World News

January, 2020
Date	Headline	Image
Fri24Jan	Coronavirus Causes More Losses For Crude, While Libyan Shutdowns Described As "A Bullet In The Head" Still, one analyst thinks traders have overreacted to the virus.
Fri24Jan	V-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.
Thu23Jan	Maersk 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.
Thu23Jan	BNP Paribas, Credit Suisse Join Shipping Lending Agreement the Poseidon Principles BNP Paribas is the largest lender to the global shipping industry.
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.
Wed22Jan	Crude Down Nearly 3% As Potential Economic Impact of China Coronavirus Spooks Traders Travel activity could be particularly affected, says Goldman.
Wed22Jan	Shipping Company Wallenius SOL Orders Two New LNG-Fuelled Ships The ships are due for delivery in 2021.
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.
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.
Wed22Jan	FEATURE: The Growing Problem of IMO 2020 VLSFO Bunkers With Marginally Off-Spec Sulfur Are shipowners overreacting, or suppliers shirking obligation?

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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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