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Oil Hits Highest Level In A Year On Economic Recovery Signs
Feb 5, 2021 ... f Fully laden, they would deliver in excess of 250 million barrels. Bloomberg stated a Chinese buying spree would be appropriate given that inventories in most parts of the globe are now ...
Euronav Turns Profit on VLSFO Stockpile
Feb 5, 2021 ... the stockpile worth considerably less than its purchase price. The company has since been both buying fuels in the market and working down its stocks. "Despite the challenges, the overall ...
Star Bulk Takes on Seven Ships From Scorpio Bulkers
Feb 4, 2021 ... Scorpio Bulkers's exit from dry bulk, taking on seven of its ships.  Star Bulk has agreed to buy the SBI Pegasus, the SBI Ursa, the SBI Subaru, the SBI Capoeira, the SBI Carioca, the SBI ...
Ukraine Bunker Volumes "Steady" in 2020
Feb 3, 2021 ... did not materilzise was a shift from fuel oil to gasoil. We had expected a significant number of buyers in the region to opt for MGO rather than VLSFO," Michael Malamen, Senior Bunker Trader at PMG ...
More Gains For Oil As Optimism Over 2021 Demand Recovery Gains Traction
Feb 2, 2021 ... on an S&G Global Platts pricing window; this is on the heels of Shell staging the heaviest buying by a single company since at least ...
Saudi Aramco Takes on Fuel Monitoring System for Offshore Fleet
Feb 2, 2021 ... is an increasingly important trend for the industry. Shipping companies are to a growing extent buying in third-party products that improve their fleet's fuel efficiency. These have the combined ...
Oil Prices Mixed, But IMF Predicts Vaccine-Fuelled Demand Growth Recovery
Jan 26, 2021 ... quickly." Meanwhile, the end of the Donald Trump presidency is being cited for a change in buyer behaviour with regard to Iran: SVB International and two other firms estimated that exports ...
S&B ANALYSIS: The Widening HSFO / VLSFO Spread and Potential for a Second Wave of Scrubber Uptake
Jan 26, 2021 ... the scrubber proposition overall. "At the moment it is mostly the very big ships that are still buying scrubbers, but later this year I believe that we will see an increase in the number of ...
Singapore: Talk of COVID, MFMs Being End to Bunker Surveying Dismissed as Short Sighted
Jan 26, 2021 ... being entrusted to check and report the vessel ROB on arrival to avoid crew participating in "buy back" scams. Christopher Bieda, BQS Operations and Training at Lloyd's Register, meanwhile, ...
Oil Ekes Out Gains Under Covid Cloud And Biden Optimism
Jan 25, 2021 ... fuel consumption." But as far as John Kemp, commodities analyst at Reuters, is concerned, oil buying by hedge funds is fading: on Monday he stated that fund positions "appear stretched on the ...
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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.

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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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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.

Read in Full

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