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Torm Buys 75% of Scrubber-Producing Company
Aug 16, 2022 ... Torm now holds a 75% stake in Denmark's ME Production. ...
Monjasa Sells Tanker From West Africa Operation
Aug 16, 2022 ... representative told Ship & Bunker. The representative declined to comment on the vessel's buyer or other details about the transaction.  Monjasa took on the Monjasa Chaser -- previously ...
Oil Sinks Below $90 As China Data Disappoints and Iran Diplomacy Excites Traders
Aug 15, 2022 ... on Russian exports begins in December; and while Moscow has been relying on customers in Asia to buy heavily discounted crude, Kpler, Rystad Energy, and Moscow-based BCS Global Markets all agree ...
Economic Woes Send Oil Prices Towards A 10% Weekly Loss Despite Market Tightness
Aug 5, 2022 ... grade was shown at a premium of around $8 a barrel over benchmark Dubai prices to North Asian buyers this week….down from $15 to $16 a month ago." Meanwhile, as it became evident that oil ...
Oil Sinks To The $80s As Demand Fears Intensify
Aug 4, 2022 ... is extremely tight around the world, to the point where Saudi Arabia raised its oil prices for buyers in Asia to a record level, and the Organization of the Petroleum Exporting Countries (OPEC) ...
FEATURE: Digitalisation is Next Step After MFMs in Singapore's Push for Efficiency and Transparency
Aug 4, 2022 ... (E-BDNs) -- which allow a better transfer of information from bunker supply operations to both buyer and seller without the use of physical paperwork -- since at least 2014. The MPA is seeking ...
Alfa Laval Buys BunkerMetric
Aug 4, 2022 ... The firm's BunkerPlanner software will be integrated into the StormGeo platform to add value to their existing clients, CEO Christian Plum tells Ship & Bunker. ...
Oil Plunges On Further Evidence That U.S. Motorists Are Curtailing Their Driving Habits
Aug 3, 2022 ... after last week's data that soft July demand data was reversing; this week's release will keep buyers on hold." Bob Yawger, director of energy futures at Mizuho, added, "Gasoline is a ...
INTERVIEW: Shell Sees Range of Hydrogen-Based Fuels Emerging But Fossil Bunker Demand Persisting to 2040s
Aug 2, 2022 ... LNG is a fuel in transition," Ebbinghaus said. "Today, it's the lowest-emissions fuel you can buy which is mature. "The criticism for LNG is methane slip, in the upstream where you get the ...
Oil Up As Signs Of Tight Global Supplies Too Intense To Ignore
Jul 25, 2022 ... slow economic growth (and thus negatively impact demand), traders responded to reports that some buyers in Asia are paying premiums of over $20 per barrel to secure certain grades, and Brent ...