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Large Inventory Build Causes Oil Price Slip, But Analysts Still Bullish On Full Recovery
Large Inventory Build Causes Oil Price Slip, But Analysts Still Bullish On Full Recovery
Meanwhile, all-important jet travel is slowly reviving.
23 Jun 2020
Pacific Green Retreats From Scrubber Sales as HSFO Discount Remains Narrow
Pacific Green Retreats From Scrubber Sales as HSFO Discount Remains Narrow
The scaling down of Pacific Green's ambitions for its marine business is the latest sign of gloomy prospects for scrubbers.
23 Jun 2020
IBIA Makes Bunker Training Course Available Online
IBIA Makes Bunker Training Course Available Online
The course is available as on demand content from now until September 30.
23 Jun 2020
Methanol Marine Fuel Gets Research, Funding Boost
Methanol Marine Fuel Gets Research, Funding Boost
Fastwater project aims to show commercial viability of fuel.
23 Jun 2020
Hundreds of Scrubber Retrofits Could be Cancelled: Clarkson
Hundreds of Scrubber Retrofits Could be Cancelled: Clarkson
Upto to 700 installations could be dropped or postponed.
23 Jun 2020
Norway's MPC Plans Covid-19 Debt Restructure
Norway's MPC Plans Covid-19 Debt Restructure
Bondholder meeting called for early July, reports successful completion of all scrubber retrofits.
23 Jun 2020
KPI Bridge Oil Reports 70% Jump in Annual Earnings
KPI Bridge Oil Reports 70% Jump in Annual Earnings
The company posted earnings before tax of $28.5 million and revenue of $2.2 billion in the year to April 30.
23 Jun 2020
Cruise Firm Carnival Extends 'Operational Pause' to September
Cruise Firm Carnival Extends 'Operational Pause' to September
The company's US unit originally imposed an 'operational pause' for 30 days from March 13, and has since extended it three times.
23 Jun 2020
Analytical Expectations of a Pullback Are Defied As Crude Prices Climb Again
Analytical Expectations of a Pullback Are Defied As Crude Prices Climb Again
But Deloitte warns that consolidation will be the deepest the industry has ever seen.
22 Jun 2020
China to Supply 6% of Global Bunker Demand
China to Supply 6% of Global Bunker Demand
China will soon be self-sufficient in low sulfur bunker fuel.
22 Jun 2020
Stena Bulk to Offer Low-Carbon Shipping Options to Customers
Stena Bulk to Offer Low-Carbon Shipping Options to Customers
Following a recent trial of a 100% biofuel bunker used in a transatlantic voyage, the company now plans to offer its customers a range of low-carbon shipping options.
22 Jun 2020
Maersk Owned Digital Platform Reaches out to Market
Maersk Owned Digital Platform Reaches out to Market
Zeronorth platform focused on ship operation.
22 Jun 2020
Marseilles-Fos Eyes LNG Bunker Fuel Future
Marseilles-Fos Eyes LNG Bunker Fuel Future
With second gas bunkering operation and bunker barge to be deployed next year.
22 Jun 2020
Bunker Futures Contract Starts at Shanghai Exchange
Bunker Futures Contract Starts at Shanghai Exchange
Contract likely to be well received in market, market sources say.
22 Jun 2020
Singapore Bunker Margins Decline
Singapore Bunker Margins Decline
The premium for very low sulfur fuel oil (VLSFO) delivered in Singapore over cargo prices there dropped to $19.71 on Friday from $25.72/mt a week earlier.
22 Jun 2020
Oil Achieves More Gains As Traders Inspired By Economic Recovery
Oil Achieves More Gains As Traders Inspired By Economic Recovery
However, the Saudis warn of the "inevitability" of hiccups in our recovery.
19 Jun 2020
TFG Marine Loses New CEO After Three Months
TFG Marine Loses New CEO After Three Months
TFG announces a surprise exit for Anders Grønborg at the end of September.
19 Jun 2020
Bunker Holding Appoints Head of Strategy
Bunker Holding Appoints Head of Strategy
The role will involve acting as a 'sparring partner' to management.
19 Jun 2020
Standard Club Flags Up Increased Pollution Fines in Australia
Standard Club Flags Up Increased Pollution Fines in Australia
From 1 July the maximum fine for an oil spill in Commonwealth waters beyond three nautical miles of the Australian coast will rise to AUS$22.2 million for a corporate owner or charterer.
19 Jun 2020
Carnival Corporation Reports $2.4 Billion Loss in Second Quarter
Carnival Corporation Reports $2.4 Billion Loss in Second Quarter
The loss compares with a profit of $457 million for the same period of 2019.
19 Jun 2020
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