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Market Tightness, Demand Ignored As China Concerns Again Cause Oil Price Declines
Sep 7, 2023 ... that U.S. authorities seized nearly 1 million barrels of Iranian oil that were being illegally smuggled to China earlier this year. However, Bloomberg noted that Iran’s soaring oil exports ...
51.3% of Current Shipping Orderbook Can Run on Alternative Fuels: DNV
Sep 7, 2023 ... strategy will hinge on many parameters, such as vessel size and trading pattern. "Yet pragmatism and a defined pathway for the vessel's life will be key to avoid unattractive or stranded ...
New Report Promotes Benefits of Onboard Hydrogen Production From Methanol
Sep 7, 2023 ... propulsion," Robert Schluter, managing director of e1 Marine, said in the statement. "For smaller vessel's main propulsion and ocean-going vessels auxiliary engines, the Thetius findings ...
Supply Concerns Trigger Another Round Of Oil Price Gains
Sep 6, 2023 ... of big crude oil draws pushing prices up." Earlier, traders had reportedly been spooked by the ISM non-manufacturing Purchasing Managers' Index (PMI) coming in at 54.5, compared with expectations ...
Extended Saudi Crude Cuts to Keep Scrubber Spread Narrow: GRM
Sep 6, 2023 ... cuts required of the country under OPEC deals. Russia also announced a similar extension of its smaller output cuts. The move is likely to add to tightness in HSFO supply as refiners replace ...
Huge Growth for LNG Bunkering, Says Vitol CEO
Sep 5, 2023 ... ten years, the chief executive of trading firm Vitol has said. Russell Hardy voiced his assessment at Gastech 2023 which is taking place in Singapore this week. "There's going to be a huge ...
Klaveness Hires Senior Bunker Manager in Singapore from Torm
Sep 4, 2023 ... firm Klaveness has hired a new senior bunker manager in Singapore from Torm. Rasmus Holm Jensen has joined the company as senior bunker manager in Singapore as of this month, he said in ...
BUNKER JOBS: Bunker Partner Seeks Accountant in Cyprus
Sep 1, 2023 ... domestic and global banking relationships Reviewing account activity for signs of mistakes, mismatches, or potential fraud Regular compliance monitoring with loan agreements Ensuring ...
Wärtsilä Offers Onboard Carbon Capture Feasibility Studies to Shipping Industry
Aug 29, 2023 ... it said in an emailed statement on Tuesday. The studies will demonstrate how the systems can be smoothly integrated once they are commercially available. "Once completed, the CCS feasibility ...
Bulker Banned From Australian Waters for Alleged Mistreatment of Seafarers
Aug 24, 2023 ... wages had been owed to seafarers working onboard the MSXT Emily, with the ship's operators (MSM Ship Management Pte Ltd China) attempting to pay the amount owed once they were aware that ...
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Also in the News

HSFO Demand Lifts Rotterdam Q2 Bunker Sales as VLSFO Shrinks

HSFO Demand Lifts Rotterdam Q2 Bunker Sales as VLSFO Shrinks

Rotterdam's bunker sales grew marginally in Q2.

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Red Sea Crisis Added 18 Million Tons of CO2 Emissions in EU Container Shipping

Red Sea Crisis Added 18 Million Tons of CO2 Emissions in EU Container Shipping

Container shipping has been the hardest hit by Red Sea rerouting, with a CO2 emissions spike equivalent to Cambodia's annual national output.

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BUNKER PRICES: G20-VLSFO Index Declines With Crude

BUNKER PRICES: G20-VLSFO Index Declines With Crude

Ship & Bunker's G20-VLSFO Index fell by $0.50/mt to $557/mt on Tuesday, paring the previous day's $3.50/mt gain.

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    1Iran Detains Oil Tanker in Sea of Oman: Report
    The tanker was arrested in relation to charges of smuggling two million liters of fuel.
  2. 15Jul
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    The company reported earnings before tax of $9 million in the year to April 30,down from $20 million in the same period a year earlier, while volumes held steady at about 12 million mt/year.
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  5. 15Jul
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  6. 15Jul
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  10. 14Jul
    10Panama Bunker Sales Fall for Third Consecutive Month in June
    About 431,147 mt of bunker fuels were supplied in Panama in June, down by 4.9% from the previous month.
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