Demand for medium and heavy crudes, crude oil to increase due to more production of distillate products.
44% of fleet will be scrubber-equipped by Q1 2020, as firm gains experience in advance of the 2020 deadline.
U.S. criminal case against Carnival Corporation demonstrated the use of EGCS systems has failed multiple times.
Trafigura fuel oil ‘out of specification, unsuitable, substandard, defective, and/or contaminated,’ alleges Valero.
Mexican resid is also sold in Panama and Singapore, among other countries, for bunkering, says report.
Oil major carries out successful trial of the new fuel on one of its own vessels, the Silver Carolyn, in Singapore.
Research consultancy publishes industry update commenting on the operation of liner services at lower speeds.
LNG-powered PSVs part of growing trend as more such LNG-fuelled vessels are being built, says COSL spokesman.
‘We’ll see what happens with Iran. If they do anything, it will be a very bad mistake,’ says President Trump.
Last opportunity for safe, smooth and consistent implementation of IMO 2020, says Greek Union of Shipowners.
