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Q&A: Ufuk Erinc, CEO at Turkish Supplier Unerco and 2024 IBIA Board Candidate
Jan 10, 2024 ... mandatory use of mass-flow meters? A: Installing mass-flow meters into each barge in the world doesn't make much difference, because if there is a will there is a way. The important thing is the ...
Saudi Arab Light Price Cuts Cause 3%-Plus Loss For Brent, WTI
Jan 8, 2024 ... Recalcitrant OPEC members are blamed for the Saudis' action. ...
More Tepid Oil Trading As Geopolitical Tensions, Inventory Builds Fail To Impress
Jan 5, 2024 ... minimal impact: "We've seen some inventory builds toward year end and that's why the market just isn't sensitive to this." Sen went on to say of the Red Sea militant attacks, "Even if there are ...
ClassNK Adds EU-ETS Support to its GHG Emissions Management Tool
Jan 4, 2024 ... today announced it has added EU-ETS Management support for vessels under its GHG Emissions Management Tool, ClassNK ZETA (Zero Emission Transition Accelerator). Shipping is now included ...
Oil Losses In 2023 Exceed 10%, Analysts Predict More Gloom Ahead
Dec 29, 2023 ... However, Sen banks on more drawdowns to inspire renewed confidence. ...
Market Perspectives: Marine Fuel Market is in Transition and so are Alternative Fuels
Dec 14, 2023 ... alternative fuel with a raised profile in the maritime industry is ammonia. "Ammonia doesn't contain carbon which is in its favour," said the Energy Aspects analyst. "But its toxicity ...
Iran Detains Two Vessels for Fuel Smuggling
Dec 6, 2023 ... and were detained to the south of Abumusa Island in the Middle East Gulf, Iranian news agency Tasnim reported on Wednesday, citing comments from the Islamic Revolutionary Guard Corps. The ships ...
OPEC Reduction Deal Disappoints, Oil Falls Over 2%
Nov 30, 2023 ... on Russian oil and fuels as an influencer, reporting that the volume of oil exports via the Transneft pipeline systemdeclined by 8 percent annually in the first nine months of 2023; during that ...
OPEC Again Buoys Crude Trading, Eclipses Surprise Build In U.S. Stockpiles
Nov 29, 2023 ... surprise build of U.S. crude and gasoline stocks wasn't enough to derail crude trading optimism on Wednesday, founded by expectations that the Organization of Petroleum Exporting Countries ...
Crude Traders Reverse Course As Oil Shortages, Closures Bolster Supply Worries
Nov 28, 2023 ... Meanwhile, India debates whether to accept Russian oil delivery. ...
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BUNKER PRICES: G20-VLSFO Index Drops to Lowest Level Since April 2021

BUNKER PRICES: G20-VLSFO Index Drops to Lowest Level Since April 2021

Global VLSFO prices dropped sharply with crude on Friday.

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BIMCO Adds Methanol Annex to Standard Bunker Contract

BIMCO Adds Methanol Annex to Standard Bunker Contract

BIMCO says work on the biofuels clause for charterers is also under way and is expected to come out later this year.

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US Warns of Visa Restrictions and Sanctions for Countries Backing IMO 2028 Deal

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The US has been a longstanding opponent of the IMO 2028 deal, and has repeatedly threatened reprisals against countries supporting it.

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