All News

Charterparty Clause Covers Crew Change Ship Deviations

As crew changes may not be possible along nominated route.

1 Jul 2020

Bunker Holding's Parent Company Expects Decline in Profits This Year

Selfinvest reported a record pre-tax profit of 1 billion Danish krone ($151 million) in the year to April 30.

1 Jul 2020

DFDS Adjusts to 'New Normal' With Job Cuts

But commitment to scrubbers remains untouched.

1 Jul 2020

Volkswagen's First LNG-Fuelled Transatlantic Car Shipment to Arrive in Mexico

The shipment is the latest evidence of shipping companies' customers showing interest in pushing forward the decarbonisation of seaborne freight.

1 Jul 2020

Crude Achieves Monthly Gains Despite Coronavirus Headlines At A Fever Pitch

However, analysts still worry that virus restrictions may affect demand recovery.

30 Jun 2020

Testing Lab Sees Large Percentage of Bunker Market Still Using 2005 ISO Specifications

The bunker market should not expect to see new ISO specifications before 2022, according to VPS.

30 Jun 2020

HSFO Discount to Crude Narrows to Lowest Level of 2020

The Rotterdam HSFO barge discount to Brent crude prices has narrowed to an average of $6.17/bl in June.

30 Jun 2020

Wärtsilä to Carry Out First Full-Scale Engine Test of Ammonia Bunkers

Ammonia is being proposed as one of the alternative fuels that can help to deliver the International Maritime Organization's plan to halve shipping's greenhouse gas emissions by 2050.

30 Jun 2020

Bangladesh to Import 0.5% Bunker Fuel

Bids for tender to be submitted by July 5.

30 Jun 2020

MPA Forms Partnership With Marine Tech Firms

To faciliate development of the city state's maritime start-up sector.

30 Jun 2020

Faster Bunkering at Gasum's Stockholm Gas Station

Two trucks used to refuel ships working cargo.

30 Jun 2020

Oil Climbs Again As Traders Wrestle With Ongoing Virus Fears

All eyes are on to what degree governments will reimpose restrictions amid infection spikes.

29 Jun 2020

Mining Giant BHP Scales Back LNG Bunkering Ambitions

The COVID-19 pandemic appears to have cooled BHP's interest in LNG-fuelled shipping.

29 Jun 2020

Bunker Margins Jump in Singapore

The premium for delivered VLSFO over cargo prices in Singapore advanced to $24.52/mt on Friday.

29 Jun 2020

Norsepower to Supply Rotor Sails to Ro-Ro Cargo Vessel

The sails will be able to reduce the ship's fuel consumption by up to 25%.

29 Jun 2020

Bunker Holding Sees Near Doubling of Earnings Before Tax in Record Year

The firm's pre-tax profit jumped to $155.2 million in the year to April 30 from $77.3 million a year earlier.

29 Jun 2020

Chinese VLSFO Exports Dropped in May

Exports have totaled 5.2 million mt so far this year.

29 Jun 2020

Relentless Covid Headlines Cause Oil To Dip, Traders To Worry About A Stalled Economic Recovery

The virus is said to be causing energy giants to reposition their investments.

26 Jun 2020

Cockett Marine Oil Stake Sale Postponed

In a business update Friday Grindrod said its planned disposal of assets was proceeding "at a slower pace than anticipated."

26 Jun 2020

Hin Leong's Shareholders to Address Findings of Interim Judicial Managers' Report

The shareholders are disappointed they were not able to respond to the contents of the report before its publication.

26 Jun 2020