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Weekly Vessel Scrapping Report: 2018 Week 41
Weekly Vessel Scrapping Report: 2018 Week 41
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 4 – October 10, 2018.
11 Oct 2018
Triple-Digit Oil Price Forecasters Silent As Crude Plummets Again, By 3 Percent
Triple-Digit Oil Price Forecasters Silent As Crude Plummets Again, By 3 Percent
However, Bank of America Merrill Lynch still sees Brent climbing to the $90s.
11 Oct 2018
OPEC Ups September Production, Barkindo Declares Market Well Supplied
OPEC Ups September Production, Barkindo Declares Market Well Supplied
But the secretary general is worried about spare oil capacity due to lack of investment.
11 Oct 2018
IMO 2020: Bunker Buyers Need to Shift from Thinking Fuel Procurement to Fuel Management, Says ExxonMobil
IMO 2020: Bunker Buyers Need to Shift from Thinking Fuel Procurement to Fuel Management, Says ExxonMobil
And it needs to be done on a per vessel basis, Luca Volta, ExxonMobil's Marine Fuels Venture Manager, tells Ship & Bunker.
11 Oct 2018
Price of a Cruise Could Rise on Costlier Fuel Post-2020
Price of a Cruise Could Rise on Costlier Fuel Post-2020
Sulfur cap change are strong distillate demand likely to push up prices.
11 Oct 2018
MGO Supply Squeezed by China's 0.5% Sulfur cap
MGO Supply Squeezed by China's 0.5% Sulfur cap
Yangtze Delta ECA has led to increased distillate demand.
11 Oct 2018
Malay Authorities Hold Tanker for Illegal STS Operation
Malay Authorities Hold Tanker for Illegal STS Operation
Alleging marine gasoil was transferred without proper authority.
11 Oct 2018
The Changing Nature of Benchmarking
The Changing Nature of Benchmarking
We move from a market where the products people want to buy are by and large readily available, to one where only those with a heavily detailed plan can be sure they can buy what they want.
11 Oct 2018
Top Traders Highlight Oil Price Uncertainty with Trafigura and Others Forecasting Prices Anywhere from $65-$100/bbl
Top Traders Highlight Oil Price Uncertainty with Trafigura and Others Forecasting Prices Anywhere from $65-$100/bbl
BP says the market should expect "extreme volatility" for oil prices.
10 Oct 2018
Oil Prices Dragged Down by Wall Street, Demand Concerns
Oil Prices Dragged Down by Wall Street, Demand Concerns
Hurricane Michael could cause a 1 million bpd drop in demand, say experts.
10 Oct 2018
Bomin Dismisses Market Exit Rumour
Bomin Dismisses Market Exit Rumour
Gossip likely stems from a misinterpreted internal email circulating the market.
10 Oct 2018
Star Bulk Scrubber Loan gets Green Stamp
Star Bulk Scrubber Loan gets Green Stamp
Confirms to Green Loan Principles, says company.
10 Oct 2018
IMO2020: Bunker CEO Sees Higher Prices Presenting Credit Challenges
IMO2020: Bunker CEO Sees Higher Prices Presenting Credit Challenges
Liquidity seen as being a challenge for some players once the sulfur cap is in force.
10 Oct 2018
Maersk Takes IMO2020 Bunker Fuel Storage in Singapore
Maersk Takes IMO2020 Bunker Fuel Storage in Singapore
Follows similar VLSFO storage move in Rotterdam.
10 Oct 2018
Navigating Through Complexity: IMO 2020 and Opportunities Created by Fuel Market Dynamics
Navigating Through Complexity: IMO 2020 and Opportunities Created by Fuel Market Dynamics
Matt Muenster, Senior Manager of Applied Knowledge, Breakthrough, talks bunker prices, BAFs, compliance strategies and transparency.
10 Oct 2018
IEA Urges Producers to Pump More Oil as Brent Tops $85/bbl
IEA Urges Producers to Pump More Oil as Brent Tops $85/bbl
Meanwhile, JP Morgan joins the ranks of experts sending inconsistent messages to traders.
9 Oct 2018
IMO 2020: Maersk's Scrubber Investment Not a Sign of Low Sulfur Supply Doubts
IMO 2020: Maersk's Scrubber Investment Not a Sign of Low Sulfur Supply Doubts
"All our indications point to the fact that compliant fuel will be available," Head of Maersk Oil Trading tells Ship & Bunker.
9 Oct 2018
Shipowner: Ships Should Sail if Compliant Fuel not Available
Shipowner: Ships Should Sail if Compliant Fuel not Available
No prosecution when ships can't source the right fuel, argues Italian shiponwer Grimaldi.
9 Oct 2018
Report: 600 mt of Fuel Spilt in Corsica Ship Collision
Report: 600 mt of Fuel Spilt in Corsica Ship Collision
French, Italian teams are working to contain spill.
9 Oct 2018
Dual-fuel Hydrogen Injection Project Secures Funding
Dual-fuel Hydrogen Injection Project Secures Funding
To develop technology for marine use.
9 Oct 2018