Tuesday, December 29, 2020

Year In Review – Top Maritime Stories of 2020

What a year! With 2020 coming to a close, we’re taking a look back at the maritime stories that continued to make headlines all year long. IMO 2020 The year...

December 29, 2020
Total Views: 13148

Thursday, December 17, 2020

Shipping’s Switch to Cleaner Fuel Gets COVID Boost

By Jack Wittels (Bloomberg) — It was meant to be one of the greatest transformations in the history of oil and shipping. Instead, a sweeping regulatory change this year to clean...

December 17, 2020
Total Views: 1098

Tuesday, December 1, 2020
cargo ship

HSFO Demand Jumps as More Ships Install Scrubbers

By Ann Koh and Elizabeth Low (Bloomberg) — An increase in vessels being fitted with pollution-reducing kits and unusually strong demand for container shipping is providing a boost to the dirtiest...

December 1, 2020
Total Views: 2464

Friday, October 16, 2020
bunkering tanker
Maritime News

BP To Cut Caribbean Oil Due To Low Demand For VLSO Bunkers

By Laura Sanicola Oct 16 (Reuters) – The problem-plagued Limetree Bay refinery in St. Croix, Virgin Islands, may lose its main supplier of crude, oil major BP, if it isn’t...

October 16, 2020
Total Views: 109

Friday, August 21, 2020
crowley lng bunkers ISO Containers

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%...

August 21, 2020
Total Views: 136

Tuesday, August 4, 2020
ship emissions
Maritime News

Shipping’s Share of Global Carbon Emissions Increases

By Jonathan Saul LONDON, Aug 4 (Reuters) – Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89% of the world’s CO2, a study released...

August 4, 2020
Total Views: 65

Tuesday, July 21, 2020
ship emissions
Maritime News

Smooth Sailing for Shipping’s Switch to Cleaner Fuel, ING Banks Says

By Roslan Khasawneh SINGAPORE, July 21 (Reuters) – Seven months after the United Nations’ shipping agency brought in hotly anticipated new rules to curb emissions, the raft of technical issues...

July 21, 2020
Total Views: 24

Monday, June 22, 2020
tankers at anchor
Maritime News

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...

June 22, 2020
Total Views: 12

Monday, April 27, 2020
ships at anchor
Maritime News

Singapore Reports ‘High Degree’ of Compliance with IMO 2020

The Port Authority of Singapore has reported a ‘high degree’ of compliance with new a international law limiting the sulphur content of fuel used by ships.  In the first quarter...

April 27, 2020
Total Views: 25

Friday, March 27, 2020
cargo ships underway
Maritime News

Britain Suspends IMO 2020 Fuel Checks Due to Coronavirus

LONDON, March 27 (Reuters) – Britain has suspended checks on ships for compliance with low sulphur fuel regulations as part of wider measures that cut back on inspections to reduce...

March 27, 2020
Total Views: 52

Tuesday, March 17, 2020
Maritime News

MSC Ship Busted Breaking HFO Carriage Ban

By Mike Wackett (The Loadstar) – MSC has become the first major ocean carrier to fall foul of the IMO’s ban on carrying non-compliant fuel. The 9,784 teu post-panamax MSC Joanna has been prohibited...

March 17, 2020
Total Views: 27

Tuesday, March 3, 2020
bunkering operations
Maritime News

ICS: Ships Could Face Detention Under New IMO ‘Carriage Ban’

Ships carrying non-compliant high-sulphur fuel now face high fines and detention under new rules entering into force banning the carriage of such fuels, the International Chamber of Shipping warns.  ...

March 3, 2020
Total Views: 13

Thursday, February 27, 2020
cargo ship
Maritime News

IMO 2020 Entering New Phase with Carriage Ban

By Jack Wittels (Bloomberg) — A tweak to new environmental rules for the shipping industry is just days from taking effect, closing off a loophole for would-be cheats looking to cut...

February 27, 2020
Total Views: 26

Monday, January 27, 2020
nuclear icebreaker convoy
Maritime News

Green Groups Push for Low Sulphur Fuel Ban in the Arctic

LONDON, Jan 27 (Reuters) – Green groups on Monday called for a ban on the use of new low sulfur fuel in the Arctic region, citing research showing that blends...

January 27, 2020
Total Views: 4

Thursday, January 23, 2020
oil tanker loading
Maritime News

China Tax Changes Unlikely to Boost Marine Fuel Supply Until Q2

By Roslan Khasawneh and Muyu Xu SINGAPORE, Jan 23 (Reuters) – Chinese oil refiners are unlikely to boost their output of cleaner marine fuels until at least the second quarter...

January 23, 2020
Total Views: 6

Maritime News

Fuel Spread Narrows in Singapore as Low Sulphur Fuel Prices Drop

The price of low sulphur fuel oil has dropped steeply in recent weeks at the bunkering hub of Singapore in a sign that the bunker market is stabilizing following the...

January 23, 2020
Total Views: 13

containership ship bunkering
Maritime News

IMO’s Marine Fuel Rules Sets Shipping Industry for a Comeback in 2020 -IHS

By Roslan Khasawneh SINGAPORE, Jan 23 (Reuters) – The global shipping market is set for a recovery, benefiting from new global rules on marine fuels that came into effect at...

January 23, 2020
Total Views: 24

Wednesday, January 22, 2020
maersk ship
Maritime News

Maersk Raises Bunker Surcharge as Fuel Costs Spiral

By Firat Kayakiran and Jack Wittels (Bloomberg) –The world’s largest container shipping line is hiking up a fuel surcharge that it imposes to transport boxloads of goods across the world’s...

January 22, 2020
Total Views: 66

IMO greenhouse gas emissions
Maritime News

IMO Secretary-General Hails ‘Relatively Smooth’ IMO 2020 Transition

IMO Secretary-General Kitack Lim says the implementation of new International rules limiting the sulphur content of fuel used by ships has gone relatively smoothly. “I believe it is testimony to...

January 22, 2020
Total Views: 11

container shipping
Maritime News

Container Lines Raising Rates to Offload Clean Fuel Cost

By Kyunghee Park (Bloomberg) –Container-shipping companies, some of the biggest polluters of the world’s oceans, are managing to pass higher costs onto customers after switching to more expensive fuel to...

January 22, 2020
Total Views: 5