All News

New LNG Bunkering Operation Coming to Galveston Later This Year

Galveston Wharves has signed a memorandum of understanding with gas company Stabilis Solutions to facilitate the use of LNG bunkers at the port.

4 Aug 2021

Delta Fears Continue To Hamper Oil Prices, But Drawdowns Remain Steady

Meanwhile, BP defies expectations with massive Q2 earnings.

3 Aug 2021

BUNKER JOBS: Yara Marine Seeks Wind Propulsion Director

The company is looking for candidates with a business or technical degree in a relevant field.

3 Aug 2021

21 New LNG-Fuelled Ship Orders in July

A total of 563 LNG-fuelled ships have already been delivered or are on order.

3 Aug 2021

Marshall Islands-Flagged VLCC Arrested in Singapore

The Chloe V was arrested in Singapore at 12:50 PM on July 30 on behalf of law firm Resource Law Asia.

3 Aug 2021

Insurer Allianz Reports Small Impact From IMO 2020 Transition

The industry has 'by and large' responded well to the transition.

3 Aug 2021

Court Hearing Set Up for Ocean Tankers Winding-Up Application

The hearing will be held at Singapore's High Court at 10am local time on August 16.

3 Aug 2021

MOL Seeks Fleet of 90 LNG-Fuelled Ships by 2030

The company has just ordered four more gas-powered car carriers from Shin Kurushima Dockyard.

3 Aug 2021

Maersk Hikes 2021 Profit Guidance

The company now expects its EBITDA for 2021 to reach $18-19.5 billion, up from previous guidance of $13-15 billion.

3 Aug 2021

Covid Fears Reinfect Crude Traders, Oil Prices Plunge Over 3%

Analysts note that Covid is affecting sentiment far more than fundamentals.

2 Aug 2021

Maersk Hires Renewable Fuels Trading Chief From BP

The new hire has joined Maersk Oil Trading as of this month.

2 Aug 2021

Feasibility Study Backs Brooge Plan to Add 25,000 b/d Fujairah VLSFO Plant

The company plans to build a 25,000 b/d modular refinery focused on VLSFO production, a larger 180,000 b/d conventional refinery and a 2.5 million m3 oil storage facility.

2 Aug 2021

Germany Joins Anti-Piracy Group ReCAAP

Germany is the organisation's 21st contracting party.

2 Aug 2021

US Seizes Cameroon-Flagged Small Clean Products Tanker

A New York federal court entered a judgement of forfeiture over the 2,734 DWT oil products tanker Courageous on Friday.

2 Aug 2021

BUNKER JOBS: Multiple Roles Open at Cockett Group

The company is currently seeking an operations executive in Singapore, as well as several marine fuels traders at locations around the world.

2 Aug 2021

US Shipper Sues Container Lines Over Alleged Exploitation in Surging Freight Market

The company filed a lawsuit with the Federal Maritime Commission on July 28 claiming violations of the 1984 US Shipping Act.

2 Aug 2021

Alpha Trading Hires Bunker Industry Veteran Neil Lamerton

Lamerton was previously sales manager for LQM in London.

2 Aug 2021

Oil Posts Fourth Straight Monthly Gain As Investors' Fear Of Covid Abates

Meanwhile, demand skyrockets in former Covid hot spot of India.

30 Jul 2021

Port of Rotterdam Seeks to Develop Large-Scale Hydrogen Imports

The port authority has signed an agreement with Koole Terminals, Chiyoda Corporation and Mitsubishi Corporation to carry out a feasibility study on the possibility of bringing hydrogen from overseas to one of Koole's terminals at Rotterdam.

30 Jul 2021

34 Organisations Join Ammonia Bunker Research Project

Japan's ITOCHU Corporation set up the joint study framework with 23 companies and organisations as members, and a further 11 have now joined.

30 Jul 2021