All News

Fuel Oil Storage Sees Weakening Demand on 2020 Deadline

Weaker storage demand reported on US Gulf Coast.

15 Mar 2018

COSCO Eyeing Use of Methanol Bunkers

Shipping giant says its a key step to move toward new clean transportation fuels.

14 Mar 2018

Construction Complete on First Scrubber-Equipped VLCC

The vessel also features a bunker saving rudder and propeller design.

14 Mar 2018

Crude Fails to React to Likely US Policy Shift on Iran

However, Helima Croft thinks Iran and Venezuela will have a huge impact on the market beginning in May.

14 Mar 2018

BP Sees Surging Demand Growth and U.S. Dominance as Saudis Stick to the OPEC Oil Cuts

BP says the U.S. could represent half of the world's total growth in oil supply over the next 20 years.

14 Mar 2018

Italian Appeal Court Rejects Request for Temporary Stop on Maxcom's Trading Activities

Preliminaries in case to be heard on March 16 following charges against former managing director.

14 Mar 2018

Singapore: Cargo Throughput up in February

Container cargo up but oil cargoes were down.

14 Mar 2018

Shippers "Playing Chicken" over IMO2020 with 30% Noncompliance Expected: Wood Mackenzie

But BP believes noncompliance will be closer to 9%.

14 Mar 2018

IMO 2020 Rule: Shipowners' Perspective

An estimated 51,000 commercial ships were registered around the world in 2016.

14 Mar 2018

RBC Warns of Looming Oil Supply Gap As OPEC Mulls Shift in Oil Cut Targets

Once again the notion is raised that the metrics measuring supply and demand need to be broadened.

13 Mar 2018

HSFO Carriage Ban a Boost for LNG Bunkers: SEA/LNG

A ban lessens the chances of being undercut by less scrupulous operators looking to burn non-compliant fuels, it says.

13 Mar 2018

Crude Down Due to Shale Surge, But Tillerson Exit Viewed as Good News For The Bulls

American output will hit a new record high in April of 6.95 million barrels per day.

13 Mar 2018

Intertek Acquires Malta-Based Bunker Surveyor

"The acquisition of AAS will expand our quality inspections footprint in the Mediterranean region," says André Lacroix, Chief Executive Officer of Intertek.

13 Mar 2018

Pro-LNG Group Throws Weight Behind IMO Non-Compliant Fuel Carriage Ban

"We urge formal approval of this proposal at MEPC 72 in April to ensure early adoption at MEPC 73 (in October)," says SEA\LNG chairman Peter Keller.

13 Mar 2018

Harvey Gulf CEO Seeks to Reassure on Future of LNG Bunkering

Harvey Gulf LNG-fuelled ships are out on longterm charters.

13 Mar 2018

Singapore: Monthly Bunker Sales Edge Up

500 CST and LSMGO increased sales over period.

13 Mar 2018

IMO2020 Switchover Dates and the Effect on Demand, Storage and Liquidity

The market is poised as a perfect place for a large trading house to make money offering volume and liquidity in return for reductions in price from the supplier, writes NSI's Paul Hardy.

13 Mar 2018

Worry Over Rising U.S. Output Causes Crude to Drop 1.1 Percent

The bearish outlook now is of range bound WTI at between $58 and $63 per barrel.

12 Mar 2018

EU MRV Fuelling Efforts to Reduce Bunker Consumption

New regs hove prompted an uptick in fuel-saving modification work, says Hydrex.

12 Mar 2018

ING Suggests Doomed OPEC Cutbacks Render Pointless Iran's Aim of Keeping Oil at $60/bbl

The bank believes the longer the deal goes on, the more members will pump all out to regain market share lost to the Americans.

12 Mar 2018