All News

Oil Storage May Run out in Western Canada: Analyst
Oil Storage May Run out in Western Canada: Analyst
Unless production is pared back.
25 Mar 2020
New Hire at Global Risk Management
New Hire at Global Risk Management
Danish fuel and finance house adds staff at Middlefart HQ
25 Mar 2020
Singapore: Bulker Detained
Singapore: Bulker Detained
Vessel controlled by Swiss shipping interests.
25 Mar 2020
Cruise Ships Make Bunker Only Calls at Honolulu
Cruise Ships Make Bunker Only Calls at Honolulu
Passengerless ships can bunker on case-by-case basis.
25 Mar 2020
Gasum to Supply Sweden's Preem with Biogas Bunker Blend
Gasum to Supply Sweden's Preem with Biogas Bunker Blend
Gasum will supply a blend consisting of 10% liquefied biomethane (LBM) and the remainder LNG.
25 Mar 2020
V-TIC Insight: VLSFO Lessons from the Covid-19 Response
V-TIC Insight: VLSFO Lessons from the Covid-19 Response
"I find many parallels in how the fuel community is dealing with the challenges of the new fuels and how the global community is dealing with the virus."
24 Mar 2020
More Crude Gains As Media Begins To Focus On Economic Rebuilding, Virus Treatments
More Crude Gains As Media Begins To Focus On Economic Rebuilding, Virus Treatments
However, oil experts maintain their gloomy outlook.
24 Mar 2020
Loss of Demand Leaves 0.5% in Tanks: Market Sources
Loss of Demand Leaves 0.5% in Tanks: Market Sources
While trading activity drops between 15-30% over more normal market conditions.
24 Mar 2020
Containerships Completed Scrubber Retrofits by Mid-February
Containerships Completed Scrubber Retrofits by Mid-February
The remaining 58 vessels in its fleet have switched to low-sulfur fuels to comply with IMO 2020.
24 Mar 2020
Run Rates cut at Exxon Refineries
Run Rates cut at Exxon Refineries
Company's plants experience weakening demand for gasoline and other oil products.
24 Mar 2020
'All Sectors' of Port of Rotterdam Remain Operational
'All Sectors' of Port of Rotterdam Remain Operational
The authority may yet decide to "impose restrictions on which ships are and aren't allowed to enter the port area" if needed, it said.
24 Mar 2020
INTERVIEW: Robin Meech Talks Bunker Demand Outlook to 2030
INTERVIEW: Robin Meech Talks Bunker Demand Outlook to 2030
Bunker industry veteran and former IBIA chairman sees demand returning to 2019 levels in 2024.
24 Mar 2020
Relief for Crude Prices On Monday, But Experts Dismiss It As Temporary
Relief for Crude Prices On Monday, But Experts Dismiss It As Temporary
However, further U.S. government stimulus could support prices.
23 Mar 2020
Scrubber Advocates Shift Focus to Environmental Case as HSFO Discount Narrows
Scrubber Advocates Shift Focus to Environmental Case as HSFO Discount Narrows
The VLSFO-HSFO spread at Rotterdam narrowed to $48/mt on Friday, down from $298/mt at the end of last year.
23 Mar 2020
Shell Trims Operating Costs in Covid-19 Response
Shell Trims Operating Costs in Covid-19 Response
Company is "prepared to take further strategic decisions and consider changes to the overall financial framework as necessary".
23 Mar 2020
US Refineries See Reduced Working on Covid-19 Impacts
US Refineries See Reduced Working on Covid-19 Impacts
Non-essential works being pushed back, staff urged to work from home.
23 Mar 2020
Hapag-Lloyd Saw 0.6% Slip in Bunker Consumption in 2019
Hapag-Lloyd Saw 0.6% Slip in Bunker Consumption in 2019
High sulfur fuel oil consumption dropped by 4.8% to 3.658 million mt, while low sulfur bunker consumption surged by 27.7% to 718,066 mt.
23 Mar 2020
Singapore Issues Covid-19 Guidance for Service Providers
Singapore Issues Covid-19 Guidance for Service Providers
Advisory for shore personnel and ship crew visiting or working onboard vessels alongside wharves, in shipyards and at anchorages.
23 Mar 2020
Panama Bunker Sales Gain 18.5% on Year in February
Panama Bunker Sales Gain 18.5% on Year in February
Total sales jumped by 18.5% from a year earlier to 436,066 mt last month.
23 Mar 2020
Taiwan to Introduce Universal 0.50% Sulfur Bunker Limit From July
Taiwan to Introduce Universal 0.50% Sulfur Bunker Limit From July
Taiwan will source its very low sulfur fuel oil from producers CNPC and Formosa Plastics.
23 Mar 2020