All News

PwC to File Preliminary Report on Hin Leong Within Eight Weeks

A hearing at Singapore's High Court was brought forward to Monday at the request of some of Hin Leong's lenders.

28 Apr 2020

S&B VIEWPOINT: Can Russia Cling on to Its Bunker Market Share in the IMO 2020 Era?

Historically Russian bunker demand has totalled around 10-12 million mt/year.

28 Apr 2020

Oil Plunges Again, Analysts Say Ending The Virus Lockdowns Is The Solution

Meanwhile, a leading U.S., scientist calls the lockdowns "immature."

27 Apr 2020

Asia Storage Under Pressure

Onshore tanks in India 95% full: report.

27 Apr 2020

IMO's Fourth Greenhouse Gas Study is On Schedule Despite Coronavirus

The study is due to be published towards the end of this year.

27 Apr 2020

Chinese Ports Record Rising Bunker Spot Sales

Zhoushan, Shanghai, Hong Kong report rise in spot sales.

27 Apr 2020

Rio Tinto Requires Shipowners Not to Use Bunkers From Hin Leong

The new wording in the bunker supplier clause asks shipowners to confirm their vessels are not carrying bunkers supplied by Hin Leong, its marine fuels unit Ocean Bunkering or any other related companies.

27 Apr 2020

Storage Capacity Fears Prompt Weaker Crude Values

As oil futures marked their third straight week of losses last week.

27 Apr 2020

Singapore Found Just Two Cases of IMO 2020 Non-Compliance in First Quarter

The two ships "found to be using non-compliant fuel" without a scrubber were detained at the port and only allowed to leave once they had switched to using a compliant fuel.

27 Apr 2020

Rosneft Sold 112,000 MT of VLSFO in First Quarter

The oil company's marine fuels unit, Rosneft Bunker, is now selling low-sulfur fuels in the Black Sea, Arctic and Baltic regions as well as the Russian Far East.

27 Apr 2020

Force Majeure and Bunker Supply Contracts: It's Complicated

Last year the industry was preparing for a $4 billion jump in annual bunker costs. What it got was a 2020 with marine fuel prices at their lowest for several years.

27 Apr 2020

Oil Posts More Modest Gains As Focus On Reopening Economy Increases

Meanwhile, Russia keeps its April output flat.

24 Apr 2020

European Bunker Premiums Narrow as Storage Runs Low

A sharp contango has formed in oil prices across the barrel since last month's crude collapse, leading to refined products storage around the world running out.

24 Apr 2020

Companies Join Forces to Investigate Ammonia as a Bunker Fuel

The next steps for the group will include "addressing operational hazards and looking more deeply at conceptual designs based on different vessel types," Bureau Veritas said.

24 Apr 2020

Singapore Commodity Firms Assert Their Stability Amid Hin Leong Fallout

ZenRock Commidities and Winson Group both published statements Thursday saying their financial positions were sound and they do not have any open-account dealings with Hin Leong.

24 Apr 2020

New Finnlines Ro-Ro Ships to Use Battery Power at Port

The ships will be built at China Merchants Group's Nanjing Jinling Shipyard, starting in June of this year.

24 Apr 2020

S&B ANALYSIS: Zhoushan's VLSFO Discount Could Win it Market Share From Singapore

VLSFO prices at Zhoushan dropped to a record discount to Singapore's levels of $31.50/mt on Monday.

24 Apr 2020

Weekly Vessel Scrapping Report: 2020 Week 16

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 16 – April 22, 2020.

23 Apr 2020

Bunker Jobs: Junior Bunker Trader, Connecticut

Fluent English speaking and writing, Spanish and any other language is an advantage.

23 Apr 2020

Integr8 to Host Webinar on Tanker Market Boost

The event, being held online at 10 AM London time on May 13, will be titled 'The tanker market: 2020 not what you expected, what's next?"

23 Apr 2020