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Oct
September, 2020
Date Headline Image
Mon07Sep
A fire broke out on board the New Diamond on September 3 as it was carrying 270,000 mt of crude from Kuwait to Paradip.
Fire Extinguished on VLCC off Sri Lanka
Fri04Sep
But Goldman still sees a robust 2021 recovery for crude.
Oils Drops Over 3 Percent As Traders Express Concern Over U.S. Economic Figures
Fri04Sep
The number of scrubber-equipped ships needing repairs to their washwater pipes appears to be increasing.
Scrubber Repairs Needed Just Six Months After Installation in Some Cases
Fri04Sep
The 209,000 DWT ships are scheduled to be delivered throughout 2022.
Mining Giant BHP Charters Five LNG-Fuelled Bulkers From Eastern Pacific Shipping
Fri04Sep
The purchase became effective at the end of July.
NORbunker Founder Increases Ownership After Hamburg Energy Trading Quits Bunkering
Fri04Sep
A crack of about two metres has been observed near the port aft about ten metres above the waterline.
No Oil Spill Reported Yet From VLCC on Fire Off Sri Lanka
Fri04Sep
Sales at the UAE port halved between January and June, but rallied strongly in July, according to Glander International Bunkering.
Fujairah Bunker Demand Dropped to 400,000 MT in June
Thu03Sep
Meanwhile, Kemp worries that OPEC's commitment to cutbacks is wavering.
Encouraging Jobless Claims Fail To Please Traders, Crude Prices Dip Again
Thu03Sep
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 27 – September 2, 2020.
Weekly Vessel Scrapping Report: 2020 Week 35
Thu03Sep
The Board of Auditors has fined the two Deloitte employees 100,000 Danish kroner ($16,000) each.
Danish Authorities Fine Two Deloitte Auditors Over OW Bunker Accounts
Thu03Sep
The family may be allowed to retain 5% of their assets, estimated at up to $1.5 billion.
Hin Leong Founder's Family May Be Allowed to Keep $75 Million in Assets
Thu03Sep
If adopted, the proposed ban would come into force in July 2024.
Proposed IMO Ban Would Still Allow 84% of Fuel Oil Use in Arctic to Continue: NGO
Thu03Sep
All staff have been paid in full this month, according to a company source.
GP Global Denies Closing All Desks as Restructuring Continues
Thu03Sep
The New Diamond is on fire on its way carrying a crude cargo from Kuwait to Paradip.
Fire Reported on VLCC Off Sri Lanka
Thu03Sep
The collaboration with Cargill takes the number of vessels using ZeroNorth's Optimise software to almost 1,000.
Cargill Invests in Maersk Tankers Fuel Efficiency Spin-Off ZeroNorth
Thu03Sep
Heavy distillate and residue stockpiles at the port sank by 14% to 13.318 million barrels in the week to Monday.
Fujairah Fuel Oil Stocks Drop to Four-Month Low on Improved Bunker Demand
Thu03Sep
The companies plan to start a feasibility study for the vessel and its hydrogen supply from this month.
Japanese Consortium Seeks to Trial Hydrogen-Powered Ferry by 2024
Wed02Sep
But the suddenly bearish sentiment is unjustified, says Flynn.
Demand Worries Grip Traders Yet Again, Oil Plummets
Wed02Sep
Monjasa sold a total of 4.5 million mt of marine fuels last year, up by 10% from the previous year.
Monjasa Sees Bunker Sales Grow in Every Month of 2020 Despite COVID-19
Wed02Sep
CEO Cem Saral sees no return to pre-coronavirus demand levels before the middle of 2022.
Cockett Marine Oil Sees 11-17% Global Bunker Demand Drop in 2020