All News

Crude Oil Prices to Remain in $90-130/bl Band: Kayrros

At current crack spreads, a $90-130/bl Brent price band would equate to a global average VLSFO price band of about $916-1217/mt.

24 Jun 2022

Multiple Firms Mulling Application for Gibraltar LNG Bunker Supply Licence

The application process should take only a few months, and depending on when applications are filed, new licences are likely to emerge in 2023.

24 Jun 2022

CMA CGM to Work With Singapore's MPA on Maritime Decarbonisation

The two organisations have signed a memorandum of understanding seeking to collaborate on the development of capabilities and solutions across maritime decarbonisation, digitalisation and innovation.

24 Jun 2022

Oil Drops On Recession Fears As Demand Destruction Now Openly Debated

Still, analysts can't agree about the near-term outlook for oil.

23 Jun 2022

European Parliament Backs Shipping's Inclusion in Emissions Trading System

The parliament approved the plan as part of a wider package of 'Fit for 55' measures in a vote on Wednesday.

23 Jun 2022

IMO Rule Change to Boost Biofuel Bunker Market: IBIA

Industry body IBIA sets out how a rule change at the IMO this month may help the market for biofuel bunker blends.

23 Jun 2022

Weekly Vessel Scrapping Report 2022: Week 25

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 16 – June 22, 2022.

23 Jun 2022

X-Press Feeders Opts For Carbon Capture Install

With equipment from Value Maritime used on another ship last year.

23 Jun 2022

FueLNG Marks 1000th LNG Truck Supply Operation in Singapore

The firm's truck supply operations have included LNG bunker deliveries to ships as well as deliveries to industry and for use as road transport fuel.

23 Jun 2022

BP Marine to Supply Marine Biofuel in Singapore

Following successful trial.

23 Jun 2022

ExxonMobil: New Base Stock, More LSFO at Singapore Plant

As part of Singapore Resid Upgrade project at Jurong Island refinery.

23 Jun 2022

Oil Plummets On Recession Fears As Analyst Argues For A Bear Market

Meanwhile, Washington's proposal to suspend the gas tax is widely criticized.

22 Jun 2022

Bunker Alert: High Sediment Fuel, Tallinn

VLSFO bunker samples show sediment contents ranging from 0.20 to 0.26% mass, above the ISO 8217 0.10% mass limit.

22 Jun 2022 · Intertek Lintec

Eschandia, Toshiba Partner up on Heavy-duty Fuel Cell Tech

Focus is to improve efficiency of maritime battery power.

22 Jun 2022

Ship Optimisation Firm ZeroNorth Launches New Service for Charterers

The company's new Vessel Selection support service will help charterers to improve fuel consumption predictions with simulations of various operating conditions for the vessels they are considering chartering.

22 Jun 2022

Peninsula Reports Complex Floating Storage Refill Operation in Gibraltar

Earlier this week the company refilled its floating storage tanker the Gladiator with tens of thousands of tonnes of fuel oil over a 30-hour operation.

22 Jun 2022

Njord Designs Fuel-Saving Technology Package for Four Navigare Vessels

The goal will be to reduce the ships' emissions by 6-14% per year.

22 Jun 2022

Oilmar Announces First Bunker Carbon Offset Deal

Earlier this month the company's marine fuels division bought offsets to cover the emissions from the voyage of the FMT Bergama from Huelva to Naples.

22 Jun 2022

MSC Orders 20 LNG-Fuelled Boxships: Alphaliner

The firm has ordered ten 8,100 TEU ships and another ten 11,400 TEU vessels from Jiangsu New Times Shipbuilding.

22 Jun 2022

TFG Marine Hires US Bunker Trader from GCC Supply & Trading

Simon Madsen has joined TFG Marine as a bunker trader in Houston.

22 Jun 2022