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S&B ANALYSIS: Maersk Gives Boost to Nascent Methanol Bunker Industry
Feb 17, 2021 ... cargoes. Maersk's Bunker Industry Clout Maersk's is one of the most significant voices on the buyers' side of the bunker industry. At 10.3 million mt/year, its bunker purchases make it the ...
Bunker Margins, Not Outright Prices, Are Key to Fuel Quality Problems: NSI
Feb 17, 2021 ... as a supplier, so why cut corners? "Likewise, if you are hedging you are able to lock your buying price further in advance and then sell on a rising market. "In my eyes, do not look for ...
Danish Supreme Court Confirms Monjasa's Victory in Sao Tome Bunker Cargo Dispute
Feb 16, 2021 ... High Court." A spokesman for Monjasa told Ship & Bunker the company had had the right to buy the cargo from Sao Tome's authorities. "Since 2013, we have maintained Monjasa’s legitimate ...
Maersk Hints at Retrofits, Not Newbuildings, as its Decarbonisation Future
Feb 11, 2021 ... to order its first carbon-neutral ship as soon as 2023. "Three years from now, we expect to buy the first order ... the first series of maybe small container ships that we can operate in a ...
Jurong Port Takes Over Hin Leong Stake in Singapore's Universal Terminal
Feb 10, 2021 ... year it was reported that Chinese state energy company Sinopec had showed interest in buying the ...
Oil Hits Highest Level In A Year On Economic Recovery Signs
Feb 5, 2021 ... f Fully laden, they would deliver in excess of 250 million barrels. Bloomberg stated a Chinese buying spree would be appropriate given that inventories in most parts of the globe are now ...
Euronav Turns Profit on VLSFO Stockpile
Feb 5, 2021 ... the stockpile worth considerably less than its purchase price. The company has since been both buying fuels in the market and working down its stocks. "Despite the challenges, the overall ...
Star Bulk Takes on Seven Ships From Scorpio Bulkers
Feb 4, 2021 ... Scorpio Bulkers's exit from dry bulk, taking on seven of its ships.  Star Bulk has agreed to buy the SBI Pegasus, the SBI Ursa, the SBI Subaru, the SBI Capoeira, the SBI Carioca, the SBI ...
Ukraine Bunker Volumes "Steady" in 2020
Feb 3, 2021 ... did not materilzise was a shift from fuel oil to gasoil. We had expected a significant number of buyers in the region to opt for MGO rather than VLSFO," Michael Malamen, Senior Bunker Trader at PMG ...
More Gains For Oil As Optimism Over 2021 Demand Recovery Gains Traction
Feb 2, 2021 ... on an S&G Global Platts pricing window; this is on the heels of Shell staging the heaviest buying by a single company since at least ...