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Apr
March, 2020
Date Headline Image
Mon16Mar
VLSFO's premium to Brent at Rotterdam has already significantly narrowed this year, dropping from as much as $89.52/mt on December 31 to $41.85/mt by March 12.
Aviation Shutdown May Narrow VLSFO Crack Spreads
Mon16Mar
The company has deployed two of its wholly owned barges, each with a capacity of 4,800 mt of fuel oil and 1,000 mt of gasoil, for the operation.
GP Global Launches Jebel Ali Bunker Supply Operation
Mon16Mar
January and February 2020 saw about 400,000 tonnes supplied.
No Shift In Istanbul Bunker Demand Following IMO 2020
Fri13Mar
On the other hand, CNBC thinks less demand will reduce the surplus problem.
Oil Prices Up Marginally, But Trafigura Worries That Global Demand Will Fall By 10 Million BPD
Fri13Mar
The company expects to run its five new 23,000 TEU ships on VLSFO, but may consider fitting scrubbers to them.
OOCL Doesn't Rule Out Fitting Scrubbers to Giant New Boxships
Fri13Mar
Total sales advanced by 2.63% on the year to 3.879 million mt last month.
Singapore February Bunker Sales Gain 2.63% on Year Despite COVID-19 Outbreak
Fri13Mar
Jinxi sent a 3,000 mt VLSFO cargo from its plant in the north-east of the country to the growing bunker port of Zhoushan on March 6.
Chinese Refinery Sends First VLSFO Batch to Zhoushan
Fri13Mar
A total of 18 financial institutions have now joined the organisation, covering more than a third of the global shipping finance portfolio.
Poseidon Principles Lender Group Signs Up First Asian Bank
Fri13Mar
The company took delivery of the Aframax crude tankers the Korolev Prospect, the Vernadsky Prospect and the Mikhail Lazarev last year.
Russia's Sovcomflot Took Delivery of Three LNG-Fuelled Tankers in 2019
Thu12Mar
Meanwhile, U.S. producers take the hit for the Saudi/Russia price war.
Coronavirus Hysteria Causes More Massive Losses For Crude - And More To Come, Say Analysts
Thu12Mar
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 5 – March 11, 2020.
Weekly Vessel Scrapping Report: 2020 Week 10
Thu12Mar
Corvus will supply a 1,500 kWh battery pack that will reduce the vessel's fuel consumption by about 20%.
Corvus Energy to Supply Battery System for Coastal Cargo Carrier
Thu12Mar
The organisation has now postponed the upcoming meeting of its Marine Environment Protection Committee (MEPC), previously scheduled for the week starting 30 March.
IMO MEPC Meeting Called Off as London Headquarters Close
Thu12Mar
EU transport ministers held an informal meeting in Croatia Wednesday and adopted a declaration on guidelines for the development of EU maritime policy.
EU Transport Ministers Call For Emissions Trading Scheme to Cover Ships From All Countries
Thu12Mar
The terminal is expected to handle 441,000 mt of fuel per year, serving 744 ships annually.
Russia Approves Plans for New Murmansk Bunker Terminal
Thu12Mar
The vessels will have a cargo capacity of 23,000 TEU, bigger than any boxships on the water today.
Hong Kong's OOCL Orders Five New Giant Boxships
Wed11Mar
Meanwhile, the IEA downgrades its demand forecast.
Saudi Output Uptick Causes More Crude Losses, But Analyst Sees Chance For Industry To Restructure
Wed11Mar
Vessel forced to burn HSFO with its scrubber shut off to comply with local regulations.
FEATURE: Remote Island FONAR Shows Environmental Dilemma for Scrubber Bans
Wed11Mar
Italy extended emergency virus containment measures to the entire country this week, with Prime Minister Giuseppe Conti ordering people to stay at home and seek permission for essential travel, but the country's ports have continued to operate.
Bunker Supply Continues at Italian Ports Despite Quarantine: Shipowner
Wed11Mar
Tallink Grupp's new ferry the MyStar will have duel-fuel main engines supplied by MAN, with LNG as the primary fuel.
MAN to Provide Engines for New Tallink Grupp LNG-Fuelled Ferry