Subscribers' News Board

22
May

EUROPE: ‘Varied picture’ for Port of Antwerp’s 2020 freight volumes

The coronavirus impacted on freight throughput at the Port of Antwerp in April, but volumes were still up 0.4% overall during the first four months of 2020 compared with the same period last year.

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22
May

EUROPE: Portugal approves €7 billion investment in hydrogen-based power generation

Portugal’s Council of Ministers on Thursday (21 May) gave the green light to a National Energy and Climate Plan 2030 and the EN-H2 National Hydrogen Strategy.

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22
May

EUROPE: Port of Helsinki ‘temporarily dismisses its entire personnel’

Finland’s Port of Helsinki has announced that, as part of a cost reductions plan necessitated by the coronavirus pandemic, all its personnel will be ‘temporarily dismissed’.

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22
May

GLOBAL: Rosneft increases VLSFO production in Q1 2020

The Russian energy company supplied 112,000 metric tonnes of its IMO 2020-compliant RMLS 40 low sulphur bunker fuel to domestic and overseas shipowners in the first three months of the year.

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22
May

ASIA PACIFIC: Woodside Petroleum ‘improving’ Vincent crude to target VLSFO demand

Woodside Petroleum will be looking to improve the quality of Vincent crude from July onwards by raising its flash point so it can be blended into very low sulphur fuel oil (VLSFO), according to a report published by Reuters.

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21
May

ASIA PACIFIC: Straits Inter Logistics records 159.3% surge in annual revenue

Announcing revenue of RM663.2 million for FY 2019, Malaysia’s Straits Inter Logistics attributed much of the rise to an increase in demand for high sulphur fuel oil and the start of VLSFO supply.

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21
May

GLOBAL: ABS launches new guide for wind-assisted propulsion systems

ABS has published a new guide which provides class safety standards when installing wind-assisted systems.

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21
May

EUROPE: Nedstack details progress on hydrogen-fuelled inland vessel project

Fuel cell manufacturer Nedstack is working with project partners to develop a hydrogen-electric drivetrain for marine applications – if all goes to plan, the inland vessel Antonie van Lenten will run on hydrogen within three years.

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21
May

AMERICAS: EIA: Number of active US crude oil and natural gas rigs is lowest on record

At total of 339 US oil and natural gas drilling rigs were in operation on 12 May – a 56% decrease since 17 March and the lowest level in the Baker Hughes Company’s rig count data series that began back in 1987.

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IMO 2020 Small

IMO 2020 news updates

Bunker Prices - 22/05/2020

LOCATION

380

MGO

VLSFO

Buenos Aires

455

290

Busan

272

338

312

Durban

455

365

Fujairah

188

368

279

Gibraltar

232

323

280

Hong Kong

224

282

266

Houston

200

297

255

Istanbul

310

270

Las Palmas

325

285

Los Angeles

300

285

Malta (off)

257

322

284

Mumbai

271

387

293

New York

215

312

275

Panama Canal

245

330

285

Piraeus

227

293

283

Rotterdam

185

256

239

Santos

258

365

258

Shanghai

250

374

280

Singapore

208

306

273

St. Petersburg

160

270

210

Suez

245

415

Tokyo

226

458

272

Bunkerspot Price Index

bpi Small

Port Reports

Port reports Small