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Oil Achieves Monthly Gains On Energy Crunch, But OPEC May Intervene With Higher Output
Sep 30, 2021 ... to procure energy supplies at all costs, contributed to oil on Thursday closing the month almost 10 percent higher. West Texas Intermediate rose 20 cents to settle at $75.03 per barrel, ...
GEA to Offer In-House Ammonia Bunker Solutions
Sep 28, 2021 ... be powered by ammonia. "With the fuel ammonia and a five percent diesel blend, shipping can be almost completely decarbonized in the long term," GEO said. "However, the decisive factor in terms ...
Ship Manager Fined for Pollution Incident
Sep 27, 2021 ... operator Diana Wilhelmsen Management has been fined $2 million by the US authorities over a marine pollution incident. The firm admitted that one of its ships had dumped oily water into the ...
Bunker Companies Join 150+ Global Industry Stakeholders Urging Full Decarbonisation of Shipping by 2050
Sep 22, 2021 ... Goal is viable and group wants governments to commit to making zero emission shipping the default choice by 2030. ...
Oil Resumes Winning Streak On Signs Of Global Supply Tightness
Sep 21, 2021 ... supply is available, Brent gained 52 cents or $74.44 per barrel by 0212 GMT, having fallen by almost 2 percent on Monday. The contract for West Texas Intermediate, which expires later on ...
K-Line to Buy 8 LNG-Fuelled Car Carriers
Sep 21, 2021 ... conventional bunkers, claiming the new vessel would reduce CO2 emissions by 25-30%, eliminate SOx almost entirely, and lower NOx 80-90%. The move follows the addition of its first LNG-powered ...
Oil Down On China Property Woes, But Bearishness Has "Evaporated": Kemp
Sep 20, 2021 ... of the resurgent coronavirus epidemic. Kemp added, "Bearishness towards oil has evaporated almost entirely, with the total number of short positions across the six contracts at the lowest ...
Oilmar Sees Steady Growth From New Bunker Trading Business
Sep 17, 2021 ... Oilmar Shipping & Chartering is seeing steady growth from the bunker trading business it launched last year. The firm has recently seenĀ 10% month-on-month growth in its bunker ...
Oil Breaches $70 As Analysts Warn Of Downside To High Demand
Sep 13, 2021 ... on Monday closed above $70 per barrel for the first time in almost six weeks, with traders eyeing the possible destruction caused by another heavy storm expected to bring flooding rains to ...
Oil Down Again On Demand Fears Despite Demand Surging Worldwide
Sep 6, 2021 ... in Spain was up 10 percent (the strongest week since the pandemic began), Italy highways were almost 3 percent busier than 2019, Poland's roads were more congested than two years ago, and ...
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Also in the News

Flip Flop Crude Trading Suddenly Favours U.S./China Talks, Prices Escalate 3%

Flip Flop Crude Trading Suddenly Favours U.S./China Talks, Prices Escalate 3%

Meanwhile, global refiners report solid Q1 showings despite bearish market.

Read in Full

Norden Lifts Biofuel for the First Time in the US

Norden Lifts Biofuel for the First Time in the US

The firm bunkered B24-VLSFO at the Port of Houston in Texas.

Read in Full

FOBAS Bulletin: High/off-spec Ash due to Calcium, ARA

FOBAS Bulletin: High/off-spec Ash due to Calcium, ARA

These fuels were bunkered in the second half of April from ports in the Antwerp, Rotterdam, Amsterdam region with tested Ash ranging from 0.102 to 0.127%m/m.

Read in Full

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    10Hartree Marine Launches New US Gulf Physical Supply Operation
    The firm can now deliver VLSFO and MGO by barge at all major ports between Freeport and Lake Charles.
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