All News

Trump Wants Even Lower Oil Prices - and OPEC Will Quietly Oblige

The direction for prices in 2019 will be decided at next week's G20

23 Nov 2018

Two More Creditors Take Legal Action Against Brightoil Singapore

Claims top $52m as Singapore court hears winding up order.

23 Nov 2018

South Korea to Fund LNG Bunkering Facilities

Government and private funding will also be used to build 140 vessels.

23 Nov 2018

IMO2020: Hapag-Lloyd Expands Scrubber "Pilot" Programme to 10 Vessels

Still sticking to 0.50%S bunkers for the other 214 vessels in its fleet, although one of those will be converted to use LNG.

23 Nov 2018

Brightoil's Entire Singapore Bunker Tanker Fleet Placed Under Arrest

The six vessels were detained at various times Wednesday evening.

22 Nov 2018

Weekly Vessel Scrapping Report: 2018 Week 46

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 15 – November 21, 2018.

22 Nov 2018

Oil Dips as Saudi Says it Will Take Action on Weak Oil Demand

However, it's still unclear if the kingdom will try to balance cuts with Trump's call for even lower prices.

22 Nov 2018

JP Morgan Drops 2019 Brent Forecast as Platts Survey Shows Most Analysts Predicting Oil in the $70s

However, they believe the market will be relatively stable instead of tight.

22 Nov 2018

Brightoil Cancels Proposed Tanker Sale Amid Debt Reorganization Efforts

VLCC and Aframax vessels chartered to Shell.

22 Nov 2018

Aegean to be Delisted from NYSE on December 3

Bunker suppler did not appeal NYSE's decision following the bunker suppler's filing for Chapter 11.

22 Nov 2018

IMO 2020: Being Prepared Best way to Meet Fuel Challenges

Panel at SMM in Hamburg echoes views expressed at IBIA in Copenhagen.

22 Nov 2018

Futures Contracts for 0.5% Sulfur to Trade on NYMEX

Trading starts on December 9 and contracts will be settled against Platts assessments.

22 Nov 2018

Marseilles to Push Ahead with LNG Bunkering

Move follows feasibility study which could see the alternative marine fuel made available in the port from mid-2019.

22 Nov 2018

Oil Market Fundamentals Now Impossible to Analyze Thanks to Trump: Sen

Meanwhile, the market continues to behave in a most predictable fashion.

21 Nov 2018

Oil Rebounds But Not Enough to Correct Overall Market Weakness

Meanwhile, Goldman Sachs warns that plenty of price volatility lies ahead in coming weeks.

21 Nov 2018

IMO 2020: Oil Markets can Deal With 0.5% Sulfur Change

Analyst points to rising global demand for middle distillates and flexible refining sector as paving way for smoother-than-expected transition.

21 Nov 2018

Aegean Chapter 11 is Not Another OW Bunker, Supplier Stresses

"Mechanically there's no way for a repeat of the problems with OW because Aegean is a physical supplier," Aegean director Tyler Baron tells Ship & Bunker.

21 Nov 2018

West Coast LNG Fuelling Facility Delayed

From next year to 2020 on lack of permits, according to local media reports.

21 Nov 2018

Bomin Sells ARA Operations to Somtrans

This is a significant time for our family as we look to enter the bunkering market, says Ronald Somers, CEO of the Somtrans Group.

21 Nov 2018

Bunker Holding Group Appoints New CFO

Michael Krabbe to start his new role from January 2019.

21 Nov 2018