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Singapore Bunker Margins Weaken Further
Singapore Bunker Margins Weaken Further
The premium to FOB Singapore cargo prices slipped to $11.39/mt by Friday, down from $15.11/mt a week earlier.
18 May 2020
Panama Sees Year-on-Year Jump in April Bunker Sales
Panama Sees Year-on-Year Jump in April Bunker Sales
Total sales rose to 415,137 mt in April, up from the 406,677 mt seen a year earlier, but down by 7.35% month-on-month.
18 May 2020
Marseille-Fos Sees France's First Ship-to-Ship LNG Bunker Operation
Marseille-Fos Sees France's First Ship-to-Ship LNG Bunker Operation
Energy giant Shell bunkered Carnival Group's cruise ship the Costa Smerelda at the French port on May 4 using its barge the Coral Methane.
18 May 2020
Expectation of Higher Oil Prices Holds Back Scrubber Cancellations: Gibson
Expectation of Higher Oil Prices Holds Back Scrubber Cancellations: Gibson
Several tanker companies have recently announced delays to some of their scrubber retrofits while freight rates are strong and fuel spreads are narrow.
18 May 2020
INTERVIEW: The Falling Cost of Biofuel - Now a "Commercially and Technically Viable" Alternative to Fossil Bunkers
INTERVIEW: The Falling Cost of Biofuel - Now a "Commercially and Technically Viable" Alternative to Fossil Bunkers
Even as the price of conventional marine fuel slumps to multi-year lows, says GoodFuels.
18 May 2020
Yet More Gains For Crude As Back To Work Momentum Generates Upbeat Demand Forecasts
Yet More Gains For Crude As Back To Work Momentum Generates Upbeat Demand Forecasts
At present the optimism is eclipsing health concerns of a second virus wave.
15 May 2020
Chevron Launches US Gulf Coast Offshore Bunkering Service
Chevron Launches US Gulf Coast Offshore Bunkering Service
Offering MGO 12 nautical miles offshore, across all USGC locations.
15 May 2020
Hapag-Lloyd Loses $63.2 Million on Bunker Stock Devaluation After Oil Collapse
Hapag-Lloyd Loses $63.2 Million on Bunker Stock Devaluation After Oil Collapse
The company's bunker consumption in the first quarter was 1.1 million mt, little changed from the same period last year, and the average price paid gained $98/mt to $523/mt.
15 May 2020
Glander Sees Limited Demand Impact From COVID-19 Pandemic So Far
Glander Sees Limited Demand Impact From COVID-19 Pandemic So Far
"Up to now, we haven't seen a severe drop in demand."
15 May 2020
Port of Qingdao Completes First Bunkering of Large Vessel
Port of Qingdao Completes First Bunkering of Large Vessel
Sinopec bunkered the VLCC New Vista with 1,600 mt of VLSFO at Qingdao on 11 May.
15 May 2020
Seaspan Orders Fuel Heating System for Eight Container Ships
Seaspan Orders Fuel Heating System for Eight Container Ships
Alfa Laval will install a steam boiler system on board eight of the company's container ships over the next two years.
15 May 2020
More Gains For Oil As Economic Recovery Data Continues to Contradict Gloomy Analytical Forecasts
More Gains For Oil As Economic Recovery Data Continues to Contradict Gloomy Analytical Forecasts
Meanwhile, more evidence suggests the virus panic may have been needless.
14 May 2020
Weekly Vessel Scrapping Report: 2020 Week 19
Weekly Vessel Scrapping Report: 2020 Week 19
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 7 – May 13, 2020.
14 May 2020
VPS Identifies 40 Vessels With Engine Damage Using Combination of VLSFO and 40BN Lubricants
VPS Identifies 40 Vessels With Engine Damage Using Combination of VLSFO and 40BN Lubricants
Abstract from VPS White Paper - Engine Protection for VLSFOs
14 May 2020
OceanConnect Teams in Hamburg and Athens Leave Company: Sources
OceanConnect Teams in Hamburg and Athens Leave Company: Sources
Most of the staff in both offices previously worked for Bomin before joining OceanConnect.
14 May 2020
LNG Bunker Demand Jumped in Spain in 2019
LNG Bunker Demand Jumped in Spain in 2019
A total of 195 LNG bunkering operations were carried out at the country's ports last year comprising 81,704 m3 of gas.
14 May 2020
Australian Refinery in Temporary Shutdown
Australian Refinery in Temporary Shutdown
On weak refining margins related to the Covid-19 pandemic.
14 May 2020
Global Risk Management Gets new Managing Director
Global Risk Management Gets new Managing Director
Strategy director takes top slot at Bunker Holding company.
14 May 2020
EU Grant for Renewables Research
EU Grant for Renewables Research
Dutch institution's Ideafuel project to study renewable marine fuel production.
14 May 2020
Gibraltar Bunker Calls See Year-on-Year Decline in April
Gibraltar Bunker Calls See Year-on-Year Decline in April
The number dropped to 440 ships in April, down from 516 in the same month a year earlier but up from 409 in March.
14 May 2020
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