Archive News

August, 2018
Date	Headline	Image
Fri10Aug	IMO 2020: Expect Bunker Costs to Jump 50%, says Wallenius Wilhelmsen Shipowner to outfit 20 more vessels with scrubbers to handle sulfur cap uncertainty.
Fri10Aug	China Checks Industry Interest in LNG Bunkers Wants feedback from industry stakeholders on their plans to use the alternative marine fuel.
Fri10Aug	IMO2020: Scrubbers vs. 0.5%S - Not a "Slam-Dunk" The IMO2020 compliance "panic" is starting, and as a consequence, more people are considering scrubbers.
Thu09Aug	Crude Falls Again on More Evidence of Slowing Demand and Output Capability Meanwhile, Iran demands that OPEC members stop trying to produce above their limit.
Thu09Aug	Weekly Vessel Scrapping Report: 2018 Week 32 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 2 – August 8, 2018.
Thu09Aug	SEA\LNG Adds Mexico's ÉNESTAS to its Membership Addition will help boost the LNG bunker advocates' presence in the Americas.	$SEA\LNG Adds Mexico's ÉNESTAS to its Membership$
Thu09Aug	OCM Opens Hamburg Office Lars Doering will lead a new team of three traders.
Thu09Aug	LQM Expands with Purchase of Ches Bunker Services LQM is also expanding to a new office in Texas.
Thu09Aug	Aegean Announces Appointments and Departures, New Management Committee Changes include Sal Drago returning as Global Director of Supply and Trading and CFO Pavlos Papageorgiou leaving after 4 months.
Wed08Aug	U.S. Crude Plummets 3.2 Percent on Higher Than Expected Stockpiles, Fear of Waning Demand Still, analysts maintain that a supply tightening is imminent.
Wed08Aug	Scrubber Super Profits: DHT Goes In-Depth on its $55M IMO 2020 EGCS Plans Highlights include "numerous proposals" to finance the project, ROI in less then a year, and a VLCC's average earnings boost of $12,000 per day.
Tue07Aug	Crude Prices Steady Despite Iranian Sanctions and Inventory Decline ANZ thinks the market is getting comfortable with geopolitical tensions.
Tue07Aug	Navig8 Newbuilds Fitted With Scrubbers Firm has taken delivery of the first of eight scrubber-fitted LR2 newbuilds.
Tue07Aug	Sea Oil Expands Bunker Trading Operations to Europe with Appointment of Bunker Industry Veteran Neil Lamerton The European expansion of the company "is the next logical choice," says Lamerton.
Mon06Aug	Houston, Singapore, Panama Fuel Contamination: Aderco Offers "Get Me Home" Solution to Bad Bunkers "Whilst not a magic wand, we offer a practical solution," says Group Technical Director, Olivier d'Olne.
Mon06Aug	Modest Drop in Saudi Crude Production Triggers Mass Fear of Supply Depletion Goldman Sachs insists we are heading for a "very, very tight oil market."
Mon06Aug	Panama Canal: Fuel Changeover Requirements Clarified in Q&A Q&A released in conjunction with ECM Panama.
Mon06Aug	Swapping Bunkers for Batteries: Norwegian Player Latest Ferry Operator to Join the Trend Norled to add four battery-powered ferries to its fleet.
Mon06Aug	Balboa Bad Bunker Claim: Meadway Seeking $2.1M in Damages After Main Engine Injectors Seize Lab test show the fuel shares characteristics with similar "bad bunker" complaints that have emerged over recent months.
Mon06Aug	MGO Sales Shine as Panama H1 Bunker Sales Rise 3.8% [GRAPH] June distillate sales jump 53.6%.

Showing 101-120 of 151 articles from August, 2018

May 13

1Vitol and Grindrod Agree to 'Orderly Wind-Down' of Bunker Trader Cockett

The firm will no longer take on new business after more than 45 years in bunkering.
May 16

2Vitol Launches Bunker Supply by Barge in West Africa

Vitol Bunkers has launched a barge-based physical supply operation in West Africa.
May 13

3Shipergy Hires Former WFS Executive in New York

The new hire was previously managing director and partner in the US for The Bunker Firm since March 2024, and had earlier worked for WFS for nine years.
May 12

4UK Sanctions Nearly 100 Tankers Linked to Russian Shadow Fleet

The UK targets nearly 100 Russian shadow fleet tankers to cut Russian funding and protect key infrastructure.
May 14

5BUNKER JOBS: Bunker Traders and Leaders Wanted

A range of senior and junior roles are on offer despite recent difficulties in the market, Vernon Jayanathan tells Ship & Bunker.

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