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27
Feb

GLOBAL: Wärtsilä introduces ammonia fuel supply system

Wärtsilä Gas Solutions has announced the introduction of an ammonia fuel supply system (AFSS) for ships that is available for both liquid and gaseous fuel.

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27
Feb

GLOBAL: Chevron, TotalEnergies and Seapeak join methane abatement initiative

Energy majors TotalEnergies and Chevron, and the gas carrier Seapeak, have joined the Methane Abatement in Maritime Innovation Initiative (MAMII).

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26
Feb

EUROPE: OMV Petrom announces financing for green hydrogen production projects

OMV Petrom has announced the signing of two financing contracts through Romania’s National Recovery and Resilience Plan (NRRP), for the construction of two production facilities for green hydrogen with a total capacity of 55 MW at its Petrobrazi refinery.

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26
Feb

GLOBAL: IBIA announces results of Board elections

At the International Bunker Industry Association AGM in London today (26 February), it was announced that Maria Skipper Schwenn, Bunker Holding Group, Ufuk Erinc, Unerco Petrol Urn. Denizcilik ve Tic. A.S., and Deanna MacDonald, BunkerTrace Ltd, have been elected as new members of the IBIA Board.

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26
Feb

EUROPE: UK Chamber of Shipping names Rhett Hatcher as next Chief Executive

The UK Chamber of Shipping has announced the appointment of Rhett Hatcher as its next Chief Executive, replacing Sarah Treseder.

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26
Feb

ASIA PACIFIC: CMA CGM’s second LNG-fuelled car carrier makes maiden voyage

Following the completion of the CMA CGM Indianapolis’ inaugural journey last week, the shipping company has announced that its second LNG-fuelled car carrier, CMA CGM Monaco, has followed suit.

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26
Feb

ASIA PACIFIC: OOCL names latest eco-friendly mega containership

Orient Overseas Container Line (OOCL) held a naming ceremony yesterday (25 February) for the OOCL Abu Dhabi, its newest ‘eco-friendly’ mega containership.

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26
Feb

BUNKER HUB PRICE WATCH: Rotterdam

High sulphur fuel oil (HSFO), very low sulphur fuel oil (VLSFO) and low sulphur marine gasoil (LSMGO) prices decreased week-on-week at the Port of Rotterdam, according to Bunkerspot Price Index (BPi) data.

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26
Feb

EUROPE: STX ramping up regulatory and policy affairs capabilities

Responding to the ‘increasing complexity of the policy landscape’ and the need to understand and explain ‘current and future policy requirements’, STX Group has informed Bunkerspot that it has been focusing on strengthening its ‘competences in regulation and policy affairs’.

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26
Feb

GLOBAL: IWSA submits white paper for MEPC 81

The International Windship Association (IWSA) has submitted a white paper on wind propulsion, co-sponsored by France, Solomon Islands and the Union of Comoros, for discussion at the next meeting of the Marine Environment Protection Committee (MEPC 81) at the International Maritime Organization in March.

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26
Feb

ASIA PACIFIC: Pavilion delivers LNG to Hapag-Lloyd’s Brussels Express

Hot on the heels making its first ship-to-ship LNG bunker delivery in Singapore waters, Pavilion Energy again deployed the Brassavola last week to maka a delivery to Hapag-Lloyd’s Brussels Express –  which is notable for being the the world's first ultra-large container ship to have switched to LNG propulsion.

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26
Feb

GLOBAL: Naming ceremony for last of ZIM’s 15,000 TEU LNG-fuelled boxships

Zim Integrated Shipping Services (ZIM) has announced that the final two vessels in its series of ten 15,000 twenty-foot equivalent unit (TEU) LNG-fuelled containerships have been named.

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26
Feb

GLOBAL: OFAC applies sanctions to Russia’s Sovcomflot

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) is taking action ‘to responsibly reduce Russia’s revenue from oil sales’ by sanctioning Sovcomflot as well as 14 oil tankers in which Russia’s state-owned shipping company has an interest.

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Bunker Prices - 27/02/2024

LOCATION

380

MGO

VLSFO

Buenos Aires

1142

702

Busan

482

790

665

Durban

1150

845

Fujairah

425

890

623

Gibraltar

530

876

618

Hong Kong

466

815

646

Houston

465

840

633

Istanbul

639

875

675

Las Palmas

535

891

633

Los Angeles

485

928

708

Malta (off)

535

883

633

Mumbai

625

1340

710

New York

535

870

610

Panama Canal

450

884

667

Piraeus

528

838

664

Rotterdam

459

802

576

Santos

957

650

Shanghai

465

867

640

Singapore

454

803

635

St. Petersburg

470

730

590

Suez

632

1178

733

Tokyo

537

857

700

Bunkerspot Price Index

bpi Small