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08
Feb

GLOBAL: Coin ceremony held for MSC Group’s Explora II cruise ship

A coin ceremony has been held for Explora II, the second in a series of six vessels for MSC Group’s Explora Journeys, at the Fincantieri shipyard in Sestri Ponente, Genoa.

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08
Feb

GLOBAL: Anemoi’s rotor sail systems gain AiP from Liberian Registry

The Liberian Registry has awarded an Approval in Principle (AiP) to UK-based Anemoi Marine Technologies for its Rotor Sail systems.

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08
Feb

AMERICAS: Intertek Lintec flags up high sediment content in Houston VLSFO

Over the last two weeks, testing agency Intertek Lintec has tested very low sulphur fuel oil (VLSFO) samples from vessels that have bunkered in Houston that indicate sediment content ranging from 0.18 to 0.27% mass, thereby exceeding the ISO 8217 0.10% mass limit

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08
Feb

MEBC: Shipping is not on track to meet Paris 1.5oC target and IMO GHG timelines

With shipping emissions set to rise this year, alternative-fuelled vessels as yet accounting for a fraction of the global fleet and more clarity still required from regulators, from the standpoint of early 2023 the industry looks set to fall short of meeting emissions reduction targets, Cem Saral, CEO of the Cockett Group, told delegates today at the opening of this year’s Middle East Bunkering Convention in Dubai.

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08
Feb

ASIA PACIFIC: TotalEnergies Marine Fuels and Hapag-Lloyd kick off biofuel term supply agreement in Singapore

TotalEnergies Marine Fuels has announced it has successfully completed its first bunkering of a Hapag-Lloyd container vessel in Singapore with sustainable, UCOME (Used Cooking Oil Methyl Ester)-based, marine biofuel.

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08
Feb

GLOBAL: Uniper and Greenko eyeing plans for offtake of green ammonia from India to Europe

Uniper and Greenko ZeroC have signed a Memorandum of Understanding (MoU) to enter into exclusive negotiations for the offtake of green ammonia from Phase 1 of Greenko ZeroC’s ammonia production facility in Kakinada.

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08
Feb

EUROPE: Reygar bags UK funding to develop and enhance vessel performance monitoring technology

Vessel monitoring and control solutions provider, Reygar, has won InnovateUK funding to develop new features for its BareFLEET product in collaboration with Singapore-based designer, builder, owner and operator of high-speed aluminium craft, Penguin International Limited.

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08
Feb

GLOBAL: TotalEnergies posts $20.5 billion net income for 2022

Joining the ranks of energy majors posting strong financial results for 2022, TotalEnergies has announced a net income of $20.5 billion, which was up 28% year-on-year (y-o-y).

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08
Feb

GLOBAL: Maersk reports ‘extraordinary financial performance’ for 2022, but expects a more ‘muted’ market in 2023

Global shipping giant A.P. Moller – Maersk (Maersk) has today (8 February) reported an ‘unprecedented’ and ‘extraordinary financial performance’ for 2022, with a revenue up 32% year-on-year (y-o-y) at $81.5 billion and an EBIT up 57% to $30.9 billion.

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08
Feb

GLOBAL: Sing Fuels launches Sustainability Desk; appoints Chief Sustainability And Innovation Officer

Sing Fuels has today (8 February) announced the launch of a new Sustainability Desk and the appointment of Chief Sustainability and Innovation Officer, Mahesh Kumar.

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07
Feb

GLOBAL: Tianjin Southwest exercises option for LPG carrier dual-fuel retrofits

COSCO Shipping Heavy Industry (Guangdong) is to retrofit the main engines of two Tianjin Southwest Maritime LPG carriers to run on LPG.

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07
Feb

EUROPE: Grant Shapps appointed UK Energy Security and Net Zero Secretary

In a UK government reshuffle announced today (7 February), Grant Shapps has been appointed the Secretary of State at the newly-created Department for Energy Security and Net Zero.

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07
Feb

EUROPE: UK Government funding good news for ports exploring shore power, says BPA

The British Ports Association says the UK Government’s newly launched Zero Emission Vessels and Infrastructure (ZEVI) is good news for ports that are mulling the installation of cold ironing infrastructure.

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Bunker Prices - 08/02/2023

LOCATION

380

MGO

VLSFO

Buenos Aires

1287

662

Busan

460

855

680

Durban

1267

800

Fujairah

380

1132

645

Gibraltar

430

904

620

Hong Kong

468

880

670

Houston

405

936

630

Istanbul

975

675

Las Palmas

435

919

635

Los Angeles

505

1030

745

Malta (off)

460

1040

625

Mumbai

547

1285

765

New York

448

1025

658

Panama Canal

437

942

670

Piraeus

411

905

710

Rotterdam

400

825

595

Santos

656

1008

656

Shanghai

470

990

670

Singapore

400

825

655

St. Petersburg

335

795

535

Suez

470

1280

789

Tokyo

471

979

695

Bunkerspot Price Index

bpi Small