All News

Oil Prices On The Upswing As More Countries Reopen And Vaccine Trials Show Continued Promise

Meanwhile, the Saudis are headed for a massive GDP contraction.

4 May 2020

VLCC Bookings For Floating Storage Reach at Least 71: Argus

The 71 VLCCs are in addition to at least 31 Suezmaxes and 23 Aframaxes booked on similar terms

4 May 2020

Hapag-Lloyd Seeks Longer Bunker Credit Terms in Response to Coronavirus

Container shipping has been heavily affected by the economic shock from the crisis, with a large slice of global capacity left idle last month.

4 May 2020

Australia Awards First Ship-to-Ship LNG Bunkering Licences

The Pilbara Port Authority has given licences to supplier Woodside Energy to provide ship-to-ship LNG bunkering services at the ports of Port Hedland and Dampier

4 May 2020

China State Shipbuilding Delivers World's Largest LNG Bunker Barge

China State Shipbuilding Corporation delivered the Gas Agility on April 30.

4 May 2020

S&B ANALYSIS: Bunker Hubs Showing Surprising Coronavirus Resilience

Buoyant demand at the world's largest bunker ports may be a result of them benefiting at the expense of smaller ports.

4 May 2020

Emerging Demand Recovery Breaks Oil's Weekly Losing Streak As Criticism Of Virus Lockdowns Mounts

Meanwhile, Goldman forecasts "bullish" crude market.

1 May 2020

US Gulf VLCC Rates Lose 28% on Week: Platts

The cost for a US Gult-China VLCC dropped by $4.5 million on the week to reach $11.5 million by Thursday.

1 May 2020

IMO Postpones July Meetings

The meetings were of the IMO council, the subcommittee on implementation of IMO instruments and the joint IMO/ITU experts group on maritime radiocommunication matters.

1 May 2020

Istanbul Bunker Market Shrinks by 20%: Source

Total bunker demand at the Turkish port has slipped to just under 200,000 mt/month so far this year, down from around 250,000 mt/month two years ago.

1 May 2020

Green Marine Environmental Performance Rating Expands to Europe

The Green Marine label has been used in the US and Canada so far, with more than 140 shipowners, port authorities, terminal operators and shipyard managers participating.

1 May 2020

Big Gains For Crude As Confidence Over Economic Recovery Builds

Meanwhile, a new sales contract rejects oil falling into negative territory.

30 Apr 2020

World Fuel Services Q1 Marine Profits Jump 68%, Warns of Tough Q2 Ahead

"I think people are going to be pretty careful in terms of how they do business and who they do business with," says Chairman and CEO Kasbar.

30 Apr 2020

Weekly Vessel Scrapping Report: 2020 Week 17

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 23 – April 29, 2020.

30 Apr 2020

Bunker Jobs: Credit Analyst, Singapore and Germany

Leading maritime due diligence, credit reporting and risk management consultancy services provider.

30 Apr 2020

Stena Bulk Completes Trial of 100% Biofuel Bunkers

The shipping company tested the fuel, provided by biofuel supplier GoodFuels and bunkered at Rotterdam, on board the Stena Immortal in a 10-day trial.

30 Apr 2020

Biofuels Now Take Up 11% of Rotterdam's Fuel Oil Sales

Outright bio-blend sales almost quadrupled on the quarter to about 210,000 cu m.

30 Apr 2020

Rotterdam Bunker Sales Gain 2.7% in First Quarter Despite Pandemic

Total sales climbed to 2.37 million cubic metres in the first quarter, up by 4.5% from the previous quarter and by 2.7% from the same period a year earlier.

30 Apr 2020

EMP to Trial Energy-saving Technology on Tanker

Project another step towards commercializing its Aquarius Marine Renewable Energy solution.

30 Apr 2020

Singapore ups Support for Maritime Sector

30% cargo ship port fee concession until end of the year.

30 Apr 2020