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Sea trials on a chemical tanker using a carbon fiber reinforced plastic (CFRP) propeller – rather than a conventional aluminum-bronze propeller – have shown that the CFRP propeller demonstrated a 9% reduction in horsepower required for operation.

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Armed pirates commandeered a Thai tanker on 28 August and pumped out its cargo of oil. The hijacking occurred off the coast of Malaysia in the South China Sea.

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Viking Line Group has announced it slashed bunker expenses by €1.6 million during the first half of 2014, as a result of what it describes as its ‘continued efforts to optimise the bunker consumption of its vessels’, in conjunction with lower average bunker prices.

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Marine Position AB's Environmental Navigator – a system designed to help vessels’ captains comply with environmental regulations – is to be distributed by Uson Marine AB after an agreement was reached between the two parties.

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Bunker Markets and Prices

LOCATION

380

180

MDO

Rotterdam

571601845

Gibraltar

588616910

Piraeus

586618893

Suez

6707171093

Fujairah

601636980

Durban

 6101009

Tokyo

6186281053

Busan

610634894

Hong Kong

598608890

Singapore

594612875

Los Angeles

580667970

Houston

581663972

New York

585644949

Panama

5886801008

Santos

593616985

Buenos Aires

5978141161
29/08/2014

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