All News

More Huge Gains For Crude Despite Potential Virus Treatments Meeting Bureaucratic Resistance

Meanwhile, Royal Dutch Shell prepares for a new energy industry landscape.

3 Apr 2020

Port of Singapore Remains Open For Business: MPA

Singapore's Ministry of Health announced tougher measures aimed at controlling the spread of COVID-19 on Friday.

3 Apr 2020

Industry Body Sees European Shipping at 'Breaking Point'

"Tthis unprecedented crisis requires unprecedented reactions," the organisation said in a statement on its website.

3 Apr 2020

OPEC+ Group Plans Extraordinary Meeting Next Week After Crude Collapse

Crude prices have risen sharply since the end of March on renewed hopes of a reconciliation within OPEC+.

3 Apr 2020

Wallenius Wilhelmsen Announces Plans to Mitigate Pandemic Disruption

The company has cut spending by $20 million with the cancellation of four scrubber installations.

3 Apr 2020

Scorpio Tankers Warns Scrubber Benefits May Not Be Fully Realised

Scorpio has paid about $2.5 million per vessel for its scrubbers.

3 Apr 2020

Oil Prices Achieve Historic One Day Recovery, While Surgeon General Says Washington, California, Italy Have "Flattened The Curve"

Meanwhile, "game changing" virus treatment yields promising results.

2 Apr 2020

IMO 2020 Premium Evaporates, Price Paid for Bunkers in March 20% Lower than in 2019

Average VLSFO price for Global Top 20 Ports was $351.50/mt in March 2020, vs the March 2019 average IFO380 price of $425/mt.

2 Apr 2020

Weekly Vessel Scrapping Report: 2020 Week 13

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 26 – April 1, 2020.

2 Apr 2020

CMA CGM Waives Low Sulfur Surcharge on VLSFO Slump

The charge will be waived from May 1.

2 Apr 2020

US Cryrogenic Firm Lands Marine Fuel Cell Contract

Includes study on hydrogen fuel tanks for ships.

2 Apr 2020

Ship Detained in Singapore

Oil products tanker held over weekend.

2 Apr 2020

Integr8 Fuels Sees 7% Drop in Bunker Demand

The company said it may be another month before general oil demand starts to recover.

2 Apr 2020

Covid-19 Positive Docker Closes LA Terminal: Report

One terminal closed, another on reduced hours.

2 Apr 2020

Russian Exchange SPIMEX to Publish Bunker Export Prices

The prices will cover two grades of bunker fuel -- residual and low-viscosity -- and will be calculated in rubles per tonne.

2 Apr 2020

No Imminent Risk of IMO-Level Scrubber Ban, Says Former Emissions Chief

The restrictions on open-loop scrubbers at some ports are more of an operational risk than a financial one, says Edmund Hughes.

2 Apr 2020

More Hurt For Crude Prices Over Coronavirus Concerns

Meanwhile, the worldometer website puts the virus into some perspective.

1 Apr 2020

Bunker Supplier TFG Marine Announces New CEO

TFG Marine is a new bunker supplier launched jointly by Trafigura, Frontline and Golden Ocean last year.

1 Apr 2020

Chemicals Tanker Under Arrest in Singapore

There has been an increase in the number of vessel arrests at Singapore in recent weeks, with several vessels detained in March.

1 Apr 2020

Dutch Firms Collaborate on Wind-assisted Propulsion

Boomsma to install two of Econowind's wind-assist VentiFoil units on one of its ships.

1 Apr 2020