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Eastern Pacific Shipping Reports 4.6% Drop in Carbon Emissions in 2019
Eastern Pacific Shipping Reports 4.6% Drop in Carbon Emissions in 2019
The company's carbon emissions per tonne mile have fallen by 14.2% since 2015.
4 Feb 2020
Hapag-Lloyd Announces Biofuel Trial to Cut Carbon Emissions
Hapag-Lloyd Announces Biofuel Trial to Cut Carbon Emissions
The B20 blend consists of 80% low sulfur fuel oil and 20% biofuel.
4 Feb 2020
VLSFOs - The Black Carbon Emissions Debate?
VLSFOs - The Black Carbon Emissions Debate?
It is difficult to understand why it is believed by some, that all VLSFOs may be producing more black carbon due to their aromatic content.
4 Feb 2020
FOBAS Alert: Elevated Sediment Fuels from Rotterdam
FOBAS Alert: Elevated Sediment Fuels from Rotterdam
The TSP results of these fuel samples range from 0.17 – 0.26% mass.
3 Feb 2020
Crude Plummets as Coronavirus Causes Huge Refinery Cuts
Crude Plummets as Coronavirus Causes Huge Refinery Cuts
Crude will remain "reactionary" to media headlines, says CIBC analyst.
3 Feb 2020
Coronavirus and Extended New Year Hit Singapore VLSFO Premium to Rotterdam
Coronavirus and Extended New Year Hit Singapore VLSFO Premium to Rotterdam
Singapore's VLSFO premium over Rotterdam dropped to a six-week low on Friday.
3 Feb 2020
India Exempts VLSFO From Import Tax: Reuters
India Exempts VLSFO From Import Tax: Reuters
The country's federal budget for 2020/21 includes the exemption, Reuters reported Saturday.
3 Feb 2020
MOL CFO Warns of Potential Coronavirus Delays to Scrubber Retrofits: Reuters
MOL CFO Warns of Potential Coronavirus Delays to Scrubber Retrofits: Reuters
The delays may tighten freight markets, Reuters cited MOL's chief financial officer as saying Friday.
3 Feb 2020
Brightoil Releases Unaudited Results Showing $329 Million Loss in 2018-19
Brightoil Releases Unaudited Results Showing $329 Million Loss in 2018-19
The results, released on Friday, show a loss of HK$2.544 billion in the year to 30 June, 2019.
3 Feb 2020
Gasum to Supply LNG Bunkers to Equinor Crude Tankers
Gasum to Supply LNG Bunkers to Equinor Crude Tankers
Supply will commence when the new ships start operating later this year.
3 Feb 2020
Vopak Completes Sale of Algeciras Storage Terminal
Vopak Completes Sale of Algeciras Storage Terminal
The storage company has sold terminals in Algeciras, Amsterdam and Hamburg to Australia's First State Investments.
3 Feb 2020
IMO 2020 Sends January Bunker Bills 66% Higher
IMO 2020 Sends January Bunker Bills 66% Higher
Favourable outlook for owners of scrubber equipped tonnage continues with a January premium for VLSFO over HSFO of $280+/mt.
3 Feb 2020
Fourth Straight Weekly Loss For Crude As Analysts Forecast Devastating Impact Of The Coronavirus
Fourth Straight Weekly Loss For Crude As Analysts Forecast Devastating Impact Of The Coronavirus
Meanwhile, Jim Kramer says young investors no longer care about fossil fuels.
31 Jan 2020
FOBAS Alert: Elevated Sediment Fuels from Greek Ports
FOBAS Alert: Elevated Sediment Fuels from Greek Ports
Total Sediment Potential (TSP) exceeded the specified ISO 8217 limit of 0.10% mass.
31 Jan 2020
Industry Groups Respond to VLSFO Black Carbon Criticism
Industry Groups Respond to VLSFO Black Carbon Criticism
Ibia and other industry bodies say the issue should be discussed at the IMO.
31 Jan 2020
Rumoured Sale of OCM to Bunker Holding Downplayed
Rumoured Sale of OCM to Bunker Holding Downplayed
Firms say they have no comment to make on the matter.
31 Jan 2020
UPDATE: Maersk Finds VLSFO Not to Blame For Engine Failure Off Spain
UPDATE: Maersk Finds VLSFO Not to Blame For Engine Failure Off Spain
The Maersk Batur stopped with engine problems on its way from Algeciras to Newark on Wednesday.
31 Jan 2020
Kirby Corporation Buys Savage Inland Marine US Gulf Barge Fleet
Kirby Corporation Buys Savage Inland Marine US Gulf Barge Fleet
Savage operates a fleet of 90 inland tank barges.
31 Jan 2020
Saras Sells 120,000 MT of VLSFO in Four Months: Reuters
Saras Sells 120,000 MT of VLSFO in Four Months: Reuters
The company is targeting annual sales of 550,000 mt.
31 Jan 2020
Scrubber Manufacturers Clean Marine and FMSI Complete Merger
Scrubber Manufacturers Clean Marine and FMSI Complete Merger
The combined company will operate under the Clean Marine brand.
31 Jan 2020