Tag: Marine Fuel
MOL Inks MoU To Ship Methanol From Russia
Japanese shipowner Mitsui OSK Lines (MOL) and its compatriot Marubeni Corporation have reached an agreement in Russia to explore options for methanol shipping from...
Panama Marine Fuel Sales Edge Up
Some 378,710 metric tonnes (mt) of marine fuel were bunkered in Panama last month – 0.4% up on the 377,153 mt registered in June,...
Asia Residual Fuels: Key Market Indicators For Aug. 16-20
Asian benchmark low sulfur marine fuel cargo market was likely to be rangebound in the near term on ample availability amid expectations that valuations...
Asia Residual Fuels: Key Market Indicators For July 26-30
Asian residual fuel market is likely to garner support at prevailing levels in the near term on lower western arbitrage inflows into Singapore, says...
Could Alternative Marine Fuels Decarbonise Shipping?
Shipping is heavily reliant on fossil fuels, and the huge majority of ships globally are powered today by hydrocarbon based fuel oils, albeit with...
Methanol, The Fuel That Could Transform Shipping
Methanol as a marine fuel is increasingly becoming a viable contributor in shipping’s drive for a clean, sustainable fuel mix, and is providing the...
For Cleaner Air, Shipowners Needs to Act Now
CMA CGM has been one of the pioneers in using LNG as a marine fuel and the shipowner believes it needs to act now...
DNV Releases Handbook for Hydrogen-fueled Shipping
DNV-led MarHySafe project has published ‘Handbook for Hydrogen-fueled Vessels’ which promises a road map towards safe hydrogen operations using fuel cells, reads DNV website.
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Impact of $70+ Oil on Containers, Tankers & Dry Bulk Transport
The price of Brent crude topped $72 per barrel Thursday, with West Texas Intermediate above $70. As the price of oil goes, so goes...
Weak Marine Fuel Spot Market Valuations
Ample availability amid less-than-robust demand has led sellers of International Maritime Organization-compliant marine fuel in Singapore's spot market to make determined offers, which has...