Subscribers' News Board

21
Jan

AMERICAS: Rystad Energy predicts 350,000 b/d ‘Biden boost; for US oil products demand

US oil products demand could be set to grow by an additional 350,000 barrels a day (b/d) if newly-inaugurated US President Joe Biden lives up to his promises, according to consultancy Rystad Energy.

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21
Jan

EUROPE: Boomsma installs eConowind VentiFoil units

Boomsma Shipping has installed two eConowind VentiFoil wind-assisted propulsion units onboard the MV Frisian Sea general cargo vessel.

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21
Jan

ASIA PACIFIC China’s December VLSFO exports hit new record

China's export volumes of very low sulphur fuel oil (VLSFO) in December were 2.47 million tonnes – the highest monthly tally since shipments of the new fuel grade began a year ago, according to Reuters.

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21
Jan

EUROPE: Dual-fuelled Fure Vinga delivered to Furetank

The FKAB-designed tanker was delivered from the China Merchants Jinling Shipyard (Yangzhou) on 19 January and will now load cargo before starting her maiden voyage to Europe where she will operate as part of the Gothia Tanker Alliance fleet.

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21
Jan

GLOBAL: Sovcomflot and Total conclude time charter agreement for dual-fuel VLGC

Sovcomflot and Total have concluded a time charter for up to seven years for a 174,000-cbm LNG carrier currently under construction.

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21
Jan

GLOBAL: ABS gives AiP to DSME’s SOFC technology

The class society has awarded Approval in Principle (AiP) to the solid oxide fuel cell (SOFC) technology developed by Daewoo Shipbuilding & Marine Engineering (DSME).

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21
Jan

GLOBAL: Cover story: Paratus Maritime expands on bunker fuel price insurance with new freight rate policy

The company, which was first to market with its bunker fuel price insurance product last year, received approval this week from the Guernsey Financial Services Commission (GFSC) for its new parametric freight rate policy, giving charterers the alternative of ‘double protection’ against freight rate rises and marine fuel price hikes.

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21
Jan

GLOBAL: Quadrise inks joint development agreement with MSC Shipmanagement

Quadrise Fuels International (Quadrise) has signed a development agreement with Mediterranean Shipping Company subsidiary MSC Shipmangement Limited of Cyprus (MSC) to carry out an MSAR operational trial on its commercial container vessels.

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21
Jan

EUROPE: Port of Barcelona highlights discounts for environmentally friendly shipping

Environmental discounts on vessel fees at the Port of Barcelona have reached ‘around €2.3 million’ per year.

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20
Jan

GLOBAL: Star Bulk: We’ve covered half the cost of our scrubbers already

Star Bulk Carriers Corporation President Hamish Norton has called the company’s scrubber strategy ‘a good decision’, having already covered half the cost of installing the emission abatement technology.

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20
Jan

EUROPE: Norsepower installs tiltable Rotor Sails on Sea-Cargo Ro-Ro

Norsepower Oy Ltd. has installed two 35 metre tall tiltable Rotor Sails onboard North Sea logistics provider SEA-CARGO’s Ro-Ro ship SC Connector.

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20
Jan

GLOBAL: Valmet introduces advanced water treatment technologies for marine industry

Finnish technology company Valmet has launched a fully automatic water treatment solution for marine scrubbers and exhaust gas recirculation systems.

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20
Jan

EUROPE: Rotterdam 2020 bunker sales come close to 9.5 million cbm

The Port of Rotterdam achieved total bunker sales of 9,454,266 cubic metres (cbm) of fuel in 2020 – up more than half a million cbm, or around 5%, on the 8,949,794 cbm delivered in 2019.

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Bunker Prices - 21/01/2021

LOCATION

380

MGO

VLSFO

Buenos Aires

570

480

Busan

382

510

503

Durban

535

483

Fujairah

341

530

448

Gibraltar

358

489

437

Hong Kong

351

451

437

Houston

327

487

420

Istanbul

500

450

Las Palmas

360

490

440

Los Angeles

393

510

457

Malta (off)

353

485

435

Mumbai

340

553

480

New York

349

497

439

Panama Canal

350

500

425

Piraeus

357

482

460

Rotterdam

325

451

414

Santos

446

518

446

Shanghai

374

504

460

Singapore

344

468

455

St. Petersburg

318

460

415

Suez

378

519

465

Tokyo

423

655

468

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