All News

Oil Down on OPEC, China Concerns, As Kemp Sees A "Stutter" In The Bull Run

But Hess Corp sees fossil fuel demand rising for at least another decade.

1 Mar 2021

One Third of Hin Leong-Linked Fleet Has Now Been Sold

The ships owned by Hin Leong sister company Xihe Holdings have been sold for $2-3 million each for coastal barges and around $30 million each for VLCCs.

1 Mar 2021

Container Shortage Brings Delays to Singapore

For 18,000 TEU ships visiting Singapore the wait time is now five to seven days, up from a maximum of two previously.

1 Mar 2021

Sing Fuels Hires Bunker Trader in Houston

Sing Fuels opened its Houston office in January 2020 as part of an expansion to the US markets, hiring Chris Brooks as senior bunker trader to run the new location.

1 Mar 2021

Israel Blames Iran for Vehicle Carrier Explosion in Gulf of Oman

The Helios Ray reported an explosion on Thursday while travelling through the Gulf of Oman on its way to Singapore.

1 Mar 2021

ELEMENT Alpha Hires Bunker Trader in Dubai

ELEMENT trades crude oil, refined products, petrochemicals and dry bulk.

1 Mar 2021

Port of Ceuta Offers Weather Tracking Service to Boost Bunker Volumes

The port authority has co-financed the SAMOA 2 project in conjunction with 17 other port authorities, developing "personalised systems for consulting and exploiting oceanographic and meteorological information."

1 Mar 2021

Bunker One Offers Live Streaming of Bunkering Operations, May Help Avoid Disputes

Buyers taking deliveries via Bunker One's barge the Amak Swan can now view a live video of the operation, or view the recording for up to 45 days afterwards.

1 Mar 2021

Petro Inspect Group Appoints New Group Managing Director

George Masvoulas will oversee the entire Petro Inspect Group operations globally.

1 Mar 2021

Oil Achieves 20% Monthly Gain As Analysts Reiterate Their Bullish Recovery Stanceth

Analysts also think Brent will average $59.07 per barrel this year.

26 Feb 2021

Explosion Reported on Board Vehicle Carrier in Middle East

The UK Maritime Trade Operations body reported the explosion happened on Thursday night.

26 Feb 2021

UECC Says Biofuel Consumption Reaches 6,000 MT in 12 Months

The carbon intensity of the ship has dropped by 57.9% in the past two years.

26 Feb 2021

New Anchorage May Allow Further Growth for Zhoushan Bunker Market

So far 7,380 mt of bunkers and fresh water have been supplied at the new Qushan anchorage to the north of the port.

26 Feb 2021

MPA Awards Total Singapore LNG Bunker Supply Licence

Total is now the third supplier -- after FueLNG and Pavilion Energy in 2016 -- to be allowed to bunker ships with LNG in Singapore.

26 Feb 2021

CMA CGM Will Operate Six Gas-Powered Ships in US

The company will use the six 15,000 TEU ships on the China-Los Angeles route.

26 Feb 2021

World Fuels Services Bunker Sales Volume Down 16% in 2020

COVID-19 impact makes it a fifth straight year of falling marine fuel sales for the Miami, FL-headquartered firm.

25 Feb 2021

Texas Freeze Causes Mixed Crude Trading, But Analysts Continue Bullish Post-Covid Outlook

Meanwhile, Exxon Mobil turns its back on Canada's oil sands.

25 Feb 2021

Weekly Vessel Scrapping Report: 2021 Week 8

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 18 – February 24 2021.

25 Feb 2021

Minerva Bunkering Launches Digital Marine Fuels Platform

Minerva's new 'Advanced Delivery Platform' (ADP) service will be available for buyers at the ARA hub, in Fujairah and Singapore.

25 Feb 2021

Hull Coatings Feature in Marine Microplastic Pollution

Research points to marine-based pollution as greater than land-based pollution.

25 Feb 2021