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
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
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
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
IMO Secretary-General Kitack Lim says the implementation of new International rules limiting the sulphur content of fuel used by ships has gone relatively
By Kyunghee Park (Bloomberg) –Container-shipping companies, some of the biggest polluters of the world’s oceans, are managing to pass higher costs onto
By Jonathan Saul LONDON, Jan 20 (Reuters) – At least $1 trillion of investment in new fuel technology is needed to enable the shipping industry to meet
By Mike Wackett (The Loadstar) – Despite the recent introduction of low-sulphur regulations, the Suez Canal Authority (SCA) will continue to allow ships
By Jack Wittels (Bloomberg) –Two weeks ago, the vast majority of the world’s ships were forced to change the fuel they use. Some big winners —
Two ships have been busted burning non-IMO 2020 compliant fuel in China, according to The Standard Club. The two ships were inspected by Chinese Maritime
HAMBURG, Jan 10 (Reuters) – Tougher rules on sulphur emissions from ships set by the International Maritime Organisation (IMO) from January burden the
By Stephanie Kelly and Collin Eaton NEW YORK, Jan 9 (Reuters) – The price of very low-sulfur fuel oil has risen in recent months, a sign of increasing
By Mike Wackett (The Loadstar) – Although the 1 January switch to maximum 0.5% low-sulphur fuel for shipping appears to have passed without major
HOUSTON (Reuters) – As a global clean-fuel mandate takes effect Jan. 1, testing companies examining newer, low-sulfur marine blends acquired in Antwerp,
As the 2010’s come to a close, we’re taking a look back at the maritime stories that kept us talking the most these last ten years. Deepwater
By Julian Lee (Bloomberg Opinion) –The shipping industry is getting serious about cutting sulfur dioxide emissions. People who live along busy shipping
By Jonathan Saul LONDON, Dec 19 (Reuters) – Sweeping new fuel rules aiming to cut pollution belching from ships and save lives are now just a couple of
By Firat Kayakiran, Jack Wittels and Rachel Graham (Bloomberg) –A defining moment in the history of the oil-refining and shipping industries is at hand.
By Verity Ratcliffe (Bloomberg) –The world’s oil tanker owners can breathe a sigh of relief: a vital Middle East shipping hub is going to start
By Mike Wackett (The Loadstar) – Another containership fitted with an exhaust gas cleaning system (scrubber) is added to the global fleet every 10 hours,
By Jack Wittels (Bloomberg) –Shippers have fewer than three weeks until new rules kick in forcing them to burn cleaner fuels, but the regulations are
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