Subscribers' News Board

23
Feb

GLOBAL: FTC seeks to block Wilhelmsen’s $400 million purchase of Drew Marine

The US Federal Trade Commission says that the proposed deal would violate antitrust laws ‘by significantly reducing competition in an important market for marine water treatment chemicals and services used by global fleets.’
Read More
23
Feb

GLOBAL: IBIA calls for clarity over high sulphur bunker carriage ban exemptions

The proposed change to MARPOL Annex VI will make it an offence to carry bunkers above 0.50% sulphur but does not prevent the use of abatement technology, such as scrubbers, with heavy fuel oil, and it will not apply to bunkers carried as cargo. However, says IBIA, ‘there are concerns that the regulatory change does not make this crystal clear.
Read More
23
Feb

GLOBAL: BIMCO relaunches ship benchmarking system

Following a two-year redesign, Shipping KPI is intended to help shipowners and managers make strategic decisions about their fleet.
Read More
23
Feb

GLOBAL: World Fuel Services posts $193.1 million net loss in Q4 2017

Fourth quarter results were impacted by impairment charges of $91.9 million, said to be primarily related to the group’s marine business.

Read More
23
Feb

CMA Bunker Session: 2020 - Making sense of it all

 
The bunker session at the forthcoming Connecticut Maritime Association conference, to be held on Wednesday 14 March 2018 at the Hilton Stamford, Connecticut, will examine the key issues raised by the imminent imposition of the global 0.5% sulphur cap and shed some light on the options for bunkering and shipping.
Read more ...
23
Feb

EUROPE: Scottish government nods through funding for hydrogen-powered vessel study

The financial support has been awarded under Scotland’s Low Carbon Infrastructure Transition Programme, supported by the European Regional Development Fund, and will be used for an initial feasibility study focusing on the technical and commercial requirements for a hydrogen-fuelled ferry.
Read More
22
Feb

EUROPE: Nauticor extends LNG supply network to Port of Rotterdam

The company bunkered the Wes Amelie, the first containership to be retrofitted to dual fuel operation, with 120 tons of LNG.

Read More
22
Feb

AFRICA: Pirates open fire on crude oil tanker

Six men armed with AK-47 rifles attempted to board the vessel, which was underway around 25 nm south east of Brass, Nigeria.

Read More
22
Feb

GLOBAL: Global newbuild vessel orderbook-to-fleet ratio falls back to 10%

Cruise ships, LNG carriers and drillships have the highest newbuild vessel order backlogs relative to their existing fleets and will lead newbuild expansion, says a new research report.

Read More
21
Feb

EUROPE: Square-rigged sailing ship to receive hybrid power system

Norwegian state-owned Enova is providing over NOK 4 million ($510,000) in support of a project to equip the Statsraad Lehmkuhl with shipboard battery power provided by Rolls-Royce.

Read More

Bunker Prices - 23/02/2018

LOCATION

380

180

MGO

Buenos Aires

420

440

725

Busan

390

410

620

Durban

420

660

Fujairah

374

432

668

Gibraltar

371

396

597

Hong Kong

380

387

592

Houston

350

420

576

Istanbul

385

405

610

Las Palmas

374

389

603

Los Angeles

410

441

625

Malta (off)

365

380

586

Mumbai

420

0

600

New York

373

399

619

Panama Canal

366

426

625

Piraeus

378

401

604

Rotterdam

357

375

557

Santos

374

406

701

Shanghai

397

459

702

Singapore

369

396

581

St. Petersburg

321

341

553

Suez

440

450

723

Tokyo

417

427

717

Port Reports

port report bs

Bunkerspot Price Index

bpi 230