All News

Distillates Will Not Dominate Post 2020 Bunker Market: ExxonMobil

"There's going to be a lot of blending, and there's still going to be a lot of residual fuel oil," says ExxonMobil's marine marketing manager, Iain White.

23 Feb 2018

Crude Prices Escalate, But UAE Thinks They Need to be Higher

This is despite widespread worry that $60-plus oil is causing rampant U.S. production to affect market rebalancing efforts.

23 Feb 2018

IMO2020: Transition to 0.50% Sulfur Cap Starts Now, Ends on Jan 1, 2020

Saudi Arabia and Iran among those suggesting a transition period after Jan 1, 2020 be considered.

23 Feb 2018

IMO2020: Exxon, BP See Future for Low Sulfur Residual Fuel

0.5% fuel oil could account for over half of market over longer term.

23 Feb 2018

WFS Posts Annual Loss for 2017

With restructuring and impairment costs eating into company's bottom line.

23 Feb 2018

Hualien: Bunker Supply Limited to Tank Truck Following Concern Over Pipeline Leakage

Repairs will take at least six months.

23 Feb 2018

Storage Facing Big Questions Ahead of IMO2020: Vitol

Low sulfur products need to build ahead of 2020, while fuel oil stocks will also build due to a lack of demand, notes Vitol's Chris Bake.

22 Feb 2018

Crude Prices Drop Despite Unexpected Inventory Decline - But Analysts Warn of "Ballooning" Supply

Rising production from non-OPEC sources reportedly could cover demand growth to 2020.

22 Feb 2018

World Fuel Services Sold 26.5 Million MT of Bunkers in 2017

WFS says it has witnessed "growing weakness" in maritime markets over the last year.

22 Feb 2018

Weekly Vessel Scrapping Report: 2018 Week 8

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 15 – February 21, 2018.

22 Feb 2018

TMS Cardiff Gas Looks to Reduce Bunker Costs

Company to use Eniram analytics services on four TFDE LNG Carriers.

22 Feb 2018

Aegean's Mcilroy: HEC Acquisition Is Pathway Back to Profit

Diversification is right way to go in current tough bunker market.

22 Feb 2018

Nauticor Expands LNG Bunker Supply to Rotterdam

Company intends to introduce an LNG bunker vessel before the end of this year.

22 Feb 2018

Traders Ignore OPEC Rhetoric and Cause Crude Losses on Word of Stockpile Increase

OPEC is looking to discuss a long-term oil agreement with allies in June.

21 Feb 2018

Hurtigruten Hybrid-Powered Newbuild Launched by Kleven

The newbuild is part of a two-vessel order placed in April 2016, which includes the option for two more ships.

21 Feb 2018

World's First LNG-Powered Bulk Carrier Delivered

The 50,000 dwt bulk carrier is under the dual-class of Lloyd's Register (LR) and Korean Register.

21 Feb 2018

IMO2020: Europe Refined Product Market to See Extra Cost Added Post-2020

From paying more for distillates and getting less from fuel oil.

21 Feb 2018

Aegean Agrees to Acquire Port Services Firm HEC Europe

Shares, cash and debt deal is worth $367 million.

21 Feb 2018

Aegean Expects Q4 2017 Loss of $28.2 Million

"Our expected fourth quarter headline results do not tell the full story of the cost cutting and bold steps we have taken," says Aegean's President Jonathan McIlroy.

20 Feb 2018

Total Lubmarine Announces Latest Addition to EAL Range

The new grease product is known as BIO OG PLUS.

20 Feb 2018