Tag: VLSFO
Asian HSFO Markets Survive IMO 2020 Despite COVID-19
LSFO is the marine fuel of choice worldwide, but HSFO has held its stead in Asia.
Demand for high-sulfur fuel oil is expected...
Viswa Group Highlights The Importance of Lubricant Testing for VLSFOs
Viswa Group has embarked on a project to test the demands of the newly evolving lubricants.
Companies are developing new cylinder oils with...
HSFO Spread Falls Back To Pre-Crude Collapse Scenario
Crude prices started to collapse after a falling-out in the OPEC+ coalition between Russia and Saudi Arabia over production levels.
HSFO prices in...
Hi-5 Bunker Spread Falls To Record Lows
VLSFO premiums at Rotterdam port fell to a record low with high fuel oil resilient to bearish fundamentals in the global oil complex.
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Fujairah Fuel Oil Stocks Dip To 15-Week Low
Fujairah fuel oil stocks drop to 15-week low.
Heavy distillate and residue inventories at the port dropped by 2.7% to 13.795 million barrels.
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Green Ammonia To Power 30% Global Fleet by 2050
Renewable ammonia could eventually power 30% of the global maritime fleet.
Green ammonia would have a cost similar to today’s compliant oil-based bunkers.
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Stricter COVID-19 Measures Deflect Bunker Demand To Nearby Ports
Bunkering operations at Hong Kong are affected by stricter Coronavirus Disease 2019 (COVID-19) measures.
The company is currently thinking of conducting bunkers-only calls...
Narrowing Contango Rates Force Traders To Tighten Stocks
Narrowing contango for Singapore Marine Fuel 0.5%S may compel traders to offload stocks.
Monthly contango is not wide enough to cover their storage...
Viswa Lab Highlights The Increased Importance of Lubricant Testing
Lubricant and additive companies are developing new cylinder oils.
These new additive packages will take care of the issues posed by the new...
Stringent Scrubber Washwater Monitoring Helps Shipowners in the Long Run
Scrubbers need to make sense as an even longer-term investment today.
Scrubbers represent a return on investment when HSFO remains cheaper than VLSFO.
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