All News

North P&I Club Sets Out Members' IMO 2020 Concerns
North P&I Club Sets Out Members' IMO 2020 Concerns
The P&I club expects to see "many more disputes" over bunker availability, quality, and sulfur content.
6 Jan 2020
KPI Bridge Oil Appoints New Denmark Managing Director
KPI Bridge Oil Appoints New Denmark Managing Director
Patrick Hoé joins the company from his previous position in sales for the wind power industry.
6 Jan 2020
Container Line CMA CGM Raises Low Sulfur Surcharge Value to $275/mt
Container Line CMA CGM Raises Low Sulfur Surcharge Value to $275/mt
The box ship operator had previously set a $200/mt surcharge applicable from December 1.
6 Jan 2020
Bunker Prices: Don't be Fooled by What you See at the Moment
Bunker Prices: Don't be Fooled by What you See at the Moment
The picture is being heavily influenced by panic and short term transitional logistical issues. The future is going to be very different.
6 Jan 2020
Oil Prices Jump on Killing of Iran's Military Leader; Retaliation And Even Peace Predicted
Oil Prices Jump on Killing of Iran's Military Leader; Retaliation And Even Peace Predicted
Meanwhile, Kilduff stresses there is still "a ton of spare capacity."
3 Jan 2020
IMO2020 Fuel Availability Concerns Fading
IMO2020 Fuel Availability Concerns Fading
"From everything we're hearing availability is there," says ICS' Esben Poulsson.
3 Jan 2020
Iran Downplays VLSFO Shortage Concerns
Iran Downplays VLSFO Shortage Concerns
NIOPDC says IRISL's fuel needs will be met.
3 Jan 2020
India Expands VLSFO Production
India Expands VLSFO Production
HPCL produced its first batch of max 0.50% sulfur VLSFO in early December.
3 Jan 2020
First 2020 Crude Trading Day Marked by Conflicting Geopolitical Sentiment
First 2020 Crude Trading Day Marked by Conflicting Geopolitical Sentiment
Meanwhile, analysts once again forecast the demise of U.S. shale.
2 Jan 2020
Repsol Sold 1 Million MT of VLSFO in Singapore During 2019
Repsol Sold 1 Million MT of VLSFO in Singapore During 2019
Ahead of the new "IMO2020" global 0.50% sulfur cap.
2 Jan 2020
Singapore: New Bunker Tanker for Fratelli
Singapore: New Bunker Tanker for Fratelli
Supplier has concluded the acquisition of the 8.000 DWT Emma Cosulich.
2 Jan 2020
VLSFO Production, Supply Commences in Peru
VLSFO Production, Supply Commences in Peru
Repsol will also add another new supply location soon.
2 Jan 2020
Weekly Vessel Scrapping Report: 2019 Weeks 51 & 52
Weekly Vessel Scrapping Report: 2019 Weeks 51 & 52
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 19, 2019 – January 1, 2020.
2 Jan 2020
IMO2020 Rule Comes Into Force, Global Sulfur Cap for Marine Fuel Falls to 0.50%
IMO2020 Rule Comes Into Force, Global Sulfur Cap for Marine Fuel Falls to 0.50%
A historic moment with a reach going well beyond the bunker and marine industries as the impact of the new rules is felt across the globe.
1 Jan 2020
Analysts Differ on Crude Outlook for 2020 as Benchmarks Log 35 Percent Gains
Analysts Differ on Crude Outlook for 2020 as Benchmarks Log 35 Percent Gains
However, the current Iraq skirmish is dismissed as irrelevant to crude.
31 Dec 2019
LQM Names New London Team
LQM Names New London Team
Industry veteran Neil Lamerton among a quartet of faces at LQM's new London office.
31 Dec 2019
Oil Achieves Biggest Yearly Rise Since 2016 - But Analysts Gloomy About 2020 Prospects
Oil Achieves Biggest Yearly Rise Since 2016 - But Analysts Gloomy About 2020 Prospects
Experts insist a "tsunami of oil" will create myriad problems.
30 Dec 2019
Bunker Jobs: Marine Sales Manager, Lubricants, Singapore
Bunker Jobs: Marine Sales Manager, Lubricants, Singapore
Preferred are candidates already based in Singapore and with proven experience from lubricants sales to the marine industry.
30 Dec 2019
UK PM "Very Interested" in Shore Power
UK PM "Very Interested" in Shore Power
Despite the government's earlier lack of support for the technology in Southampton.
30 Dec 2019
IMO2020: BIMCO Warns Over Blending Remaining HSFO Onboard Instead of Debunkering
IMO2020: BIMCO Warns Over Blending Remaining HSFO Onboard Instead of Debunkering
Problems can arise as the BDN is the legal proof of the bunker's sulfur content.
30 Dec 2019