All News

Emerging Demand Recovery Breaks Oil's Weekly Losing Streak As Criticism Of Virus Lockdowns Mounts

Meanwhile, Goldman forecasts "bullish" crude market.

1 May 2020

US Gulf VLCC Rates Lose 28% on Week: Platts

The cost for a US Gult-China VLCC dropped by $4.5 million on the week to reach $11.5 million by Thursday.

1 May 2020

IMO Postpones July Meetings

The meetings were of the IMO council, the subcommittee on implementation of IMO instruments and the joint IMO/ITU experts group on maritime radiocommunication matters.

1 May 2020

Istanbul Bunker Market Shrinks by 20%: Source

Total bunker demand at the Turkish port has slipped to just under 200,000 mt/month so far this year, down from around 250,000 mt/month two years ago.

1 May 2020

Green Marine Environmental Performance Rating Expands to Europe

The Green Marine label has been used in the US and Canada so far, with more than 140 shipowners, port authorities, terminal operators and shipyard managers participating.

1 May 2020

Big Gains For Crude As Confidence Over Economic Recovery Builds

Meanwhile, a new sales contract rejects oil falling into negative territory.

30 Apr 2020

World Fuel Services Q1 Marine Profits Jump 68%, Warns of Tough Q2 Ahead

"I think people are going to be pretty careful in terms of how they do business and who they do business with," says Chairman and CEO Kasbar.

30 Apr 2020

Weekly Vessel Scrapping Report: 2020 Week 17

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 23 – April 29, 2020.

30 Apr 2020

Bunker Jobs: Credit Analyst, Singapore and Germany

Leading maritime due diligence, credit reporting and risk management consultancy services provider.

30 Apr 2020

Stena Bulk Completes Trial of 100% Biofuel Bunkers

The shipping company tested the fuel, provided by biofuel supplier GoodFuels and bunkered at Rotterdam, on board the Stena Immortal in a 10-day trial.

30 Apr 2020

Biofuels Now Take Up 11% of Rotterdam's Fuel Oil Sales

Outright bio-blend sales almost quadrupled on the quarter to about 210,000 cu m.

30 Apr 2020

Rotterdam Bunker Sales Gain 2.7% in First Quarter Despite Pandemic

Total sales climbed to 2.37 million cubic metres in the first quarter, up by 4.5% from the previous quarter and by 2.7% from the same period a year earlier.

30 Apr 2020

EMP to Trial Energy-saving Technology on Tanker

Project another step towards commercializing its Aquarius Marine Renewable Energy solution.

30 Apr 2020

Singapore ups Support for Maritime Sector

30% cargo ship port fee concession until end of the year.

30 Apr 2020

Suez Canal Temporarily Cuts Fees for Some Ships

The rebates will be applicable for journeys starting from May 1 to June 30.

30 Apr 2020

Climate Bonds Initiative Sets out Shipping Stall

Draft criteria released to determine which parts of industry might qualify.

30 Apr 2020

Panama Bunker Sales Little Changed in March Despite Coronavirus

Total sales slipped by 0.4% from March 2019, but were 1.2% higher than February's levels at 448,093 mt in March.

30 Apr 2020

China Shipbuilding to Build 12 LNG-Fuelled Oil Tankers for Shell

The value of the contract is about 4.6 billion yuan ($651 million), and the vessels are due for delivery in 2023.

30 Apr 2020

VLSFO Bunker Prices Slide to New Low

Bunker cost in major ports its lowest in over 4 years.

30 Apr 2020

Lindsay‐Blee Inks Colombia Supply Partnership

With Cartagena-based Master Fuel.

29 Apr 2020