World News
Innospec Releases New Bunker Fuel Additive Packages
Fuel additives manufacturer Innospec has released its new suite of new bunker fuel additives for the marine and bunker fuel market.
The new Trident products are aimed at improving the flow properties and operability of ULSFO And VLSFO Fuels.
Among the properties the products offer are greater detergency, sediment reduction, and filter plugging prevention, Innospec says.
"The industry has learned a great deal since the new IMO 2020 regulations were introduced and has realized that basic compliance is not enough," said Sara Logue, Innospec's Director of Strategic Accounts.
"We are very excited to introduce the Trident product line to help fuel blenders and suppliers move beyond the challenges of compliance and focus on providing superior quality fuels at improved economics."
While the introduction of the new VLSFO fuels has been an unquestionable success, issues wth sediment levels and cold flow have been prominent where quality problems have been reported.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 560.50 | 7.00 | 669.00 | 4.00 |
| Rotterdam | 512.50 | 2.00 | 653.00 | 2.00 |
| Houston | 548.00 | 3.00 | 671.00 | 0.00 |
| Fujairah | 549.00 | 6.00 | 747.00 | 0.00 |
| Global 20 Ports Average | 577.50 | 3.50 | 749.50 | 1.50 |
| Global 4 Ports Average | 542.50 | 3.50 | 685.00 | 0.50 |
| Global Average Bunker Price | 628.50 | 1.50 | 800.50 | 1.00 |
Popular Now More
-
Dec 23Since its launch in late June, the company's first 100 deliveries have primarily focused on LSMGO supply by barge to container ships and tankers in New York Harbor, CEO John Barbarise tells Ship & Bunker. -
Dec 23The company carried out worldwide marine fuel trading from offices in Singapore. -
Dec 24The 9,500 DWT heavy lift vessel Ursa Major sustained an engine room explosion in the Strait of Gibraltar at about 12:30 PM local time on Monday.