Lloyd’s Loading List: Lines under pressure to cut ‘obsolete’ low sulphur surcharges
The crash in crude oil prices and consequent severe reduction in bunker costs is increasing calls from customers for savings to be passed on by carriers
Bunkerspot: AMERICAS: Panama Canal bunker volumes hold steady in March
New statistics published by the Panama Canal Authority (AMP) show a small monthly rise in total bunker sales, from 442,886 metric tonnes (mt) in February to 448,093 mt in March; there were increases in very low sulphur fuel oil and marine diesel oil volumes, but a dip in demand for high sulphur fuel oil.
VPO Global: LUKOIL shares lubricant experience
LUKOIL Marine Lubricants has shared its experience of operating with NAVIGO MCL Extra (40BN) with very low sulphur fuel oil (VLSFO) for 100 days.
Bunkerspot: WFS sees 68% Q1 profit surge for bunker segment on lower volumes
World Fuel Services’ marine fuel business held up well in Q1 2020, showing a good degree of resilience amid the current market turmoil, but marine profits are expected to be ‘more meaningfully impacted’ in Q2 by the oil price slump and the coronavirus pandemic.
Bunkerspot: Rotterdam’s Q1 bunker volumes show solid upswing
In spite of falling global bunker demand in the first three months of the year due to the major slowdown in world trade flows as a result of coronavirus, Q1 2020 bunker volumes at the Port of Rotterdam showed a quarter-on-quarter gain to reach 2.37 million cubic metres (cbm) – the highest quarterly total since Q1 2018.
Bunkerspot: Panama bunker volumes hold steady in March
New statistics published by the Panama Maritime Authority (AMP) show a small monthly rise in total bunker sales, from 442,886 metric tonnes (mt) in February to 448,093 mt in March; there were increases in very low sulphur fuel oil (VLSFO) and marine diesel oil (MDO) volumes, but a dip in demand for high sulphur fuel oil (HSFO).
Bunkerspot: Lindsay-Blee and Master Fuel sign Colombia marketing and distribution deal
Lindsay‐Blee will exclusively market, sell and distribute marine fuel products in Colombia in partnership with Master Fuel SAS, including very low sulphur fuel oil (VLSFO), high sulphur fuel oil (HSFO) 380 cSt, and 0.10% sulphur marine gasoil (MGO).
Bunkerspot: VPS highlights marine fuel storage monitoring service
The COVID-19 pandemic has reduced marine fuel demand which can result in extended bunker storage periods and heighten the risk of fuel quality deterioration.
Fuel testing agency VPS has pointed out that although longer-term storage of marine fuels is possible, it can increase the risk of fuel quality issues arising from temperature, stratification, fuel stability, catfine settling, waxing and microbial growth.
‘Heavy Fuel Oil (HFO), Very Low Sulphur Fuel Oil (VLSFO), Ultra Low Sulphur Fuel Oil (ULSFO) and Marine Gas Oil (MGO), all have different properties and formulations, which can be negatively affected due to longer-term storage,’ says VPS.
Splash 247: Aussies detain bulk carrier found to be carrying high sulphur fuel
The African Heron, a four-year-old 34,387 dwt bulk carrier belonging to the Amsterdam-based MUR Shipping, was detained in Geelong, Australia on Friday, found to be carrying fuel with Sulphur content above 0.5%.
Ship and Bunker: IBIA, UK Chamber of Shipping Plan Autumn Bunker Event
Bunker Industry association International Bunker Industry Association (IBIA) and the UK Chamber of Shipping have teamed up to host a bunker conference in London in September.
The event, on September 29, will provide “a forum for advanced dialogue and exchange of experiences related to marine fuels, the implementation of the 2020 Sulphur Cap, safety implications, the market landscape and new advanced fuel products”, according to the organisers.
An agenda will released nearer the time and sponsorship deals are available.
Ship and Bunker: Chinese Ports Record Rising Bunker Spot Sales
Bunker sales at the Chinese port of Zhoushan rose by 25% to reach 348,500 metric tonnes (mt) in March from the previous month.
Spot Sales of low-sulphur bunker volumes in the port as reported to price reporting agency Argus Media were at a record high of nearly 49,000 mt in March, according to the agency.
The shipping industry is still considering several options for meeting the regulations of IMO’s global sulphur cap in 2020, according to a recent survey by The Strategy Works. Around 81% of senior technical managers from shipping companies and nearly 60% of lubricant makers and OEMs favour ultra-low sulphur fuel oil to comply with the sulphur limit. Scrubber technologies are the favourite choice of lubricant companies and OEMs with a 67% approval rate whereas only 41% of shipping company employees votes for scrubbers. Distillates fuels and LNG rank in third and fourth positions. Furthermore, the survey revealed fuel oil availability and price as the top concerns among the representatives of shipping companies.
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