All News

Arte Bunkering in International Expansion as Russian Market Falters

Arte Bunkering's widening of focus away from the Russian markets helped it avoid too big a shock from this year's dip in sales there.

7 Dec 2020

Hafnia Hires Former WFS Trader as Bunker Manager

The new hire is based in the company's Copenhagen office.

7 Dec 2020

Jas Hennessy Brings Back Sail Ships for Cognac Cargoes

The shipments are scheduled to begin in 2023, with one ship departing per month.

7 Dec 2020

Japan Expects 'Significant Amount' of Ammonia Bunker Demand by 2030

The country's Ministry for Economy, Trade and Industry will introduce ammonia into the fuel mix for power and shipping towards the end of this decade.

7 Dec 2020

South Africa's Engen Refinery Closed After Fire

An extended shutdown may cause problems for the South African bunker market.

7 Dec 2020

LNG Marine Fuel Institute Moves on From LNG

The organisation from now on will be known as the Clean Marine Fuel Institute.

7 Dec 2020

Ocean Bunkering Set for Liquidation Following Hin Leong Scandal

The demise of one of Singapore's largest bunker suppliers follows the alleged fraud at its parent company, Hin Leong Trading.

7 Dec 2020

Shell Seeks to Double LNG Bunker Barge Fleet by 2025

The company currently has six LNG delivery vessels in its fleet.

4 Dec 2020

Explosion Reported at Engen's Durban Refinery

The refinery is one of the main suppliers of bunker fuel in the South African market.

4 Dec 2020

India's Petronet to Establish LNG Bunkering Unit

The company is also at an advanced stage of discussion to acquire an LNG bunker barge.

4 Dec 2020

BIMCO Sees Almost Half of Newbuild Bulkers Come With Scrubbers

The scrubber installations appear to have fallen mostly on the larger ships delivered this year.

4 Dec 2020

Vitol Pays $135 Million to Resolve Brazilian Fuel Oil Pricing Bribery Case

Vitol is alleged to have bribed officials from Petrobras for confidential fuel oil pricing information that helped it win fuel oil contracts with the firm.

4 Dec 2020

IBIA Seeks Member Donations to Fill Covid Funding Gap

Association is in a "challenged position" due to restrictions imposed by the pandemic.

4 Dec 2020

IBIA Annual Dinner Cancelled for 2021

Due to ongoing restrictions related to the Covid-19 pandemic.

4 Dec 2020

Capesizes Earning More With a Scrubber: BIMCO

Despite VLSFO premium over HSFO falling under $50/mt this year.

4 Dec 2020

OPEC Compromises, Oil Declines, But Excitement Over Covid Vaccines Grows

Meanwhile, Chevron announces capital and exploration cuts.

3 Dec 2020

Danish Ship Finance Sees First Mover Advantage in Zero-Carbon Shipping

Those who move to decarbonise their fleets the earliest may be able to set the terms for how the zero-carbon energy era works for shipping.

3 Dec 2020

Weekly Vessel Scrapping Report: 2020 Week 48

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 26 – December 1, 2020.

3 Dec 2020

Tanker Demolition Drops to 23-Year Low

By the end of this year just 24 tankers are likely to have been demolished.

3 Dec 2020

MEDECA: Earliest Implementation 2024

Assuming a proposal is accepted at IMO two years earlier.

3 Dec 2020