All News

Mining Giant BHP Scales Back LNG Bunkering Ambitions

The COVID-19 pandemic appears to have cooled BHP's interest in LNG-fuelled shipping.

29 Jun 2020

Bunker Margins Jump in Singapore

The premium for delivered VLSFO over cargo prices in Singapore advanced to $24.52/mt on Friday.

29 Jun 2020

Norsepower to Supply Rotor Sails to Ro-Ro Cargo Vessel

The sails will be able to reduce the ship's fuel consumption by up to 25%.

29 Jun 2020

Bunker Holding Sees Near Doubling of Earnings Before Tax in Record Year

The firm's pre-tax profit jumped to $155.2 million in the year to April 30 from $77.3 million a year earlier.

29 Jun 2020

Chinese VLSFO Exports Dropped in May

Exports have totaled 5.2 million mt so far this year.

29 Jun 2020

Relentless Covid Headlines Cause Oil To Dip, Traders To Worry About A Stalled Economic Recovery

The virus is said to be causing energy giants to reposition their investments.

26 Jun 2020

Cockett Marine Oil Stake Sale Postponed

In a business update Friday Grindrod said its planned disposal of assets was proceeding "at a slower pace than anticipated."

26 Jun 2020

Hin Leong's Shareholders to Address Findings of Interim Judicial Managers' Report

The shareholders are disappointed they were not able to respond to the contents of the report before its publication.

26 Jun 2020

'Absolutely Brutal' Drop For Vancouver Bunker Demand

This year's quiet summer cruise season is having a significant effect on bunker sales at Vancouver.

26 Jun 2020

Straits Inter Logistics Sees 24.5% Drop in Q1 Profit

Profit attributable to shareholders sank to 1.5 million ringgit ($350,000) in the three months to March 31.

26 Jun 2020

First Glimpse of Weak May Container Trade in US

The latest outlook from the National Retail Federation's Global Port Tracker expected a year-on-year decline of container imports of 14.6% for May.

26 Jun 2020

Istanbul Market Faring Well Despite 8% Drop in Bunker Sales

Decline is in line with a global drop in bunker sales due measures taken to address COVID-19.

26 Jun 2020

Oil Up On Signs of Improved Economic Recovery, Russian Commitment

But Covid infection rate rises still concern traders and analysts.

25 Jun 2020

Weekly Vessel Scrapping Report: 2020 Week 25

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 18 – June 24, 2020.

25 Jun 2020

SPONSOR CONTENT: Sales of Smart Sounding Scale "Honesty" Exceeds 1000 Units

Adopted for the high accuracy and efficiency: The time of tank sounding has been greatly shortened by about 75%.

25 Jun 2020 · SEMCO LTD

OPEC+ Compliance May Deliver $500/MT VLSFO by End of 2021

Brent crude prices could be 'well above' $50/bl by the end of this year and up to around $60/bl 'later next year'.

25 Jun 2020

Barnacles Cost Ship Operators Money

Hard fouling over ten per cent will add to bunker fuel bills, new research finds.

25 Jun 2020

Bremen Increases Shorepower Provision

With ten power points for seagoing and inland shipping.

25 Jun 2020

UK Government's Advisors Recommend Shipping's Inclusion in 2050 Net Zero Target

The report also calls for incentives to develop hydrogen and ammonia bunker supply chains.

25 Jun 2020

Ecoslops Expands in West Africa

Mini waste oil conversion unit agreed for Cameroon following two such units in Morocco.

25 Jun 2020