All News

Malaysian Bunker Market Heats Up

The Malaysian bunker market is likely to benefit from growing demand in Southeast Asia this year as Singapore becomes more congested.

12 Jan 2021

Aon Launches Bunker Price Hedging Product

New product comes into play when prices move beyond a set limit.

12 Jan 2021

Orim Energy Hires Former Trefoil COO as Head of Bunkering

Orim is seeking to expand its business in Northwest Europe and the Mediterranean.

12 Jan 2021

Shippers Wary of BAF's Return

Widening differential between high and low sulfur fuel oil could see boxship operators invoke bunker adjustment factor.

12 Jan 2021

Four Gas-Powered Giant Boxships to Join CMA CGM Fleet in First Half of 2021

The ships will be among the largest vessels in the world, and will add significantly to global LNG bunker demand as they enter service.

12 Jan 2021

Scrubber Repair Industry Expands Further

Last year several warnings emerged that some scrubber models were suffering from damage to their overboard discharge pipes from the steady flow of corrosive material passing through them.

12 Jan 2021

Titan LNG Wins Licence for Western Scheldt Bunker Operations

The company sees the Western Scheldt as a strategic area for LNG bunkering.

12 Jan 2021

Saudi Cuts Minimize Crude Losses As Virus Infection Concerns Intensify

Meanwhile, analysts think oil stocks will decline this year despite demand concerns.

11 Jan 2021

Zhoushan Annual Bunker Sales at Main Anchorages Jump 37%

The port's total annual bunker sales for 2020 rise 15% y-o-y.

11 Jan 2021

LNG Bunkering Supporters Prominent Among IBIA Board Candidates

The candidates are standing for three board positions.

11 Jan 2021

Hedging Company Global Risk Management Hires Pension Fund Executive as CFO

Jacob Nørgaard will take up the role as of May 1.

11 Jan 2021

Almost Half of South Africa's Refining Capacity May Stay Offline For a Year

The Engen refinery near Durban and the Astron Energy plant at Cape Town are expected to remain offline until at least 2022.

11 Jan 2021

Iceland: Fishing Boat in Oil Spill Threat

Vessel goes down off eastern Icelandic coast with 10,000 litres of fuel oil on board.

11 Jan 2021

Caribbean Refinery Given More Time to Restart

St Croix plant could be fully operational later this month.

11 Jan 2021

Giant Boxship Speeds Jumped in December: VesselsValue

Seasonal shopping activity helped boost container ship speeds at the end of the year.

11 Jan 2021

Turkey Hikes Marine Pollution Fines

The Turkish authorities have raised the fines by 9.11%.

11 Jan 2021

General Cargo Ship Arrested in Singapore

General cargo ship held in southeast Asian port.

11 Jan 2021

Oil Posts Weekly Gain On Saudi Output Commitment, As Analysts Debate Demand Recovery

Meanwhile, Citigroup boosts its price forecasts for 2021.

8 Jan 2021

UAE Announces Reopening of Sea Borders With Qatar

The change will come into effect as of the start of Saturday.

8 Jan 2021

INTERVIEW: KPI OceanConnect CEO Bullish on Acquisitions and Competition From Smaller Traders

Søren Høll sets out his views on the state of the bunker industry, KPI OceanConnect's attitude to acquisitions and smaller competitors 'trying their luck' in a tough market.

8 Jan 2021