All News

1 in 4 Vessels on Order Have Scrubbers

But come 2020 some 90% of the world's fleet will still make the switch to burning compliant fuel.

30 Aug 2018

OPEC Adheres to Cuts While Boosting Production

The cartel and non-members are also looking to formalize their output cooperation for the long term.

30 Aug 2018

Crude Benchmarks Once Again Rise Based on Tightening Supply Fears

The IEA is stoking those fears by claiming Venezuela's woes may make the tightening obvious later this year.

30 Aug 2018

IMO 2020: Hong Kong Owner Snubs Scrubbers

Says long term technical and commercial viability of scrubbers is yet to be proven, cost of the tech is falling.

30 Aug 2018

Weekly Vessel Scrapping Report: 2018 Week 35

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 23 – August 29, 2018.

30 Aug 2018

Five Key Misconceptions of Wind Propulsion Solutions for Commercial Vessels

Today's tech firmly focused on a modern, decarbonised fleet fit for purpose in the 21st century, says IWSA Secretary General Gavin Allwright.

30 Aug 2018

IMO 2020: BW LPG Opts for LPG Bunkers

"Responsible operations and profitability are not conflicting goals," says CEO Martin Ackermann.

30 Aug 2018

Maersk Tankers: Wind Propulsion Technology Could Take Us to a New Playing Field

Maersk Tankers "breaking ground in the product tanker industry" with trial of Flettner rotor-based wind propulsion system to help cut bunker consumption.

30 Aug 2018

IMO's Marpol: What Will Compliance Look Like in 2020, and Beyond?

We expect there to be a significant dislocation in terms of bunker fuel use and pricing with the introduction of the new sulphur cap in 2020, write Argus Media.

30 Aug 2018

Singapore: More Arrests Over Alleged Illegal MGO Deal

The arrests mean a total of seven have now been detained over the incident.

30 Aug 2018

India to be Leading Driver for Oil Demand: Wood Mackenzie

The news comes amid another seesaw turn in crude trading.

29 Aug 2018

Odfjell: Scrubbers Don't Make Sense for IMO 2020

But like Maersk, is still considering investing in a few "just to make sure we understand the technology."

29 Aug 2018

IMO 2020: Scrubbers Are Nonsense, Says Fredriksen

Comments follow ballooning interest in the tech.

29 Aug 2018

IMO 2020: Gunvor Halts Rotterdam Refinery Upgrades as Shift in Thinking on HSFO Demand Continues

The price environment and other relevant economics have changed considerably, the energy trader says.

29 Aug 2018

Gard Details Preventive Actions to Address Bad Bunkers

Among its advice, Gard suggests maintaining a sufficient fuel reserve of non-contaminated bunkers.

29 Aug 2018

New Trader for Dan-Bunkering in Monaco

Nuno Manaia comes from a "diverse professional background."

29 Aug 2018

Crude Soft on Tuesday as Schork Describes Market Being "Kept Afloat on Headlines"

But the editor also describes the market as unusually resilient.

28 Aug 2018

Silverstream Bullish on Bunker Saving Air Lubrication Systems After Recent Wins

System provides 5% net energy savings, ROI in 2-5 years, and can be retrofitted in 10 days or less.

28 Aug 2018

COSCO, MHI Move Forward on Scrubber Collaboration

A collaboration framework agreement has now been signed.

28 Aug 2018

IMO 2050: Market Perception Holding Back Wider Adoption of Wind Power

Most of the wind propulsion systems are straightforward, says IWSA's Gavin Allwright.

28 Aug 2018