Tanker Report – Week 50
VLCC
Middle East Gulf rates shed 11 points to WS 85/86 for 270,000mt to China, with South Korea fixed at WS 84. Going west, 280,000mt to the US Gulf went at WS 38, but is...
[Answer] It’s an Active Fin Stabilizer
The answer to yesterday's question is Active-fin Stabilizers. The rolling device in picture enhances the safety and efficiency of vessels in the rough sea.
How does it do that?
The reduction of rolling provides better fuel/speed...
MFM for Distillates Ready! Fuel Sales Set to Rise in Singapore
The Port of Singapore is set for another year of growth in bunker fuel sales in 2019 as it has laid out plans to enhance its infrastructure and services ahead of its mass flow...
ONE 2019 Plan! 249 Ships Connecting 76 Ports in Asia
The forthcoming THE Alliance products of 29 services that will cover 76 ports
The services will include Asia, Europe including Mediterranean, North and Central America, the Middle East, Red Sea, and Indian Subcontinent
Deployment...
Block Chain to Check Bunker Quality and Sales from January
Blockchain Labs for Open Collaboration (BLOC) announced the scale-up of its blockchain-based maritime fuel system in January through a subsidiary.
With the introduction of LSFO, the uncertain availability of quality bunker fuel...
[Watch] Intense Footage of a Vessel Taking on Storm in North Sea
The storm hit northern Scotland over the weekend, bringing winds of more than 80mph and causing disruption across the mainland.
The footage released, shows an emergency response and rescue vessel (ERRV) facing off against high...
[Watch] Heavy Winds Force Cargo Ship to run Aground Off Sile
Cargo ship runs aground off Istanbul's coastal district of Sile.
What happened?
Heavy winds forced the cargo ship to run aground off Istanbul's coastal district of Sile on Wednesday (December 19).
The crew were stranded on board...
China To The U.S. Freight Prices Doubles
Freight prices for containers going from China to the U.S. have surged over 100 percent from a year ago as of the beginning of December.
The world's two largest economies have been locked...
WFS Expands Bunker Operations in US Leading Up to 2020
The World Fuel Services (WFS) has announced the new United States based physical bunker supply operation.
Bunker Supply Operation
The bunker operations will commence in mid-January and WFS will be operational in the Columbia River, servicing Portland...
The Global LNG Bunker Fuel Market: the Current State and Prospects
In the relevant papers, the authors examined the factors impacting the development of the LNG bunker fuel market, forecasted the growth of this market, determined the prospective subsectors for its usage, assessed the current...