LR2

Tanker Fuels That Are The Best For Profits And Safe For The Environment

Alternative ship fuels and fuel technologies are already available and new ones are emerging. These create pathways for newbuilds to comply with the International Maritime Organization’s long-term greenhouse gas (GHG) emissions reduction ambitions while staying competitive. Shipowners require evidence to choose between pathways, reports DNV.

The Zero-Emission Vessel project

To support such decision-making, DNV has been collaborating in a joint industry project (JIP) evaluating fuel technology...

https://mfame.guru/tanker-fuels-that-are-the-best-for-profits-and-safe-for-the-environment/

Aframax and Dirty Tankers Opt for Clean-up To Increase Earnings

  • Aframaxes and dirty tankers are cleaning up to store and move refined products.
  • 20 such tankers including those controlled by the pool have either cleaned up.
  • Other companies that are exploring the possibility of a switchover.
  • Charterers are struggling to get LR2s for loading distillate and naphtha cargoes.
  • Clean tanker freight rates are at an all-time high and dirty ships are keen to get it.
  • LR2s on Middle East-North Asia routes are earning around $180,000-$200,000.
  • These fixtures are much...

https://mfame.guru/aframax-and-dirty-tankers-opt-for-clean-up-to-increase-earnings/

IMO 2020: Mcquilling Services Mid-Year Tanker Market Outlook

  • The outlook includes a view on future asset values, time charter rates, market freight rates and TCE revenues for 24 major tanker trades.
  • It also focuses on four triangulated routes across eight vessel segments for the second half of 2019 through the remaining four years of the forecast period 2019-2023.
  • VLCC sector accounts for the majority of this demand at 65% of the total demand for dirty tanker tonnage using 2019 year-to-date data
  • Global oil demand is expected to grow 0.9% in 2019 to over...

http://mfame.guru/imo-2020-mcquilling-services-mid-year-tanker-market-outlook/

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