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Consultant Sees HSFO Cheaply Available in Fewer Than 20 Ports Worldwide
Consultant Sees HSFO Cheaply Available in Fewer Than 20 Ports Worldwide
The combination of sanctions on Venezuela and Iran with refiners adjusting crude slates towards producing low-sulfur fuels has reduced HSFO supply.
19 Mar 2020
Dan-Bunkering Appoints New Managing Director in Monaco
Dan-Bunkering Appoints New Managing Director in Monaco
Dan-Bunkering currently has four members of staff in its Monaco office, and is looking to expand it.
19 Mar 2020
Integr8 Fuels Sees Average VLSFO Viscosity Dropping Rapidly
Integr8 Fuels Sees Average VLSFO Viscosity Dropping Rapidly
Average VLSFO viscosity dropped from about 160 CST in early November to about 100 CST by March 1.
19 Mar 2020
BIMCO Warns Current Tanker Boom May Not Last as Coronavirus Kills Oil Demand
BIMCO Warns Current Tanker Boom May Not Last as Coronavirus Kills Oil Demand
BIMCO expects annual fleet growth of 1.8% for crude tankers and 2% for refined products this year.
19 Mar 2020
S&B ANALYSIS: Tracking the Coronavirus Pandemic's Impact on Bunker Demand
S&B ANALYSIS: Tracking the Coronavirus Pandemic's Impact on Bunker Demand
Ship & Bunker estimates demand could currently be down by as much as 8% worldwide.
19 Mar 2020
Traders Flee Risky Assets, Cause 18 Year Price Lows For Crude
Traders Flee Risky Assets, Cause 18 Year Price Lows For Crude
Meanwhile, U.S. producers scramble to weather the storm.
18 Mar 2020
Delayed Scrubber Install May be Factor in MSC's HSFO Carriage Ban Violation
Delayed Scrubber Install May be Factor in MSC's HSFO Carriage Ban Violation
MSC Joanna is one of the many vessels that have had EGCS installation dates pushed back.
18 Mar 2020
Petrobras Says Bunker Operations Continue at Brazilian Ports Despite Coronavirus Containment Measures
Petrobras Says Bunker Operations Continue at Brazilian Ports Despite Coronavirus Containment Measures
Stevedores at Port of Santos say they will stop activities for 14 days amid COVID-19 pandemic.
18 Mar 2020
Glencore Charters Giant Euronav Tanker for Six Months as Floating Crude Storage
Glencore Charters Giant Euronav Tanker for Six Months as Floating Crude Storage
Glencore booked the ULCC Europe for six months at $37,000 per day.
18 Mar 2020
IMO Postpones More Meetings on Covid-19 Advance
IMO Postpones More Meetings on Covid-19 Advance
Meetings pushed back until the end of May.
18 Mar 2020
Shipping Groups to Hold Conference Calls to Discuss Pandemic Impact
Shipping Groups to Hold Conference Calls to Discuss Pandemic Impact
The ICS intends to arrange the first in a series of conference calls with other shipping bodies on Thursday.
18 Mar 2020
Unpredictable Bunker Market Leaves Traders at a Loss
Unpredictable Bunker Market Leaves Traders at a Loss
Asked for a single word to describe the market, players called it "uncertain" and "challenging".
18 Mar 2020
Fujairah Fuel Oil Stocks Gain 7% on Week
Fujairah Fuel Oil Stocks Gain 7% on Week
Heavy distillate and residue stocks climbed to 13.166 million barrels in the week to Monday.
18 Mar 2020
Virus Outbreak Sees Scrubber Yard Delays Extending Beyond 3 Months
Virus Outbreak Sees Scrubber Yard Delays Extending Beyond 3 Months
As of March 17, some 17 container ships had been waiting at yards to have the emissions-cleaning equipment fitted for more than three months.
18 Mar 2020
VPS: Marine Fuel Quality Update
VPS: Marine Fuel Quality Update
So far VPS have issued 15 Bunker Alerts in 2020, compared with only 3 Bunker Alerts over the same period of time in 2019.
18 Mar 2020
"Toxic" Market Causes More Crude Losses As Analysts Predict Oil In The Teens
"Toxic" Market Causes More Crude Losses As Analysts Predict Oil In The Teens
Meanwhile, U.S. shale producers slash budgets to combat market conditions.
17 Mar 2020
Posidonia Postponed
Posidonia Postponed
International shipping event will now take place in October.
17 Mar 2020
Ship Arrest in Singapore
Ship Arrest in Singapore
Vessel detained in southeast Asian port on Monday.
17 Mar 2020
Socar Marine Targets Turkish Domestic Marine Fuel Sales
Socar Marine Targets Turkish Domestic Marine Fuel Sales
Company to start operating in domestic fuels market.
17 Mar 2020
Scrubber Payback Time to Lengthen Further as HSFO Discount Reaches New Lows
Scrubber Payback Time to Lengthen Further as HSFO Discount Reaches New Lows
The HSFO-VLSFO spread at Rotterdam narrowed by $37.50/mt to just $62/mt on Monday, according to Ship & Bunker pricing.
17 Mar 2020
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