Subscribers' News Board

22
Feb

GLOBAL: Restructuring at DSR to include 150 layoffs

Continuation of low oil and gas prices and a knock-on reduction in ship repair projects forces Damen Shiprepair & Conversion (DSC) to cut costs across its three Dutch yards.

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22
Feb

EUROPE: Bunkering ops resume in Strait of Gibraltar ports

Bunker deliveries are back to normal at the ports of Gibraltar, Algeciras and Ceuta as weather conditions improve.

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22
Feb

EUROPE: Alexela’s Paldiski LNG terminal receives EU funding setback

Alexela says it will push ahead with plans to build the Estonian terminal despite being told it is not eligible for financial support from the European Commission (EC).

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22
Feb

GLOBAL: WFS details response to recent tax assessments in a number of jurisdictions

Company says that assessments made by Seoul regional tax authorities for allegedly failing to issue VAT invoices and report certain transactions during 2011-2014 ‘are without merit and [we] are currently appealing the actions.’

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22
Feb

ASIA PACIFIC: HK and Guangdong government to detail emissions reduction findings

A review of air pollutant emission reduction results for 2015 is expected to be completed in the first half of 2017.

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22
Feb

AMERICAS: Matson sees Q4 2016 income dip y-o-y

Final quarter results were negatively impacted by a hike in bunker fuel prices from mid-November through to December, and the timing of fuel surcharge collections.

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22
Feb

AFRICA: Grindrod prepares for headline loss

The company expects headline loss for the year ended 31 December 2016 to be between $34.69 million and $35.45 million.

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22
Feb

AMERICAS: LNG-fuelled newbuilding reaches milestone

Crowley Maritime sets LNG-powered engine in El Coqui which will be used in ocean cargo trade between Jacksonville and Puerto Rico.

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22
Feb

ASIA PACIFIC: Chinese LNG carrier to support domestic LNG bunkering stations

Ship is powered by a Wärtsilä 5RT-flex50DF unit developed by Winterthur Gas & Diesel.

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Bunker Prices - 22/02/2017

LOCATION

380

180

MGO

Buenos Aires

340

350

660

Busan

355

370

530

Durban

340

540

Fujairah

329

380

559

Gibraltar

323

338

525

Hong Kong

338

350

515

Houston

292

406

498

Istanbul

336

356

554

Las Palmas

325

340

525

Los Angeles

358

0

536

Malta (off)

316

337

514

Mumbai

350

0

630

New York

320

358

501

Panama Canal

319

348

528

Piraeus

329

349

525

Rotterdam

305

323

471

Santos

318

350

705

Shanghai

350

410

620

Singapore

323

343

510

St. Petersburg

264

274

461

Suez

365

390

675

Tokyo

366

372

485

bunker jobs 230