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V-TIC Insight: The Rise of Additive Companies to Meet the VLSFO Challenge
Jan 24, 2020 ... customers are quickly learning that the new residual fuels act differently than the old Heavy Fuel Oils (HFOs). The new <0.5% sulfur fuels are typically VLSFOs (Very Low Sulfur Fuel Oils) ...
FEATURE: The Growing Problem of IMO 2020 VLSFO Bunkers With Marginally Off-Spec Sulfur
Jan 22, 2020 ... previous sulfur cap of 3.5% was not a problem as the average sulfur content of high sulfur fuel oil, by far the most common fuel in the pre-IMO 2020 era, was comfortably below the limit at around ...
Oil Up On Optimism Over Second Trade Deal, But Commodity Has An "Ultimate Cap", Says Citi
Jan 16, 2020 ... Free Trade Agreement, a day after China agreed under its new deal to buy $50 billion more of U.S. oil, liquefied natural gas and other energy products over two years. Although both deals have ...
FEATURE: Roaring 2020s Seem Uncertain Prospect for Bunker Industry After Turbulent 2019
Jan 16, 2020 ... to comply with it. The shift to cleaner fuels came earlier than expected, with high sulfur fuel oil prices starting to collapse in early October. Announcements from oil producers about new ...
JBC Chief Believes Regime Change in Iran Could Send Crude Plummeting to $40
Jan 14, 2020 ... would be incalculably beneficial to the region and to human rights, Benigni worried that "For the oil market, it would mean that the likelihood of oil prices dropping towards $40 is very ...
Rising Inventories, Not Iran, Cause First Weekly Crude Loss of 2020
Jan 10, 2020 ... summer driving season and rising inventories reminded folks this is still a somewhat oversupplied oil market." As for the Iranian situation, the fears of earlier this week seemed to be assuaged ...
Lubrizol Claims Marine Diesel Lubricants Not Suitable for VLSFO
Jan 9, 2020 ... oil lubricants designed for use with traditional marine diesels may not be suitable for engines burning new very low sulfur fuel oil (VLSFO) blends, according to additive ...
Oil Surges - But Fails to Spike - After Problematic Iran Strike Against U.S. in Iraq
Jan 7, 2020 ... has surged to above $70/barrel and near a high in September, 2019 after attacks on Saudi Arabian oil sites. "We have to see how much and what damage the latest attacks have caused, but oil ...
Bomin's Paul Millar Sees Potential 20% Drop in Bunker Traders Operating by End-2020
Jan 7, 2020 ... according to Paul Millar, head of global credit at Bomin Bunker Holding GmbH & Co. "The oil majors will take a bigger market share and, in the new low-sulphur fuel environment, buyers ...
Oil Prices Jump on Killing of Iran's Military Leader; Retaliation And Even Peace Predicted
Jan 3, 2020 ... that the escalating hostilities between the U.S. and Iran could lead to a global disruption in oil supplies resulted in Brent on Friday skyrocketing 3.6 percent, or $2.35, to $68.60 per barrel; ...
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MSC First Carrier to Reach 7 Million TEUs, Controls 21% of Global Capacity

MSC First Carrier to Reach 7 Million TEUs, Controls 21% of Global Capacity

MSC now operates a fleet of 955 container ships, widening its capacity lead over Maersk by 2.4 million TEUs.

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BUNKER PRICES: G20-VLSFO Index Declines With Crude

BUNKER PRICES: G20-VLSFO Index Declines With Crude

Global VLSFO prices declined on Tuesday.

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Maersk Adds New Methanol-Fuelled Boxship to Fleet

Maersk Adds New Methanol-Fuelled Boxship to Fleet

This marked the 18th methanol-capable ship joining the firm's fleet.

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