Coronavirus development determines fuel price trend
The market is assessing the stalled recovery in fuel demand as countries continue to battle the coronavirus pandemic with rolling Covid-19 lockdowns. This has created...
Bunker fuels see uptrend despite IBIA’s forecast
The persistent worry that world economies are not recovering from the coronavirus lockdowns robustly enough to absorb a new increase in oil production is...
Covid and trade war fears drop oil and fuel prices
Oil prices have been dropped down for a week, while the slowing economic activity around the world, restricted mobility, and fears of the second...
South Korea launches new ECA
A new emission control area (ECA) for the shipping industry was launched from 1 September, cutting the sulphur limit from the global 0.5% cap...
BIMCO’s survey shows IMO2020 compliance difficulties
The answers and comments provided by respondents at the BIMCO's Fuel Oil Quality and Safety Survey suggest that the transition to IMO2020 compliant fuel...
Container ships have the most scrubbers fitted says BIMCO
The share of the container ship fleet with scrubbers installed exceeded that of the crude oil tanker fleet by the start of July –...
Bunker indexes see slight upturn
Global Bunker Market remains in the same holding mode that has prevailed in the last 25 days approximately. The MABUX World Bunker Index showed a...
Oil demand faces uncertain short-term future
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Oil price increases have stalled at about US$40/bbl, around 30% lower than a year, but considerably higher than the April lows as the Covid...
Concerns over fuel quality after long VLSFO storage
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Floating storage of very low sulphur fuel oil (VLSFO) can cause some of these blended fuels to sludge, blocking pipes and filters on board...
Narrow HFO/VLSFO spread stalls scrubber installations
Global fuel demand is showing some signs of improving although the market outlook is still quite bearish as a result of the coronavirus outbreak. The...
IBIA questions new claims about VLSFO and black carbon emissions
The International Bunker Industry Association (IBIA) has raised some questions about a new theory which has been circulated in the press based on an...
Bunker FFA give hopes to scrubber investors
The current differential in the cost of a tonne of Low Sulphur Fuel Oil (LSFO) and High Sulphur Fuel Oil (HSFO) averages about US$60/tonne,...
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Singaporean state investment firm Temasek mum on PIL bailout
The Singapore government’s investment company Temasek Holdings is remaining tight-lipped on market talk that it may take a stake in embattled liner operator Pacific...
Chinese shipyards win giant container ship order
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Chinese shipyards will build six 24,232TEU containerships, the largest in the world as of today, that the Bank of Communications Financial Leasing (Bocomm Leasing)...
MSC Rosa M damages Mumbai crane
The 14,000TEU MSC Rosa M has hit and seriously damaged a crane at the DP World terminal in Nhava Sheva, NSIGT in Mumbai, while...
Taking the personal view for crew working on container shipping
Philip Eastell – Founder of Container Shipping Supporting Seafarers – describes the personal side of container operations at a time when crew, affected by...
High speed and compromised manoeuvring caused Milano Bridge accident
The container ship Milano Bridge had failed to slow down as it attempted to berth in Busan New Port on 6 April 2020, causing...
