Subscribers' News Board

20
May

GLOBAL: IMO to reconvene on 2020 later this year

The International Maritime Organization (IMO) plans to hold a seminar on the 0.50% sulphur regulation at its London headquarters in autumn to provide an opportunity for wider stakeholder engagement.

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20
May

EUROPE: Vessel emissions monitoring underway in London

An £80,000 network of air pollution monitors, funded by the Port of London Authority (PLA), is in place, ready to record the effect of emissions locally from cruise ships docking in the city’s Greenwich borough this summer.

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20
May

MIDDLE EAST: UAE added to JWC risk list after tanker attacks

Following the attacks on four tankers in Fujairah on 12 May, Lloyd’s Market Association’s Joint War Committee (JWC) has added the United Arab Emirates (UAE) to its list of area at risk from war, piracy, terrorism and related perils.

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20
May

AMERICAS: New study finds only high-pressure dual-fuel engines can reduce WtW GHG emissions by 10%

A new study from a team of researchers based at the University of British Columbia has indicated that ‘only high-pressure dual-fuel (HPDF) engines robustly reduce well-to-wake GHG emissions by 10% compared with their HFO-fuelled counterparts’.  

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20
May

AMERICAS: Carlyle Group mulling stake sale in Corpus Christi oil export project?

The group is reported to be discussing the $625 million divestment of a 25% interest in the Texan crude oil export terminal.

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20
May

GLOBAL: ICS: ‘Important’ MEPC 74 decisions will help industry on its way to GHG emissions targets

Following agreement on a range of draft guidelines at the 74th session of the Marine Environment Protection Committee (MEPC 74) last week, the International Chamber of Shipping (ICS) remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008, in line with IMO targets to reduce greenhouse gas (GHG) emissions.

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20
May

MIDDLE EAST: MSC AND Abu Dhabi Ports ink deals on Khalifa Port expansion

Under the terms of new joint venture and concession agreements, MSC subsidiary Terminal Investment Ltd has committed to support the development of container handling at the port.

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20
May

MIDDLE EAST: OOMCO gives green light for Duqm bunker terminal

The Board of Directors of the Oman Oil Marketing Company has approved the construction of an in-port bunker terminal with 30,000 cbm tank capacity.

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20
May

GLOBAL: MEPC 74: Agreed draft amendments ‘give more clarity to all stakeholders’, says IBIA

‘We fought for acceptable and common-sense outcomes, and while we would have wished for some things to have gone differently, workable compromises were found in most cases,’ says the International Bunker Industry Association (IBIA).

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17
May

GLOBAL: Slow steaming put on the back burner at MEPC

The issue of mandatory slow steaming remains on the table after Member States failed to agree on which of the 15 candidate measures to discuss first.

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IMO 2020 news updates

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Bunker Prices - 20/05/2019

LOCATION

380

180

MGO

Buenos Aires

475

770

Busan

457

477

673

Durban

445

445

740

Fujairah

425

462

727

Gibraltar

430

455

662

Hong Kong

435

446

651

Houston

416

482

649

Istanbul

445

470

695

Las Palmas

435

460

657

Los Angeles

434

0

770

Malta (off)

428

447

658

Mumbai

484

496

750

New York

440

471

655

Panama Canal

441

480

642

Piraeus

431

455

664

Rotterdam

411

432

627

Santos

437

469

761

Shanghai

440

454

710

Singapore

429

465

653

St. Petersburg

377

465

631

Suez

415

419

690

Tokyo

452

464

785

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