All News

Oil Rises on Libya, Equador Tensions, As G7 Prepares To Discuss Russian Price Cap

Critics fear any cap will only worsen geopolitical tensions.

27 Jun 2022

Exxon Mulls Norway Ammonia Bunker Production Site

ExxonMobil, Grieg Edge, North Ammonia and GreenH have signed a memorandum of understanding to study the possibility of producing green hydrogen and ammonia in Norway.

27 Jun 2022

FOBAS ALERT: Contaminated Fuels From ARA Region

FOBAS reports on a potential bunker contamination in the ARA region.

27 Jun 2022

Wärtsilä Hires Scandinavia Sales Manager from BunkerMetric

Niels Juncker has joined Wärtsilä Voyage as its sales manager for Scandinavia as of this month.

27 Jun 2022

Dan-Bunkering Earnings Drop to Four-Year Low After Sanctions Fine

The company saw pre-tax profits of $13.5 million for the 2021/22 financial year, it said in an emailed statement on Monday, down from $19.5 million the previous year.

27 Jun 2022

BUNKER JOBS: Container Line CMA CGM Seeks Energy Transition Expert

The company is looking for candidates with an educational background in engineering and a mastery of carbon footprint and life-cycle analysis.

27 Jun 2022

BIMCO Develops New Time Charter Clause Covering Emissions Trading

The clause sets out how "to allocate costs and responsibilities for obtaining, transferring, and surrendering greenhouse gas emissions allowances for ships operating under an emissions scheme."

27 Jun 2022

Oil Incurs Second Weekly Loss As Analysts Differ On Inflation, Demand

Meanwhile, Nigeria says OPEC has little capacity to increase output.

24 Jun 2022

Significant Potential for Hydrogen Bunkers at Alaskan Port: Study

International Council for Clean Transportation makes case for 'early mover' investment.

24 Jun 2022

Rotterdam Fuel Oil Inflows From Russia Remain Stable: Port Authority

The level of fuel oil inflows to Rotterdam from Russia in the first five months of 2022 was roughly stable compared with the same period of 2021.

24 Jun 2022

Matson Orders LNG Dual-Fuel Retrofit for Boxship

MAN Energy Solutions has been awarded the contract to replace the engine on the 3,600 TEU boxship Daniel K. Inouye.

24 Jun 2022

China: Bonded Bunker Sales Fall in Jan-May Period

High prices turn away demand in five-month period.

24 Jun 2022

GAC Norway Joins Hydroden Marine Fuel Research Project

To promote and develop application strategies for the alt bunker fuel.

24 Jun 2022

Crude Oil Prices to Remain in $90-130/bl Band: Kayrros

At current crack spreads, a $90-130/bl Brent price band would equate to a global average VLSFO price band of about $916-1217/mt.

24 Jun 2022

Multiple Firms Mulling Application for Gibraltar LNG Bunker Supply Licence

The application process should take only a few months, and depending on when applications are filed, new licences are likely to emerge in 2023.

24 Jun 2022

CMA CGM to Work With Singapore's MPA on Maritime Decarbonisation

The two organisations have signed a memorandum of understanding seeking to collaborate on the development of capabilities and solutions across maritime decarbonisation, digitalisation and innovation.

24 Jun 2022

Oil Drops On Recession Fears As Demand Destruction Now Openly Debated

Still, analysts can't agree about the near-term outlook for oil.

23 Jun 2022

European Parliament Backs Shipping's Inclusion in Emissions Trading System

The parliament approved the plan as part of a wider package of 'Fit for 55' measures in a vote on Wednesday.

23 Jun 2022

IMO Rule Change to Boost Biofuel Bunker Market: IBIA

Industry body IBIA sets out how a rule change at the IMO this month may help the market for biofuel bunker blends.

23 Jun 2022

Weekly Vessel Scrapping Report 2022: Week 25

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 16 – June 22, 2022.

23 Jun 2022