All News

Oil Prices Down On Demand Worries

But there are some signs of strength in the physical market.

7 Oct 2020

INTERVIEW: Dan-Bunkering Sees Bunker Industry 'Perfect Storm' Brewing

Dan-Bunkering's Mikkel Vestergaard sees parallels to the OW Bunker collapse in the sudden withdrawal of Hin Leong from the market this year.

7 Oct 2020

US Bunker Supplier Plaza Marine Increases Margins While Maintaining Volumes

In a statement on its performance in the third quarter, the company said it maintained its quarterly tonnage, increased gross profit and increased margins compared with the same period a year earlier.

7 Oct 2020

MPA Sees Singapore Bunkering Standards Save Industry $59-146 Million

The MPA estimates potential savings from its TR 48 standard that has been in force since June 2016 at SGD80-199 million per year.

7 Oct 2020

Global Companies Join Forces to Report Their Shipping Carbon Footprint

The Sea Cargo Charter "establishes a common baseline to quantitatively assess and disclose whether shipping activities are aligned with adopted climate goals."

7 Oct 2020

SIBCON: Total Sees Global LNG Bunker Capacity at 7.5 Million MT/Year

The number of LNG bunker barges is set to more than double to 33 over the next two years.

7 Oct 2020

AGT Petroleum Bunkering Launches UAE Physical Supply Operation

The company can now supply marine fuels directly by truck out of Dubai.

7 Oct 2020

SIBCON: CMA CGM Sees 5.5% Global Container Trade Drop This Year

Most of that decline came early in the year, with signs of improvement since then.

7 Oct 2020

SIBCON: Intertanko Backs IMO Bunker Supplier Licensing

"Bunker suppliers should be licensed by the coastal states, and it has to be under MARPOL Annex VI as a mandatory licensing scheme."

7 Oct 2020

SIBCON: VPS Calls for Singapore's MPA to Ban Old ISO 8217 Standards

About 30% of the company's customers are still using the 'obsolete' ISO 8217:2005 standards.

7 Oct 2020

More Oil Gains as Positive Effect of Hurricane Delta Mitigates Stimulus Postponement

Also, data suggests demand recovery still has legs.

6 Oct 2020

Gulf Petrol Supplies Files Criminal Proceedings Against GP Global Unit Over Fraud Allegations

The company alleges that Gulf Petrochem FZC "fabricated and falsified several contracts for supplying petroleum products."

6 Oct 2020

Belgium: Prax Buys Zeebrugge Terminal

As precusor to forming bigger marine fuels footprint in northwest European market.

6 Oct 2020

PwC Puts Singapore Bunker Supplier Up For Sale

PwC publishes notice to sell unnamed Singapore bunker supplier that bears a striking similarity to Hin Leong subsidiary Ocean Bunkering.

6 Oct 2020

SIBCON: MPA Backs Digital Growth for Bunker Sector

With new plan offering support to SMEs travelling the digitalisation pathway.

6 Oct 2020

SIBCON: Singapore Seeks 1 Million MT of LNG Bunkering Capacity by Next Year

The Maritime and Port Authority will be inviting companies to apply for additional LNG bunker supplier licences 'in the coming weeks'.

6 Oct 2020

SIBCON: Choose Hydrogen for Shipping Because Other Industries Will Pay for Infrastructure: Shell

Shell's Grahaeme Henderson talked up hydrogen's potential in an interview at SIBCON.

6 Oct 2020

MSC Hedges Bets on Alternative Bunker Fuels

Over the longer term the company is exploring the viability of hydrogen-based fuels.

6 Oct 2020

Bunker Supplier IPP's Judicial Managers Sue Former Director for $156 Million: Straits Times

The managers are seeking to recover $156 million lost in alleged "non-existent or sham transactions."

6 Oct 2020

Oil Prices Rebound on Trump's Resiliency and Norway's Labour Woes

One analysts says last's week's crude selloff is regarded was "overdone"

5 Oct 2020