HSFO Sales Archives - Maritime Shipping News

HSFO Sales Recover After Pre-IMO 2020 Correction

3 May 2021

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

24 March 2021

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

1 December 2020

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/