HSFO Sales

HSFO Sales Recover After Pre-IMO 2020 Correction

International shipping association BIMCO on Thursday (29 April) published its observations regarding the rise in high sulphur bunker fuel sales post IMO-2020 and how it will affect the scrubber market; it was written by Peter Sand, Chief Shipping Analyst at BIMCO, reports MarineLink.

HSFO Sales

In the first quarter of 2021 high-sulpfr fuel oil (HSFO) has been the only bunker fuel to experience year-on-year growth in Singapore, the world’s largest bunkering hub. HSFO sales are up 47.2% from Q1...

https://mfame.guru/hsfo-sales-recover-after-imo-2020-correction/

Vitol Sees Strong 2021 Rally in Fujairah Bunker Volumes

Bunker volumes at the Middle Eastern hub of Fujairah are rallying by as much as 60% in 2021, according to global energy trading firm Vitol.

What Data Suggests

Vitol saw volumes at Fujairah drop to about 500,000 mt/month last year, Mike Muller, president of Vitol Asia, said at Conference.

Connection’s Fujairah Bunkering & Fuel Oil Forum 2021 on Tuesday. But the market has rallied strongly this year, and VLSFO sales alone take up 500,000 mt/month at the port now, Muller said. HSFO sales take up...

https://mfame.guru/vitol-sees-strong-2021-rally-in-fujairah-bunker-volumes/

Singapore HSFO Sales Crosses 1 Million Mt As Shipowners Favour the Bunkering Hub

  • Ships with scrubbers calling at Singapore port for bunkers
  • Favorable HSFO pricing in Singapore attracts shipowners
  • Crew changes, other factors also boost SG’s bunker prospects
  • MPA’s Prompt action in Him Leong’s collapse boosted confidence of the industry. 

According to a Platts report, Singapore will likely continue to see strong HSFO sales in the coming months, as an increasing number of ships installed with scrubbers make bunker calls at the city-port, where ready HSFO availability that is...

https://mfame.guru/singapore-hsfo-sales-crosses-1-million-mt-as-shipowners-favour-the-bunkering-hub/