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Eagle Bulk Sees Increase in Advance Notice Needed for HSFO Stems
Eagle 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.
23 Jan 2020
BNP Paribas, Credit Suisse Join Shipping Lending Agreement the Poseidon Principles
BNP Paribas, Credit Suisse Join Shipping Lending Agreement the Poseidon Principles
BNP Paribas is the largest lender to the global shipping industry.
23 Jan 2020
FEATURE: VLSFOs - The Concerning Fuel Management Issues So Far....
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.
23 Jan 2020 · By Stanley George, Group Technical & Science Manager, VPS
Crude Down Nearly 3% As Potential Economic Impact of China Coronavirus Spooks Traders
Crude Down Nearly 3% As Potential Economic Impact of China Coronavirus Spooks Traders
Travel activity could be particularly affected, says Goldman.
22 Jan 2020
Monaco-Based Ship Manager to Use BunkerTrace Blockchain-Based Tracking Service
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.
22 Jan 2020
Shipping Company Wallenius SOL Orders Two New LNG-Fuelled Ships
Shipping Company Wallenius SOL Orders Two New LNG-Fuelled Ships
The ships are due for delivery in 2021.
22 Jan 2020
Chinese Exporters Seek Combined 24 Million Tonnes of Fuel Oil Export Quotas: Platts
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.
22 Jan 2020
Fujairah Fuel Oil Stocks Jump to One-Month High
Fujairah Fuel Oil Stocks Jump to One-Month High
Middle distillate inventories sank by 26% over the same period.
22 Jan 2020
Kitack Lim Hails 'Relatively Smooth' IMO 2020 Transition
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.
22 Jan 2020
VLSFOs: High Level of Bunker Alerts Relating to Sediment Issues
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.
22 Jan 2020
FEATURE: The Growing Problem of IMO 2020 VLSFO Bunkers With Marginally Off-Spec Sulfur
FEATURE: The Growing Problem of IMO 2020 VLSFO Bunkers With Marginally Off-Spec Sulfur
Are shipowners overreacting, or suppliers shirking obligation?
22 Jan 2020
Positive Analytical Sentiment For Ample Global Crude Supply Supports Prices
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.
21 Jan 2020
Dutch Shipowner Orders Quick Install, Pre-Fabricated Scrubber Model
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.
21 Jan 2020
Probunkers Set to Order Two LNG Bunker Barges
Probunkers Set to Order Two LNG Bunker Barges
The ships will have 7,600 m3 of storage capacity.
21 Jan 2020
Port of Karachi Joins Open-Loop Scrubber Ban Club
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.
21 Jan 2020
Elengy to Develop LNG Bunkering Facilities at Fos Tonkin Terminal
Elengy to Develop LNG Bunkering Facilities at Fos Tonkin Terminal
The company has committed to operating the terminal until at least 2028.
21 Jan 2020
MSC Cruises Orders Two New LNG-Fuelled Ships
MSC Cruises Orders Two New LNG-Fuelled Ships
The two ships are for delivery in 2025 and 2027.
21 Jan 2020
Oil Up on Libyan Force Majeure, Analysts Disagree on Its Potential Market Impact
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.
20 Jan 2020
Libyan Crude Blockade May Raise Mediterranean VLSFO Prices
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.
20 Jan 2020
Expect Zero Tolerance for IMO 2020 Non-Compliance: Paris and Tokyo MOUs
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.
20 Jan 2020
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