Tag: VLFSO
LNG Prices Plummet To Lowest Levels In Years!
Fuel is one of the biggest costs in ocean shipping, and fuel pricing has seen some big changes in recent months, featuring new dynamics...
All-Time Height Of Sulphur Fuel Oil In Asian Trading Hours
Dubai crude got $38.93 per barrel higher than its previous $37.58.
In the month of June 10ppm oil can crack, and got an...
Biggest Weekly Gain Posted By Asia Fuel Oil VLSFO
A recent news article published in the Reuters states that Asia Fuel Oil VLSFO crack posts biggest weekly gain in over 1-1/2 years.
Asia's front-month...
Carriers Eye Scrubber Installation As Price Gap Widens
As the price gap between low-sulphur fuel oil (LSFO) and heavy fuel oil (HFO) widens.
It is almost 30% of the global containership...
Exports of Clean Marine Fuel in China Plunge
China's exports of clean marine bunker, or very low-sulphur fuel oil (VLSFO), dipped 2% in August from a year-ago period, customs data showed...
Comparison of Bunker Prices HSFO vs VLFSO
A dramatic slowing of the global economy this year as a result of the coronavirus pandemic has ensured the previously predicted 20% to 40% increase...
Singapore Witnesses Narrow Gasoil Premium Over VLSFO
LSMGO premium over VLSFO has averaged $6.58/t down from as high as $55/t in Singapore.
Although both fuels are IMO2020 compatible, most shipowners...
Transition To 0.5% Fuel, the Biggest Challenge in Marine Industry
Many predictions were made in the run up to the imposition of the MARPOL 2020 sulphur cap.
None of which was that the...