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Bearish Sentiment Deepens Despite Significant Output Cut Extensions
Jul 4, 2023 ... had the biggest number of outright bearish bets for West Texas Intermediate since 2017. Paul Horsnell, head of commodities research at Standard Chartered, said the cuts "should help to break the ...
Crude Benchmarks Headed For Monthly Gains, But Rangebound Trading Will Persist
Jun 29, 2023 ... Erlam, analyst at OANDA, pointed out that "The gradual consolidation that we're seeing in crude doesn't appear to be nearing an end, with the price simply fluctuating between the range highs and ...
INTERVIEW: A New Facility That Could Be Key to Net-Zero Shipping Is Under Construction
Jun 28, 2023 ... important to understand that every time we're thinking about removals to remember that this isn't an excuse to keep doing business as usual. We need both to get to zero." Too ...
China Strategies Continue To Pressure Oil Prices As Risk-Off Sentiment Takes Hold
Jun 20, 2023 ... Meanwhile, Canada predicts total oil price collapse with net-zero success. ...
Goldman Projection Cuts Send Oil Prices Plummeting Ahead Of Fed Meeting
Jun 12, 2023 ... Meanwhile, the Saudis express their desire to court China. ...
Oil Traders Favour Saudi Cut Despite Effect on The Kingdom's Economy
Jun 7, 2023 ... But bearish sentiment continues to limit oil's upside. ...
Japanese Startup Plans to Transport Renewable Electricity Via Ship
May 29, 2023 ... capacity of 241MWh. "Oceans can run deep, with seismic activity. Laying an underwater cable isn't always ideal," the firm explains. "The Battery Tanker can bridge energy sources across ...
Oil Posts Modest Gains on Hope of US Debt Ceiling Deal
May 26, 2023 ... Meanwhile, Russia exports continue to defy that country's output cut pledge. ...
VIEWPOINT: Bunker Industry Should Be Wary of Upcoming Sanctions
May 23, 2023 ... the screen for port calls, registered owner, flag and so on, but also for what you don't see. It isn't easy, and salvation lies in having a system and policy designed to 'fail safe' so only vessels ...
Oil Dips as Economist Wonders if Traders Can Suppress Economic 'Angst'
May 19, 2023 ... were paused in Washington; a White House official said a deal was still possible, but if one isn't reached the government may be unable to pay its bills by June 1. Traders were also rattled ...
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Also in the News

Delta Corp Shipping's Singapore Unit Faces Further Winding-Up Application

Delta Corp Shipping's Singapore Unit Faces Further Winding-Up Application

Marshall Islands-based shipping company Lym Holdings filed a winding-up application against Delta Corp Shipping Pte Ltd in Singapore's High Court on July 10.

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129Knots Launches Global Embedded Finance Initiative for Bunker Industry

129Knots Launches Global Embedded Finance Initiative for Bunker Industry

The new global embedded finance program will use 129Knots's origination-to-distribution platform to allow eligible borrowers across the global marine fuel sector to access working capital financing lines.

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BUNKER JOBS: Sri Lankan Firm Seeks Marine Fuels General Manager

BUNKER JOBS: Sri Lankan Firm Seeks Marine Fuels General Manager

The company is looking for candidates with at least 10 years of proven experience in trading and commercial operations.

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  1. 23Jul
    1VIEWPOINT: Why Good Bunker Traders Sometimes Leave to Join a Competitor
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses the various factors behind bunker traders jumping ship.
  2. 22Jul
    2UK Adds 135 Ships and Lukoil's Dubai Unit to Russia Sanctions List
    The UK has sanctioned 135 ships and Lukoil's Dubai trading arm in a fresh move to disrupt Russia's shadow fleet and cut off oil revenues.
  3. 28Jul
    3Hamburg Fleet Trials Palm Oil-Free HVO 100
    Flotte Hamburg sees HVO 100 biofuel as an interim solution to power inland vessels.
  4. 24Jul
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    The new Bunkering Services Initiative is seeking to establish a gold standard for ARA marine fuel supply, one of its founders tells Ship & Bunker.
  6. 28Jul
    6Malaysia Detains Tanker for Alleged Illegal Anchoring off Batu Pahat
    The vessel was detained for alleged anchoring in the waters off Batu Pahat.
  7. 21Jul
    7EU Lowers Russian Oil Price Cap, Adds Over 100 Ships to Sanctions List
    The EU has unveiled its new sanctions package against Russia, cutting the oil price cap to $47.6/bbl and blacklisting over 100 more vessels, including for the first time an Indian refinery linked to Rosneft.
  8. 24Jul
    8ANALYSIS: VLSFO Prices Forecast to Drop to Levels Not Seen Since Covid-19 Era
    Ship & Bunker's latest forecast shows bunker prices falling through the end of 2026, with VLSFO averaging $547/mt in 2025 and holding below $500/mt next year.
  9. 23Jul
    9Burando Energies Supplies B100 Straight Run FAME Residue Biofuel to Teekay Tankers in ARA
    Burando Energies tells Ship & Bunker it has moved from supplying B30 to delivering B100 straight-run FAME residue stems to Teekay Tankers in the ARA hub.
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    10TotalEnergies-CMA CGM Joint Venture Targets LNG Bunkering in ARA
    The new JV will deploy a 20,000 m3 LNG bunker vessel in Rotterdam by the end of 2028.
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