2020 Fuel

3 Natural Gas Stocks To Consider This Spring

Natural gas prices have continued their relentless slide after the latest inventory data showed the markets continue to be well supplied.

Early week gains

Natural gas (Henry Hub) prices have given up early-week gains, with prices currently sitting at $2.00 per MMBtu down from  $2.19 per MMBtu on Tuesday. EIA weekly data revealed that gas stocks for the week ended April 7, 2023 clocked in at 1,855 Bcf vs. 1,830 Bcf for the week ended March 31, 2023, good for +25 Bcf injection vs -23 Bcf for the...

https://mfame.guru/3-natural-gas-stocks-to-consider-this-spring/

Maersk To Establish Clean Fuels For Ships In Egypt

Egypt’s President Abdel Fattah al-Sisi has directed the government to cooperate with AP Moeller-Maersk to establish a network to produce and distribute green energy and clean fuels for ships, says an article published on Reuters.

Ship investments

Maersk Chief Executive Soren Skou discussed with Sisi during their meeting a project to produce clean fuel for ships with investments of $15 billion, the statement added.

Immediate details

There were no immediate details on the mechanism of the cooperation.

https://mfame.guru/maersk-to-establish-clean-fuels-for-ships-in-egypt/

Will Additional Output Cuts from the US Stabilize the Oil Market?

  • Prices to become normal if OPEC+ members announce early production cuts. 
  • A plus is escalation of military activity in the Middle East. 
  • The real plus would be if U.S. producers announce output cuts. 
  •  This news could trigger a steep short-covering rally.

James Hyerczyk writes for Fxempire about the current oil price and forecasts the pros and cons in the oil market. He also highlights the role of U.S in output cuts. 

Brent crude oil finished lower

U.S. West Texas Intermediate and...

http://mfame.guru/will-additional-output-cuts-from-the-us-stabilize-the-oil-market/

Top 4 Shipping Agencies Come Together To Address 2020 Fuel Quality Issues!

With the IMO 2020 regulation in place, major shipping agencies like BIMCO, ICS, Intertanko, Intercargo etc. are trying their hardest to address potential fuel oil issues. While addressing these issues is a hard task but getting reports from shippers is proving even harder. And with the coronavirus scare gripping the market, there’s less concentration on fuel issues.

Still majority of these shipping agenices have called for detailed reports from shippers in order to better understand fuel issues...

http://mfame.guru/top-4-shipping-agencies-come-together-to-address-2020-fuel-quality-issues/

Global Shipping Warming Upto 2020 Fuel, Shows Flexibility

According to media reports, The Nigerian Maritime Administration and Safety Agency (NIMASA) has revealed plans to enforce the low sulphur content regulation of the International Maritime Organisation, now known as IMO 2020 for ship bunker, which kicked in on Januray 1, 2020.

Ensuring Compliance

NIMASA said it would ensure vessels on Nigerian waters comply with the IMO rule on the reduction of emission.

This is as ship owners have begun to lament the significant rise in operating costs, due to the...

http://mfame.guru/global-shipping-warming-upto-2020-fuel-shows-flexibility/

DFDS Decade Long Scrubber Success Shows Scrubber 60% Effective Than Fuel

According to a Ship Insight report, Danish ferry operator DFDS has been congratulated by The Clean Shipping Alliance (CSA) 2020 for ten years of successful scrubber operation, with the exhaust gas cleaning system (EGCS) onboard the 37,939gt roro Ficaria Seaways achieving more than 50,000 running hours since 2009.

Scrubber Installation Fruitful?

Ficaria Seaways, one of the first ro-ro vessels to be fitted with an Alfa Laval PureSOx system, operates inside the North Sea SECA on the Gothenburg –...

http://mfame.guru/dfds-decade-long-scrubber-success-shows-scrubber-60-effective-than-fuel/

[FAQ] Guidelines To Protect Ship & Crew from 2020 Fuel Hazard

It seems inconceivable, certainly unbelievable, that having paid up to millions of dollars for
fuel for a vessel to operate, the owners of the vessel and/or the charterers then should have to check themselves that the fuel is actually of a standard that complies with regulations and what they paid for! says a press release published by the American Club which guides shippers from IMO 2020 Fuel Hazards.

The guidance available on the American Club website highlights how the whole concept seems...

http://mfame.guru/faq-guidelines-to-protect-ship-crew-from-2020-fuel-hazard/