All News

IEA Sees Oil-Based Bunker Demand Drop by 60 Million MT in the 2030s

The IEA's sustainable development scenario envisages oil-based bunker demand plummeting from about 200 million mt/year in 2030 to about 140 million mt in 2040.

11 Sep 2020

GPS Bunkers Sees Race to the Bottom on Prices Harming Fujairah's Status in Recent Years

Smaller operations that do not always stay the course are sometimes outperforming their larger competitors in Fujairah, according to local supplier GPS Bunkers.

11 Sep 2020

Swedish Companies Announce Wind-Powered Car Carrier Design

The design will be ready for orders next year, and the project aims for a launch date in 2024.

11 Sep 2020

Turkish Sources See Bunker Market Recovering in 2-3 Years

Mustafa Muhtaroğlu, CEO of local supplier Energy Petrol, is due to talk about the Turkish market and the wider bunker industry at the IBIA Annual Convention 2020 in November.

11 Sep 2020

Shipping Industry Lacks the Cash to Spend on Decarbonisation: Newport Shipping

"Shipowners can be counted on to do the right thing, once they have exhausted every other option."

11 Sep 2020

Oil Prices Dip Again Due To Perception Of Stalled Demand

However, traffic jams have resumed in Europe and Asia.

10 Sep 2020

Weekly Vessel Scrapping Report: 2020 Week 36

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 3 – September 9, 2020.

10 Sep 2020

GP Global Tanker Arrested in India: TradeWinds

The tanker had been waiting off Fujairah before coming to India last month.

10 Sep 2020

Xihe Holdings Interim Judicial Manager Launches 'Fire Sale' of Ships

Grant Thornton, the company appointed to supervise Xihe last month, has appointed has appointed Clarksons Platou and Arrow Shipbroking as exclusive brokers for the sale of the company's ships.

10 Sep 2020

Bunker Supplier Peninsula Adds LR1 Tanker to Fleet

The Gibraltar-based firm has added the tanker Gladiator to support its operations in the Mediterranean.

10 Sep 2020

ExxonMobil to Start Selling Biofuel Bunkers at Rotterdam Later this Year

Exxon has completed a sea trial of its bio-fuel oil bunkered on board a Stena Bulk vessel at Rotterdam and used in normal commercial operations.

10 Sep 2020

Products Tanker Explodes in Vietnam

One crew member was reported missing and the remaining 11 were rescued.

10 Sep 2020

Trafigura Seeks to Expand Bebera Port in Somaliland

The company signed a storage agreement earlier this year with the Government of Somaliland's Ministry of Trade, Industry and Tourism.

10 Sep 2020

Oil Rebounds On Encouraging Economic Data, But Crude Analysts Maintain Gloomy Stance

But Sen anticipates a Covid vaccine will revive the moribund air travel sector.

9 Sep 2020

New Bunker Brokerage Launched

By former LQM broker and CLearLynx VP Tammi Welch-Ingannamorte.

9 Sep 2020

FEATURE: Bunker Industry Warms to Wider Application of MFMs and Licences

The bunker industry may be coming around to the idea of applying Singapore's system of MFMs and bunker licences more widely.

9 Sep 2020

Zhoushan Bunker Sales Surged in August

A total of 420,000 mt of bonded bunker fuel was supplied at the Chinese port in August.

9 Sep 2020

DFDS Plans to Burn Methanol at Same Time as HSFO

By investigating this option, DFDS hopes to encourage the development of green methanol produced from sustainable sources.

9 Sep 2020

Bunker Spill Reported After Fire on VLCC off Sri Lanka

The VLCC New Diamond is currently about 37 nautical miles off Sangamankanda Point.

9 Sep 2020

Fantasy Football League Launches for Bunker Industry

A prize of £100 will be awarded to the overall winner of the league.

9 Sep 2020