August, 2022
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"At IBIA, the overarching goals for the next 12 months mostly revolve around increased focus on ethics and transparency," chairman Tim Cosulich tells Ship & Bunker.
IBIA Chairman: 'What We See is a Market That is in Flux'
"What is unique about FOWE's technology is that we can produce strong emulsions without the use of additives," said Dean Mihalic, Chief Executive Officer at FOWE, tell's Ship & Bunker.
INTERVIEW: Scorpio Tankers to Continue Testing Emulsion Fuel Bunkers Following Successful Trial With FOWE
Glencore continued to supply contaminated HSFO for a week after discovering it contained abnormally high levels of chlorinated hydrocarbons, according to the MPA.
MPA Suspends Glencore Bunkering Licence for Two Months After HSFO Contamination
Shell's Dr Alexandra Ebbinghaus discusses the future marine fuels mix in an interview with Ship & Bunker.
INTERVIEW: Shell Sees Range of Hydrogen-Based Fuels Emerging But Fossil Bunker Demand Persisting to 2040s
July, 2022
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The firm's net marine profit was up almost tenfold from a year earlier, while volumes jumped by 6.3%.
S&B ANALYSIS: WFS Q2 Bunker Margins Surge to Eight-Year High, 56% Over IMO 2020 Levels
Oilmar recently bought 900 tCO2 of credits through the new marketplace, CEO Janek Ekeli tells Ship & Bunker.
Oilmar Makes First Carbon Credit Deal on New Offsetting Marketplace
Restructuring company FTI Consulting, now running GP during its restructuring process, sold the terminal to Mount Row for $124 million at the end of May.
GP Global Sells Fujairah Bunkering Terminal for $124 Million
Ship & Bunker's G20 Index of average VLSFO prices at 20 leading ports hit a record-high premium of $314.22/mt to Brent on July 5, or 141% of the Brent price.
VLSFO Premium to Brent Near Record Highs as Oil Slumps
Singapore's bunker sales slumped last month as dwindling supplies left prices rising more quickly than competing hubs.
S&B ANALYSIS: Singapore Sees Lowest Half-Year Bunker Sales Total Since 2015
The Russia crisis has left HSFO prices significantly underperforming VLSFO, meaning record numbers of scrubber-equipped ships are enjoying record fuel discounts.
S&B ANALYSIS: Quarter of Global Tonnage Now Using HSFO at Record Discount to VLSFO