Americas News

May, 2020
Date	Headline	Image
Thu28May	Oil Rises, But Wreckage Caused By Government-Imposed Lockdowns Still A Major Hurdle Chevron, other firms announce more layoffs.
Thu28May	Argentinian Bunker Sales Gained 70% in First Quarter Total sales rose to 502,815 mt in the first quarter of 2020, up from 296,320 mt a year earlier.
Wed27May	Brokerage NSI Hires US Managing Director NSI is seeking to expand its presence in the US market.
Fri22May	Fourth Consecutive Weekly Gain For Crude As Analysts Say Markets Finally Gaining Firm Footing However, Chinese and India demand recovery still poses challenges.
Thu21May	Oil's Winning Streak Supported By Inventory Drops But Capped By Economic Concerns Businesses are worried about a second wave of lockdowns.
Thu21May	Quarterly Loss, Extended Voyage Suspension for RCL But management confident of bounce back from covid-19 negatives.
Tue19May	GCC Switching to MTD Bunker Pricing We hope this will add transparency to the Houston market, GCC Bunkers' Zach Stansbury tells Ship & Bunker.
Mon18May	Huge Gains For Crude Over Demand Resurgence And Virus Vaccine News Croft says "green shoots of recovery" are in place.
Mon18May	Panama Sees Year-on-Year Jump in April Bunker Sales Total sales rose to 415,137 mt in April, up from the 406,677 mt seen a year earlier, but down by 7.35% month-on-month.
Fri15May	Yet More Gains For Crude As Back To Work Momentum Generates Upbeat Demand Forecasts At present the optimism is eclipsing health concerns of a second virus wave.

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28May

1New Bunker Supplier TFG Marine Made Estimated $4 Million Profit in Q1

The IMO 2020 transition appears to have led to early profits for the newly-formed company.
27May

2Brokerage NSI Hires US Managing Director

NSI is seeking to expand its presence in the US market.
25May

3State of the Industry: Bunker Suppliers, Ship Owners in for Harder Times

Ship & Bunker's complimentary two-hour online event will be held on May 26 at 11 AM CET / 10 AM London / 5pm Singapore time.
26May

4IBIA Seeks to Develop Bunker Licensing Scheme at Ports Worldwide

The ports of Amsterdam, Rotterdam and Antwerp plan to introduce such a scheme by the start of 2022, following the example set by the Maritime and Port Authority (MPA) in Singapore.
27May

5VPS Reports Sharp Decline in Non-Compliant VLSFO Samples

In March and April this year, just 1.1% of the VLSFO samples tested by VPS had sulfur content above 0.50%.
28May

6Weekly Vessel Scrapping Report: 2020 Week 21

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 21 – May 27, 2020.
28May

7Oil Rises, But Wreckage Caused By Government-Imposed Lockdowns Still A Major Hurdle

Chevron, other firms announce more layoffs.
26May

8Rotterdam Bunker Prices Climb to Two-Month High

The VLSFO price at the Dutch port gained $14.50/mt to $255/mt Monday, the highest level since March 16.
28May

9Argentinian Bunker Sales Gained 70% in First Quarter

Total sales rose to 502,815 mt in the first quarter of 2020, up from 296,320 mt a year earlier.
27May

10Oil Down on Geopolitical Tension But Recovery From Virus Lockdowns Still Strong

Meanwhile, Morgan Stanley raises its Brent forecast.

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