All News

MPA Covid-19 Vaccination Rollout for Maritime Workers

10,000 to receive shot by end of January

19 Jan 2021

VLSFO Sold to Stricken Bulk Carrier Wakashio Was On-Specification

MOL's fuel quality testing system found no problems with the bunkers.

19 Jan 2021

Bunker Traders in Demand as Job Market Remains Buoyant into 2021

"I would say 2020 has been our busiest year ever partly because of the job activity for bunkering," says Singapore-based Salling Search.

19 Jan 2021

"Lagging" Vaccination Rollout Causes Dip In Oil Despite Strong Data From China

But PVM suspects the pull-back may be short-lived.

18 Jan 2021

Chevron Reports VLSFO Causing Abnormal Liner Wear

The wear is typically being noticed in vessels using VLSFO with a lower CCAI and higher estimated cetane number.

18 Jan 2021

Aon Sees Growing Demand for Bunker Price Protection

Insurance giant recently launched a marine fuel insurance product.

18 Jan 2021

Bank Arrests Second GP Global Bunker Tanker

Vessel's mortgage holder behind move in India.

18 Jan 2021

Activists Keep Watchful eye on Valleta Emissions

Monitoring equipment at port prone to breakdown.

18 Jan 2021

Joint Project Claims Ammonia Should be Used in Fuel Cells for Shipping, Not Engines

Alfa Laval, DTU Energy, Haldor Topsoe, Svitzer and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have launched a joint project to accelerate the development of solid oxide fuel cells.

18 Jan 2021

Weak December Takes Panama 2020 Bunker Volumes to Record Drop

A slowing in demand from bulkers and tankers and higher fees for using the Panama Canal may have been part of the drop.

18 Jan 2021

Hong Kong Bunker Industry Seeks $4.1 Million Bailout

Supporters of the local bunker industry are concerned that the market share lost last year may not return.

18 Jan 2021

Green Bunkers, Eco-bunkers, Bio-bunkers, Renewable Bunker…Caveat Emptor!

Saving planet while burning fuel with superior mileage, doesn't that sound too good to be true? Ara Barsamian, Eliseo Curcio, and Daniel Son from Refinery Automation Institute, LLC discuss.

18 Jan 2021

Oil Posts Weekly Loss On China Lockdowns, But Analysts Still See 2021 Demand Recovery

Meanwhile, Iraq predicts $60 oil in Q2 2021.

15 Jan 2021

Platts Asian Fuel Oil Trades Halved in 2020 After IMO 2020 Shift

The COVID-19 pandemic and the downfall of Singapore oil trading firm Hin Leong may have partly been behind the decline.

15 Jan 2021

Brokerage NSI Launches Bunker Pricing Intelligence Platform

The new platform, Bunker Intel, will be made available to all the firm's key accounts, and a 30-day free trial will be available to new customers.

15 Jan 2021

CPC Continues Cutting MGO Sulfur Content at Taiwanese Ports

The company will now only offer 0.5% sulfur MGO at the ports of Suao and Hualien.

15 Jan 2021

Record-High LNG Prices Sound Warning for Gas-Powered Shipping Advocates

A regular winter spike in bunker prices may be something owners of gas-powered tonnage have to plan for in future.

15 Jan 2021

BP Rejects 'Baseless Allegation' of VLSFO Link to Grounding of Bulker Wakashio

A Forbes article earlier this month suggested off-specification bunker fuel may have caused the vessel to change course to head to Mauritius.

15 Jan 2021

Strong China Imports, Hope of U.S. Covid Relief Buoy Oil Prices

But analysts insist that short-term pain is still likely.

14 Jan 2021

Weekly Vessel Scrapping Report: 2021 Week 2

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 7 – January 13 2021.

14 Jan 2021