ULCC

Chinese Bound Crude Volume Fall Hints Faltering Demand

  • Tankers bound for the Asian country reduced highlighting buying weakness.
  • The Chinese bound crude volume plunged to its lowest level since early May.
  • The rise in global COVID-19 infections, and the world bracing for a second wave of the virus caused faltering demand.
  • The number of very large and ultra-large crude carriers bound for China is slumping.
  • China’s demand for oil seems to be slowing, with a slip in physical prices. 

The reduced number of tankers bound for the Asian country highlights...

https://mfame.guru/chinese-bound-crude-volume-fall-hints-faltering-demand/

How Many Gallons Of Fuel Can A Container Ship Hold?

According to an article published in Freightwaves, the amount of fuel carried on a container ship varies based on the engine capacity and size of the ship.

Parameters based on a shipping route

These parameters themselves are a function of the particular trading route the ship operates in and the optimal speed of the ship’s engine.

One of the largest container ships to call on the U.S., the CMA CGM Benjamin Franklin, carries approximately 4.5 million gallons of fuel oil. Ship fuel capacity is...

http://mfame.guru/how-many-gallons-of-fuel-can-a-container-ship-hold/

Predictions on New Fuel Prices After 2020

Various consultancy and statistical analyses organizations and some major shipping companies are making their predictions/projections on the pricing of the new 2020 fuels. Viswa Lab in its latest technical update briefs about the same.

Predictions may impact scrubber decisions

Argus media says that the differential between High Sulfur Fuel and Low & Ultra Low Sulfur Fuel, currently around $260‐$270/ MT is likely to go up to $470/MT. 

EuroNav which owns 72 vessels including several ULCCs, states...

http://mfame.guru/predictions-on-new-fuel-prices-after-2020/

Euronav Buys More IMO-Compliant Bunker Fuel for Storage

Euronav, one of the largest tanker companies in the world, will deploy one of its two ultra large crude carriers (ULCC) to store cleaner marine fuel ahead of a major regulatory change in 2020, reports Ship and Bunker.

Purchase from different suppliers

Citing data from a vessel-tracking firm, price reporting agency Argus Media said that Euronav has purchased at least seven 30,000 metric tonne (mt) cargoes from different suppliers since March.

The purchased IMO compliant fuel is stored onto the...

http://mfame.guru/euronav-buys-more-imo-compliant-bunker-fuel-for-storage/

Yara Installs First Inline Hybrid Scrubber for 80MW ULCC Engine

  • Yara installed the world’s highest capacity inline hybrid scrubber aboard an ULCC fitted with an 80MW capacity two-stroke engine.
  • The inline hybrid scrubber system also covers the exhaust from the ULCC’s 5 x 5MW auxiliary engines.
  • The main engine scrubber designed without a bypass arrangement, is only possible for inline scrubber installations.
  • The second scrubber dedicated to treating the gensets’ exhaust does a bypass arrangement, as at least one genset will always be on-line.
  • The project is...

http://mfame.guru/yara-installs-first-inline-hybrid-scrubber-for-80mw-ulcc-engine/