All News

KPI OceanConnect Hires New MD for Hamburg Office

Boris Gronenberg aims to position the firm at the centre of the German shipping community.

15 Sep 2020

EU to Regulate Shipping's Emissions Only Within European Waters at First

A leaked draft of the European Commission's plans shows the current commitment is only to bring intra-EU voyages into the EU-ETS.

15 Sep 2020

Tanker Owner Hafnia Invests in Washington Methanol Production Facility

Hafnia and its partner will also produce and operate duel-fuel carriers capable of running on the methanol produced at the plant.

15 Sep 2020

Scrubbers Can Deliver Lower Carbon Dioxide Emissions Versus VLSFO: CE Delft

The research was commissioned by three major scrubber suppliers.

15 Sep 2020

More Price Losses For Oil As Traders Succumb To Covid Fears

Only Total's boss envisioned good news in the form of declining inventories.

14 Sep 2020

Stricken VLCC's Fuel Tank Plugged

Repairs continue on ship off Sri Lankan coast.

14 Sep 2020

Powerzeek Adds Biogas to Gas Bunkers Platform Premium

LBG and LNG 'interchangeable' in terms of delivery infrastructure, company says.

14 Sep 2020

Cruise Firms 'Must do More', Says Environmentalist

NGO says action not words required to reduce emissions.

14 Sep 2020

Singapore Bunker Demand Jumped by 13.6% on Year in August

This year's total sales up to the end of August are now 5.3% higher than in the same period of 2019.

14 Sep 2020

Singapore Residue Stocks Drop to Eight-Month Low

Commercial onshore residue stocks sank by 6.6% to 20.735 million barrels in the week to September 9.

14 Sep 2020

Oil Posts Another Week Of Losses, But Economic Picture "Strong", Says Morgan Stanley

The bank dismisses media assertions that falling oil prices reflect a stalled demand recovery.

11 Sep 2020

IEA Sees Oil-Based Bunker Demand Drop by 60 Million MT in the 2030s

The IEA's sustainable development scenario envisages oil-based bunker demand plummeting from about 200 million mt/year in 2030 to about 140 million mt in 2040.

11 Sep 2020

GPS Bunkers Sees Race to the Bottom on Prices Harming Fujairah's Status in Recent Years

Smaller operations that do not always stay the course are sometimes outperforming their larger competitors in Fujairah, according to local supplier GPS Bunkers.

11 Sep 2020

Swedish Companies Announce Wind-Powered Car Carrier Design

The design will be ready for orders next year, and the project aims for a launch date in 2024.

11 Sep 2020

Turkish Sources See Bunker Market Recovering in 2-3 Years

Mustafa Muhtaroğlu, CEO of local supplier Energy Petrol, is due to talk about the Turkish market and the wider bunker industry at the IBIA Annual Convention 2020 in November.

11 Sep 2020

Shipping Industry Lacks the Cash to Spend on Decarbonisation: Newport Shipping

"Shipowners can be counted on to do the right thing, once they have exhausted every other option."

11 Sep 2020

Oil Prices Dip Again Due To Perception Of Stalled Demand

However, traffic jams have resumed in Europe and Asia.

10 Sep 2020

Weekly Vessel Scrapping Report: 2020 Week 36

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 3 – September 9, 2020.

10 Sep 2020

GP Global Tanker Arrested in India: TradeWinds

The tanker had been waiting off Fujairah before coming to India last month.

10 Sep 2020

Xihe Holdings Interim Judicial Manager Launches 'Fire Sale' of Ships

Grant Thornton, the company appointed to supervise Xihe last month, has appointed has appointed Clarksons Platou and Arrow Shipbroking as exclusive brokers for the sale of the company's ships.

10 Sep 2020