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January, 2020
Date Headline Image
Thu23Jan
FEATURE: 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.
 FEATURE: VLSFOs - The Concerning Fuel Management Issues So Far....
Wed22Jan
Crude Down Nearly 3% As Potential Economic Impact of China Coronavirus Spooks Traders
Travel activity could be particularly affected, says Goldman.
 Crude Down Nearly 3% As Potential Economic Impact of China Coronavirus Spooks Traders
Wed22Jan
Monaco-Based Ship Manager to Use BunkerTrace Blockchain-Based Tracking Service
Marfin Management aims to use the service to manage its compliance with IMO 2020.
 Monaco-Based Ship Manager to Use BunkerTrace Blockchain-Based Tracking Service
Wed22Jan
Shipping Company Wallenius SOL Orders Two New LNG-Fuelled Ships
The ships are due for delivery in 2021.
 Shipping Company Wallenius SOL Orders Two New LNG-Fuelled Ships
Wed22Jan
Chinese Exporters Seek Combined 24 Million Tonnes of Fuel Oil Export Quotas: Platts
China is set to apply a value added tax rebate on fuel oil from 1 February.
 Chinese Exporters Seek Combined 24 Million Tonnes of Fuel Oil Export Quotas: Platts
Wed22Jan
Fujairah Fuel Oil Stocks Jump to One-Month High
Middle distillate inventories sank by 26% over the same period.
 Fujairah Fuel Oil Stocks Jump to One-Month High
Wed22Jan
Kitack Lim Hails 'Relatively Smooth' IMO 2020 Transition
Only 10 cases of non-availability of compliant fuels have been reported to the IMO so far.
 Kitack Lim Hails 'Relatively Smooth' IMO 2020 Transition
Wed22Jan
VLSFOs: 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.
 VLSFOs: High Level of Bunker Alerts Relating to Sediment Issues
Wed22Jan
FEATURE: The Growing Problem of IMO 2020 VLSFO Bunkers With Marginally Off-Spec Sulfur
Are shipowners overreacting, or suppliers shirking obligation?
 FEATURE: The Growing Problem of IMO 2020 VLSFO Bunkers With Marginally Off-Spec Sulfur
Tue21Jan
Positive Analytical Sentiment For Ample Global Crude Supply Supports Prices
Even U.S. shale is credited for keeping the market balanced during the Libyan outage.
 Positive Analytical Sentiment For Ample Global Crude Supply Supports Prices
Tue21Jan
Dutch Shipowner Orders Quick Install, Pre-Fabricated Scrubber Model
Value Maritime claims its scrubbers come with an installation time of as little as seven days.
 Dutch Shipowner Orders Quick Install, Pre-Fabricated Scrubber Model
Tue21Jan
Probunkers Set to Order Two LNG Bunker Barges
The ships will have 7,600 m3 of storage capacity.
 Probunkers Set to Order Two LNG Bunker Barges
Tue21Jan
Port of Karachi Joins Open-Loop Scrubber Ban Club
Pakistan's government has advised shipowners with scrubbers either to switch to compliant fuels or to operate them in closed-loop mode when visiting the port.
 Port of Karachi Joins Open-Loop Scrubber Ban Club
Tue21Jan
Elengy to Develop LNG Bunkering Facilities at Fos Tonkin Terminal
The company has committed to operating the terminal until at least 2028.
 Elengy to Develop LNG Bunkering Facilities at Fos Tonkin Terminal
Tue21Jan
MSC Cruises Orders Two New LNG-Fuelled Ships
The two ships are for delivery in 2025 and 2027.
 MSC Cruises Orders Two New LNG-Fuelled Ships
Mon20Jan
Oil Up on Libyan Force Majeure, Analysts Disagree on Its Potential Market Impact
However, the majority view is prices may be range-bound for 2020.
 Oil Up on Libyan Force Majeure, Analysts Disagree on Its Potential Market Impact
Mon20Jan
Libyan 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.
 Libyan Crude Blockade May Raise Mediterranean VLSFO Prices
Mon20Jan
Expect Zero Tolerance for IMO 2020 Non-Compliance: Paris and Tokyo MOUs
The authorities have been delivering letters to vessels since the start of last year to make them aware of the new rules.
 Expect Zero Tolerance for IMO 2020 Non-Compliance: Paris and Tokyo MOUs
Mon20Jan
IMO 2050 Decarbonisation to Cost $1.1 Trillion
Some 87% of the cost will be taken up by investments on land.
 IMO 2050 Decarbonisation to Cost $1.1 Trillion
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.
 Port of Rotterdam Plans to Launch Bunker Supplier Licensing