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"Delusional" Ceasefire Proposal Boosts Oil - But Prices Remain Rangebound
Feb 8, 2024 ... stating during the India Energy Week conference in Goa that "The world is grateful to India for buying Russian oil; it's not that they don't want us to buy Russian oil. "If we start buying more ...
Geopolitical Tensions No Match For Oversupply Despite Modest Oil Price Uptick
Feb 5, 2024 ... crude oil producer in 2023 pumping above 13 million bpd; its non-OPEC peers Brazil, Canada, Guyana and Norway are also seeing record production upticks. "These additional barrels, higher ...
BUNKER JOBS: Royal Caribbean Seeks Fuel Sourcing and Sustainability Manager
Feb 5, 2024 ... such as arbitrage savings, on-time delivery, industry benchmarking. Manages a team of leads and buyers to establish 100% timely fulfillment of the orders. Engage with Environmental, Safety ...
Q&A: Managing Carbon Fallout from the Red Sea Supply Chain Disruption and Beyond
Jan 31, 2024 ... 2025, and reaching 100% by 2026. This new regulatory phase presents shippers with two options: buy allowances or reduce carbon emissions. While the former may seem like an easier solution in the ...
Peart Group to Launch New App for Bunker Buyers and Suppliers
Jan 30, 2024 ... new cross-platform app aimed at bunker buyers and suppliers will be launched in February by the Peart Group. Known as ‘Bridge’, the group says its new app will allow marine fuels buyers and ...
Bullish Growth Prospects Trump Demand Doubts, But Oil Still Requires Fundamental Drivers
Jan 30, 2024 ... Dan Ghali, a commodity strategist at TD Securities, pointed  out that "aggressive algorithmic buying activity" is supporting futures, but fundamental drivers are required to sustain higher oil ...
Rising Freight Rates Take Bite From India-Europe Low-sulphur Diesel Trade
Jan 30, 2024 ... high freight costs would be likely to prompt sellers of India-origin cargoes to look to Asia for buyers soon, which would tighten supplies into Europe further, sources said. Planned maintenance ...
ADP Clear Joins Singapore's List of Approved e-BDN Service Providers
Jan 22, 2024 ... launched by Minerva and developer Rise-X.io in 2021.  Minerva's ADP platform gives bunker buyers a live and transparent view of the delivery process, including taking data from the ...
Oil Up After U.S. Retaliates Against Houthi; But Fundamentals Remain Steady
Jan 12, 2024 ... rise in geopolitical risks," and he added  that if Brent breaks $81 per barrel, it could drive buying and "force algos to start acquiring net long positions." In other oil news on Friday, ...
IMO Decarbonisation Goals Strengthen Case for Global Adoption of MFMs: TFG Marine
Jan 9, 2024 ... MFM delivery by teaming up with accredited conformity assessment bodies. "Shipowners and fuel buyers should aim to continue to buy from these suppliers even if headline prices move higher. ...
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BUNKER PRICES: G20-VLSFO Index Declines for Fourth Day

BUNKER PRICES: G20-VLSFO Index Declines for Fourth Day

Global VLSFO prices have been dropping all week following the ceasefire in the Middle East.

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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.

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Open-Loop Scrubber Discharge to Be Banned in Ports and Inland in North-East Atlantic

Open-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.

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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