Sinopec sees increased bunker sales in China
Domestic very low sulphur fuel oil (VLSFO) production has seen growth in China leading to increased bunker sales by the leading supplier Sinopec at...
Lytton refinery shutdowns due to poor fuels demand
Caltex Australia has shutdown the Lytton refinery in Brisbane, according to Ship&Bunker. The Australian refinery will remain closed until market conditions improve. Caltex had...
Oil price recovery sees accretion in bunker price
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As recoveries go the oil price rises over the last week have almost gone unnoticed in the turmoil of the Coronavirus crisis. Last year the...
VLSFO price hits record low
The cost of VLSFO bunkers in the four main bunkering hubs of Singapore, Fujairah, Rotterdam, and Houston has continued to fall, hitting a record...
Sinopec eyes HLT’s Universal Terminal
Chinese state energy company Sinopec, Asia's largest refinery, is in early-stage talks with Hin Leong Trading Pte Ltd to buy a stake in an...
Volatile oil prices see VLSFO dip below HFO for the first time
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The price of VLSFO has dipped below the price of HFO for the first time this week as the volatility of crude oil prices...
MABUX – bunker Index -17 April
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The European Association for Forwarding, Transport, Logistics and Customs Services, CLECAT, believes that some shipping lines are using bunker adjustment factors (BAF) to claw...
MABUX – bunker index -16 April
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Ocean bunkering, the Hin Leong Trading subsidiary that supplies bunker fuels, has said that it will suspend deliveries from 17 April according to Reuters...
MABUX- bunker index – 15 April
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Stocks of oil in north-western Europe increased by 15.8% in a week, according to reports from Platts’ Bunkerworld in the seven days to 15...
MABUX – bunker index – 14 April
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The Organization of the Petroleum Exporting Countries (OPEC) and the non-OPEC nations known as OPEC+, have agreed to reduce oil production by 9.7 million...
MABUX – bunker index 13 April
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Bunker market sales in the key refuelling Port of Singapore increased more than 11% according to the Maritime Port Authority which recorded sales of...
MABUX bunker index – 9 April
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Asia’s third largest bunker fuel supplier, Ocean bunkering, and its parent company oil trader Hin Leong Trading have reportedly run into financial difficulties with...
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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)...
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...
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...
