Subscribers' News Board

25
May

GLOBAL: CMA CGM implements emergency bunker recovery measures

The shipping company says it will recover bunker costs through its bunker related surcharges which will be applied to all cargo on all Worldwide trades.

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25
May

EUROPE: Gibraltar sees 11% y-o-y rise in bunker calls

Some 515 vessels lifted bunkers at the Mediterranean port in April – 52 more than the 463 calls during the same month in 2017.

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25
May

GLOBAL: Maersk Line set to impose emergency bunker surcharge

Citing a 20% increase in fuel costs since the start of the year, Maersk says the surcharge will applied to cargo from 1 June 2018 for non-FMC corridors and from 1 July for FMC corridors.
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25
May

EUROPE: Brittany Ferries confirms charter of two gas-ready cruise ferries

The new ships, which will be built at the Avic International Weihai shipyard in China, will be chartered from Swedish shipping company Stena Ro-Ro, which has invested in a new generation of ‘E-Flexer’ Ro-Pax vessels.

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25
May

GLOBAL: ICS: Zero CO2 fuels are the only way to meet IMO’s carbon reduction targets

‘Zero CO2 fuels means radical and as yet unproven technologies such as hydrogen fuel cells using ammonia or methanol, or batteries powered using renewable energy.  While LNG or biofuels will play an important part in the transition we only really see these as interim solutions that won’t deliver the ambitious targets which IMO has now set for 2050,’ says International Chamber of Shipping Deputy Secretary General, Simon Bennett.
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25
May

ASIA PACIFIC: Singapore finds Wilhelmsen and Drew Marine merger to be anti-competitive

The Competition and Consumer Commission of Singapore (CCCS) has found that the proposed acquisition is likely to result in a substantial lessening of competition in the market for the supply of marine water treatment chemicals in Singapore.

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25
May

AMERICAS: Hawaiian fishing companies agree to pay penalties following pollution charges

Complaints brought against Honolulu-based Triple Dragon, LLC and Capt. Millions III, LLC included an allegation that the defendants routinely pumped a mixture of fuel oil, lubricating oil, water and other fuels into the Pacific Ocean.

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24
May

GLOBAL: VARD secures stern trawler contract

The vessel, for Nergård Havfiske, will have both diesel mechanical and diesel electric propulsion, combined with batteries and VARD’s SeaQ Energy Storage System and SeaQ Power Management System.

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24
May

EUROPE: LNG marine fuel making headway in Greece

At least three new LNG-powered vessels, one LNG barge based in the Port of Piraeus and one LNG marine installation in Western Greece will be in operation as of 2020, says George Polychroniou, Head, Strategy & Business Development at Public Gas Corporation of Greece A.E. (DEPA S.A.)

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24
May

ASIA PACIFIC: Adani Bunkering expands trading team

The company has appointed Rishi Srivastava as Bunker Manager at the company's India office.

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Bunker Prices - 25/05/2018

LOCATION

380

180

MGO

Buenos Aires

515

535

780

Busan

481

501

719

Durban

470

769

Fujairah

466

512

737

Gibraltar

472

499

727

Hong Kong

465

470

700

Houston

435

503

697

Istanbul

470

495

715

Las Palmas

465

482

717

Los Angeles

477

507

757

Malta (off)

460

485

710

Mumbai

500

510

783

New York

462

502

735

Panama Canal

440

471

705

Piraeus

463

489

714

Rotterdam

432

451

665

Santos

466

498

738

Shanghai

478

538

782

Singapore

456

489

690

St. Petersburg

405

435

665

Suez

493

563

723

Tokyo

478

490

787

Port Reports

port report bs

Bunkerspot Price Index

bpi 230