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18
Jul

GLOBAL: GCMD rounds off biofuel blend supply chain trial with Hapag-Lloyd boxship bunkering

The Global Centre for Maritime Decarbonisation (GCMD) has announced it has successfully completed its final supply chain trial for biofuel blended with very low sulphur fuel oil (VLSFO).

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18
Jul

AMERICAS: Canadian ocean research vessel to combine zero-emissions and 'ultra-silent' running

Oceans North, in partnership with Miawpukek Horizon Maritime Services, Allswater, and MEOPAR, has received $125,000 project funding from the Government of Canada to design a zero-emission ocean research vessel.

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17
Jul

AMERICAS: Port of Long Beach records busiest June on record

The Port of Long Beach has reported the busiest June on record, driven by ‘vibrant’ consumer spending, potential tariff increases and ongoing labour contract negotiations at seaports on the East and Gulf coasts.

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17
Jul

EUROPE: Port of Barcelona opens first OPS system at Hutchison Ports BEST terminal

The Port of Barcelona today (17 July) opened its first Onshore Power Supply system (OPS) at Hutchison Ports BEST container terminal.

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17
Jul

BUNKER HUB PRICE WATCH: Singapore

High sulphur fuel oil (HSFO), very low sulphur fuel oil (VLSFO) and low sulphur marine gasoil (LSMGO) prices decreased week-on-week at the Port of Singapore, according to Bunkerspot Price Index (BPi) data.

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17
Jul

EUROPE: New standard for residual marine fuels with a FAME blend component

Netherlands standards organisation NEN has published NEN 7427-1 for residual marine fuels featuring fatty acid methyl esters (FAME) as a blend component, with the aim that this standard will be complementary to ISO 8217.

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17
Jul

EUROPE: Grants to support EU ports’ infrastructure upgrades

The European Commission has selected 134 transport projects – including those aimed at developing cold ironing facilities in EU ports – to receive over €7 billion in grants from the Connecting Europe Facility (CEF).

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17
Jul

GLOBAL: Price reporting agency QCI completes £12.5 million Series A funding

Quantum Commodity Intelligence (QCI), a price reporting agency for oil, carbon, biofuels and ammonia markets, has announced that it has raised £12.5 million in growth capital.

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17
Jul

EUROPE: Squire Patton Boggs opens Geneva office

Law firm Squire Patton Boggs has opened an office in Geneva which will be led by financial services partner and Commodities & Shipping group co-head Kate Sherrard.

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17
Jul

EUROPE: Scottish Government details plans to procure seven electric ferries

A process to procure seven new electric ferries to serve the Clyde and Hebrides network is underway.

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17
Jul

AMERICAS: Canada providing $1.7 million funding for Green Shipping Corridor projects

Canada’s Ministry of Transport has announced that $1.7 million funding is being made available for 14 projects under the Green Shipping Corridor Program’s Clean Vessel Demonstration stream.

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17
Jul

ASIA PACIFIC: Vopak extends global footprint with new Tokyo office

Vopak has announced the opening of a new office in Tokyo as part of its strategy to accelerate its new energies and LNG business and to offer terminal infrastructure solutions for Japanese companies undergoing the energy transition.

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17
Jul

EUROPE: Innovate UK launches new competition for maritime innovation funding

Companies operating in the southwest of the UK are being invited to apply for a share of up to £3 million for projects that focus on marine autonomy, clean maritime and digital ocean technologies.

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Bunker Prices - 18/07/2024

LOCATION

380

MGO

VLSFO

Buenos Aires

1103

628

Busan

559

747

622

Durban

1060

737

Fujairah

514

840

618

Gibraltar

556

807

609

Hong Kong

534

738

624

Houston

491

765

604

Istanbul

595

825

645

Las Palmas

561

822

624

Los Angeles

537

839

647

Malta (off)

556

802

611

Mumbai

545

1131

652

New York

545

800

629

Panama Canal

493

805

616

Piraeus

559

815

668

Rotterdam

510

732

576

Santos

860

645

Shanghai

552

782

632

Singapore

522

742

621

St. Petersburg

470

740

577

Suez

617

1030

705

Tokyo

617

872

685

Bunkerspot Price Index

bpi Small