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Oil Dips On Disappointing China Stimulus and Waning Hurricane
Nov 8, 2024 ... factor that left investors unimpressed on Friday was the U.S. Department of Energy buying 2.4 million barrels of oil for the Strategic Petroleum Reserve. Friday also saw yet more ...
IBIA CONVENTION: Bunker Holding Argues Buyers Need 'Know Your Supplier' Attitude
Nov 8, 2024 ... fuel buyers need to start developing a 'know your supplier' attitude to match the KYC processes carried out on them before getting into deals, according to bunkering group Bunker ...
Bunker Buyers Should Consider Securing Supply Before US Election Result: Nolu Energy
Nov 5, 2024 ... buyers should consider securing their fuel supply ahead of the US election result being announced, according to marine fuels firm Nolu Energy. Buyers may benefit from moving in advance of ...
INTERVIEW: Glander Warns Asian Bunker Buyers to Take Urgent Action on EU Regulations
Nov 4, 2024 ... sufficient." But over the longer term, as shipping competes for biofuels with other industries, buyers will face much higher costs if they haven't locked in lower prices in advance. "I want to ...
Shell Reports Expectations-Beating $6 Billion Profit in Q3
Oct 31, 2024 ... Wael Sawan, CEO of Shell, said in the statement. "Today, we announce another $3.5 billion buyback programme for the next three months, making this the 12th consecutive quarter in which we ...
INTERVIEW: Will Regulation, Not Bunker Savings, Drive the Uptake of Digital Bunkering Platforms?
Oct 31, 2024 ... technology. Today, digital bunkering spans a much wider range of offerings and away from the buying and selling of bunkers - and perhaps more to the point, where digitalization is a value add ...
Vague Hopes For Middle East Peace Extend Oil's Losses
Oct 29, 2024 ... from lacklustre demand from China and worries about increasing supply." For his part, Daan Struyven, analyst at Goldman Sachs, toldĀ media that oil prices have become too cheap compared with ...
BUNKER JOBS: Marine Fuels Firm Seeks Bunker Trader in Mumbai
Oct 17, 2024 ... at the various ports for the delivery of bunkers to the vessels Negotiate with the bunker buyers and sellers. Generate leads and tap new business opportunities. Build a strong client ...
Oil Declines Again As Traders Prove Impervious To Declining Stocks, Middle East
Oct 17, 2024 ... in six quarters. Enverus principal analyst Andrew Dittmar pointed out that some of the biggest buyers have become sellers, including Occidental Petroleum, which sold $818 million worth of ...
Wallenius Wilhelmsen Shifts 10% of Bunker Consumption to Biofuel Blends
Oct 16, 2024 ... us. "But they're all looking at the cost; the cost is important." The firm has only been buying UCOME-based blends so far, mostly picking them up at the ARA hub in Northwest Europe and in ...
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Also in the News

Shell Denies Making an Offer to Acquire BP

Shell Denies Making an Offer to Acquire BP

The Wall Street Journal had reported on Wednesday that talks between the two firms were at an early, but active, stage.

Read in Full

Oil Rises Minimally As Iran/Israel Ceasefire Falls Under Scrutiny

Oil Rises Minimally As Iran/Israel Ceasefire Falls Under Scrutiny

Meanwhile, major U.S. stock draws again suggest demand is healthier than thought.

Read in Full

FLEX Commodities Hires Senior Trader in Brazil

FLEX Commodities Hires Senior Trader in Brazil

The new hire previously worked for local supplier Raizen from January 2020 to January of this year.

Read in Full

Popular Now More

  1. 26Jun
    1Bunker Holding Hires Head of New Global Supply Organisation
    Mikkel Kannegaard has joined Bunker Holding as head of its newly established global supply organisation as of this month.
  2. 27Jun
    2Peninsula Expands Physical Supply Operation in US Gulf
    The firm has expanded its physical supply operations to include the US Gulf offshore market, focusing on the Galveston Offshore Lightering Area.
  3. 20Jun
    3Saudi Prince Launches New Global Bunkering Firm Eleven Energy
    HRH Prince Abdulaziz Al Saud bin Turki has launched a new marine fuel trading firm, Eleven Energy, with offices in Saudi Arabia and Rotterdam, a company representative tells Ship & Bunker
  4. 24Jun
    4Bunker Holding Reports Lowest Pre-Tax Earnings Since 2017/18
    The firm's pre-tax profit from continuing operations was down by 63.8% from 2023/24 in what it characterises as 'a very demanding year'.
  5. 23Jun
    5Arte Bunkering Files for Winding-Up of Delta Corp Shipping
    The application was filed on June 5 and will be heard in a Singapore High Court sitting on June 27.
  6. 27Jun
    6Open-Loop Scrubber Discharge to Be Banned in Ports and Inland in North-East Atlantic
    The decision to ban scrubber discharge by July 2027 was made at a ministerial meeting of the OSPAR commission in Vigo this week.
  7. 26Jun
    7FLEX Commodities Hires Senior Trader in Brazil
    The new hire previously worked for local supplier Raizen from January 2020 to January of this year.
  8. 26Jun
    8BUNKER JOBS: ONE Seeks Global Bunker Management Executive in Singapore
    The company is looking for candidates with at least three years of relevant experience, including onboard experience as an assistant engineer.
  9. 25Jun
    9Parkland Corporation Shareholders Approve $9.1 Billion Acquisition by Sunoco
    Parkland's assets include a 55,000-barrel-per-day refinery, and bunker supply operations in Vancouver, Florida, and the Caribbean.
  10. 23Jun
    10Singapore Bunker Supplier Count Drops to Just 39 Firms
    The count has been steadily dropping over the past decade as the Maritime and Port Authority of Singapore tightened requirements for its bunker suppliers.
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