All News

Integr8 Notes Bunker Prices Declining Relative to Other Refined Products

While spreads between products may be heading back towards previous levels, the bunker market should not expect outright prices to do the same yet, according to Integr8.

4 Jun 2020

Container Line CMA CGM Continues to Waive Low Sulfur Surcharge

The company previously announced that it would not be applying the surcharge in May and June.

4 Jun 2020

LNG Bunkering to Launch in China at Shenzhen

Energy company PetroChina, Shenzhen Gas and Shenzhen Yantian Port Group signed a deal Wednesday to build an LNG bunkering facility at the southest Chinese port.

4 Jun 2020

Oil Prices Down But Demand Set To Surge Further As European Countries Lift Travel Restrictions

Meanwhile, OPEC is keen on keeping the lid on U.S. shale output.

3 Jun 2020

FEATURE: Bunker Market Advised to Hedge as Prices Start to Rally

Shipowners may be faced with a rapid jump in their expenses if they have no hedging in place to soften the impact of market volatility.

3 Jun 2020

CMA CGM: 10% of Our Bunker Consumption Will be Alternative Fuels by 2023

Aims to be carbon neutral by 2050.

3 Jun 2020

Brokerage NSI Highlights VLSFO Discounts at Smaller Ports

Lower demand at some smaller ports has prompted them to lower their offers relative to the hubs.

3 Jun 2020

Ferry Company Stena Line Reports Carbon Cuts Ten Years Ahead of Schedule

The company has already reached the IMO 2030 target of cutting its carbon emissions per transport work by at least 40% from 2008's levels.

3 Jun 2020

Idle Boxship Capacity Reaches Record High: Alphaliner

The idle fleet reached 551 ships by May 25, covering 2.72 million TEU of capacity.

3 Jun 2020

Oil Up Again As Demand Climbs And U.S. Shale Producers Reverse Cuts

Anticipation is also keen about OPEC extending its cuts.

2 Jun 2020

Qatar Petroleum Bets on LNG Bunkers Lasting to 2060 in Massive Shipbuilding Plan

Qatar Petroleum's new shipbuilding deal could see it using boil-off LNG as bunker fuel as late as 2062.

2 Jun 2020

Vitol to Operate Bunker Business at GTI Statia Terminal in Caribbean

The terminal has 60 commercial storage tanks with total capacity of 14 million barrels, and can accommodate fully-laden VLCCs.

2 Jun 2020

Bunker One Announces Scandinavian Expansion Plans as Unioil Takes on Skaw Terminal Operations

The eight storage tanks at the terminal have a total capacity of 42,000 m3.

2 Jun 2020

Singapore VLSFO Price Jumps to 10-Week High

The price advanced by $25.50/mt in May, its first monthly gain since December, with early signs of shipping activity increasing again as COVID-19 lockdown measures are eased.

2 Jun 2020

Integr8 to Host Webinar on VLSFO Procurement and Storage

The event, being held online at 10 AM London time on June 18, will be titled 'Bunkers in the current shipping market: Shipping dynamics and its impact on the bunker space'.

2 Jun 2020

Sovcomflot Sees Northern Sea Route Open Two Months Early

Sovcomflot's LNG carrier the Christophe de Margerie was able to complete its passage through the route by the end of May this year, when ice conditions normally prevent passages by vessels of its size before July.

2 Jun 2020

Crude Stable As Optimism Builds Over OPEC Output Compromise

Meanwhile, demand recovery is exemplified by tanker lineup in Chinese waters.

1 Jun 2020

Bunker Holding's Zederkof Warns of Coronavirus Impact on Bunker Credit

"The corona crisis impact has yet to see its full power."

1 Jun 2020

Monjasa Hands Over Operation of Skaw Oil Terminal to Unioil

As of June 1 Monjasa accepted "an attractive offer" from Unioil to operate the facility.

1 Jun 2020

Canadian Fuel Supplier CANDEN Marine Fuel Services Joins Glander

CANDEN will join the company as Glander International Bunkering (Montreal) Ltd, the ninth office in Glander's global network.

1 Jun 2020