July, 2024
Date Headline Image
Fri26Jul
Q2 marine income from operations was down by 47.5% on the year, by 61.2% from Q1 and the least since the fourth quarter of 2021.
World Kinect Q2 Marine Profits Drop to Lowest Since 2021 on Reduced Volatility
Thu18Jul
IBIA proposes a correction factor for short voyages to prevent ships with frequent short-duration voyages like bunker delivery vessels from being disproportionately penalised.
IBIA Seeks Change to CII Regulation for Bunker Vessels
Mon15Jul
Latest market survey indicates demand at key bunkering hubs around the world is now at the highest level since the fourth quarter of 2019.
BUNKER VOLUMES: Red Sea Diversions Help Boost Q1 Bunker Demand at Global Hubs by 6.4%
Mon15Jul
If the total from the first half were to be replicated over the rest of the year, 2024's total would reach 53.97 million mt, up by 4.1% from 2023's record high.
ANALYSIS: Singapore June Bunker Sales Gain 7.9% on Year
Fri12Jul
Two marine fuel testing agencies have warned of high cat fine levels observed in recent fuel oil samples from the Amsterdam-Rotterdam-Antwerp hub.
Testing Agencies Warn of High Cat Fines in ARA Fuel Oil
Tue09Jul
The company saw pre-tax earnings of $47 million in the year to April 30, up from $46 million the previous year and a new record for the firm.
Dan-Bunkering Pre-Tax Profits Climb to New Record High in 2023/24
Mon08Jul
This is the second data-falsification scandal hitting a Japanese engine manufacturer this year.
Japanese Engine Firm Falsified Fuel-Efficiency Data for 1,366 Ships
Thu04Jul
Steve Bee, group commercial director at VPS, sets out his firm's view of the latest revision to ISO marine fuel quality specifications.
INSIGHT: VPS on the New ISO 8217:2024 Specifications
Thu04Jul
The company saw pre-tax earnings of $22.17 million in the year to April 30, down from $40.9 million a year earlier.
Glander International Bunkering 2023/24 Profits Drop From Previous Year's Record
Tue02Jul
Alternatively-fuelled ships too up about a third of ships ordered in the first half, and 41% of tonnage orders.
41% of Tonnage Ordered in 1H24 Can Run on Alternative Fuels: Clarksons