All News

Oil Steady Despite Bleak OPEC Demand Forecast and As Trump Unveils Back To Work Plans

Meanwhile, the Dow shoots up over promising coronavirus treatment news.

16 Apr 2020

Weekly Vessel Scrapping Report: 2020 Week 15

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 9 – April 15, 2020.

16 Apr 2020

LQM to Host Webinar on COVID-19 Effect on Bunker Market Volatility

The 1.5 hour webinar will be titled "2020: IMO, COVID-19 & Principles of Risk Management" and will be held on May 12 at 2:30 PM London time.

16 Apr 2020

Ocean Bunkering to Halt Singapore Bunker Supply: Reuters

The company has told some customers it will suspend marine fuel deliveries from as soon as Friday, according to Reuters.

16 Apr 2020

Port of Rotterdam Throughput Loses 9.3% in First Quarter

Total throughput lost 9.3% from the same quarter of 2019 to 112.4 million mt.

16 Apr 2020

Monjasa Sets Out Top Supply Ports for 2019

The company made sales at 692 different ports in 2019, up from 601 the previous year.

16 Apr 2020

MSC Confirms Easter Outage Was Caused By Cyberattack

MSC is now reviewing its internal IT systems "both from a software and an infrastructure perspective" to prevent future attacks.

16 Apr 2020

Crude Prices Mixed on Inventory Build as Czech, Denmark, and Other Countries Reopen Their Economies

Meanwhile, the IEA says April will be remembered as "Black April" for the oil industry.

15 Apr 2020

Singapore's Ocean Bunkering Still Operating Amid Hin Leong Uncertainty: Sources

Three bunker industry sources familiar with the Singapore market told Ship & Bunker that Ocean Bunkering's operations appeared to be continuing this week.

15 Apr 2020

Monjasa Reports Fivefold Increase in Profits Ahead of IMO 2020

Profit jumped to $26.5 million for 2019 from $5 million a year earlier.

15 Apr 2020

Banks' Exposure to Hin Leong Totals at Least $3 Billion: Bloomberg

As many as 10 banks have exposure to the firm, Bloomberg reported Wednesday.

15 Apr 2020

Scorpio Bulkers Completes 11th Scrubber Installation

The company estimates the total cost of its scrubber installation programme across all 45 ships at $95.4 million.

15 Apr 2020

MSC Recovers After Suspected Cyberattack

The incident affected the availability of MSC's website and some of its digital tools for a few days.

15 Apr 2020

Crude Traders Unimpressed With Crude Cutback Deal, While Coronavirus Spread Continues To Abate

Meanwhile, WHO is blasted for supporting China wet markets.

14 Apr 2020

Armed Men Board Ship in Strait of Hormuz

The ship was boarded at 1:28 PM London time while at anchor close to Ras al Kuh in the south-east of Iran.

14 Apr 2020

Lawyers See Coronavirus Obscuring IMO 2020 Compliance Picture

"The disruption to international shipping caused by Covid-19 has pushed sulphur cap issues well and truly from the headlines."

14 Apr 2020

VLSFO Price Spreads Narrow Across Top Four Bunker Hubs

The VLSFO price spread between the most and the least expensive of the top four bunker ports narrowed by $7.50/mt to $23/mt on Monday.

14 Apr 2020

Carnival Cruise Line Extends Cancellations to June

All sailings up to and including June 26 will be cancelled.

14 Apr 2020

Samsung Heavy Industries to Build LNG-Fuelled VLCCs

The two VLCCs are due for delivery by April 2022.

14 Apr 2020

GP Global Adds Bunker Supply Operation in Hamburg

The new operation will be led by Peter Beelenkamp, formerly of Trefoil International and SK Energy Europe.

14 Apr 2020