‘This is expected to delay the payment of between USD 20.0 million and USD 25.0 million of expenditures until 2021 at the earliest,’ reads company report.
‘Deciding on a port to bunker is a complicated calculation; interwoven are trade-offs related to Time Charter Rate, Speed/Consumption, Deviations and Price,’ it says.
Marine fuel related proposed amendments such as procedures for sampling and verification of the sulphur content of fuel oil, EEDI, and IGF Code taking a back...
Analysing a diverse range of data predicting diminishing losses at varying paces, Integr8 Fuels says it is likely VLSFO prices will remain below $300/ton for the...
‘Prices in this week’s European gas markets are likely to be supported by lower temperatures across the continent and easing lockdowns across Europe,’ says analyst.
‘We are not the largest marine fuels supplier in this great shipping hub; surely, our personal relations play a big part of the increasing demand for...
Tanker in question was discovered by Coast Guard Region 1 during 1850 on Sunday evening at the Gót area of Hai Phong; vessel has since been...
Crew who understand the system and regulatory issues will increase the lifetime of machinery, reduce opex, and, crucially, lower the risk of non-compliance.
The order was placed in the first quarter of 2020 and equipment deliveries scheduled between the last quarter of 2020 and the second quarter of 2021.
Tanker operator designs vessel that will minimise contact during bunkering operations to reduce damage on the paintwork and potential dents on the plating.
