All News

Oil Rebounds, But Threat of Russia/Saudi Price War Still Worries Analysts

Meanwhile, another expert dismisses claims that U.S. shale was in Russia's crosshairs.

10 Mar 2020

Sea-Intelligence Sees COVID-19 Impact on Container Freight 'Subsiding Rapidly'

The past two weeks have seen a "tapering off" in new boxship blank sailing announcements, according to the marine analysis firm.

10 Mar 2020

FONAR Filings Do Not Reflect True Scale of VLSFO Shortages: BIMCO

A lack of FONARs being filed does not necessarily mean that VLSFO supply has been sufficient in every port.

10 Mar 2020

Clean Marine Brings Scrubber Retrofit Time Down to 30 Days

The company has recently retrofitted a VLGC with a hybrid scrubber in 30 days.

10 Mar 2020

Saudi Aramco to Hike Crude Supply to 12.3 Million B/D in April: CEO

Total Saudi production was just 9.69 million b/d in February.

10 Mar 2020

Houston Extends Lead as Most Expensive Bunker Hub for VLSFO

Houston's VLSFO prices first overtook Singapore and Fujairah on February 21, according to Ship & Bunker pricing.

10 Mar 2020

Bunker Jobs: Brokers Wanted

Dubai, London, and worldwide remote positions are available.

10 Mar 2020

Historic Losses For Crude Point to U.S. Shale In Russia's Crosshairs, Say Analysts

Meanwhile, IEA wants Saudis and Russia to abandon playing "Russian Roulette."

9 Mar 2020

S&B ANALYSIS: OPEC+ Collapse and COVID-19 Could be Perfect Storm for Bunker Suppliers

Suppressed demand meeting rapidly increasing supply may mean trouble for smaller bunker suppliers.

9 Mar 2020

Standard Club Warns Against Using Open-Loop Scrubbers in Brazil

Brazil's current position on open-loop scrubber discharge is unclear, according to Standard Club.

9 Mar 2020

Lithuania's Port of Klaipeda Joins LNG Bunkering Club

LNG bunker supplier Cryo Shipping delivered 45 cubic meters of LNG in an ISO container to the cement carrier MV Greenland on Sunday

9 Mar 2020

IEA Sees Global Oil Demand Falling for First Time in 11 Years

Global demand may drop by 90,000 b/d this year compared with 2019.

9 Mar 2020

Brazil's Petrobras is 'Fully Capable' of Meeting VLSFO Demand: Company

FONARs filed in January mentioning compliant fuel shortages in Brazil mostly referred to ports where Petrobras does not operate.

9 Mar 2020

Oil Price Collapses Overnight in Sharpest Intraday Loss Since 1991

Brent crude futures dropped as low as $31.02/bl, the biggest decline since the Gulf War in 1991, down from Friday's close of $45.27/bl.

9 Mar 2020

ANALYSIS: The Strange Death of 180 CST Fuel Oil

By January of this year 180 CST HSFO represented just 0.02% of total marine fuel demand in Singapore.

9 Mar 2020

Wallenius Wilhelmsen Sees COVID-19 Causing 20% Q1 Decline in Freight Volume

The extent of the impact in the second quarter will depend on the rate of recovery in Asia, the spread of the virus and the reaction in the global economy, the company said.

6 Mar 2020

Liberian-Flagged Dry Bulk Carrier Under Arrest in Singapore

The arrest is the first of 2020 in Singapore.

6 Mar 2020

Euronav Buys Another Scrubber-Equipped VLCC

The company bought the ship, currently under construction at the DSME shipyard in South Korea, for $93 million.

6 Mar 2020

COVID-19 Freight Disruptions See Dry Cargo Shift Away From Boxships

The virus outbreak has reportedly left parts of the world short of containers, causing a rise in boxship freight rates.

6 Mar 2020

Petrobras February Fuel Oil Exports Jump to Record High

The country's fuel oil exports reached 238,000 b/d in February, or more than 1 million mt.

6 Mar 2020