All News

VesselsValue Reports Sharp Drop in LR3 Tanker Speeds

VesselsValue also reports an increase in speed for ULCV boxships and a small slowdown for Handymax bulkers.

6 Jul 2020

Tanker Company Ardmore Declines Offer to Merge With Hafnia

The combined company would have had a controlled fleet of 210 ships.

6 Jul 2020

Weak Fundamentals Exert Pressure on Bunker Markets

Players fear build-up of supply against persistent, lacklustre demand.

6 Jul 2020

Spanish Port Eyes Renewables Sector

Cadiz starts conversation of possible roles for the port area in renewable energy.

6 Jul 2020

Singapore: Advisory Panel on Maritime Decarbonisation

Formed to support industry in attaining IMO 2050 goals.

6 Jul 2020

International Coalition of Companies Formed to Decarbonise Transport and Logistics

Some of the group's first projects will include developing the use of hydrogen, biofuels and biogas and synthetic gas in transport.

6 Jul 2020

VLSFO Supply Launches in Suez

The product has a viscosity of 8 CST.

6 Jul 2020

IMO Seeks to Revitalise Decarbonisation Agenda With New Talks

Ship & Bunker this week has published a new explainer video and guide on the IMO 2030 target.

6 Jul 2020

More Gains For Crude As Economic Recovery Excitement Beats Covid Fears

Meanwhile, U.S. top doctor warns that social distancing, not lockdowns, will slow the virus's spread.

3 Jul 2020

Fuel Oil Spill Reported in Panama

The spill is reported to have happened at about 2 AM local time on Tuesday.

3 Jul 2020

Canada's CBH to Invest in VLSFO Production in Oman

Production capacity at the site is expected to be ramped up to 300,000 b/d in phases.

3 Jul 2020

Integr8 Fuels Launches Bunker Procurement App

The app features live bunker prices, news and research and allows buyers to submit enquiries and receive firm quotes in minutes.

3 Jul 2020

Hedging Company Global Risk Management Hires New CCO

Global Risk Management is owned by United Shipping and Trading Company, the parent company of marine fuels conglomerate Bunker Holding.

3 Jul 2020

Monjasa Announces Renaming and Redesigning of Fleet

Monjasa is carrying out the process for its 10 owned tankers.

3 Jul 2020

Wärtsilä Suggests Ammonia Can Be Used as Bunker Fuel in Existing Engines

Ammonia could be blended with LNG or diesel to improve its ignition properties and allow it to be used in the current fleet with small engine modifications.

3 Jul 2020

Weekly Vessel Scrapping Report: 2020 Week 26

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 25 – July 1, 2020.

2 Jul 2020

Huge Job Gains Boost Oil Prices As Goldman Sees Full Recovery in 2022

But fears of a return to Covid lockdowns still persist.

2 Jul 2020

Shipping Company Klaveness Combination Carriers Takes on Biofuel Bunkers

Klaveness Combination Carriers has taken on biofuels supplied by GoodFuels for the first time.

2 Jul 2020

Storage Space Concerns May Limit Hydrogen's Use in Shipping

One of the main disadvantages of hydrogen is its storage space requirements -- as much as three times that needed for marine gasoil.

2 Jul 2020

Australian Refineries Feel Covid-19 Demand Loss

Making plants to vulnerable to closure.

2 Jul 2020