All News

Sulfur Regulations Improving Air Quality in Hong Kong, Report Says

Sulfur dioxide levels have reportedly decreased in the first week of new low-sulfur regulations.

10 Jul 2015

Total Lubmarine Opens New Lubricant Blending Plant in Singapore

Company says new "state-of-the-art" blending facility will boost annual production capacity of 310,000 mt.

10 Jul 2015

Bunker Consumption "Vastly Different" Between Ships of Similar Designs

"The most efficient crude oil tanker is about one-fifth as fuel-intensive as the least efficient," says The New Climate Economy report.

10 Jul 2015

BIMCO: Dry Bulk Demos Will Ease Despite Record Start to 2015

The monthly scrapping average for H1 2015 is 3.3m DWT, a significant increase on the 1.33m DWT per month averaged in the period for 2014

10 Jul 2015

New Report: Improving Vessel Efficiency Could Save $200 Billion in Bunker Costs by 2035

IMO's EEDI and SEEMP are "expected to save an average of $200 billion in fuel costs and 330 Mt CO2 annually by 2030."

10 Jul 2015

Crude Futures Bullish on Improvement in Chinese Stock Market

We can expect some heavy volatility tomorrow and early next week leading into US stock data.

9 Jul 2015

Greek Debt Woes Push Rotterdam IFO380 Prices Under $300/mt

The product hit a 2015 low of $241.50 pmt on January 22.

9 Jul 2015

Weekly Vessel Scrapping Report: 2015 Week 27

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from July 2 - 8, 2015.

9 Jul 2015

ABS to Class Maersk Line's Second Generation Triple-E Mega-Ships

"Energy efficiency, economy of scale and the environment are still central considerations," ABS notes of the second generation vessels.

9 Jul 2015

Industry Insight: Singapore, China, Greece Lead Bulker Scrapping Surge

"The top players are not too surprising, but their scrapping activity differs when you look at the types of bulkers being sold off," notes VesselsValue.com.

9 Jul 2015

Demand Surge Sees Atlantic Gulf Bunkering Expand MGO, ECA Product Availability

The supplier says it has expanded its owned barging capacity, storage, and third-party trucking availability.

9 Jul 2015

BAHRI Adds Five More VLCCs to its Order List

The deal comes in addition to a previous agreement announced in May for five VLCCs, bringing the total newbuild count to 10.

9 Jul 2015

First LNG Bunkering Operation at Eemshaven Port

Chemgas Shipping's vessel, Sefarina, on Monday received LNG, making it the first LNG bunkering operation at Groningen Seaports.

9 Jul 2015

China Offshore Oil Corp Takes Delivery of Asia's First LNG Only Powered Tug

Hai Yang Shi You 525 has undergone a successful sea trial.

9 Jul 2015

Greek Financial Crisis: Capital Controls Leave Greek Shippers Struggling to Buy Bunkers

Up to a fifth of the country's shipping fleet is said to be stranded in domestic ports due to the country's debt crisis.

9 Jul 2015

Maersk Line in $1.1 Billion Order for Another 9 Containerships

The ships are slated to be delivered n 2017 and will sail under the Singaporean flag.

9 Jul 2015

Singapore's Hin Leong in Surprise Gasoline Sale

Hin Leong, which typically does not sell gasoline, has reportedly sold 50,000 barrels of 92-octane grade gasoline in the Singapore cash market.

9 Jul 2015

WTI Slides to 3 Month Low

We have advised bunker purchasers to not rush especially if they have outward positions 1 to 2 weeks out.

8 Jul 2015

Dan-Bunkering: "Great Ambitions to Expand Further" After Reporting "Very Satisfactory" Year End

Dan-Bunkering added four new offices to the group in Montevideo, Valparaiso, Stamford, and Aalborg over the course of its financial year.

8 Jul 2015

Wärtsilä, MAN Diesel & Turbo and Winterthur Gas & Diesel to Lead Project for Ship Engine Efficiency

The Hercules-2 project aims to support more efficient and environmentally sustainable shipping.

8 Jul 2015