17 Jan ARA safe from European single hull debacle The tankers that could be affected by the EU ban to carry fuel oil as early as the first half of 2003, are all vessels that are classified as seagoing tankers. In Full
17 Jan Time to 'do or die' for European bunker and shipping community The EU Commission has in its eagerness to rush through new regulations after the Prestige disaster, unwittingly put forward a proposal that could - if accepted - prove a disaster for the bunker industry in all its member countries. In Full
15 Jan Post-Prestige proposal could sink European bunker industry A proposed ban on tankers down to 600 dwt from carrying fuel oil in EU ports as early as March this year threatens not only the bunker industry, but the entire shipping trade because the European refuelling infrastructure would collapse.
In Full
13 Jan VLCC weekly market report There was a surge of large tanker chartering activity as everyone got back from their holidays and realised that tonnage was looking a bit thin on the ground for February stem dates. In Full
09 Jan OPEC president wants $25 oil price Factors outside OPEC's control will be more decisive than an increase in Middle Eastern oil exports from February 1st which would not reach the US market until sometime in March. In Full
03 Jan Singapore and AG little changed, poised for gains next week Bunker prices in the Far East and Arab Gulf region were little changed today despite very firm crude overnight. However, as crude prices seem to continue on a rising curve today both markets are expected to open stronger Monday. In Full
02 Jan Another blow to tanker industry's image The public at large is aghast that yet another ship has ploughed into the sunken car carrier Tricolor in the middle of the English Channel. In Full