Subscribers' News Board

23
Sep

EUROPE: NewClimate Institute: EU can foster decarbonisation in the transport sector

Germany-based NewClimate Institute says ‘adapting, upscaling and expanding EU policies would bring the transport sector in line with a greenhouse gas emissions pathway compatible with the Paris Agreement, including a -65% emission reduction target by 2030 compared to 1990 levels.’

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23
Sep

GLOBAL: ABB to power P&O Ferries’ two new hybrid vessels

ABB will be supplying electric, digital and connected solutions for P&O Ferries’ two new hybrid-power vessels that are being built at the Guangzhou shipyard in China.

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23
Sep

GLOBAL: Rystad: ‘Energy transition could push oil majors to sell or swap oil and gas assets of more than $100 billion’

As the energy market stands ‘on the brink of a major transition to cleaner sources of energy’, consultancy Rystad Energy believes the world’s largest oil and gas firms will need to ‘streamline their portfolios significantly to improve cash flow, cost efficiency and competitiveness’.

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23
Sep

EUROPE: Study highlights potential for carbon capture in the shipping sector

A new study by PMW Technology, working with the University of Chester, naval architects Houlder and Tees Valley Combined Authority, finds that carbon capture using a cryogenic A3C process could achieve marine decarbonisation at 50% of a comparable cost for zero  carbon fuels.

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23
Sep

GLOBAL: Oilmar expands into bunker trading

Oilmar Shipping and Chartering started a Dubai-based bunker trading operation on 15 September, under the brand name Oilmar DMCC.

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23
Sep

GLOBAL: Esben Poulsson reappointed as ICS Chairman

The board of the International Chamber of Shipping (ICS) has reappointed Esben Poulsson, the current Chairman, for a further two-year term, while Gerardo Borromeo from the Philippines was also appointed as a Vice Chair in succession to Mark Martecchini from Liberia.

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23
Sep

EUROPE: New COO appointed at Port of Rotterdam Authority

Boudewijn Siemons has been appointed as the new Chief Operating Officer (COO) of the Port of Rotterdam Authority.

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23
Sep

EUROPE: Stena looking at use of recycled batteries for port charging stations

Stena is working on a project, part-financed by the European Union, to investigate how batteries from the transport sector can be reused for energy storage in ports.

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23
Sep

ASIA PACIFIC: Singapore looking to ‘spur decarbonisation in harbourcraft’

As part of their drive towards a ‘low carbon future’, the Maritime and Port Authority of Singapore (MPA) and the Singapore Maritime Institute (SMI) have launched a joint call for proposals on the electrification of harbourcraft.

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22
Sep

GLOBAL: DNV GL: Ammonia and methanol are fuels for the future, but LNG is a ‘robust’ choice for today

In a webinar presenting its new Maritime Forecast to 2050, DNV GL said that ammonia and methanol are ‘promising fuels’ for the future – but added that ‘installing a dual-fuel engine is a robust choice for today’.

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22
Sep

GLOBAL: CMA CGM names LNG-fuelled boxship giant

Named after CMA CGM’s founder, the 23,000 twenty-foot equivalent unit (TEU)-capacity CMA CGM Jacques Saadé is the first in a series of nine LNG-fuelled containership being built for the French shipping company.

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22
Sep

GLOBAL: Clean Arctic Alliance renews calls for climate change action

Reacting to recent reports of a ‘polar heatwave’ and the Arctic summer sea ice minimum reaching its second lowest extent in the 42-year satellite record, the Clean Arctic Alliance has renewed its calls for world leaders to take ‘urgent action’ on climate change.

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22
Sep

EUROPE: Hopper dredger achieves biofuel operation record

Jan De Nul’s trailing suction hopper dredger, Alexander von Humboldt, has completed 2,000 hours of operation on 100% renewable, second-generation biofuel oil – the longest continuous use of this fuel type in the maritime sector.

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Bunker Prices - 23/09/2020

LOCATION

380

MGO

VLSFO

Buenos Aires

490

365

Busan

303

377

343

Durban

460

364

Fujairah

260

435

336

Gibraltar

287

358

313

Hong Kong

280

333

309

Houston

253

345

317

Istanbul

360

305

Las Palmas

290

357

306

Los Angeles

260

390

350

Malta (off)

290

360

317

Mumbai

308

443

363

New York

264

341

325

Panama Canal

291

370

315

Piraeus

298

357

326

Rotterdam

246

312

288

Santos

319

422

319

Shanghai

286

395

329

Singapore

260

339

329

St. Petersburg

231

342

293

Suez

280

374

310

Tokyo

300

380

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