All News

Oil Prices Decline, But Spot Prices Are Catching Up To Futures

Meanwhile, analyst views Texas freeze as beneficial to meeting the five-year average.

18 Feb 2021

Weekly Vessel Scrapping Report: 2021 Week 7

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 5 – February 17 2021.

18 Feb 2021

BLUE's Adrian Tolson Backs Crude-Price Link to Bunker Quality Problems

"I see price in terms of both direction of movement and overall level for both marine fuel and crude oil as important in patterns of quality claims in bunkers."

18 Feb 2021

S&B ANALYSIS: Gazprom Neft Sees 40.8% Bunker Sales Drop on Russian Market Collapse

Moving on from HSFO has come at a heavy cost to Russia's bunker market.

18 Feb 2021

Teco 2030 Plans Fuel Cell Factory

With production aimed at maritime sector.

18 Feb 2021

Panama Bunker Sales Lost 14.2% at Start of 2021

The country saw total bunker sales of 409,767 mt last month, according to the latest data from the Panama Maritime Authority.

18 Feb 2021

Bunker Fuel Spill Off Pacific Solomon Islands

Heavy fuel oil reported to have leaked from ship in southwestern Temotu province.

18 Feb 2021

Japan: Refinery Shutdown may Impact Bunker Supply

Recent earthquake hits plant operations.

18 Feb 2021

Wallenius Wilhelmsen Plans Wind-Powered Vehicle Carrier

The company plans to have a design ready for its concept, the Orcelle Wind, to work with a shipyard by mid-2022.

18 Feb 2021

Red Sea Bunkering Adds Floating Storage to Boost Djibouti Market

The company has acquired an 80,000 DWT product tanker to act as floating storage offshore Djibouti.

18 Feb 2021

Turkish Supplier CYE Petrol Adds Bunker Barge

The MT Tomris-E has joined the company's fleet and has been reflagged to Turkey.

18 Feb 2021

Straits Inter Logistics Takes on New Bunker Barge to Expand HSFO Sales

Sierra Pioneer Marine, an investment holding company controlled by Straits Inter Logistics, has agreed to buy the MT Guo Kang No 1 from Ocean World Inc.

17 Feb 2021

S&B ANALYSIS: Maersk Gives Boost to Nascent Methanol Bunker Industry

Methanol bunkering is still in its infancy as an industry.

17 Feb 2021

Two-Tier VLCC Market Emerges With Only Scrubber-Equipped Tonnage Making Profit

Widening bunker price spreads are making themselves felt in the tanker markets.

17 Feb 2021

Bunker Margins, Not Outright Prices, Are Key to Fuel Quality Problems: NSI

"It is clear if you cannot sell as bunkers at a significant premium over cargo then one of three things has to happen: the actual quantity delivered has to drop, short-cuts are taken with blending or companies go bust."

17 Feb 2021

All Future Maersk Newbuildings Will Be Able to Run on Zero-Carbon Fuels

Maersk will operate a feeder vessel running on synthetic or bio-methanol by 2023.

17 Feb 2021

Greek Marine Fuel Trader Premium Bunkering Shuts Down

The company's founder and managing director, Panayotis Bachtis, has taken up a new job running ZeroNorth's Piraeus office.

17 Feb 2021

The Big Chill Boosts Oil Prices, But Analyst Says $60 Is Enough Growth For Now

Meanwhile, insiders think OPEC will soon ease its output curbs.

16 Feb 2021

Danish Supreme Court Confirms Monjasa's Victory in Sao Tome Bunker Cargo Dispute

Stena Oil had argued that it was due compensation for a cargo confiscated by Sao Tome's authorities and sold on to Monjasa in 2013.

16 Feb 2021

Maersk Tankers Fuel Efficiency Spin-Off ZeroNorth Opens Greek Office

The firm has hired Panayotis Bachtis, previously managing director of marine fuel supplier Premium Bunkering, to run the Piraeus office as general manager.

16 Feb 2021