Shipping’s CO2 footprint “to grow”
An ageing fleet of ships and historically low levels of newbuild activity threaten IMO’s goal of cutting
CO2 emissions, according to new research
World Bunkering is the
official magazine of IBIA
The International Bunker Industry Association (IBIA)
was formed in 1992 to provide an international forum
to address the concerns of all sectors of the bunker industry. Today, it provides a central point of information and training for the entire industry, including suppliers, buyers, traders and related services.
World Bunkering features news, views and comments
on all aspects of the bunker industry, from technical developments to commercial management, as well
as exclusive previews and reports from IBIA events.
Industry News
Fall-out from Hin Leong collapse continues
As legal moves continue in the wake of the Hin Leong oil trading and bunkering empire collapse
The formal winding up of subsidiary Ocean Tankers Tuas Terminal has been gazetted in Singapore.
Bunker barge crew kidnapped off Nigeria
Pirates kidnapped the master and two other crew members of the small Togo-flag bunker barge Stelios K while she was off Nigeria in November.
Two other crew members were left on board and sailed the ship to in Lagos.
Lower volumes hit World Fuel Services
Cruise industry shutdown contributes to drop in sales as effects of Covid-19 bite
Major global fuel company World Fuel Services (WFS) reported a total gross profit of US$214.0 million in Q3, 2020, down 30% year-over-year.
Lacking refinement
The slump in fuel demand hasn’t been kind to Australia’s refiners, and there’s now a real danger of no local fuel production at all in the future, John Rickards writes
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