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22
Sep

EUROPE: Arup: Decarbonising UK freight presents opportunities for coastal shipping

A recent study from Arup has shown that more than a quarter of the UK’s container traffic could be moved by coastal shipping rather than heavy goods vehicles (HGVs) – which, according to Arup Director Darren Briggs, would not only ‘deliver significant benefits in terms of congestion and emissions but also reduce logistics costs and support the growth of regional economies’.

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22
Sep

GLOBAL: SCZONE and Shell discuss green fuel projects, LNG bunkering

A delegation from the Suez Canal Economic Zone (SCZONE) has met with Shell officials to discuss green hydrogen projects as well as the possibility to establish LNG bunkering operations in Egyptian ports.

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22
Sep

EUROPE: ORLEN to build oilseed processing plant to boost biofuels capability

ORLEN Południe, a part of the ORLEN Group, has signed a contract for the construction of a new oilseed processing plant located at Kętrzyn in the Polish Province of Olsztyn.

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22
Sep

GLOBAL: Trans-Pacific green corridor implementation plans unveiled

Implementation plans for the first trans-Pacific green shipping corridor have been unveiled today (22 September).

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22
Sep

ASIA PACIFIC: Ten years at the top for Singapore

Singapore has retained its ranking as the world’s top maritime centre in the Xinhua- Baltic International Shipping Centre Development (ISCD) Index for the tenth consecutive year.

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22
Sep

ASIA PACIFIC: ICS opens new Representative Office in Shanghai

The International Chamber of Shipping (ICS) has opened a new Representative Office in Shanghai located in the North Bund area of the city’s Hongkou District.

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22
Sep

GLOBAL: Autonomous zero-emission shortsea boxship enters design phase

Belgium-based Zulu Associates has contracted Conoship International to advance the design of the Zulu Mass 200 twenty-foot equivalent unit (TEU) shortsea container vessel, which will be powered by zero-emission propulsion technology.

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22
Sep

ASIA PACIFIC: KR updates technical rules to reflect requirements for wind propulsion systems and carbon capture

Korea Register (KR) has issued a notice for amendments to its Technical Rules on preventing pollution from ships which add requirements about the arrangement of wind assisted propulsion systems, and also update the requirements for onboard carbon capture and storage systems.

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21
Sep

GLOBAL: Fratelli Cosulich achieves ISCC certification

Maritime services provider Fratelli Cosulich has announced it has attained the International Sustainability and Carbon Certificate (ISCC).

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21
Sep

GLOBAL: COSCO inks agreement for ‘green methanol industrial chain’

In a ‘milestone’ move which it says will include ‘the production, transportation, refuelling, and certification of green methanol for ships’, COSCO Shipping has signed a Memorandum of Cooperation on ‘the construction of a green methanol industrial chain’ with China’s State Power Investment Corporation (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection Group (CCIC).

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21
Sep

BUNKER HUB PRICE WATCH: Houston

High sulphur fuel oil (HSFO), very low sulphur fuel oil (VLSFO) and low sulphur marine gasoil (LSMGO) prices fell week-on-week in Houston, according to Bunkerspot Price Index (BPi) data.

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21
Sep

GLOBAL: LR: Yacht industry ‘urgently needs a consolidated approach’ to measuring and improving its environmental impact

The superyacht industry is making positive progress towards finding effective ways to measure a yacht’s environmental impact, says Lloyd’s Register (LR) Yacht Segment Director, Engel-Jan de Boer, but there is still ‘an urgent need for these efforts to be consolidated’.

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21
Sep

MIDDLE EAST: SCZONE and Brazilian ambassador discuss green fuel opportunities

The Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE), Waleid Gamal El-Dien, has met with the Brazilian Ambassador to Cairo, Paulino Franco de Carvalho Neto, to discuss cooperation between SCZONE and Brazil in areas of common interest, including green fuel for shipping.

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Bunker Prices - 22/09/2023

LOCATION

380

MGO

VLSFO

Buenos Aires

1109

727

Busan

565

947

674

Durban

1158

748

Fujairah

514

974

655

Gibraltar

631

1024

652

Hong Kong

550

960

674

Houston

564

1015

660

Istanbul

690

1075

725

Las Palmas

636

1039

667

Los Angeles

552

1233

712

Malta (off)

1015

645

Mumbai

627

1366

714

New York

593

1059

680

Panama Canal

572

1050

675

Piraeus

605

1023

710

Rotterdam

585

967

619

Santos

997

690

Shanghai

548

976

680

Singapore

528

946

663

St. Petersburg

490

790

615

Suez

620

1055

725

Tokyo

591

921

692

Bunkerspot Price Index

bpi Small