Mon20Apr |
Much of the inventory used as collateral for its lenders has been sold off, and company founder OK Lim hid $800 million in futures losses, his son alleges. |
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Mon20Apr |
Ship & Bunker's Global 4 Ports index indicated the average VLSFO price in the major bunkering hubs Thursday fell to $235.50/mt. |
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Fri17Apr |
However, resistance to life returning to normal continues. |
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Fri17Apr |
Average very low sulfur fuel oil prices have dropped by $209.50/mt since the end of February as crude prices collapsed in the face of global supply not being cut fast enough to keep up with evaporating demand. |
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Fri17Apr |
Several meetings scheduled to be held at the IMO's London headquarters over the past month have been postponed. |
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Fri17Apr |
Fuel producer GoodFuels bunkered the dry bulk carrier M/V Trudy with its 'Bio-fuel oil MR1-100' product at Rotterdam on Friday. |
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Fri17Apr |
"The decisions on the levels of the GHG strategy have already been made." |
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Fri17Apr |
On Thursday the organisation published a report titled "Setting the Course to Low Carbon Shipping" setting out its analysis of the decarbonisation agenda for shipping. |
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Fri17Apr |
Some FONARs filed so far this year explicitly mention non-availability of both 0.50%S and 0.10%S fuels. Others are more vague. |
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Thu16Apr |
Meanwhile, the Dow shoots up over promising coronavirus treatment news. |
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Thu16Apr |
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 9 – April 15, 2020. |
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Thu16Apr |
The 1.5 hour webinar will be titled "2020: IMO, COVID-19 & Principles of Risk Management" and will be held on May 12 at 2:30 PM London time. |
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Thu16Apr |
The company has told some customers it will suspend marine fuel deliveries from as soon as Friday, according to Reuters. |
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Thu16Apr |
Total throughput lost 9.3% from the same quarter of 2019 to 112.4 million mt. |
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Thu16Apr |
The company made sales at 692 different ports in 2019, up from 601 the previous year. |
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Thu16Apr |
MSC is now reviewing its internal IT systems "both from a software and an infrastructure perspective" to prevent future attacks. |
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Wed15Apr |
Meanwhile, the IEA says April will be remembered as "Black April" for the oil industry. |
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Wed15Apr |
Three bunker industry sources familiar with the Singapore market told Ship & Bunker that Ocean Bunkering's operations appeared to be continuing this week. |
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Wed15Apr |
Profit jumped to $26.5 million for 2019 from $5 million a year earlier. |
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Wed15Apr |
As many as 10 banks have exposure to the firm, Bloomberg reported Wednesday. |
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