VLSFO

In The Wake Of War Ship Fuel Prices Plunges

It was yet another warning sign of inflation: The price of fuel for commercial ships spiked after Russia invaded Ukraine and hit all-time highs in May and June. But that trend has now reversed. The price of ship fuel plunged in July and August and is now back to roughly prewar levels, says an article published in Freightwaves.

VLSFO

According to Ship & Bunker, the average price for fuel known as very low sulfur fuel oil (VLSFO, sulfur content: 0.5%) at the world’s top 20 refuelling hubs was $800...

https://mfame.guru/in-the-wake-of-war-ship-fuel-prices-plunges/

China’s Exports Of Very-Low-Sulfur Marine Fuel Rebounds

China’s exports of very-low-sulfur marine fuel rebounded 13.22 percent in July versus June as the country’s merchandise exports recovered, but still stood nearly 9.69 percent below the year-ago level, customs data showed on Saturday, reports Arab News.

On a faster pace

Exports of very-low-sulfur fuel oil, measured mostly by sales from China’s bonded storage for vessels plying international routes, were 1.60 million tons, data from the General Administration of Customs showed.

That compared to...

https://mfame.guru/chinas-exports-of-very-low-sulfur-marine-fuel-rebounds/

BIMCO: VLSFO premium of $200/tonne increases scrubber advantage

Niels Rasmussen, chief shipping analyst at BIMCO, says that the current $200 per tonne price spread between very low sulfur fuel oil (VLSFO) and high-sulfur fuel oil (HSFO) is increasing the advantage of ships fitted with exhaust gas scrubbers.

The price gap between VLSFO and HFSO has widened following Russia’s invasion of Ukraine, although the price of HSFO could rise should the volumes of Russian HSFO coming into the market start declining due to sanctions.

The entry into force of the IMO 2020 f...

https://www.marinelog.com/legal-safety/shipping/bimco-vlsfo-premium-of-200-tonne-increases-scrubber-advantage/

Αυξήθηκε έως και 35% από την αρχή του έτους η τιμή των ναυτιλιακών καυσίμων νέου τύπου

Η εκτίναξη του ενεργειακού κόστους λόγω του πολέμου στην Ουκρανία δεν μπορούσε να αφήσει ανεπηρέαστη τη ναυτιλία. «Φωτιά» έχουν πάρει οι τιμές των ναυτιλιακών καυσίμων με πολύ χαμηλή περιεκτικότητα σε θείο (VLSFO).

«Καθώς τα συμβόλαια μελλοντικής εκπλήρωσης αργού πετρελαίου σημειώνουν συνεχώς νέα υψηλά, οι τιμές των ναυτιλιακών καυσίμων ακολουθούν. Το VLSFO που είναι το πολύ χαμηλής περιεκτικότητας σε θείο καύσιμο στη Φουτζέιρα και τη Σιγκαπούρη ανέβηκε πάνω από τα 980 δολάρια ανά τόνο για πρώτη...

https://www.newmoney.gr/roh/palmos-oikonomias/nautilia/afxithike-eos-ke-35-apo-tin-archi-tou-etous-i-timi-ton-naftiliakon-kafsimon-neou-tipou/

Safe Bulkers partners with Cargill on biofuel trial

Monaco-headquartered Safe Bulkers Inc. (NYSE: SB) reports that a pilot biofuel trial carried out in partnership with Cargill has resulted in a significant reduction in CO2 emissions compared with operations on conventional very low sulfur fuel oil.

Safe Bulkers has been taking several environmental initiatives aimed at reducing its carbon footprint, including assessing the use of biofuels as alternative fuels. A number of pilot projects have been designed to test the operational performance and...

https://www.marinelog.com/legal-safety/environment/safe-bulkers-partners-with-cargill-on-biofuel-trial/

Ship fuel price highest since 2013, ‘scrubber spread’ widens

shipping

Just as the cost of gasoline has risen at the local pump, so too has the cost of marine fuel at the ports. The world’s container ships, tankers and dry bulk carriers are spending more to cross the oceans than they have since 2013.

According to Ship & Bunker, the price of 0.5% sulfur fuel known as VLSFO (very low sulfur fuel oil) at the world’s top 20 ports averaged $619.50 per ton on Friday, up 47% from the beginning of this year. The top-20 VLSFO average hit a recent high of $639 per ton on...

https://www.freightwaves.com/news/ship-fuel-price-highest-since-2013-scrubber-spread-widens

Αυξημένοι οι ρυθμοί στα διυλιστήρια της Κίνας

Σημαντική αύξηση κατέγραψαν οι εξαγωγές VLSFO (Very Low Sulphur Fuel Oil) της Κίνας τον Ιούλιο ‒ συγκεκριμένα, άνοδο κατά 51%, σε σύγκριση με τον Ιούλιο του 2020, βάσει τελωνειακών δεδομένων της General Administration of Customs της ασιατικής χώρας.

Ο όγκος εξαγωγών VLSFO ανήλθε σε 1,78 εκατ. τόνους, σηματοδοτώντας αύξηση κατά 7,2% σε σχέση με τον Ιούνιο του 2021 (1,66 εκατ. τόνοι), όμως μείωση 27,9% σε σχέση με τον Δεκέμβριο του 2020 (2,47 εκατ. τόνοι), οπότε και παρατηρήθηκε ρεκόρ στον όγκο...

https://www.naftikachronika.gr/2021/08/27/afximenoi-oi-rythmoi-sta-diylistiria-tis-kinas/

ClassNK Releases Onboard Poster Describing Common Issues & Recommended Measures When Using Compliant Fuel Oil

ClassNK

Leading Classification Society ClassNK has published an onboard poster for ships titled “Issues after starting to use VLSFO,” which outlines common main engine issues and recommended countermeasures when using Very Low Sulphur Fuel Oil (VLSFO) that complies with SOx regulations.

Image Credits: ClassNK

After the enforcement of regulations to limit the sulphur content in marine fuel oil to 0.50% or less in 2020, issues when using compliant fuel oil are being reported occasionally.

Examining the...

https://www.marineinsight.com/marine/classnk-releases-onboard-poster-describing-common-issues-recommended-measures-when-using-compliant-fuel-oil/

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