Some say as much as 50% of the current HSFO demand could be retained in 2020. Ship & Bunker investigates what's possible.
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Does that even happen? Unfortunately, the answer is "yes."
Checks should include calibration tables, BDN Records, fuel consumption records, and the oil record book.
Disputes arising over bunker quantity "after" delivery calls for shipboard personnel, and a surveyor present who is experienced in dealing with disputes.
But in the case of a shortage, an oil price spike over $100/B would not be surprising, Paul Kuklinski, Boston Energy Research, writes for Ship & Bunker.
There needs to be global recognition of the tank cleaning conundrum, writes Robin Meech.
Knowing how to manage risk is the key to long term success in the bunker market, and this has never been so true following the demise of OW and Hanjin.
Number of LNG-powered vessels grown from 118 in operation in 2017 to 143 today.
"The price of the fuel is the main enemy in our business," says Moby Lines CEO.
Iran has had ambitions of a buoyant bunker business for a number of years.