All News

More Gains For Crude As Analysts Send Contrary Signals On Impact Of Coronavirus

Meanwhile, U.S. inventory builds are much lower than thought.

20 Feb 2020

Weekly Vessel Scrapping Report: 2020 Week 7

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 13 – February 19, 2020.

20 Feb 2020

HSFO Prices May Rise on Restricted Supply

Global bunker markets experiencing tight availability and barging issues for HSFO, says bunker trader.

20 Feb 2020

Scrubber Retrofits Straightforward: Ship Operator

Ferry company Grimaldi reports few issues with installing emissions abatement equipment.

20 Feb 2020

Rotterdam Bunker Sales Lost 5.5% Last Year But Stabilised in Q4

Total sales sank to 8.95 million cubic meters last year.

20 Feb 2020

Maersk Sees 6.7% Cut in Bunker Consumption Despite Fleet Growth

Total bunker consumption dropped to 11.092 million mt in 2019 from 11.894 million mt the previous year.

20 Feb 2020

Container Giant Maersk Hits IMO 2030 Carbon Target 10 Years Early

As of 2019 the company has reduced its relative carbon dioxide emissions by 41.8% compared with a 2008 baseline.

20 Feb 2020

Technology Firm Partners With Environmental Group on Emissions-Free Shipping

The two organisations will work to develop hydrogen and electricity infrastructure for shipping.

20 Feb 2020

US HSFO Demand Drops to 5% of Total as VLSFO Rises: Argus

VLSFO is now taking a 57-62% market share, according to marine fuel seller estimates collated by Argus.

20 Feb 2020

IMO 2020: No Large Speed Bump Thus Far

Without question, the biggest surprise from the roll out of IMO 2020 is what hasn't happened.

20 Feb 2020

Crude Prices Soar As Analysts Shift Gears And Now Worry About A Supply Shortage

Meanwhile, the Saudis now think the coronavirus is akin to a burning house.

19 Feb 2020

Scorpio Tankers Sees $5,400/Day Premium for Scrubber-Equipped LR1 Tankers

In January the company's LR1 tankers with scrubbers earned $5,400/day more than those without against average earnings of $19,000/day for this type of vessel.

19 Feb 2020

UK Names New Shipping Minister After Cabinet Reshuffle

Kelly Tolhurst's brief to include aviation.

19 Feb 2020

Wind Power Unit Finds Permanent Home

Ventifoil unit to be fixed on a Dutch cargo ship.

19 Feb 2020

Portugal's Galp Backs Off From Previous Intention to Supply HSFO

Current VLSFO production levels are 200,000-220,000 mt/month.

19 Feb 2020

UK's Royal Society Backs Ammonia Bunkers to Cut Shipping GHGs

The organisation published a policy briefing document Wednesday on ammonia's potential as a zero-carbon store of energy.

19 Feb 2020

VIEWPOINT: Total's Move Away From Fuel Oil May Unnerve Shipowners With Scrubbers

HSFO supplies may start declining more rapidly than the market currently expects.

19 Feb 2020

Libyan Output Collapse Supports Crude Prices, But Coronavirus Worries Still Prevail

Meanwhile, expectations are that OPEC will enact deeper output cuts.

18 Feb 2020

Harvest Energy Marine Hires Senior Bunker Trader in Northwest Europe

Martin Olesen will be working on expanding the company's business at Zeebrugge.

18 Feb 2020

Joint Venture Launched for European Carbon-Neutral Shipping Infrastructure

To start with the plan will initially focus on the German inland DeltaPort location in Voerde and Wesel.

18 Feb 2020