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CMA CGM Steps Up Fuel Hedging as Bunker Costs Surge
Mar 7, 2022 ... well as facing rising VLSFO costs as other shipping lines do, the company is now the largest buyer of LNG as a bunker fuel and will have been exposed to last year's record surge in LNG prices. ...
ARA 30-Day Payment Terms Dropping to Seven: Sources
Mar 7, 2022 ... of trade have altered dramatically over the last week with buyers being asked to settle in cash or on seven-day terms. Some suppliers have already gone on to shorter payment terms. "That ...
Wärtsilä Halts Sales to Russia
Mar 4, 2022 ... top bunkering firms said they were stopping bunker sales at Russian ports, and some have stopped buying oil of Russian ...
Monjasa Halts All Russia-Related Business Including Russian Oil Purchases
Mar 3, 2022 ... has halted all Russia-related business in response to the war in Ukraine, including stopping buying oil originating in the country. The firm stopped all business with Russia as of February ...
Tepid Reserves Release Fails To Calm Oil Investors; Prices Soar
Mar 1, 2022 ... senator Joe Manchin pointed out the irony of White House energy policy by stating, "We're buying 650,000 barrels per day from Russia: it's ridiculous, totally ridiculous." He called on ...
BUNKER JOBS: Hapag-Lloyd Seeks Senior and Junior Fuel Purchasers
Mar 1, 2022 ... fuel purchaser in Hamburg. The company is looking for candidates in their first years of fuel buying for the junior role, and ones with several years of experience for the senior one, a ...
Chevron to Buy Biofuel Producer Renewable Energy Group
Mar 1, 2022 ... biofuel producer Renewable Energy Group. The two firms have signed a deal for Chevron to buy the company for $3.15 billion, Chevron said in a statement on its website on Monday. The deal is ...
Bunker Players See Sanctions Start to Bite in Russia-Ukraine Conflict
Feb 28, 2022 ... sources have reported a Ukraine-flagged tanker held by Russian forces on Friday. "Buyers are not looking at cargoes where Russian interests are involved, at any level," a bunker ...
ICS: Free Movement for Russian and Ukrainian Seafarers Needed to Keep Global Trade Moving
Feb 24, 2022 ... of disruption, the organisation argued. "The safety of our seafarers is our absolute priority," Guy Platten, secretary general of ICS, said in the statement. "We call on all parties to ensure ...
NSI: How to Approach Surging Bunker Markets in Ukraine Crisis
Feb 24, 2022 ... among us on the the most likely course of events: Suppliers in the main markets will avoid buying new cargo when the market is so volatile. This will be exacerbated in markets where still a ...
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BUNKER JOBS: World Kinect Seeks Senior Credit Manager in Singapore

BUNKER JOBS: World Kinect Seeks Senior Credit Manager in Singapore

The company is looking for candidates with five to seven years of bunker credit or relevant shipping experience, as well as proven experience in managing a team.

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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.

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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.

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