All News

Boost for Bunker Demand as Tankers Join Boxships in Taking Longer Routes

At least three VLCCs have embarked on journeys from Saudi Arabia to Northwest Europe taking the longer route around Africa rather than going through Suez over the past month.

7 May 2020

Bunker One Expands West Africa Physical Supply Operation

Bunker One launched its West African operation in February, primarily supplying in Lome but also serving ports across the region from Ivory Coast to Gabon.

7 May 2020

Value of Euronav's Remaining VLSFO Stockpile Drops by $56 Million

The company said it would not need to write down the value of the fuel stockpile -- despite a previous warning that it would need to -- because current strength in the tanker market more than offsets its loss.

7 May 2020

Dan-Bunkering Plans to Continue Operating Without CEO

The company's leadership team works with Bunker Holding's commercial management to run the marine fuel supplier, according to a Bunker Holding spokesman.

7 May 2020

Bunker One Adds Barge in Caribbean

The M/T Lillo Swan, seconded from Uni-Tankers, has been stationed by Bunker One in Trinidad.

7 May 2020

Russian Far East Bunker Demand Collapses on Evaporating Price Advantage

Bunker demand in Primorsky Krai is heading for a total of about 1-1.5 million mt this year if current trends continue, down from about 3 million mt/year in previous years.

7 May 2020

Crude Prices Fall Over Stock Buildups, But Optimism Over Economic Recovery Continues

Meanwhile, shale drillers say they might consider easing cutbacks in the near future.

6 May 2020

Scorpio Tankers Postpones 19 Scrubber Installations

The company completed 13 scrubber installations in the first quarter, and has 16 scheduled for the second quarter, seven for the third and none in the fourth quarter.

6 May 2020

Container Line CMA CGM Continues to Waive Low Sulfur Surcharge

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

6 May 2020

Coronavirus May Accelerate Digitalisation of Bunker Industry: IBIA

Barge and ship crews are finding ways of avoiding exchanging physical documents to avoid spreading the coronavirus.

6 May 2020

Tanker Owner DHT Holdings Postpones Scrubber Installations

The company now has scrubbers fitted to 13 of its VLCCs.

6 May 2020

Fujairah Fuel Oil Stocks Climb to Three-Week High

Heavy distillate and residue stocks at Fujairah jumped by 12% in the week to Monday to reach 12.621 million barrels.

6 May 2020

Record Number of Boxships Take Longer Cape Route as Bunker Prices Slide

At least 20 sailings have taken the Cape route to the south of Africa on their way between Europe and Asia since the end of March, according to Alphaliner.

6 May 2020

Huge Surge In Crude Prices As Vehicular Traffic And Back To Work Movement Builds

But health experts insist this will merely trigger round two of the pandemic.

5 May 2020

Bunker Market Instability an Opportunity to Grow: Minerva Bunkering CEO

In the second part of Ship & Bunker's interview with Tyler Baron, the Minerva Bunkering CEO sets out how his company is reactiing to the current stresses hitting the bunker industry.

5 May 2020

Dry Bulk Carrier Detained in Australia Over Carriage Ban Violation

The ship was forced to debunker its fuel before being released.

5 May 2020

Chinese VLSFO Imports Decline After Local Production Boost

Fuel oil exports from Singapore and Malaysia to China dropped to 550,000-650,000 mt and 650,000-750,000 mt respectively in March.

5 May 2020

Carnival Plans Gradual Resumption of Cruise Activity from August

The company plans to operate eight ships from Miami, Port Canaveral and Galveston from August 1.

5 May 2020

DNV Sees Open-Loop Scrubber Payback Time at Four Years

The VLSFO-HSFO price spread at Rotterdam was at $56.50/mt on Monday and hit a record low of $26.50/mt on April 28, according to Ship & Bunker pricing, down from $298/mt at the end of 2019.

5 May 2020

Minerva Bunkering CEO Sees Sales Volumes Grow in Shrinking Market

In an interview with Ship & Bunker, Minerva CEO Tyler Baron sets out how his company is emerging from the Aegean Marine Petroleum restructuring process.

5 May 2020