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FEATURE: Low- to No-Carbon Marine Fuel Costs Still a Barrier
Feb 15, 2022 ... dual-fuel engines capable of burning LNG and oil have switched to burning oil. For LNG bunker buyers with oil-linked term LNG contracts, the price spike has not been a deterrent. The EU is ...
Oil Breaches $95 As Analysts Worry About High Prices Stalling Economic Growth
Feb 14, 2022 ... on the effect on oil and incredibly low inventories, the market is definitely worried here and buying." With prices reaching $100 in the near future a distinct possibility, such a climb by the ...
Container Industry Body Sets Out Pathways to Decarbonisation
Feb 10, 2022 ... for the IMO to consider: A global price on carbon combined with dependable and broad-based 'buy down' programmes that effectively level the playing field among newer low and zero GHG ships and ...
Sweden's Furetank Secures Bio-LNG Supply
Feb 10, 2022 ... fuel for its ships. Furetank has signed a letter of intent with Eskilstuna Biogas committing to buying at least 75% of the output of a new 5,000 mt/year bio-LNG plant for ten years, it said in an ...
Oil Slips On Macron Comments on Russia and Ukraine
Feb 8, 2022 ... are reaching out to term-contract suppliers including Saudi Arabia and Iraq for extra barrels or buying on the spot market. However, no rally lasts forever, and Robert Yawger, executive director ...
High Freight Rates Cushion Carriers' Inflated Fuel Bill
Feb 8, 2022 ... switching of tanks for ECA and SECA regions, but the savings just cannot be ignored," a bunker-buying shipping executive told container line news provider the Loadstar. In the same ...
NYK to Develop Zero-Emission Vessels With Uyeno Group
Jan 28, 2022 ... shipping company NYK has announced a new partnership with tanker operator Uyeno Group that may lead to projects developing zero-emission vessels. NYK has taken a 10% stake in subsidiary ...
DFDS Joins J Lauritzen to Launch New Bunker Buying Alliance DeaL Energy
Jan 17, 2022 ... companies DFDS and J Lauritzen have joined forces to set up a new bunker buying alliance. The new service, DeaL Energy, will cover the bunker needs of both firms as well as seeking ...
Hartree Unit Sets Up Carbon Offsetting Service for Tankers International
Jan 13, 2022 ... services worldwide. Hartree and its parent firm were also one of the leading contenders to buy Aegean Marine Petroleum in 2018 before its eventual acquisition by Mercuria ...
Stocks down, Supply Tight in Fujairah: Report
Jan 12, 2022 ... agency SP Global Platts citing market sources. "HSFO ex-wharf loading slots still seem tight. Buyers are struggling to get offers for January loading dates," a Fujairah-based bunker supplier was ...