An Uncertain Fuel Future
By Nick Brown Last week I took part in the SEAaT Fuelling the Future Conference in London, chairing the afternoon session on future fuels. It was an
By Nick Brown Last week I took part in the SEAaT Fuelling the Future Conference in London, chairing the afternoon session on future fuels. It was an
SINGAPORE, March 25 (Reuters) – Demand for low sulphur bunker fuel in Singapore is expected to rise at least 20 percent this year, following tighter
By Isaac Arnsdorf Accelerating world trade means the merchant fleet will burn the most fuel oil ever in 2013, driving ship owners’ biggest cost to a
Vitol Group plans to start sales of marine fuel, or bunkers, to a port in southern Malaysia as it seeks to supply ship owners that moved from Singapore, the
While Venezuelan officials maintain that a recent major fire at the country’s largest refinery last month hasn’t hurt its oil business, the
DNV released this video the other day showing the technical details of how exactly an LNG-powered ship such as Eidesvik’s Viking Energy is refueled.
14-21 June 2012 Composite close – $660.95 MT Oil prices continued their fall this past week as WTI reached new eight month lows and Brent reached lows
A lot of news this week, but not much total change in oil prices. Minute by minute volatility is the only constant we have in this market. While it
Why are some shipping magnates among the wealthiest individuals in the world while others spend most of their time in bankruptcy hearings? The answer seems
In this week’s As the Oil Pump’s: With holidays in a number of locations on Monday and Tuesday there was limited trading done on the world’s
The downward trend in oil prices continues unabated. Spain’s credit rating decline created an even greater concern over sovereign debt in the Euro
Stabilized-volatility would be the most accurate description of the oil markets this past week. Overall crude prices closed down only about $1 bbl this week;
Ok, that would be a very difficult, but a “provable” hypothesis, as the fact is bunker prices are down and we did have the much anticipated
SINGAPORE (Dow Jones)–Western sanctions against Iran are becoming a major headache for European and other shipping companies whose vessels refuel in
The KPI Bridge Oil Composite declined over 3% this week as bunker prices reduced dramatically after several days of declines in the crude markets. With US
It was a wild ride in the oil markets this week as crude prices fell off of a cliff today and WTI is now lower than $100 BBL. While
Bunker and crude prices stabilized this week as better than expected earnings and moderately improving government data had speculators holding their ground.
13-19 April 2012 Another roller-coaster ride this week in the oil markets as volatility remains the only constant. A positive meeting over this past weekend
23 March -29 March 2012 We had a very strange and difficult week in the oil markets this week, but ship owners and charterers will be glad to see
SEOUL (Dow Jones)–Hyundai Merchant Marine Co. (011220.SE), South Korea’s second-largest shipping firm by sales, expects the U.S. dollar to weaken
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