Archive News

October, 2020
Date	Headline	Image
Mon26Oct	Consultancy Warns of 'Unprecedented' Capacity Injection in Transpacific Boxship Trade The eight-week rolling average capacity growth in the Transpacific trade has surged beyond 20%, the highest level since the company started recording this measure in 2012.
Mon26Oct	Italian Terminal Wins Small-Scale LNG Supply Permit Both LNG carriers and LNG bunker barges will be able to refuel their tanks at the terminal.
Mon26Oct	Taiwan: Bunker Operations Return at Taichung CPC marine fuels dept says service has resumed after seven-day gap.
Mon26Oct	Three Missing After Tanker Explosion in Sea of Azov The tanker was in good repair, according to Russia's emergencies ministry, and a commission will investigate the causes of the explosion.
Mon26Oct	Singapore: Ship Detained Chemical/oil products tanker held in port city.
Mon26Oct	Hafnia Hires Former Dan-Bunkering Trader The new hire in Singapore will also serve as assistant manager.
Mon26Oct	'Suspected Tanker Hijacking' Foiled in English Channel Seven people were detained on Sunday evening after stowaways on board the LR1 tanker Nave Andromeda became violent.
Sun25Oct	UK: Reports of Disturbance Onboard Crude oil Tanker Ship currently anchored off UK southern coast, situation linked to stowaways onboard.
Fri23Oct	Oil Down On Demand Worries - Despite More Evidence That Demand Is Recovering Meanwhile, Libyan output and U.S. rig counts are increasing.
Fri23Oct	IMO Working Group Pushes Through Ship Efficiency Compromise Environmental NGOs argued the measures agreed this week would only cut shipping's GHG emissions by 0.65-1.3% by 2030.
Fri23Oct	US Politicians Show Interest in Carbon Emissions Monitoring for Shipping The US taking on a similar model to the European MRV regulation would be a significant step towards global carbon emissions monitoring.
Fri23Oct	Boxship Speeds Advanced Further in September: VesselsValue Some container ship speeds are reaching levels seen before the COVID-19 crisis hit shipping.
Fri23Oct	GCC Bunkers Takes on New Digital Operations Management Platform The company has selected the ION Aspect CTRM platform provided by ION Commodities to manage its physical oil and fuel business.
Fri23Oct	Duel-Fuel Gas Carrier Upgrades Too Expensive for Dorian LPG The cost of duel-fuel LPG retrofits for VLGCs would be more than three times that of scrubber retrofits.
Fri23Oct	Singapore's MPA Signs Research and Development Deal With ABS The two bodies will work together on projects on decarbonisation, AI, predictive maintenance, cybersecurity and other areas.
Thu22Oct	Oil Rebounds On Hope Of Stimulus Package Longer term, Goldman Sachs sees average Brent prices rising to $59.40 next year from $43.90 this year.
Thu22Oct	Hydrogen Ship Project Wins €8 Million of EU Funding Wilhemsen will operate the ship, which is planned to be operational by 2024.
Thu22Oct	Weekly Vessel Scrapping Report: 2020 Week 42 Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 15 – October 21, 2020.
Thu22Oct	UBS Loses $60 Million in Commodity Trade Finance Fraud Case The counterparty behind the fraud has not been publicly named.
Thu22Oct	Fujairah Fuel Oil Stocks Gain Most in Six Months Heavy distillate and residue stocks at the port surged by 16% to 10.361 million barrels in the week to Monday.

Showing 41-60 of 184 articles from October, 2020

May 14

1NTSB All But Rules Out Bad Bunker Fuel as Cause of Dali Collision with Baltimore Bridge

Preliminary report did not draw any final conclusions on what caused the incident, but "test results did not identify any concerns related to the quality of the fuel."
May 13

2Monjasa Adds HSFO Capacity in UK in Response to Rising Demand

Rising HSFO demand has prompted Monjasa to dedicate more delivery capacity to it, NWE Trading Director Jeppe Hjort Ebbesen tells Ship & Bunker.
May 13

3Know Your Counterparty: Brazilian Bunker Supplier Raizen

Raizen is a not only the second largest fuel distributor in Brazil, but have several international operations.
May 16

4Container Lines Count the Cost of EU-ETS Compliance

The first real data are starting to emerge on the cost paid by the container industry for shipping's inclusion in the European Union's emissions trading system.
May 14

5Alternative Marine Fuels Regulation on MSC108 Agenda

London meeting runs from 15 to 24 May.

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