All News

Essar Shipping Expects Scrubber Payback in 18-24 Months

The company is installing scrubbers on four of its twelve ships.

6 Jan 2020

FinCo Fuel Group Takes Majority Stake in Biofuel Producer GoodFuels

The companies aim to work together to develop carbon emission reduction strategies for the shipping industry.

6 Jan 2020

Japan's "K" Line Says LNG Not Enough to Meet IMO 2030 Carbon Target

The shipping firm's CEO highlighted environmental challenges in a New Year message to employees.

6 Jan 2020

North P&I Club Sets Out Members' IMO 2020 Concerns

The P&I club expects to see "many more disputes" over bunker availability, quality, and sulfur content.

6 Jan 2020

KPI Bridge Oil Appoints New Denmark Managing Director

Patrick Hoé joins the company from his previous position in sales for the wind power industry.

6 Jan 2020

Container Line CMA CGM Raises Low Sulfur Surcharge Value to $275/mt

The box ship operator had previously set a $200/mt surcharge applicable from December 1.

6 Jan 2020

Bunker Prices: Don't be Fooled by What you See at the Moment

The picture is being heavily influenced by panic and short term transitional logistical issues. The future is going to be very different.

6 Jan 2020

Oil Prices Jump on Killing of Iran's Military Leader; Retaliation And Even Peace Predicted

Meanwhile, Kilduff stresses there is still "a ton of spare capacity."

3 Jan 2020

IMO2020 Fuel Availability Concerns Fading

"From everything we're hearing availability is there," says ICS' Esben Poulsson.

3 Jan 2020

Iran Downplays VLSFO Shortage Concerns

NIOPDC says IRISL's fuel needs will be met.

3 Jan 2020

India Expands VLSFO Production

HPCL produced its first batch of max 0.50% sulfur VLSFO in early December.

3 Jan 2020

First 2020 Crude Trading Day Marked by Conflicting Geopolitical Sentiment

Meanwhile, analysts once again forecast the demise of U.S. shale.

2 Jan 2020

Repsol Sold 1 Million MT of VLSFO in Singapore During 2019

Ahead of the new "IMO2020" global 0.50% sulfur cap.

2 Jan 2020

Singapore: New Bunker Tanker for Fratelli

Supplier has concluded the acquisition of the 8.000 DWT Emma Cosulich.

2 Jan 2020

VLSFO Production, Supply Commences in Peru

Repsol will also add another new supply location soon.

2 Jan 2020

Weekly Vessel Scrapping Report: 2019 Weeks 51 & 52

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 19, 2019 – January 1, 2020.

2 Jan 2020

IMO2020 Rule Comes Into Force, Global Sulfur Cap for Marine Fuel Falls to 0.50%

A historic moment with a reach going well beyond the bunker and marine industries as the impact of the new rules is felt across the globe.

1 Jan 2020

Analysts Differ on Crude Outlook for 2020 as Benchmarks Log 35 Percent Gains

However, the current Iraq skirmish is dismissed as irrelevant to crude.

31 Dec 2019

LQM Names New London Team

Industry veteran Neil Lamerton among a quartet of faces at LQM's new London office.

31 Dec 2019

Oil Achieves Biggest Yearly Rise Since 2016 - But Analysts Gloomy About 2020 Prospects

Experts insist a "tsunami of oil" will create myriad problems.

30 Dec 2019