All News

Laura Deals Minimal Blow To Crude Prices, Quick Resumption Of Gulf Production Expected

Meanwhile, Iraq posts unusually strong output cut compliance.

27 Aug 2020

Weekly Vessel Scrapping Report: 2020 Week 34

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 20 – August 26, 2020.

27 Aug 2020

Boost for Zhoushan Bunker Demand as Iron Ore Producers Expand

Vale and Rio Tinto have both expanded their operations in the area this week.

27 Aug 2020

Carnival Corporation Makes Progress Towards IMO 2030 Carbon Target

Carnival's total bunker consumption was 3.312 million mt last year, up by 0.5% from 2018's level.

27 Aug 2020

Greek Port to Host Expanded LNG Terminal

With Bulgarian role in Alexandroupoli LNG project.

27 Aug 2020

Yara Marine Eyes Wider Ship Tech Role

By enlisting start up community input with accelerator programme.

27 Aug 2020

GP Global Asset Sale Rumours Downplayed

This week several sources have approached Ship & Bunker with the suggestion that large commodity trading companies are looking to buy part or all of GP.

27 Aug 2020

Maritime Decarbonisation Projects Take Root in Europe

Success enhanced by state-funding, survey of decarbonisation technologies finds.

27 Aug 2020

Laura And Covid Once Again Dominate Crude Trading With Prices Mixed

Meanwhile, demand resiliency continues to defy analytical expectations.

26 Aug 2020

US Gulf Bunker Demand Muted Before Storm Laura

As Houston vessel traffic stops ahead of storm.

26 Aug 2020

East Indian Refiner to Produce 0.5% Sulfur Marine Fuel

CPCL says initial runs will be 5,000 mt a month.

26 Aug 2020

European Cruises Pencilled in but World Trips Postponed

Hard-hit cruise sector takes first steps back to becoming operational.

26 Aug 2020

Hunter Tankers Takes Delivery of Final Scrubber-Fitted VLCC

The company took delivery of the Hunter Frigg on 21 August.

26 Aug 2020

Alphatanker Sees 2021 Worldscale Flat Rates Drop by 20-25% on VLSFO Collapse

Worldscale flat rates are set annually and are used as the basis of some freight markets with trades being made at a differential to them.

26 Aug 2020

More Crude Gains Due To Laura As Gulf Of Mexico Output Slashed By 84 Percent

However, Covid worries continue to cap gains.

25 Aug 2020

High-Sulfur Fuel Oil Prices Return to Pre-Crude Collapse Levels

While HSFO has rallied strongly, VLSFO prices remain significantly lower than their levels before the OPEC+ row hammered markets.

25 Aug 2020

Mauritius: Stricken Bulker Scuttled Under Direction of Local Authorities

Clean up operation continues.

25 Aug 2020

San Francisco: P66 Plant in Switch to Renewables

Could mark end of fuel oil supply to local bunker market.

25 Aug 2020

Sea-Intelligence Forecasts Q3 Container Freight Volumes Down Just 0.1% on Year

The consultancy forecasts third-quarter global container volumes as being down by just 0.1% in the third quarter from the same period of 2019.

25 Aug 2020

Maersk Shipping Decarbonisation Research Institute Seeks CFO

The Maersk McKinney Moller Center for Zero Carbon Shipping "is in the process of placing its top management team."

25 Aug 2020