News & Features

January, 2020
Date	Headline	Image
Mon20Jan	IMO 2050 Decarbonisation to Cost $1.1 Trillion Some 87% of the cost will be taken up by investments on land.
Mon20Jan	Port of Rotterdam Plans to Launch Bunker Supplier Licensing A new scheme covering several ports may come into operation at the start of next year.
Fri17Jan	Crude Down on Weak China Data, Optimism For Healthy 2020 Replaced by Doubt CMC Markets believes crude's upside will be limited this year.
Fri17Jan	Shipowners Debunkering HSFO in Hong Kong Ahead of Carriage Ban: Platts Suppliers have been purchasing debunkered HSFO from shipowners at a discount to resell it to others with scrubbers equipped to their vessels.
Fri17Jan	The Switch to IMO 2020 Bunker Fuels: So Far, So Good? Despite earlier fears, widespread problems with new 0.50% sulfur VLSFO fuels have so far failed to materialize.
Fri17Jan	Sing Fuels Opens Houston Office The company has hired Chris Brooks as senior bunker trader in Houston.
Fri17Jan	Cryostar and KC LNG Win Contract to Build Antwerp LNG Bunker Facility The facility will be commissioned in the first quarter of this year.
Fri17Jan	Iranian Parliament Summons Oil Minister to Report on VLSFO Supply Sanctions against Iran may be holding up refinery upgrades to increase low-sulfur fuel production, according to the Tehran Times.
Thu16Jan	Oil Up On Optimism Over Second Trade Deal, But Commodity Has An "Ultimate Cap", Says Citi Meanwhile, the IEA sees value in skyrocketing production.
Thu16Jan	Singapore Bunker Supplier Count Falls to 45 Costank (S) Pte Ltd no longer on MPA's official list of licensed suppliers.

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23Jan

1FEATURE: VLSFOs - The Concerning Fuel Management Issues So Far....

VPS gives background and presents three real-world case studies where ships have encountered problem VLSFO fuel.
22Jan

2FEATURE: The Growing Problem of IMO 2020 VLSFO Bunkers With Marginally Off-Spec Sulfur

Are shipowners overreacting, or suppliers shirking obligation?
24Jan

3V-TIC Insight: The Rise of Additive Companies to Meet the VLSFO Challenge

As the fuels are changing, so too are customer strategies to deal with these new scenarios.
22Jan

4VLSFOs: High Level of Bunker Alerts Relating to Sediment Issues

Between 24th December 2019 and 21st January 2020, VPS has issued seven Bunker Alerts relating to sediment issues within VLSFO fuels.
21Jan

5Dutch Shipowner Orders Quick Install, Pre-Fabricated Scrubber Model

Value Maritime claims its scrubbers come with an installation time of as little as seven days.
17Jan

6The Switch to IMO 2020 Bunker Fuels: So Far, So Good?

Despite earlier fears, widespread problems with new 0.50% sulfur VLSFO fuels have so far failed to materialize.
24Jan

7Coronavirus May Cause 'Short-Term Headwinds' for Tanker Market: Analyst

The consultancy cited the SARS epidemic in 2003 in analysing the potential impact on the tanker market if the virus spreads further.
23Jan

8Eagle Bulk Sees Increase in Advance Notice Needed for HSFO Stems

The company now warns suppliers seven to ten days in advance when it needs HSFO.
23Jan

9Maersk Hikes BAF on Rising VLSFO Prices

The rate increased will be communicated by the end of January and will come into effect on 1 March.
20Jan

10Libyan Crude Blockade May Raise Mediterranean VLSFO Prices

The sudden absence of 1 million b/d of sweet crude in the Mediterranean would have a sharp knock-on effect on VLSFO prices in the region.

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