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IMO2020: Bunker CEO Sees Higher Prices Presenting Credit Challenges
Oct 10, 2018 ... IMO2020-compliant bunker fuel is expected to be considerably more expensive than high sulfur fuel oil as it is currently priced, additional working capital, credit or marine insurance may be ...
IEA Echoes Trump In Calling for Crude Producers to Ease Supply Concerns
Oct 4, 2018 ... Fatih Birol, executive director of the International Energy Agency, on Thursday urged major oil producers to take "the right steps" to ease supply concerns that have lifted crude prices to a ...
Crude Hits New Highs, But Key Experts Downplay Talk of $100/bbl Oil
Oct 3, 2018 ... those who see opportunities in high oil prices, Wednesday's market performance amounted to a windfall, with fears about the impact of U.S. sanctions on Iran oil exports yet again propelling ...
IMO 2020: ExxonMobil 0.50%S Bunkers to have Global Cross Compatibility
Oct 3, 2018 ... might need some very minor onboard handling adjustments. Beyond that, as today with any fuel oil, we would not advise this mixing of the fuels." Volta says that its new 0.50% sulfur fuels ...
Crude Jumps as Saudis Deemed Powerless to Stop $100/bbl Oil
Oct 1, 2018 ... Mexico, and Canada, as well as the usual worries about market tightening due to loss of Iranian oil under American sanctions, caused crude on Monday to surge above $75, a four year high. West ...
Total Joins Experts Who Think Iran Sanctions Will Push Oil to $100/bbl
Sep 27, 2018 ... reasons. He said, "I'm not sure it's a good news" for the global economy, or "even for the oil industry, because you know, when price goes too high then you open the door to your ...
IMO 2020 ANALYSIS: Do the Sky High Predictions for Post 2020 HSFO Demand, Scrubber Uptake Add Up?
Sep 27, 2018 ... believe the number of scrubbers on order understates the size of the market for high-sulfur fuel oil." It is difficult to independently verify whether scrubbers really are going on the global ...
Brent Breaks $81/bbl as OPEC Says No to Output Hike
Sep 24, 2018 ... 2014, while West Texas Intermediate rose $1.30 to $72.08. Given the outcome of OPEC and non-OPEC oil ministers deciding in Algeria that they will only increase output in the event that customers ...
Lubricants Flexibility is the Answer to IMO 2020 Uncertainty: Chevron
Sep 24, 2018 ... problems and any 'unknown unknowns' that may come up," he adds. In addition to conventional oil based bunkers, IMO 2020 has also boosted interest in the use of alternative fuels such as ...
Friday's Crude Gains Capped by Report OPEC May Hike Output After All
Sep 21, 2018 ... president Donald Trump once more commandeered the Twitter realm to vent his frustration about high oil prices and demand that OPEC do something about it. Second, a rise of 500,000 bpd isn't ...
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Singapore Urges Bunker Suppliers to Follow Oil Spill Prevention Rules

Singapore Urges Bunker Suppliers to Follow Oil Spill Prevention Rules

The MPA has warned that oil spills during bunkering can draw fines of up to SGD 1 million under updated pollution-prevention rules.

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US-China Truce Offers Little Relief for Container Freight Market: Xeneta

US-China Truce Offers Little Relief for Container Freight Market: Xeneta

A temporary 12-month US-China truce is welcome news, but offers little long-term certainty for carriers and shippers, Xeneta warns.

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Spring Marine Expands Use of Sulnox Bunker Additive for Fuel Saving

Spring Marine Expands Use of Sulnox Bunker Additive for Fuel Saving

The Greek shipping firm is rolling out Sulnox Eco across all 28 of its vessels after proving 5% fuel savings.

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  6. 30Oct
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    The group will raise output slightly in December but freeze further increases in early 2026.
  10. 28Oct
    10Lukoil to Sell International Operations After US Sanctions
    Lukoil's international assets of interest to the bunker industry include Lukoil Bulgaria, a key supplier of marine fuel in the Black Sea.
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