Subscribers' News Board

19
Apr

ASIA PACIFIC: Eco Marine power seeking to expand Aquarius Eco Ship project

As part of the plan, a wider range of technologies will be studied including fuel cells, air lubrication systems and electrical propulsion.

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19
Apr

GLOBAL: IEA executive predicting ‘huge disruptions’ to shipping markets come 2020

A lack of scrubber investment coupled with increasing uncertainty surrounding the availability of low-sulphur bunker fuel could have significant implications for the shipping industry, says Neil Atkinson, head of the International Energy Agency’s (IEA) oil industry and market division.

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19
Apr

ASIA PACIFIC: NYK Line names hybrid LNG carrier

The Diamond Gas Orchid is equipped with a hybrid propulsion system, a reheating steam-type marine turbine and a dual-fuel diesel engine capable of operating on both gas and oil-based bunker fuel.

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19
Apr

GLOBAL: Wärtsilä to provide optimised maintenance for a complete fuel gas handling system for Viking Grace

The technology group and Finnish ferry company have signed an Optimised Maintenance agreement for the Wärtsilä LNGPac system onboard the LNG-fuelled passenger ferry.

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19
Apr

AFRICA: Grindrod sells Unicorn Bunker Services to Woesa and Linsen Nambi

Financed through the Industrial Development Corporation (IDC) - for an undisclosed amount - the shipping, freight and logistics operator says the sale has facilitated the participation of black women and black youth in creating the first 100% black shipowners’ group in the country.

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19
Apr

EUROPE: Samskip’s LNG-fuelled Ro-Ro vessels to start calls at Port of Rotterdam

Samskip subsidiary Nor Lines will include calls at Rotterdam for the first time in its weekly multipurpose liner service connecting to Western, Mid and Northern Norway, with effect from 1 June.

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18
Apr

GLOBAL: Ports need to develop more green incentives, OECD report finds

‘Although impacts are difficult with imperfect information, it is fairly safe to say that the effectiveness of [current] port-based incentives to reduce maritime Greenhouse gas (GHG) emissions remains pretty marginal,’ the International Transport Forum (ITF) says.

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18
Apr

GLOBAL New DNV GL white paper assesses alternative marine fuels and technologies

In the short term, the study suggests that the ‘vast majority’ of conventionally fuelled vessels already in service will either switch to low sulphur conventional fuels to comply with the 2020 global sulphur cap or implement a scrubber system while continuing to use HFO.

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18
Apr

GLOBAL: Marine LNG cannot solve shipping’s carbon emissions problem

A total switch by the global fleet from fuel oil and gasoil to LNG would still leave shipping falling short of its CO2 target by some 350 million tons, says energy research specialist.

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18
Apr

GLOBAL: Improvement in global economic indicators boosts performance of key ports

A new report by the Shanghai International Shipping Institute says that the cargo throughput of major global ports grew by over 5% in 2017.

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Bunker Prices - 19/04/2018

LOCATION

380

180

MGO

Buenos Aires

465

485

725

Busan

410

430

655

Durban

421

723

Fujairah

403

453

700

Gibraltar

391

422

670

Hong Kong

403

412

640

Houston

370

436

635

Istanbul

405

430

675

Las Palmas

400

414

657

Los Angeles

422

457

696

Malta (off)

393

418

648

Mumbai

438

449

741

New York

389

430

645

Panama Canal

377

414

640

Piraeus

402

428

660

Rotterdam

384

402

622

Santos

421

453

754

Shanghai

410

470

717

Singapore

398

434

630

St. Petersburg

344

374

631

Suez

458

523

798

Tokyo

438

444

742

Port Reports

port report bs

Bunkerspot Price Index

bpi 230