By Jeslyn Lerh (Reuters) Marine fuel sales in Singapore surged to a one-year high in October, latest official data showed on Monday, as more competitive prices attracted ships to refuel…
bunker fuel
Vopak Singapore Explores Expanding Its Ammonia Infrastructure
Vopak Singapore explores expanding its ammonia infrastructure for low carbon power generation and bunker fuel, says an article published on their website.
Export capabilitiesIn response to the growing demand for sustainable energy, Vopak Singapore is exploring the expansion of its ammonia storage infrastructure with full import and export capabilities for low carbon power generation and bunker fuels at its Banyan terminal.
Hybrid storage terminalWith a storage capacity of close to 1.5 million...
https://mfame.guru/vopak-singapore-explores-expanding-its-ammonia-infrastructure/
Vopak Singapore wants to expand ammonia infrastructure for low-carbon power and bunker fuel
Vopak Singapore, a joint venture between Royal Vopak and the Port of Singapore Authority […]
The post Vopak Singapore wants to expand ammonia infrastructure for low-carbon power and bunker fuel appeared first on Offshore Energy.
The sinking price of ship fuel: Near prewar levels after summer plunge
It was yet another warning sign on inflation: The price of fuel for commercial ships spiked after Russia invaded Ukraine and hit all-time highs in May and June. But that trend has now reversed. The price of ship fuel plunged in July and August and is now back to roughly prewar levels.
According to Ship & Banker, the average price for fuel known as very low sulfur fuel oil (VLSFO, sulfur content: 0.5%) at the world’s top 20 refueling hubs was $800 per ton as of Friday. That’s down 29% from the...
OOIL clearly has great results but forecast cloudy
Orient Overseas (International) Limited (OOIL) said it scored the highest first-half revenue in its history but is unsure if it can maintain the record-breaking ways.
The Hong Kong-headquartered ocean carrier announced a profit attributable to equity holders of $5.66 billion for the six-month period that ended June 30, compared to a profit of $2.8 billion for the same period in 2021.
“The outstanding performance of the group was driven by the continuing extraordinary conditions prevailing in...
https://www.freightwaves.com/news/ooil-clearly-has-great-results-but-forecast-cloudy
GoodFuels Kicks Off Biofuel Bunkering in Singapore
Leading biofuels supplier GoodFuels has delivered fuel to a NYK bulk carrier in the Port of Singapore, the world’s largest bunkering hub. The NYK ship, M/V Frontier Explorer, was refuelled…
https://gcaptain.com/goodfuels-kicks-off-biofuel-bunkering-in-singapore/
Singapore Bunker Fuel Sales Hit Seven-Month High in July
By Jeslyn Lerh SINGAPORE, Aug 15 (Reuters) – Marine fuel sales in Singapore, the largest bunkering hub in the world, rose by 10% month-on-month to a seven-month high of 4.12…
https://gcaptain.com/singapore-bunker-fuel-sales-hit-seven-month-high-in-july/
Singapore Arrests Ten Over Illegal Bunker Fuel Sales
Police in Singapore have arrested ten people suspected of illegal bunker fuel sales. Officers from the Police Coast Guard made the arrests on August 4 during a joint operation with…
https://gcaptain.com/singapore-arrests-ten-over-illegal-bunker-fuel-sales/
Singapore Suspends Glencore Unit’s Bunker License Over Contaminated Fuel Supply
A Singaporean unit of commodities trading giant Glencore has had its bunker supplier licence suspended for two months after an investigation revealed that it intentionally supplied contaminated fuel to ships…
https://gcaptain.com/singapore-suspends-glencores-bunker-license-over-contaminated-fuel-supply/
Ships Bypass Fujairah For Cheap Iraq Bunker Fuel
Some Middle Eastern exporters are bypassing Fujairah, the region’s main bunkering hub, to avoid excessive port delays. Cargo ships departing Kuwait, Basrah, and Khor al Zubair are finding shorter lead…
https://gcaptain.com/ships-bypass-fujairah-for-cheap-iraqi-bunkers/