All News

Monjasa Reports Fivefold Increase in Profits Ahead of IMO 2020

Profit jumped to $26.5 million for 2019 from $5 million a year earlier.

15 Apr 2020

Banks' Exposure to Hin Leong Totals at Least $3 Billion: Bloomberg

As many as 10 banks have exposure to the firm, Bloomberg reported Wednesday.

15 Apr 2020

Scorpio Bulkers Completes 11th Scrubber Installation

The company estimates the total cost of its scrubber installation programme across all 45 ships at $95.4 million.

15 Apr 2020

MSC Recovers After Suspected Cyberattack

The incident affected the availability of MSC's website and some of its digital tools for a few days.

15 Apr 2020

Crude Traders Unimpressed With Crude Cutback Deal, While Coronavirus Spread Continues To Abate

Meanwhile, WHO is blasted for supporting China wet markets.

14 Apr 2020

Armed Men Board Ship in Strait of Hormuz

The ship was boarded at 1:28 PM London time while at anchor close to Ras al Kuh in the south-east of Iran.

14 Apr 2020

Lawyers See Coronavirus Obscuring IMO 2020 Compliance Picture

"The disruption to international shipping caused by Covid-19 has pushed sulphur cap issues well and truly from the headlines."

14 Apr 2020

VLSFO Price Spreads Narrow Across Top Four Bunker Hubs

The VLSFO price spread between the most and the least expensive of the top four bunker ports narrowed by $7.50/mt to $23/mt on Monday.

14 Apr 2020

Carnival Cruise Line Extends Cancellations to June

All sailings up to and including June 26 will be cancelled.

14 Apr 2020

Samsung Heavy Industries to Build LNG-Fuelled VLCCs

The two VLCCs are due for delivery by April 2022.

14 Apr 2020

GP Global Adds Bunker Supply Operation in Hamburg

The new operation will be led by Peter Beelenkamp, formerly of Trefoil International and SK Energy Europe.

14 Apr 2020

OPEC Cutback Deal Hailed As Warding Off Disaster, While U.S. Moves Towards Reopening Economy

Meanwhile, coronavirus figures are dwarfed by those of Influenza A and B in 2020.

13 Apr 2020

OPINION: Accurate Scrubber Wash Water Monitoring will Protect Shipowners Investing in Scrubbers

It is highly likely that stringent wash water monitoring guidelines will be ratified in the near future, writes Chelsea Technologies' Elizabeth Paull.

13 Apr 2020 · Elizabeth Paull, Managing Director, Chelsea Technologies

Singapore: Inter-Pacific Served Winding Up Order

Parent of former top 20 bunker supplier started a court-led debt restructuring process last September.

13 Apr 2020

Two "Major" Shipping Companies Show Interest in Quadrise's Emulsion Bunker Fuel

Both said to have large fleets and leading positions in scrubber implementation.

13 Apr 2020

Singapore Bunker Demand Sees Surprise March Surge

Total sales rose to 4.332 million mt last month, up by 11.41% from February and by 5.66% from March 2019.

13 Apr 2020

OPEC+ Seeks Even Bigger Output Cuts As Momentum To Re-Open Businesses Heats Up

Governments' measures to combat the coronavirus are being reassessed.

10 Apr 2020

China's Sinopec Bullish on Global Bunkering Growth

After completing its inaugural stem at the Sri Lankan port of Hambantota.

10 Apr 2020

Downturn Sparks Bunker Industry Mergers and Acquisitions Interest

"For those that can, it's a good time to buy."

10 Apr 2020

Tacoma Gets Funding for Shore Power Project

Northwest Seaport Alliance has received a grant of $1M.

10 Apr 2020