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Bunker fuels see uptrend despite IBIA’s forecast

The persistent worry that world economies are not recovering from the coronavirus lockdowns robustly enough to absorb a new increase in oil production is...

Covid and trade war fears drop oil and fuel prices

Oil prices have been dropped down for a week, while the slowing economic activity around the world, restricted mobility, and fears of the second...

BIMCO’s survey shows IMO2020 compliance difficulties

The answers and comments provided by respondents at the BIMCO's Fuel Oil Quality and Safety Survey suggest that the transition to IMO2020 compliant fuel...

Container ships have the most scrubbers fitted says BIMCO

The share of the container ship fleet with scrubbers installed exceeded that of the crude oil tanker fleet by the start of July –...

Bunker indexes see slight upturn

Global Bunker Market remains in the same holding mode that has prevailed in the last 25 days approximately. The MABUX World Bunker Index showed a...

Oil demand faces uncertain short-term future

Oil price increases have stalled at about US$40/bbl, around 30% lower than a year, but considerably higher than the April lows as the Covid...

Concerns over fuel quality after long VLSFO storage

Floating storage of very low sulphur fuel oil (VLSFO) can cause some of these blended fuels to sludge, blocking pipes and filters on board...

Narrow HFO/VLSFO spread stalls scrubber installations

Global fuel demand is showing some signs of improving although the market outlook is still quite bearish as a result of the coronavirus outbreak. The...

Bunker FFA give hopes to scrubber investors

The current differential in the cost of a tonne of Low Sulphur Fuel Oil (LSFO) and High Sulphur Fuel Oil (HSFO) averages about US$60/tonne,...

Fuel demand slow recovery wakes bunker market

Fuel demand around the world is recovering as lockdowns ease, according to MABUX with the World Bunker Index showing an uptrend in June for...
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As the United States navigates an increasingly volatile global landscape, its shipbuilding crisis has emerged not just as an industrial shortfall but as a...
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