All News

Italian Terminal Wins Small-Scale LNG Supply Permit

Both LNG carriers and LNG bunker barges will be able to refuel their tanks at the terminal.

26 Oct 2020

Taiwan: Bunker Operations Return at Taichung

CPC marine fuels dept says service has resumed after seven-day gap.

26 Oct 2020

Three Missing After Tanker Explosion in Sea of Azov

The tanker was in good repair, according to Russia's emergencies ministry, and a commission will investigate the causes of the explosion.

26 Oct 2020

Singapore: Ship Detained

Chemical/oil products tanker held in port city.

26 Oct 2020

Hafnia Hires Former Dan-Bunkering Trader

The new hire in Singapore will also serve as assistant manager.

26 Oct 2020

'Suspected Tanker Hijacking' Foiled in English Channel

Seven people were detained on Sunday evening after stowaways on board the LR1 tanker Nave Andromeda became violent.

26 Oct 2020

UK: Reports of Disturbance Onboard Crude oil Tanker

Ship currently anchored off UK southern coast, situation linked to stowaways onboard.

25 Oct 2020

Oil Down On Demand Worries - Despite More Evidence That Demand Is Recovering

Meanwhile, Libyan output and U.S. rig counts are increasing.

23 Oct 2020

IMO Working Group Pushes Through Ship Efficiency Compromise

Environmental NGOs argued the measures agreed this week would only cut shipping's GHG emissions by 0.65-1.3% by 2030.

23 Oct 2020

US Politicians Show Interest in Carbon Emissions Monitoring for Shipping

The US taking on a similar model to the European MRV regulation would be a significant step towards global carbon emissions monitoring.

23 Oct 2020

Boxship Speeds Advanced Further in September: VesselsValue

Some container ship speeds are reaching levels seen before the COVID-19 crisis hit shipping.

23 Oct 2020

GCC Bunkers Takes on New Digital Operations Management Platform

The company has selected the ION Aspect CTRM platform provided by ION Commodities to manage its physical oil and fuel business.

23 Oct 2020

Duel-Fuel Gas Carrier Upgrades Too Expensive for Dorian LPG

The cost of duel-fuel LPG retrofits for VLGCs would be more than three times that of scrubber retrofits.

23 Oct 2020

Singapore's MPA Signs Research and Development Deal With ABS

The two bodies will work together on projects on decarbonisation, AI, predictive maintenance, cybersecurity and other areas.

23 Oct 2020

Oil Rebounds On Hope Of Stimulus Package

Longer term, Goldman Sachs sees average Brent prices rising to $59.40 next year from $43.90 this year.

22 Oct 2020

Hydrogen Ship Project Wins €8 Million of EU Funding

Wilhemsen will operate the ship, which is planned to be operational by 2024.

22 Oct 2020

Weekly Vessel Scrapping Report: 2020 Week 42

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 15 – October 21, 2020.

22 Oct 2020

UBS Loses $60 Million in Commodity Trade Finance Fraud Case

The counterparty behind the fraud has not been publicly named.

22 Oct 2020

Fujairah Fuel Oil Stocks Gain Most in Six Months

Heavy distillate and residue stocks at the port surged by 16% to 10.361 million barrels in the week to Monday.

22 Oct 2020

Rotterdam Bunker Licensing Scheme to Launch in February

The system sets standards for suppliers on sampling and quality management, among other areas, and does not make the use of mass flow meters mandatory.

22 Oct 2020