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Bunker Fuel News

Mauritius Receives International Aid as Bunker Fuel Spill SpreadsMauritius Receives International Aid as Bunker Fuel Spill SpreadsCountries around the world are rushing to the aid of Mauritius after the island nation’s prime minister declared a national emergency as oil continues to leak into the environmentally sensitive area from the grounded bulk carrier Wakashio.09 August 2020 Sunday 11:56
Bunker Fuel Spill Hits Venezuelan National ParkBunker Fuel Spill Hits Venezuelan National ParkA vessel appears to be the source of an oil spill washing up on the shores of Venezuela's Moroccoy National Park, according to satellite imagery and AIS analysis conducted by TankerTrackers.com.05 August 2020 Wednesday 13:00
China’s New Bunker Fuel Contract Drawing Strong InterestChina’s New Bunker Fuel Contract Drawing Strong InterestChina’s marine fuel futures contract that debuts on Monday on the Shanghai International Energy Exchange (INE) is likely to attract strong interest, despite weakened ship fuel demand amid the coronavirus pandemic, industry participants said.20 June 2020 Saturday 10:10
Bunker prices slip, high-low sulphur spread narrows to $56Bunker prices slip, high-low sulphur spread narrows to $56Marine fuel prices have dropped significantly this week with the low sulphur grade nearing below $200 per metric tonne (pmt), narrowing its price differential with the high sulphur grade.27 April 2020 Monday 09:55
IMO 2020: Low sulphur fuel prices surge, discount to MGO vanishesIMO 2020: Low sulphur fuel prices surge, discount to MGO vanishesWith the coming into force of IMO 2020 very low sulphur fuel oil (VLFSO) prices have surged since mid-December nullifying the discount to marine gas oil (MGO).11 January 2020 Saturday 10:31
Petronas ready to start LNG bunkering in Malaysia from January 2020Petronas ready to start LNG bunkering in Malaysia from January 2020Malaysia’s Petronas is poised to provide LNG bunkering services starting 1 January 2020 as part of efforts to support the government’s move towards developing the country as a bunkering hub.16 September 2019 Monday 16:20
Alfa Laval Warns of Cat Fines Risks in Post-2020 Bunker FuelsAlfa Laval Warns of Cat Fines Risks in Post-2020 Bunker FuelsOn the sidelines of the SMM 2018 trade show in Hamburg, MarEx editor-in-chief Tony Munoz spoke with Alfa Laval's vice president of marine separation, Niclas Dahl, about the company's efforts to prepare for the IMO's 2020 fuel sulfur regulation.05 September 2018 Wednesday 10:2
Singapore Reports Higher May Bunker Fuel SalesSingapore Reports Higher May Bunker Fuel SalesSingapore marine fuel sales climbed to a four-month high of 4.283 million tonnes in May, up 1.2 percent from the previous month and 2.5 percent higher compared with a year ago15 June 2018 Friday 12:51
Safety Alert – Bad Bunker Fuel Causing Problems for Vessels on U.S. Gulf CoastSafety Alert – Bad Bunker Fuel Causing Problems for Vessels on U.S. Gulf CoastNote: Below is a Safety Alert distributed at the request of the U.S. Coast Guard’s Office of Investigations and Analysis following a series of fuel system issues impacting several of vessels which had bunkered in Houston, Texas.13 June 2018 Wednesday 12:23
ONE Joins Rivals in Introducing Emergency Bunker Fuel SurchargeONE Joins Rivals in Introducing Emergency Bunker Fuel SurchargeFreshly-minted Japanese container shipping line Ocean Network Express (ONE) has become the latest box line to introduce an emergency bunker fuel surcharge due to rising fuel prices over the last several months.09 June 2018 Saturday 12:53
Maersk Line Introduces Bunker Fuel Surcharge to Counter Crude Price RiseMaersk Line Introduces Bunker Fuel Surcharge to Counter Crude Price RiseThe world’s largest container shipping company Maersk Line is increasing prices because of a surge in the cost of bunker fuel.26 May 2018 Saturday 14:15
Bomin Group Launches 2020-Compliant Ultra-Low Sulphur Bunker Fuel at Europe’s Busiest PortsBomin Group Launches 2020-Compliant Ultra-Low Sulphur Bunker Fuel at Europe’s Busiest PortsGermany-based Bomin Group, a leading supplier and trader of bunker fuel, has started delivering Ultra-Low Sulphur Fuel Oil to vessels calling in the busy Amsterdam-Rotterdam-Antwerp (ARA) region, home to two of Europe’s busiest ports.25 May 2018 Friday 12:49
Two Brightoil Employees Charged in Singapore Bunker Fuel TheftTwo Brightoil Employees Charged in Singapore Bunker Fuel TheftTwo employees of Brightoil Petroleum (Singapore) Pte Ltd were charged in court in the city-state this week for their alleged involvement in the theft of marine fuel on board a company barge, a company executive said in a statement on Thursday.09 February 2018 Friday 14:09
Chinese Salvage Team Trying to Remove Bunker Fuel from Sunken Sanchi Oil TankerChinese Salvage Team Trying to Remove Bunker Fuel from Sunken Sanchi Oil TankerChinese salvage crews are still trying to remove 1,900 tonnes of bunker fuel, the heavy oil used in ship engines, from a sunken Iranian oil tanker, the Ministry of Transport said on Thursday, almost a month after it collided with a freight ship.02 February 2018 Friday 13:20
Gunvor Gets Go-Ahead for Bunker Fuel Refinery Upgrade in Port of RotterdamGunvor Gets Go-Ahead for Bunker Fuel Refinery Upgrade in Port of RotterdamThe Netherlands has given provisional approval to Gunvor to add a fuel upgrading unit at its Rotterdam refinery, according to a document seen by Reuters, as the international oil trader prepares for tough new environmental rules on shipping fuels.26 January 2018 Friday 14:11
Sri Lanka’s bunker fuel sales to drop 30-35%, after effect of India’s GST cutSri Lanka’s bunker fuel sales to drop 30-35%, after effect of India’s GST cutSeven weeks after its competitor, India, slashed its goods and services tax on bunker fuel, marine fuel sales at Sri Lanka’s ports are expected to fall 30-35% to usual traded levels, bunker suppliers said this week.24 November 2017 Friday 15:15
Istanbul bunker fuel price reach nine-month high over NovorossiiskIstanbul bunker fuel price reach nine-month high over NovorossiiskBunker fuel at Istanbul, Turkey, hit a nine-month high Thursday on a strong regional benchmark, with its premium over Novorossiisk, Russia, also the highest since mid-January on falling Black Sea prices.23 September 2017 Saturday 17:12
Hamburg bunker fuel reaches two year high despite good supplyHamburg bunker fuel reaches two year high despite good supplyBunker fuel in Hamburg, Germany, hit its highest point in over two years Wednesday, despite supply and demand being unremarkable, boosted by a surging benchmark.08 September 2017 Friday 15:20
Rotterdam bunker fuel sales down 2.1% on year in second quarterRotterdam bunker fuel sales down 2.1% on year in second quarterMarine fuel and lubricant sales at Rotterdam, the world’s third-largest bunkering port, slipped 2.1% year-on-year in the second quarter, a port authority official told S&P Global Platts Tuesday.23 August 2017 Wednesday 11:43
ClassNK Launches Bunker Fuel Oil Analysis ServiceClassNK Launches Bunker Fuel Oil Analysis ServiceClassNK Consulting Service (NKCS), a subsidiary of Tokyo-based classification society ClassNK, has officially launched its Bunker Fuel Oil Analysis Service.16 May 2017 Tuesday 02:45
Bunker Fuel Prices Affect Matson’s EarningsBunker Fuel Prices Affect Matson’s EarningsUS-based container carrier Matson reported a net income of USD 19.4 million in the fourth quarter of 2016, down from USD 26.6 million seen a year earlier, negatively impacted by a surge in bunker fuel prices and timing of fuel surcharge collections.23 February 2017 Thursday 13:15
Marine Fuel Improves in QualityMarine Fuel Improves in QualityThe early results for 2015 show that there has been a marked improvement in bunker fuel quality, the International Bunker Industry Association (IBIA) said.12 February 2015 Thursday 11:30
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