Torm would install scrubbers on 13 new-build vessels, with the payback period estimated at two to three years.

Halfway through August, Iraq appears on track to slightly increase its crude exports from July

Crude futures settled higher Thursday, rising with equities on news that China's commerce ministry said it would resume trade talks with the US later this month

US diplomats are expected to increase pressure on top Iranian oil importers as the clock ticks toward the November return of sanctions

Fuel oil stocks in the Amsterdam-Rotterdam-Antwerp hub climbed marginally by 6,000 mt in the seven days to Wednesday to 1.058 million mt

The flat price for Rotterdam fuel oil has crashed to a three-month low, in tandem with the decline in ICE Brent crude futures

Bunker fuel prices at the key Italian port of Genoa have outperformed the nearby bunkering hubs of Gibraltar and Malta due to supply concerns

Energy and commodity group Mercuria is becoming the sole lender to global bunker supplier Aegean Marine Petroleum under its US and global revolving credit facilities