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IMO2020: Floating Storage Stopgap for Smaller Ports
Mar 27, 2019 ... may well come to the aid of smaller ports when it comes to supplying ships with IMO2020-compliant bunker fuel, an oil industry executive has said. With the coming change to the make up of bunker ...
$3.9 Billion Refinery Deal Boosts Hambantota Bunker Hub Aspirations
Mar 22, 2019 ... held hopes for Sri Lanka's port of Hambantota to become a bunkering hub were boosted this week after a deal was signed to build a 200,000 barrel-per-day refinery near the port. The facility ...
IMO2020: 0.50% VLSFO Will Be Available in Djibouti
Mar 8, 2019 ... compliant 0.50% VLSFO bunkers will be available in Djibouti, local physical supplier Red Sea Bunkering (RSB) has announced. The news came as part of a bullish outlook from the suppler for ...
IMO2020: The HSFO Conundrum
Mar 1, 2019 ... simply sell the swaps forward when buying the cargo and buy back the swaps when you sell the bunkers for the same period. This will allow you to follow the market and will avoid 'fire sales' ...
Cosulich, Benavides Elected to Join IBIA Board
Feb 26, 2019 ... International Bunker Industry Association (IBIA) has announced the results of its recent board elections. The two new board members elected for a 3-year term were Eugenia Benavides, Director ...
IMO2020: Another Owner Says Scrubber Bans Have No Economic Impact
Feb 12, 2019 ... consumption is very, very minor.” The comments echo those made last week by tanker owners DHT Holdings and Dorian LPG Ltd. In terms of payback, Pappas said that with a differential between ...
True Motives of Scrubber Debate Called into Question
Feb 8, 2019 ... market they can continue to buy and burn what is projected to be significantly cheaper HSFO bunkers. This, say the sceptics, will not hold true come 2020. "I think that the promoters of ...
DHT: Scrubber Bans Were No Surprise, Have No Impact
Feb 7, 2019 ... Holdings says it is unsurprised by recent regional bans on open-loop scrubbing, and they have no impact on the economics of using the technology as part of its IMO 2020 compliance ...
IMO2020 Research: Compliance 85%, Scrubbed Fuel Tenth of Total
Feb 7, 2019 ... Woodmac expects compliance with the International Maritime Organisation 0.5% global sulfur cap on bunker fuel to run at 85% in 2020 rising to full compliance by 2025. In addition, the firm says ...
Brightoil Issues Profit Warning, Says Debts Are Around USD $1.9 Billion
Feb 1, 2019 ... consequences of its current predicament, Brightoil says volumes for its International Trading and Bunkering Unit have been "drastically" reduced due in part to financing banks tightening the ...