All News

Fujairah Bunker Demand Dropped in May

Monthly bunker volumes at the Middle Eastern hub dropped to about 200,000-300,000 mt last month.

19 Jun 2020

Rosneft Reports First Syzran VLSFO Sale

The company bunkered a ship at Novorossiysk with about 700 mt of the new blend.

19 Jun 2020

Weekly Vessel Scrapping Report: 2020 Week 24

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 11 – June 17, 2020.

18 Jun 2020

Oil Prices Rise Yet Again, Defying Concerns About Coronavirus Spikes

Meanwhile, Vitol is bullish about a robust recovery.

18 Jun 2020

Fujairah's Bunker Market Influence to Rise With Third Refinery

Ecomar Energy Solutions has started operations at its 15,000 b/d refinery in Fujairah.

18 Jun 2020

Dredger Success Backs Biofuel's Wider use

Jan De Nul dredger clocks up 2,000 operational hours on biofuel oil.

18 Jun 2020

Norwegian Plant to Produce Green Jet Fuel

Project involves consortium of firms.

18 Jun 2020

Cruise Ship Sale Highlights Sector's Predicament

Costa Cruise ship reportedly sold at big discount.

18 Jun 2020

Maersk Hints at Improving Outlook for Containers in Financial Update

In an update of its expectations for Q2 results, the company said it expected EBITDA to be slightly above the Q1 level of $1.5 billion.

18 Jun 2020

Wärtsilä to Design and Equip Battery-Powered Ferries in Norway

Wärtsilä will deliver the equipment at the beginning of next year, and the ships are expected to start commercial operations in the autumn of 2021.

18 Jun 2020

Marine Fuel Trader Glander Sees 73.6% Jump in Earnings

Earnings before eax in the 2019/2020 financial year surged to $27.3 million, from $15.7 million a year earlier.

18 Jun 2020

Oil Dips Slightly on Coronavirus Spikes But Analytical Outlook For Recovery Remains Strong

Also, OPEC is reporting a high compliance rate for its output cuts.

17 Jun 2020

Europe Emerges as VLSFO Quality Problem Hotspot

Of the VLSFO samples examined by testing company VPS in May, those from Europe had the highest proportion of off-specification findings.

17 Jun 2020

WinGD Announces Exhaust Recycling Solution to Cut Emissions and Fuel Consumption

The system could cut fuel consumption by as much as 3% while using LNG.

17 Jun 2020

Forward Ships Raises Concern Over Potential Nitrous Oxide Emissions From Ammonia Bunkers

Forward has been a strong advocate of LNG bunkering as a way for the shipping industry to reduce its carbon footprint.

17 Jun 2020

Shipowner Argues Bunker Fuel Choice Should be on Well-to-Wake Basis

Bunker fuel should be viewed holistically when considering its carbon footprint.

17 Jun 2020

Med Port Relies on Regular Traffic to Stay Bunker Demand

Spot demand has seen biggest drop off.

17 Jun 2020

Ship Detained in Singapore

First arrest in port for some months.

17 Jun 2020

North P&I Club Warns of VLSFO Risks With Heat-Sensitive Cargo

Fuels that require heating may cause damage if stored next to heat-sensitive cargo.

17 Jun 2020

Crude Up Again As Virus Concerns Take A Back Seat To Demand Momentum

The International Energy Agency is optimistic about a continued recovery into 2021.

16 Jun 2020