Compliant Fuel Compatibility and Availability Concerns Ahead of 2020
With just 4 months left for the implementation on January 1, 2020, IMO’s sulphur cap rule, it is extremely worrying that compliant fuels are made available only in a limited number of ports and...
Who is Willing To Take the Greater Fall in the Trade War?
China's plan to put tariffs on U.S. crude oil shows it is willing to take more economic pain in the trade war than some in the markets have expected.
China’s proposed tax on...
Singapore Prepared for Fuel Oil Deadline
Leading independent oil storage companies highlight a growth in gas and chemicals storage over oil products tankage and the focus on fuel oil storage trends.
The industry is in transition and the prediction...
[Watch] World’s Largest Plug-in Hybrid Delivered
Norway’s Ulstein Verft shipyard has delivered the world’s largest plug-in hybrid vessel, Color Hybrid, to Color Line. Measuring 160 m in length and 27.1 m in beam, the vessel can carry 2,000 passengers and 500...
Platts Gets Cracking With LNG Bunker Fuel Assessments Ahead of IMO2020
IMO regulations imply the use of LNG bunker fuel or scrubber installations.
Platts agency to launch top global bunkering hubs at Singapore and Rotterdam.
LNG supply to bunkering to swell to 15 mtpa...
Robot Ship Maxlimer To Make the Vaunted Crossing
Maxlimer could be the first unmanned surface vessel to make the vaunted crossing—opening the way for a new generation of oceangoing drones, cutting prices and carbon footprints, reports The Daily Beast.
Maxlimer - The Robotic...
K-NOM’s Shipyard Focuses on “Green Refits”
N-KOM has completed almost 1,000 marine and offshore projects such as drydocking and repairs undertaken for various types of vessels.
The vessels include LNGc, LPGc, VLCCs, oil/chemical tankers, cargo ships, dredgers, and offshore...
Shippers Keen To Experiment With Wind and Battery Power!
In April 2018, the IMO adopted targets to reduce greenhouse gas emissions in the shipping industry by at least 50 percent in 2050 compared to 2008.
Asahi Tanker, Exeno Yamamizu, Mitsui O.S.K. Lines,...
SFL’s Stable Performance Yields 10% in Q2 Reports
In 2018, SFL received $1.5 million in profit sharing and in 2017 they got as much as $5.6 million, admittedly with a larger tanker fleet.
SFL’s charter revenues were slightly down by $5.5...
LSFO Output Capacity To Increase in 2020 Due To Chinese Refiners
China imported 16.44 million mt of fuel oil in 2018 from which 56% came from Singapore and Malaysia.
Sinopec's Jinling Petrochemical was the only known refinery that has invested in capacity increase specifically...