January, 2021
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Global boxship capacity saw growth of 2.9% last year, rising to 23.9 million TEU.
Container Fleet Growth Drops to Four-Year Low
AET has taken delivery of the Eagle Pilar, built for long-term charter to Shell subsidiary Brazil Shipping I Limited.
AET Sees 25-30% Fuel Savings From New Generation of Suezmax Tankers
Meanwhile, analysts reiterate their optimism for a 2021 demand rebound.
Oil Prices Leap Upward Due To Saudi Commitment To Maintain Balanced Market
Meanwhile, OPEC will resume discussions on Tuesday.
Oil Prices Dip On OPEC Impasse, But Analysts Hopeful For 2021 Demand Return
The company's focus is bitumen, base oils, bunkering and petroleum products trading.
Former GP Global Head of Bunkering Launches New Bunker Trading Firm
180 CST fuel oil demand had been declining steadily for the past few decades, and finally dropped to a standstill last year after most ships shifted to burning new VLSFO blends.
Platts Kills Off 180 CST Fuel Oil Price Assessments
6 LNG newbuilds ordered last month and 1 conversion to complete this month; too early to decide on any more gas-fuelled orders or conversions.
Hapag-Lloyd to Bunker LNG in Singapore and Rotterdam wth Shell
Bunkers in 2020 cost on average 7% less than in 2019, but the price spread last year was considerably wider.
Bunker Price Comparison: HSFO in 2019 vs VLSFO in 2020
MSC likely recipient of the BoComm-ordered mega ships.
Oil and Scrubbers Picked Again for 4 More 24,000 TEU Newbuilds
December, 2020
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To reduce emissions.
Alphatanker: Long Commercial Life of Chemical Tankers Makes Wind Power Particularly Attractive