Subscribers' News Board

17
Feb

EUROPE: EIB loan to help Ystad accommodate ‘climate-friendly’ vessels

The European Investment Bank (EIB ) has signed a SEK445 million loan with the Municipality of Ystad, which will be used to expand the Swedish port’s facilities so new, larger – and more environmentally-friendly – LNG-powered ro-pax vessels can access the harbour.

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17
Feb

GLOBAL: IEA gathers experts to tackle methane slip

The International Energy Agency (IEA) has reported that it recently held a workshop of experts and stakeholders to ‘step up efforts’ for methane emissions regulation for the oil and gas sector.

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17
Feb

GLOBAL: Fuel oil carriage rules, scrubbers and Arctic conservation on IMO’s PPR agenda

The International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR) is meeting at the IMO headquarters this week to finalise draft guidelines for the verification of the sulphur content of the fuel oil carried for use on board ships and also continue its work on scrubber guidelines.

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17
Feb

GLOBAL: Virgin Voyages marks delivery of Scarlet Lady with emissions commitment

Virgin Voyages has taken delivery of its fleet’s inaugural cruise ship Scarlet Lady – and commits to becoming ‘carbon-neutral for its direct emissions footprint from its first day of commercial operation’.

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17
Feb

MIDDLE EAST: DP World to delist from Dubai exchange

Explaining the group’s decision to return to full state ownership, Yuvraj Narayan, Group Chief Financial, Strategy and Business Officer, said: ‘DP World is focussed on the transformation of the Group and takes a long-term view of investment returns and value creation - in contrast, public markets typically hold a short-term view.'

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17
Feb

ASIA PACIFIC: Kumiai Navigation orders dual-fuelled VLGC from KHI

Singapore-based Kumiai Navigation has signed a letter of intent with Kawasaki Heavy Industries for a very large gas carrier (VLGC) that will operate on both LPG and conventional fuel - and takes delivery of a new scrubber-equipped ship.

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17
Feb

EUROPE: Siemens hooks up Port of Kiel to shore power

The 16-megavolt ampere Siharbour shore power system, Germany’s largest cold-ironing system to date, will supply two ships simultaneously with ‘certified eco-power’.

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17
Feb

EUROPE: OMV Petrom produces IMO 2020-compliant VLSFO; first delivery at Constanta

Developed at the Petrobrazi refinery, the new very low sulphur fuel oil (VLSFO) is said to be ‘unique to the Romanian market’ and for the first time reduces the country’s reliance on bunker fuel imports.

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17
Feb

GLOBAL: Time to step off the gas?

As the debate over LNG’s role as a ‘transition fuel’ continues, Bunkerspot’s editorial team spoke to Bryan Comer about the response to his co-authored ICCT report which indicated that using LNG could actually worsen shipping’s climate impact compared to MGO.

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IMO 2020 Small

IMO 2020 news updates

Bunker Prices - 17/02/2020

LOCATION

380

MGO

VLSFO

Buenos Aires

620

575

Busan

395

567

545

Durban

725

660

Fujairah

307

642

520

Gibraltar

326

549

520

Hong Kong

360

522

540

Houston

367

557

490

Istanbul

555

540

Las Palmas

327

549

525

Los Angeles

425

615

605

Malta (off)

325

533

492

Mumbai

372

767

New York

320

530

515

Panama Canal

368

565

540

Piraeus

337

572

577

Rotterdam

296

496

467

Santos

500

622

500

Shanghai

375

577

555

Singapore

322

523

510

St. Petersburg

200

490

398

Suez

335

600

Tokyo

347

680

549

  • Cem Saral
  • Martin Rasmussen
  • Adrian Tolson
  • Albert Leyson
  • Paul Millar
  • Sean Lalani
  • Susana Broco