Sunday, March 21, 2021
Monday, March 1, 2021
Shippers Face Increasing Bunker Surcharges Amid Rising Fuel Costs
By Mike Wackett (The Loadstar) – Higher fuel costs are triggering increases in ocean carrier bunker surcharges, adding more misery for shippers already struggling with record high freight rates and additional fees....
Wednesday, February 24, 2021
Maersk Tankers and Cargill Team Up on New Bunker Procurement Service
Maersk Tankers and Cargill have teamed up to launch a new bunker procurement service that will offer better pricing, service and transparency to tramp shipping companies and trading houses. The...
Monday, January 18, 2021
Trafigura Wins Rare Bonded Bunker License in China’s Marine Fuel Hub
SINGAPORE, Jan 15 (Reuters) – Commodities trader Trafigura has won a licence to supply bonded marine fuel at the port of Zhoushan, China’s top bunker fuel hub, a company spokeswoman...
Friday, January 15, 2021
Return of Bunker Surcharges Possible as Low Sulphur Fuel Spread Widens
By Mike Wackett (The Loadstar) – As oil prices head north again, ocean carriers are preparing to ramp up low-sulphur fuel surcharges to add to the misery of shippers struggling with sky-high...
Thursday, January 14, 2021
Shell Unit Named Singapore’s Top Marine Fuel Supplier of 2020
SINGAPORE, Jan 14 (Reuters) – Shell Plc’s Singapore bunkering unit, Shell Eastern Trading Pte Ltd, moved up a notch to be the top marine fuel supplier in the world’s biggest...
Thursday, December 31, 2020
Thursday, November 5, 2020
Shipping Fuel Demand Back to Pre-Pandemic Levels -Traders
By Roslan Khasawneh SINGAPORE, Nov 5 (Reuters) – Asian refiners’ profit from producing very low sulphur fuel oil (VLSFO) climbed to six-month highs this week as output cuts keep supplies...
Wednesday, October 21, 2020
More Diesel in Bunker Fuel Raising Risk It Could Turn Into Sludge
By Elizabeth Low (Bloomberg) –The shipping sector is providing an outlet for surplus oil products such as diesel that have swelled due to a virus-driven demand hit, but questions about...
Monday, October 19, 2020
Singapore Suspends Bunker Supply Licences of Hin Leong Unit
By Roslan Khasawneh SINGAPORE, Oct 19 (Reuters) – Singapore has suspended the licences to sell ship fuel held by a subsidiary of defunct oil trader Hin Leong Trading Pte Ltd...
Sunday, October 18, 2020
Wednesday, October 14, 2020
Friday, October 2, 2020
Head of Singapore’s Biggest Marine Fuel Supplier Charged in Shell Oil Heist Case
SINGAPORE, Oct 2 (Reuters) – The founder of one of Singapore’s biggest marine fuel suppliers has been charged for his involvement in a large-scale oil theft from Shell’s refinery in...
Friday, September 25, 2020
Trafigura Proposes Carbon Tax on Marine Fuels to Help Meet Emissions Targets
SINGAPORE, Sept 25 (Reuters) – Commodities trader Trafigura on Friday proposed a carbon levy of $250-$300 per tonne of carbon-dioxide (CO2) equivalent on shipping fuels to make zero and low...
Wednesday, September 16, 2020
Pandemic Crushes Global Marine Fuel Demand, Driving Bunker Market Consolidation -IBIA
By Roslan Khasawneh SINGAPORE, Sept 16 (Reuters) – Global demand for marine fuels is expected to fall by up to 17% due to the impact of the coronavirus pandemic on...
Friday, August 21, 2020
Bio-Bunkers, What Types Of BioFuels Could Ships Burn in 2030?
By Ryan Hesketh and Jack Wittels (Bloomberg) — Shipping is the backbone of the global economy, responsible for about 90% of world trade. But it also accounts for almost 3%...
Thursday, August 20, 2020
Ships Avoid Bunkering In Hong Kong Due To Strict COVID Rules
By Elizabeth Low and Ann Koh (Bloomberg) – Ships are skipping Hong Kong for re-fueling after the city implemented strict quarantine regulations at its port to curb the spread of the...
Thursday, July 30, 2020
Hydrogen’s Future May Follow Path Blazed by Natural Gas
By Anna Shiryaevskaya (Bloomberg) –For a glimpse into the future of a hydrogen-fueled world, look no further than natural gas and the technology that rapidly transformed it into a global...
Friday, July 3, 2020
Monday, June 22, 2020
China to be Self-Reliant in IMO-Compliant Fuel -Official
SINGAPORE/BEIJING, June 22 (Reuters) – Chinese refiners have the capacity to produce 18.1 million tonnes of low-sulphur fuel oil (LSFO) this year, which would make the country self-sufficient in the...
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