bunker quality

Higher Oil Prices Leading To Bunker Quality Problems

Brokerage NSI has responded to KPI OceanConnect’s warning of higher oil prices leading to bunker quality problems this year, saying low margins are more likely to be the culprit, reports Ship & Bunker.

KPI OceanConnect CEO Comments

On Tuesday KPI OceanConnect CEO Soren Holl said some of the VLSFO quality problems anticipated before IMO 2020 might come to pass this year with oil prices recovering from their crash last March.

“There have been fewer quality issues than many analysts predicted, but...

https://mfame.guru/higher-oil-prices-leading-to-bunker-quality-problems/

IBIA: Follow-up Global Overview Panels 4-6

IBIA: Follow-up Global Overview Panels 4-6

The second 3 global sessions of the third day of the IBIA Annual Convention 2020 panels brought us a fantastic range of voices addressing the biggest issues facing the industry.

If you were busy or unable to attend one of these sessions, please find below links for you to watch.

The global bunker quality panel brought together some of the detail we have seen in the regional quality sessions, with a lively discussion of the overarching quality problems...

https://www.allaboutshipping.co.uk/2020/11/12/ibia-follow-up-global-overview-panels-4-6/

Poor Bunker Quality Damages Ship Engines Incurring Financial Losses

  • There are some serious ongoing challenges arising from the new cocktail of bunkers being made available on the market pos January 1, 2020.
  • Nikolas P. Tsakos, founder and Chief Executive Officer (CEO) of the Greek tanker owner and operator Tsakos Energy Navigation (TEN) endorses this problem very much.
  • The ships in question, like most other ships operated by TEN, have been employed on long-term contracts.
  • The charterers would bear the costs of the downtime and repairs affected ships have to...

https://mfame.guru/poor-bunker-quality-damages-ship-engines-incurring-financial-losses/