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Dan-Bunkering Plans to Continue Operating Without CEO
May 7, 2020 ... Holding's commercial management, and that set-up has proven to be very effective. "That doesn't mean that we are ruling out finding a CEO sometime in the future, but for now this model works ...
Crude Prices Fall Over Stock Buildups, But Optimism Over Economic Recovery Continues
May 6, 2020 ... economy to begin with was so that our health care delivery system would not be overwhelmed; it wasn't, [and] we are even better prepared today." Therefore, he added, "We have to protect public ...
Minerva Bunkering CEO Sees Sales Volumes Grow in Shrinking Market
May 5, 2020 ... and had its roots in Greece. "The new Minerva is a very different company," Baron said. "It wasn't just repurposing Aegean, it was really the integration of two different teams and business ...
Singapore Authorities Warn of High Incidence of Scrubber Malfunctions
Apr 28, 2020 ... 0.50% sulfur limit on marine fuels.  Earlier this month classification society ClassNK issued a warning over reports of corrosion on scrubber-equipped vessels that may lead to ...
S&B VIEWPOINT: Can Russia Cling on to Its Bunker Market Share in the IMO 2020 Era?
Apr 28, 2020 ... the advent of IMO 2020 and the COVID-19 pandemic. On Monday Russian state-owned energy company Rosneft said it had sold just 112,000 mt of its new very low sulfur fuel oil (VLSFO) blend in the ...
Storage Capacity Fears Prompt Weaker Crude Values
Apr 27, 2020 ... Nunan, a senior risk manager at Mitsubishi Corp in Tokyo. "Anybody who has had length who doesn't have storage contracts has either closed their positions (in June) or rolled far forward ... ...
Rosneft Sold 112,000 MT of VLSFO in First Quarter
Apr 27, 2020 ... state-controlled oil firm Rosneft sold 112,000 mt of its new very low sulfur fuel oil (VLSFO) blend in the first quarter, the company said Friday. The oil company's marine fuels unit, ...
Oil Rises Again On Talk Of Late 2020 Recovery, Further Output Cuts
Apr 23, 2020 ... as lockdown protesters demonstrated outside the state capitol in Albany, "Economic hardship doesn't equal death." In equating back to work with risking a death sentence, Cuomo - who drew ...
Scrubber Economics Under Pressure as Rotterdam HSFO Discount Narrows Below Key $50/MT Barrier
Apr 20, 2020 ... of the installation cost. "Longer term, the market will normalize and the financial logic doesn't disappear; the savings are still there," Wärtsilä's Jenssen ...
Oil Down But Cautious Optimism Builds As Virus Restrictions Ease
Apr 17, 2020 ... in light of reports that as China's economy emerges form the virus-driven slump, its refiners are snapping up low-price oil from all over the world, including the U.S. and Canada. West Texas ...
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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

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