Platts’ New 0.5% Marine Fuel Price Assessment Hits $366.18/mt in Singapore
S&P Global Platts has pegged 0.5% sulfur marine fuel delivered in Singapore at US$366.18/tonne.
The price is based on the notional bids, offers and transactions on Platts’ Market at Close online system (MOC).
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Carnival Unveils the World’s First Cruise Ship with a Roller Coaster
In what came as a huge surprise to cruisers and thrill-seekers, there's a cruise ship with a Roller Coaster in it, writes Emma Featherstone in an article for the Telegraph.co.uk
360-degree Ocean View
Thrill-seekers will be...
Environmental Crisis! Toxic Peroxide Found on Dutch Beach
Toxic Peroxide Found on Dutch Beach After Cargo Ship Loses 277 Containers says The New York Times.
Authorities deployed to attend
The Dutch authorities were struggling to respond to a possible environmental crisis after a cargo...
Ship Shortage Threatens Asian LNG Market Growth
Shortage of supply vessels threaten LNG market in Asia
High charter rates have been attributed to a surge in gas demand from China
LNG sales have been on a steady rise as natural...
LNG to be a Major Source of Marine Fuel for the United States
United States is increasingly dependent on LNG as a major viable fuel source
Shell Global, Q-LNG, VT Halter Marine and Wärtsilä began working on an Articulated Tug Barge
Favourable cost differential and superior...
‘An Environmental Bomb’: Greece to Haul 27 Abandoned Ships
The Gulf of Elefsina, the chief industrial shipyard area in Greece is home to dozens of abandoned cargo ships and passenger ships. Now, the Greek Government plans to haul these hulking remains of a cargo...
[Watch] Flat-Screen TVs, Car Parts Wash Up on Dutch islands
Around dozens of containers with items including flat-screen televisions have washed up on Dutch islands in the North Sea after a ship lost part of its cargo due to stormy weather conditions.
What happened?
The Panamanian-flagged...
Shipping Must Up Its Fuel Testing Game
A focused fuel testing mechanism is needed to counter the complex fuel contamination issues.
Last year more than 150 vessels in Houston and Singapore faced such issues.
BIMCO’s Deputy Secretary-General Lars Robert Pedersen...
Ship Loses Highly Flammable Cargo in Storm
On January 2, a cargo ship was caught in rough North Sea weather and lost around 270 containers including highly flammable cargo.
What happened?
The cargo ship 'MSC Zoe' was enroute for Germany when it was...
Dangers of Contaminated Fuel
The shipments of contaminated bunker fuel have made their way to several bunker ports in different countries. The International Association of Independent Tanker Owners (Intertanko) and shippers worldwide have called for a stricter quality...