Subscribers' News Board

23
Jul

AMERICAS: BP and Bunge form biofuels JV

BP has formed a 50:50 joint venture with Bunge that will combine their biofuels businesses in Brazil and create a ‘world-scale’ producer of sugarcane ethanol.

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23
Jul

EUROPE: Maersk containership stopped in Algeciras over emissions breach

Maersk provides clarification to Bunkerspot about the incident involving the Singapore-flagged Maersk Sembawang, which was required to pay €20,000 before it was allowed to leave the Spanish port.

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23
Jul

ASIA PACIFIC: Kawasaki begins construction of hydrogen facility

Kawasaki Heavy Industries (Kawasaki) and its Melbourne-based subsidiary, Hydrogen Engineering Australia Pty (HEA), have commenced work on a hydrogen liquefaction and loading terminal at the Port of Hastings.

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23
Jul

GLOBAL: US to impose sanctions on Chinese energy firm for buying Iranian oil

Secretary of State Michael Pompeo has announced that the US is to impose sanctions against the Chinese energy firm Zhuhai Zhenrong Company Limited and its chief executive for ‘knowingly purchasing or acquiring oil from Iran’.

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23
Jul

GLOBAL: Study shows that flywheel integration optimises battery lifetime

Dutch system integrators RH Marine and Bakker Sliedrecht say they have succeeded in incorporating a flywheel on a hybrid power plant.

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23
Jul

AMERICAS: PES Energy Inc. files for Chapter 11 protection; secures DIP financing

Following a devastating fire last month at its refinery, the largest complex on the US East Coast, PES Energy says the new funding will enable it to move forward on rebuilding the damaged refinery infrastructure and resume refining operations.

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23
Jul

EUROPE: IMO hosting symposium on IMO 2020 and alternative fuels

The International Maritime Organization (IMO) will be holding a symposium on 17-18 October which will take stock of the industry’s preparations for the IMO 2020 0.50% global sulphur cap and also look at the alternative fuels which can help achieve the decarbonisation of shipping.

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23
Jul

MIDDLE EAST: UK government calls for ‘European-led’ maritime protection mission

Foreign Secretary Jeremy Hunt has announced that the UK government is seeking to put together a ‘European-led maritime protection mission’ for the Gulf.

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23
Jul

EUROPE: Estonian ferry company opts for hybrid retrofit

TS Laevad OÜ has signed an agreement with the Estonian shipbuilding company Baltic Workboats AS to convert its Tõll ferry, which operates on the Virtsu-Kuivastu line, into a battery-powered hybrid ship.

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23
Jul

EUROPE: Shipoil appoints Inatech to digitalise trading and supply operations ahead of IMO 2020

‘At this critical juncture in terms of both our own expansion and the onset of new fuel regulations, it is critical that we employ systems that optimise and streamline our bunker decision-making process,’ says George Tsoris, Managing Director of Piraeus-based bunker fuel and marine lubricants trader, Shipoil.

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IMO 2020 Small

IMO 2020 news updates

Bunker Prices - 23/07/2019

LOCATION

380

180

MGO

Buenos Aires

510

770

Busan

479

502

636

Durban

488

488

740

Fujairah

424

453

700

Gibraltar

420

450

631

Hong Kong

520

530

605

Houston

383

438

609

Istanbul

415

435

645

Las Palmas

415

437

625

Los Angeles

442

619

Malta (off)

416

438

631

Mumbai

507

513

750

New York

398

430

600

Panama Canal

385

425

600

Piraeus

388

410

608

Rotterdam

369

390

564

Santos

439

471

748

Shanghai

515

525

742

Singapore

453

490

602

St. Petersburg

355

455

579

Suez

405

414

637

Tokyo

485

492

750