bunker fuels Archives - Maritime Shipping News

Singapore’s Bunker Fuel Sales Drops Out In May

15 June 2021

Sales of marine fuels at the port of Singapore totalled 4.07mn t in May, down by around 4pc or 185,000t from April.
But the May sales were 147,000t higher than a year earlier.

According to an article published in Argus Media, Sales of marine fuels at the port of Singapore totalled 4.07mn t in May, down by around 4pc or 185,000t from April, according to preliminary data from Singapore’s Maritime and Port Authority (MPA).

VLSFO Sales

Sales of very low-sulphur fuel oil (VLSFO) reached 2.78mn t in...

https://mfame.guru/singapores-bunker-fuel-sales-drops-out-in-may/

Singapore Bunker Fuel Volume Rose By 6.2% On Year In February

16 March 2021

Sales of marine fuels at Singapore port rose by 6.2% on year during February 2021, according to Maritime and Port Authority of Singapore (MPA) data, says an article published in Manifold Times.

Bunker fuel trade

In total, 4.12 million metric tonnes (mt) (exact: 4,120,101 mt) of various bunker fuels were sold at the world’s largest bunkering port in February, more than 3.87 million mt (exact: 3,879,871 mt) recorded during February 2020.

Deliveries of 500 centistokes (cSt), 380 cSt and 180 cSt...

https://mfame.guru/singapore-bunker-fuel-volume-rose-by-6-2-on-year-in-february/

Effect of Bunker Prices Spike on Scrubber-Fitted VLCCs

17 February 2021

Non-scrubber fitted tankers in the red on key routes
Widening HSFO discount to LSFO may revive scrubber market
Rising LSFO prices to push up demand for HSFO

The rising discounts which high sulfur fuel oil is enjoying over its low sulfur cousin has resulted in a clear two-tier market for VLCCs, where tankers with scrubbers are showing daily earnings, or else running into losses, market participants said Feb. 16, reports S&P Global Platts.

About Scrubbers

Scrubbers are exhaust gas systems, which...

https://mfame.guru/effect-of-bunker-prices-spike-on-scrubber-fitted-vlccs/

Scrubber-Fitted VLCCs Gets More Demand With Bunker Prices Spike

16 February 2021

Scrubber Uses

Scrubbers are exhaust gas systems, which remove excess sulfur from bunker fuels, and many ships had installed them in the run-up to the implementation of a low sulfur regime for maritime...

https://mfame.guru/scrubber-fitted-vlccs-gets-more-demand-with-bunker-prices-spike/

JAXPORT records bunkering first for liquefied natural gas

9 September 2020

The Jacksonville Port Authority (JAXPORT) hosted the first foreign-flagged vessel to bunker liquefied natural gas (LNG) at a U.S. port.

Fure Ven, a dual-fueled vessel owned and operated by Furetank of Donsö, Sweden, last week became the first non-U.S.-flagged vessel to bunker LNG in the United States. Eagle LNG Partners became the first company to deliver LNG bunker fuel to a foreign-flagged vessel.

“This milestone paves the way for more international trading vessels to bunker at JAXPORT,...

https://s29755.pcdn.co/news/jaxport-records-bunkering-first-for-liquefied-natural-gas

After IMO 2020, decarbonization in spotlight for shipping sector: Fuel for Thought

28 July 2020

Shipping companies in Asia and around the globe are steaming ahead with efforts to minimize their carbon footprint as the urgency to decarbonize intensifies after a fairly smooth transition to the International Maritime Organization’s low-sulfur mandate for marine fuels.

The IMO in April 2018 laid out its strategy to reduce the shipping industry’s total greenhouse gas emissions in 2050 by at least 50% from 2008 levels, and to reduce CO2 emissions per transport work by at least 40% by 2030.

Various...

https://blogs.platts.com/2020/07/28/shipping-greenhouse-gas-emissions-decarbonization/

Shippers Concerned of BDN Errors in the COVID19 Pandemic

17 July 2020

According to an Argus Media report, inaccurate bunker delivery notes (BDNs) will become problematic when Covid-19 restrictions ease and port state controls check fuel compliance more rigorously, said the bunker fuel trading firm Integr8 Fuels.

Fewer Compliance Control?

A BDN is the standard document required under the International Maritime Organisation (IMO) Marpol Annex VI, which regulates sulphur emissions. They include information about the fuel supplier, buyer and the fuel’s specifications.

A...

https://mfame.guru/shippers-concerned-of-bdn-errors-in-the-covid19-pandemic/

Insight Conversation: Cem Saral, Cockett Marine Oil

26 March 2020

Cem Saral, CEO of bunker reseller Cockett Marine Oil, talked with Claudia Carpenter about how shipping has adapted to the International Maritime Organization (IMO) 0.5% limit on sulfur in marine fuel effective January 2020, and what comes next.

Cockett Marine Oil, owned by Swiss trader Vitol and South African holding company Grindrod, resold an estimated 5.5 million tons of marine fuel in 2019, versus 6.5 million tons in 2018. Saral was named Cockett CEO in September 2016, after working for...

https://blogs.platts.com/2020/03/26/cockett-marine-oil-insight-conversation/

Insight Conversation: Cem Saral, CEO, Cockett Marine Oil

26 March 2020

Cem Saral, CEO of bunker reseller Cockett Marine Oil, talked with Claudia Carpenter about how shipping has adapted to the International Marine Organization (IMO) 0.5% limit on sulfur in marine fuel effective January 2020, and what comes next.

Cockett Marine Oil, owned by Swiss trader Vitol and South African freight company Grindrod, resold an estimated 5.5 million tons of marine fuel in 2019, versus 6.5 million tons in 2018. Saral was named Cockett CEO in September 2016, after working for Vitol...

https://blogs.platts.com/2020/03/26/cockett-marine-oil-insight-conversation/

IMO 2020: An opportunity for China’s bunker fuel sector?

29 July 2019

China’s ports handle nearly a third of global container traffic and it has the largest merchant fleet in the world in terms of the number of ships owned.

But given the size of its fleet and the number of ships that pass through its ports, China plays a surprisingly small role in bonded bunkering – the provision of fuel sold tax-free to ships travelling between countries across international waters.

It is not China but Singapore that dominates Asian bunkering. Just under 50 million metric tons of...

https://blogs.platts.com/2019/07/29/imo-2020-an-opportunity-for-chinas-bunker-fuel-sector/

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