• INTERVIEW: Survival instinct

    INTERVIEW: Survival instinct

    2020 has been a year like no other. Carsten Ladekjær of Glander International Bunkering talks to Lesley Bankes-Hughes about the pressures the industry is currently under and how it can best address the challenges that inevitably lie ahead.

  • AFRICA: South Africa poised for LNG bunkering ‘as early as 2021’

    AFRICA: South Africa poised for LNG bunkering ‘as early as 2021’

    South African LNG company DNG Energy has received final authorisation from Transnet National Port Authority (TNPA) to begin LNG bunkering operations in the Port of Coega, in the Eastern Cape, South Africa.

  • GLOBAL: Shell: LNG is a ‘no-regrets’ investment

    GLOBAL: Shell: LNG is a ‘no-regrets’ investment

    Speaking at DNV GL’s Alternative Fuels Online Conference, Krishna Achuthanandam, Marine LNG Business Development Team Lead, Shell LNG, put the case that switching to LNG is a ‘no-regrets’ investment that allows for ‘multiple future options’.

  • GLOBAL: Women make up one quarter of the UK bunker industry

    GLOBAL: Women make up one quarter of the UK bunker industry

    Of approximately 2,000 bunkering personnel in the UK, 26% are women, of which around 15% occupy positions such as graduate roles, administration and purchasing.

Subscribers' News Board

20
Oct

GLOBAL: US imposes sanctions on Hong Kong and Chinese shipping companies

US Secretary of State Michael R. Pompeo has announced that a number of Hong and Chinese shipping companies and individuals are now subject to sanctions because of their alleged connections to the Islamic Republic of Iran Shipping Lines (IRISL).

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20
Oct

GLOBAL: AXIS Insurance and Kennedys Law launch new marine cyber insurance product

The new product will provide insurance cover for the marine shipping market to protect against cyber exposure onboard vessels and onshore in shipping company offices.

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20
Oct

AMERICAS: Valent acquires low emissions alternative fuel company

Canadian energy technology company Valent Low-Carbon Technologies (Valent) has acquired nano-emulsion drop-in fuel developer Katal Green Fuel.

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20
Oct

AMERICAS: Pilot LNG and GAC team up on Galveston LNG project

Pilot LNG and GAC Bunker Fuels have signed a Heads of Agreement (HOA) on LNG marine fuel supply from Pilot’s proposed Galveston LNG Bunker Port, which will be the region’s first dedicated LNG bunker terminal.

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20
Oct

EUROPE: Naturgy inks LNG bunkering agreement with Ibaizabal

Naturgy has been awarded a second contract by Ibaizabal which will see the Spanish natural gas and electrical energy utilities company carry out nearly 100 LNG bunkering operations at the Port of Bilbao over the next two years.

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20
Oct

ASIA PACIFIC: DNV GL grants AiP for OceanGuard marine LNG fuel gas supply system

DNV GL has granted Approval in Principle (AiP) to Qingdao-based Headway Technology’s OceanGuard marine LNG fuel gas supply system (FGSS).

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20
Oct

EUROPE: Petrol Ofisi inks fuel supply deal with IDO

Turkish marine fuel and lubes company Petrol Ofisi has signed a three-year agreement with Istanbul Fast Ferries (IDO).

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20
Oct

ASIA PACIFIC: Refining facing ‘sustained challenges’ due to decarbonisation imperative

As refiners adjust to sharply reduced energy demand this year and brace for the impact of the energy transition, Wood Mackenzie research director Sushant Gupta suggests that integration with petrochemicals and upgrading facilities ‘will provide optionality to maximise margins’.

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20
Oct

ASIA PACIFIC: Wärtsilä providing fuel supply and cargo handling systems for new VLECs

Wärtsilä will be providing fuel supply and cargo handling systems for two new very large ethane carriers (VLECs) being built at the Samsung Heavy Industries (SHI) shipyard in South Korea, with an option for a third vessel.

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19
Oct

GLOBAL: Harvey Gulf opts for tri-fuel conversions

Wärtsilä will supply its advanced Energy Storage System (ESS) for retrofit on four Harvey Energy class dual-fuelled Platform Supply Vessels (PSVs).

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19
Oct

GLOBAL: Stena Bulk teams up with OGCI on carbon capture for shipping

Stena Bulk will be working with the Oil and Gas Climate Initiative (OGCI) on a feasibility study to evaluate the technical and economic challenges involved when capturing carbon dioxide onboard ships while at sea.

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19
Oct

AMERICAS: US residual fuel oil demand falls to 84-year low

Deliveries of residual fuel oil in the United States last month were 245,000 barrels per day (b/d) – the lowest for the month of September since 1936.

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19
Oct

GLOBAL: Mitsubishi Shipbuilding awarded AiP for LNG fuel gas supply system

Mitsubishi Shipbuilding Co. has received approval in principle (AiP) from Bureau Veritas for an LNG fuel gas supply system (FGSS) for a marine four-stroke dual fuel engine.

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Bunker Prices - 20/10/2020

LOCATION

380

MGO

VLSFO

Buenos Aires

450

355

Busan

312

372

350

Durban

473

378

Fujairah

278

438

340

Gibraltar

292

375

340

Hong Kong

290

343

325

Houston

265

360

307

Istanbul

390

340

Las Palmas

297

375

344

Los Angeles

260

386

348

Malta (off)

292

362

330

Mumbai

314

443

377

New York

266

355

333

Panama Canal

292

378

327

Piraeus

292

369

346

Rotterdam

254

330

309

Santos

332

439

332

Shanghai

308

412

351

Singapore

285

350

340

St. Petersburg

247

332

300

Suez

292

416

360

Tokyo

305

340

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