oil Plunges Again, Analysts Say Ending The Virus Lockdowns Is The Solution
Meanwhile, a leading U.S., scientist calls the lockdowns "immature."
27 Apr 2020
Asia Storage Under Pressure
Asia Storage Under Pressure
Onshore tanks in India 95% full: report.
27 Apr 2020
IMO's Fourth Greenhouse Gas Study is On Schedule Despite Coronavirus
IMO's Fourth Greenhouse Gas Study is On Schedule Despite Coronavirus
The study is due to be published towards the end of this year.
27 Apr 2020
Chinese Ports Record Rising Bunker Spot Sales
Chinese Ports Record Rising Bunker Spot Sales
Zhoushan, Shanghai, Hong Kong report rise in spot sales.
27 Apr 2020
Rio Tinto Requires Shipowners Not to Use Bunkers From Hin Leong
Rio Tinto Requires Shipowners Not to Use Bunkers From Hin Leong
The new wording in the bunker supplier clause asks shipowners to confirm their vessels are not carrying bunkers supplied by Hin Leong, its marine fuels unit Ocean Bunkering or any other related companies.
27 Apr 2020
Storage Capacity Fears Prompt Weaker Crude Values
Storage Capacity Fears Prompt Weaker Crude Values
As oil futures marked their third straight week of losses last week.
27 Apr 2020
Singapore Found Just Two Cases of IMO 2020 Non-Compliance in First Quarter
Singapore Found Just Two Cases of IMO 2020 Non-Compliance in First Quarter
The two ships "found to be using non-compliant fuel" without a scrubber were detained at the port and only allowed to leave once they had switched to using a compliant fuel.
27 Apr 2020
Rosneft Sold 112,000 MT of VLSFO in First Quarter
Rosneft Sold 112,000 MT of VLSFO in First Quarter
The oil company's marine fuels unit, Rosneft Bunker, is now selling low-sulfur fuels in the Black Sea, Arctic and Baltic regions as well as the Russian Far East.
27 Apr 2020