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IMO 2050 Decarbonisation to Cost $1.1 Trillion
IMO 2050 Decarbonisation to Cost $1.1 Trillion
Some 87% of the cost will be taken up by investments on land.
20 Jan 2020
Port of Rotterdam Plans to Launch Bunker Supplier Licensing
Port of Rotterdam Plans to Launch Bunker Supplier Licensing
A new scheme covering several ports may come into operation at the start of next year.
20 Jan 2020
Crude Down on Weak China Data, Optimism For Healthy 2020 Replaced by Doubt
Crude Down on Weak China Data, Optimism For Healthy 2020 Replaced by Doubt
CMC Markets believes crude's upside will be limited this year.
17 Jan 2020
Shipowners Debunkering HSFO in Hong Kong Ahead of Carriage Ban: Platts
Shipowners Debunkering HSFO in Hong Kong Ahead of Carriage Ban: Platts
Suppliers have been purchasing debunkered HSFO from shipowners at a discount to resell it to others with scrubbers equipped to their vessels.
17 Jan 2020
The Switch to IMO 2020 Bunker Fuels: So Far, So Good?
The 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.
17 Jan 2020
Sing Fuels Opens Houston Office
Sing Fuels Opens Houston Office
The company has hired Chris Brooks as senior bunker trader in Houston.
17 Jan 2020
Cryostar and KC LNG Win Contract to Build Antwerp LNG Bunker Facility
Cryostar and KC LNG Win Contract to Build Antwerp LNG Bunker Facility
The facility will be commissioned in the first quarter of this year.
17 Jan 2020
Iranian Parliament Summons Oil Minister to Report on VLSFO Supply
Iranian Parliament Summons Oil Minister to Report on VLSFO Supply
Sanctions against Iran may be holding up refinery upgrades to increase low-sulfur fuel production, according to the Tehran Times.
17 Jan 2020
Oil Up On Optimism Over Second Trade Deal, But Commodity Has An "Ultimate Cap", Says Citi
Oil Up On Optimism Over Second Trade Deal, But Commodity Has An "Ultimate Cap", Says Citi
Meanwhile, the IEA sees value in skyrocketing production.
16 Jan 2020
Singapore Bunker Supplier Count Falls to 45
Singapore Bunker Supplier Count Falls to 45
Costank (S) Pte Ltd no longer on MPA's official list of licensed suppliers.
16 Jan 2020
FEATURE: Roaring 2020s Seem Uncertain Prospect for Bunker Industry After Turbulent 2019
FEATURE: Roaring 2020s Seem Uncertain Prospect for Bunker Industry After Turbulent 2019
Credit issues related to IMO 2020 are set to be the biggest challenge this year.
16 Jan 2020
Weekly Vessel Scrapping Report: 2020 Week 2
Weekly Vessel Scrapping Report: 2020 Week 2
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 9 – January 15, 2020.
16 Jan 2020
Indian Oil to Produce More Than 1 Million mt of VLSFO in 2020: Reuters
Indian Oil to Produce More Than 1 Million mt of VLSFO in 2020: Reuters
The company may also start buying crude from Russia, its chairman told Reuters.
16 Jan 2020
European Parliament Calls for "Urgent Investment" into Shipping Decarbonisation
European Parliament Calls for "Urgent Investment" into Shipping Decarbonisation
The legislative body also welcomed shipping's inclusion in the EU's emissions trading scheme.
16 Jan 2020
Trafigura Calls for Slow Steaming Regulations to Cut Shipping's GHG Emissions
Trafigura Calls for Slow Steaming Regulations to Cut Shipping's GHG Emissions
The oil trader supports slow steaming regulations and carbon pricing for shipping to reduce emissions.
16 Jan 2020
Joint Development Project Launched for Ammonia-Fuelled Tanker
Joint Development Project Launched for Ammonia-Fuelled Tanker
MISC Berhad, Samsung Heavy Industries, Lloyd's Register and MAN Energy Solutions are collaborating on the project.
16 Jan 2020
Panama Sees 22% Gain in Bunker Sales in 2019
Panama Sees 22% Gain in Bunker Sales in 2019
Panama is likely to have seen the strongest demand growth of the major bunkering hubs in 2019.
16 Jan 2020
PIL Still Facing Singapore VLSFO Delays: Alphaliner
PIL Still Facing Singapore VLSFO Delays: Alphaliner
Some ships have been waiting at Singapore for as long as three weeks, according to the shipping intelligence service.
15 Jan 2020
MPA Says Two Thirds of Singapore Bunker Suppliers Have VLSFO Available
MPA Says Two Thirds of Singapore Bunker Suppliers Have VLSFO Available
29 out of the 45 bunker suppliers registered in Singapore have VSLFO available, according to the MPA.
15 Jan 2020
Suez Canal Authority Clarifies Position on Open-Loop Scrubbers
Suez Canal Authority Clarifies Position on Open-Loop Scrubbers
But ships will still be allowed to burn high sulfur fuel oil until Egypt ratifies Marpol Annex VI.
15 Jan 2020
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