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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
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
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