All News

More Gains For Crude As Economic Recovery Excitement Beats Covid Fears

Meanwhile, U.S. top doctor warns that social distancing, not lockdowns, will slow the virus's spread.

3 Jul 2020

Fuel Oil Spill Reported in Panama

The spill is reported to have happened at about 2 AM local time on Tuesday.

3 Jul 2020

Canada's CBH to Invest in VLSFO Production in Oman

Production capacity at the site is expected to be ramped up to 300,000 b/d in phases.

3 Jul 2020

Integr8 Fuels Launches Bunker Procurement App

The app features live bunker prices, news and research and allows buyers to submit enquiries and receive firm quotes in minutes.

3 Jul 2020

Hedging Company Global Risk Management Hires New CCO

Global Risk Management is owned by United Shipping and Trading Company, the parent company of marine fuels conglomerate Bunker Holding.

3 Jul 2020

Monjasa Announces Renaming and Redesigning of Fleet

Monjasa is carrying out the process for its 10 owned tankers.

3 Jul 2020

Wärtsilä Suggests Ammonia Can Be Used as Bunker Fuel in Existing Engines

Ammonia could be blended with LNG or diesel to improve its ignition properties and allow it to be used in the current fleet with small engine modifications.

3 Jul 2020

Weekly Vessel Scrapping Report: 2020 Week 26

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 25 – July 1, 2020.

2 Jul 2020

Huge Job Gains Boost Oil Prices As Goldman Sees Full Recovery in 2022

But fears of a return to Covid lockdowns still persist.

2 Jul 2020

Shipping Company Klaveness Combination Carriers Takes on Biofuel Bunkers

Klaveness Combination Carriers has taken on biofuels supplied by GoodFuels for the first time.

2 Jul 2020

Storage Space Concerns May Limit Hydrogen's Use in Shipping

One of the main disadvantages of hydrogen is its storage space requirements -- as much as three times that needed for marine gasoil.

2 Jul 2020

Australian Refineries Feel Covid-19 Demand Loss

Making plants to vulnerable to closure.

2 Jul 2020

Marine Tech Firms Merge

Norway's Kongsberg acquires Denmark's Coach Solutions.

2 Jul 2020

Bunker Energy Seeks to Expand in Italy After Barge Operator Merger

Barge operators Anapo and Rimorchiatoria Lazali are to join forces and trade under the new name Maritime Bunkers, and Bunker Energy will act as their sales arm.

2 Jul 2020

Idemitsu Plant Raises VSLFO Output

Demand for high sulfur fuel oil from Japanese ship operators remains small post IMO2020.

2 Jul 2020

OPEC Oil Output Dropped to Least Since Gulf War in June

OPEC members cut their production by 1.93 million bl/day from the previous month to 22.69 million bl/day in June.

2 Jul 2020

Oil Gains On Larger Than Expected Drawdowns And Global Signs Of Economic Revival

Saudi Arabia is especially bullish on a restoration of the energy sector.

1 Jul 2020

Several Layoffs Reported at World Fuel Services

Market chatter indicated the move came as a surprise to some in the bunker industry, after strong Q1 marine results.

1 Jul 2020

UK Coastal Residents Complain of Cruise Pollution

Moored ships not helping local air quality, letter to local paper says.

1 Jul 2020

Glander International Bunkering Appoints New Managing Director in Norway

The company is seeking to expand its Norwegian operations.

1 Jul 2020