An Argus Media news source deals with the Marine fuel global weekly market update.
Conventional and alternative marine fuel markets
A weekly Argus news digest of interest to the conventional and alternative marine fuel markets. To speak to our team about accessing the stories below and access to Argus Marine Fuels, please contact: marinefuels@argusmedia.com.
Alternative marine fuels
26 May French biodiesel imports continue to rise French biodiesel imports hit a new record in …
26 May Ecopetrol plans to hike H2 output by 2040 Colombia’s state-controlled oil company Ecopetrol plans to produce …
26 May Hydrogen-powered vessel enters NW Europe service Netherlands-based shipowner Future Proof Shipping (FPS) launched its hydrogen-powered, zero-emissions …
25 May TotalEnergies says HVO not for marine fuel sector The bunker sector is unlikely to adopt hydrotreated vegetable oil (HVO) in marine fuel blends, because …
25 May ExxonMobil to supply B30 in ARA ExxonMobil has signed an agreement to supply Hapag-Lloyd vessels with B30 marine fuel in the Amsterdam-Rotterdam-Antwerp (ARA) region.
25 May Spanish biodiesel feedstock patterns shift Demand patterns for biodiesel and hydrotreated vegetable oil (HVO) feedstocks in Spain are shifting as …
25 May Still waiting for zero-emission vessels: Study A recent report by governments trying to support zero-emissions ocean shipping found there were still no …
25 May Cruise giant Carnival picked LNG to cut particulates Cruise line operator Carnival Corporation said today that it has backed LNG over other alternative fuels as it …
25 May Singapore eyes growing role in alternative marine fuels Singapore is looking to play a bigger role in the alternative marine fuels industry, ahead of the …
25 May Charter practices reward fuel inefficiency: Report Underlying principles in most marine standard charter party terms reward fuel inefficiency …
25 May Cepsa expands waste feedstock sources for biofuels Spanish integrated energy firm Cepsa and Spanish association of co-operatives Agro-Alimentarias will work together to identify…
24 May China’ methanol prices sink on weak demand, oversupply Chinese methanol prices have sunk to a more than two-year low, under pressure from persistently …
24 May Florida’s Jaxport, Eagle LNG grow bunkering ambitions Higher LNG production capacity at US firm Eagle LNG’s Maxville small-scale LNG production facility, alongside more …
24 May Spanish firm eyes green ammonia in Brazil’s Piaui Spanish solar energy company Solatio plans to develop two renewable ammonia production plants in the northeast Brazilian state of Piaui that could together produce …
24 May Spanish biodiesel exports hit record high in 1Q Spanish biodiesel exports are rising further with shipments leaving Spain at a record pace in the first quarter of this year.
24 May Norwegian biofuels blending down in 2022 Blending of biofuels in Norway’s transport sector fell by 55mn litres to …
24 May Dual-fuel engines to spur investment in ‘greener’ ships The implementation of dual-fuel engines in ships should encourage investment to build “greener vessels”, according to …
24 May TotalEnergies buys 20pc of biogas start-up Ductor TotalEnergies has bought a 20pc stake in Finnish-based biogas start-up Ductor and will work with it to co-develop between 15 and 20 anaerobic digestion facilities to produce …
23 May BarMalGas to develop Germany’s Rostock LNG German fuel distributor BarMalGas has taken over the Rostock LNG project and has scheduled construction to begin …
23 May NWE biofuels demand from scrubberless vessels to rise Vessels traveling in EU territorial waters without scrubbers next year may start using more biofuels …
23 May Spain’s Ignis plans 850,000 t/yr green ammonia plant Spanish renewables firm Ignis plans to develop a €1bn ($1.08bn) green ammonia plant with capacity to produce …
23 May Trafigura sees potential for H2 derivatives in shipping Green hydrogen derivatives offer a more viable alternative to conventional bunkers than biofuels…
23 May Titan supplies LNG to ship in Kiel first Dutch small-scale LNG firm Titan completed the first ship-to-ship transfer in the German port of Kiel to a …
23 May Japan’s MHI, Nihon Shipyard partner for LCO2 carrier Japanese engineering firm Mitsubishi Heavy Industries (MHI) and Nihon Shipyard have started a study for joint development of an ocean-going liquefied carbon dioxide (LCO2) carrier.
23 May China exports less biodiesel, UCO in April China’s biodiesel exports fell by 17pc from 215,000t in March to …
22 May China’s Dalian begins work on LNG-fuelled ship China’s Dalian Shipbuilding Industry (DSIC) has begun work on a new dual-fuel container vessel, while another …
Conventional marine fuels
26 May Petrobras loses ground to diesel imports in April Diesel produced in Brazil ceded ground to imports in April, as …
26 May Singapore’s gasoil imports poised to rebound in May Singapore’s gasoil imports are on course to rebound in May from …
26 May Japan to end oil product subsidy in September Japan’s trade and industry ministry (Meti) will end its oil product subsidy at the end of September, in consideration of …
26 May Fire extinguished on Shell bitumen barge A Shell-chartered bitumen barge caught fire in the early hours of Friday at …
25 May Singapore fuel oil stocks fall to over nine-month lows Singapore’s onshore fuel oil stocks fell for a seventh consecutive week to over …
25 May Diesel demand sinks again in Italy Italian diesel and gasoil consumption slowed by 7pc month on month in …
25 May Nigerian diesel prices fall ahead of Dangote production Nigerian automotive gas oil (AGO) prices have fallen in recent days as the sooner than expected start-up of the 650,000 b/d Dangote refinery added to the …
26 May UK refinery output declined on lower demand in April Total refinery output in the UK fell by 17pc in April from March, according to …
23 May Monjasa bunker sales at record high Danish marine fuel trading and supply firm Monjasa’s global bunker sales reached a record high …
23 May PetroPeru offers fuel oil tender for June State-owned PetroPeru will accept offers for one high-sulphur residual fuel oil (HSFO) cargo …
23 May Shipowner Navigator Gas’ profits slip in 1Q New-York listed LPG Shipowner Navigator Gas’ profits declined on the year in …
22 May Asian LSFO markets to ease further with rising inflows Singapore low-sulphur fuel oil (LSFO) margins rose to three-month highs last week on …
22 May Tight market supports HSFO margins in Europe Rising demand and tight supply are bolstering high-sulphur fuel oil margins in northwest Europe.
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Source: Argus Media
