All News

Oil Markets: Saudis, Russia Again Send Signals That Geopolitical Strife Won't Affect Their Output

Russia's growing independence could render hostile U.S. sanctions near-ineffective.

17 Aug 2018

U.S. Crude Posts 7th Straight Weekly Loss With More Volatility Expected

Again, one expert thinks crude could drop to the $50s and rise to the $100s in a short time frame.

17 Aug 2018

Bilfinger: Scrubber Market Has "Huge Potential"

With orders to outfit 42 vessels "in the past weeks alone" firm expects "vigorous demand" for scrubbers that are a "practically competition-free product."

17 Aug 2018

VOPAK to Convert 500,000 cbm of Rotterdam Capacity for IMO 2020 VLSFO

Our terminals in Fujairah, Rotterdam, and Singapore will be fully ready to support new market requirements, storage firm says.

17 Aug 2018

Golden Ocean: 16 Scrubbers Ordered, Options for 9 More

"We are taking to optimize the fleet by installing scrubbers," says GOGL.

17 Aug 2018

Singapore Suppliers Offering Discounts to Avoid Bad Bunker Claims: Reports

Contaminated fuel reported to have been offered at between $5 to $8/mt below the going market rate.

17 Aug 2018

Electrification of Ships Building Momentum: Rolls-Royce

Company launches new marine battery system.

17 Aug 2018

YARA Orders World's First Autonomous and Electric Container Vessel

To launch in 2020, the vessel will gradually move from manned operation to fully autonomous operation by 2022.

17 Aug 2018

Weekly Vessel Scrapping Report: 2018 Week 33

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 9 – August 15, 2018.

16 Aug 2018

IMO2020: TORM to Install Scrubbers on 14 Vessels

The programme includes all vessels currently on order and the three LR2 vessels that were delivered earlier in 2018.

16 Aug 2018

Aegean Completes $1bn Mercuria Finance Deal

Aegean Chairman Donald Moore calls it a "transformative transaction."

16 Aug 2018

Bad Bunkers: Damage From Contaminated Fuel in Pictures

Reports of "bad bunkers" have been one of the main talking points of the summer.

15 Aug 2018

How Do Major Spills Still Happen With Double Hull Tankers?

Bow Jubail spill highlights bunkers are the achilles heel of double-hull tankers.

15 Aug 2018

Bow Jubail Bunker Spill: Too Early to Comment on Specific Clean Up Cost Coverage, says Odfjell

But says coverage of claims "will be in full accordance with Dutch law and regulation, and governed by the relevant international conventions."

15 Aug 2018

CPC Announces Suspension of IFO380 Bunkering at Taichung

Move due to annual maintenance of bunker barge.

15 Aug 2018

IMO2020: NORDEN Makes $54 million Commitment to Scrubbers

Sees an estimated financial return of approximately 25% within 5 years.

15 Aug 2018

IMO2020: Drewry Sees LSFO Premium at $87 in 2023, Falling From $300 in 2020

Quickly narrowing spread has implications for those considering scrubbers.

14 Aug 2018

IMO2020: Another Tanker Owner Opts for Scrubbers, Eyes Competitive Advantage

GULFNAV also adds bunker-saving tech to vessels.

14 Aug 2018

Singapore: Is the 8% Drop in July's Bunker Sales Significant?

Fall comes amid recent reports of fuel quality problems.

14 Aug 2018

FOBAS Alert: High Aluminium + Silicon (Catfines) Levels in Fuels from Mina al Ahmadi, Kuwait

Al+Si content at concentrations that may not readily reduce to acceptable levels.

14 Aug 2018