All News

Trefoil Hires Inatech in Management System Rethink

IT at the company will be consoldiated into a single platform.

13 Feb 2020

Fuel Oil Decline Drags Down Port of Rotterdam 2019 Liquid Bulk Throughput

Liquid bulk throughput slipped marginally to 211.2 million mt last year despite growth in crude volumes.

13 Feb 2020

Weak Bunker Demand Foreshortens Volatility: Report

A prolonged period of market volatility from the IMO 2020 transition now seems unlikely, say traders.

13 Feb 2020

Sea-LNG Plans Report on Biomethane Availability to Develop IMO 2050 Planning

The group expects to publish an "independently conducted report" on the subject sometime in the first quarter of this year.

13 Feb 2020

Vopak Sees IMO 2020 Drop in Oil Storage Occupancy Rates

"IMO-related out-of-service capacity" led to occupancy rates in Vopak subsidiaries dropping as low as 82% by the third quarter of 2019.

13 Feb 2020

Proposed 2020-Compliant VLSFO Specs

Now that 2020 is here, one of the serious issues is one of safety of the VLSFO fuel; the other one is price.

13 Feb 2020

Brightoil Poised to Sell its Bunker Business

Firm says a sale and purchase agreement has been signed.

13 Feb 2020

Surprise Jump For Crude As New Cases Of Coronavirus Decline

Meanwhile, signs indicate that Russia is close to participating in output cuts.

12 Feb 2020

VIEWPOINT: Does Euronav's VLCC Purchase Signal an End to the War on Scrubbers?

With Euronav and Maersk now backing away from earlier criticism of scrubbers the industry's most powerful opponents have recanted.

12 Feb 2020

Shipping Company Seanergy Completes Scrubber Installations on Half Its Fleet

Seanergy has fitted scrubbers to five of its Capesize dry bulk vessels.

12 Feb 2020

Euronav Seeks Second Mover's Advantage Taking on First Scrubber-Equipped VLCCs

The company has agreed to buy three new scrubber-equipped VLCCs currently under construction in South Korea for $280.5 million.

12 Feb 2020

Fujairah Fuel Oil Stocks Slip From 10-Week High

Heavy distillate and residue stocks dropped by 7.6% to 11.88 million barels in the week to Monday.

12 Feb 2020

Bureau Veritas Reports VLSFO Aromatic Content No Higher Than HSFO

Thousands of VLSFO blends have been tested, with none showing higher aromatic content than HSFO.

12 Feb 2020

Australian Start-Up Partners With Singapore University to Take on Illegal Bunkering

Data science students will be working on computer models based on AIS data.

12 Feb 2020

Maersk Appoints Chemicals Executive as New Chief Financial Officer

Former CFO Carolina Dybeck Happe left Maersk after less than a year in the role to become General Electric's CFO in November.

12 Feb 2020

2019 Was a Record Year for Alternative Bunker Fuels

DNV GL anticipates a significant pick-up of both interest and investments in all alternative fuels in 2020.

12 Feb 2020

Forecast of Coronavirus Peaking Buoys Crude; All Eyes Now On OPEC To Deliver Deeper Cuts

Meanwhile, demand growth forecast at less than 1 million bpd.

11 Feb 2020

Lukoil Expands Bunker Supply Operations at St Petersburg: Report

The company has acquired the ice-class vessels G.Puccini and G.Rossini.

11 Feb 2020

Database Initiative to Focus on Shipping Emissions

Baltic Exchange Geospock partnership could see wide range of datasets collected.

11 Feb 2020

Shipping's 'Carbon Intensity' Falls on Slow Steaming: Study

ICCT suggests tougher targets needed to meet 2050 GHG goals.

11 Feb 2020