News
Quebec E-Methanol Facility Could Begin Operations in 2028
13+ hour, 1+ min ago (266+ words) The plant is expected to produce 70, 000 mt/year of e-methanol. Image Credit: Storm Fisher Canadian renewable energy company Storm Fisher said its planned Verrette e-methanol facility in Quebec, Canada, could begin operations in 2028. The facility is expected to produce more…...
Bunker Sales Volumes
2+ day, 1+ hour ago (687+ words) Demand at key marine fuel hubs jumped on a yearly basis in the fourth quarter of 2025, taking 2025's sales 2% higher than 2024 overall, according to the latest market survey of bunker sales volumes in 17 leading global locations. As in previous quarters,…...
Oil Flat As Jinping "Opposes" Militarization Of the Hormuz And Some Ships Transit The Strait
3+ day, 10+ hour ago (406+ words) Meanwhile, China faces its second-steepest gasoline demand slump on record: File Image/Pixabay. Oil trading was surprisingly flat on Thursday, with investors getting mixed signals from Iran: on one hand that country's media stated'that about 30 ships had crossed the Strait…...
Weekly Vessel Scrapping Report 2026: Week 19
4+ day, 4+ hour ago (215+ words) As a credit manager, the last thing you want to discover when chasing an invoice is the vessel you bunkered 4 weeks ago has just been sold for scrap. And today, the risk of that happening is greater than its ever…...
Oil Steadies As Trump Says Trade, Not War, Will Be The Main Topic Of Talks With China
4+ day, 10+ hour ago (419+ words) The generally positive development of U. S. president Donald Trump scheduled to discuss'trade issues with his Chinese counterpart Xi Jinping caused oil trading on Wednesday to dip minimally, following notable gains in the previous session. Brent closed below $106 per barrel, and West…...
Oil Climbs As U. S. /Iran Resolution Hopes Evaporate, Admiral Says Reopening Hormuz Will Cost $1 Billion Per Day
5+ day, 10+ hour ago (441+ words) Meanwhile, the EIA says the war has had a greater supply impact than initially thought: File Image/Pixabay. With hopes of a resolution to the U. S. /Iran war all but evaporated and U. S. president Donald Trump's remark that the ceasefire between the…...
Oil Rises With U. S. /Iran Ceasefire On "Life Support," As Analysts Hope China Can Break The Impasse
6+ day, 10+ hour ago (581+ words) Meanwhile, OPEC output declines sharply due to the Strait of Hormuz closure: File Image/Pixabay With U. S. president Donald Trump rejecting Iran's latest proposal to end the war with his country and declaring that their ceasefire was on "life support," nervous…...
Spliethoff Group Hires Fuel Procurement Manager in Amsterdam - Ship & Bunker
3+ week, 2+ day ago (13+ words) The new hire previously worked for Oldendorff Carriers from 2016 to last month....
Eleven Energy Collaborates With Sunoco Marine Division for Americas Bunker Supply
1+ week, 3+ day ago (299+ words) Christ Todd is the CEO of Eleven Energy. Image Credit: Christ Todd / Linked In Marine fuel trading firm Eleven Energy has announced a strategic collaboration with the Marine Division of Texas-based Sunoco LP aimed at expanding bunker fuel supply coverage…...
Iran Seizes Tanker the US Sanctioned for Carrying Iranian HSFO
1+ week, 2+ day ago (255+ words) The IRGC Navy seized the 72, 768 DWT tanker Ocean Koi in the Gulf of Oman on Friday. File Image / Pixabay Iranian forces have detained the Barbados-flagged tanker Ocean Koi (IMO 9255933) in the Sea of Oman, accusing it of attempting to disrupt…...