Savage’s customers include large midstream and global integrated oil companies, many of which are current Kirby customers for inland tank barge services.
Bunker fuel prices have been unstable since the implementation of IMO 2020 and with it, the premium for scrubber-fitted bulk carriers, says shipbroking firm.
1.5 billion dollar port is equipped with eight tanks, totalling a holding capacity of 51,000 cubic metres of bunkering services; Liberian oil tanker Melody the first...
Corsica Linea, Gothia Tanker Alliance, MISC Berhad, Sinanju Tankers Holdings Pte Ltd, and Wessels Marine GmbH joins over a hundred other SGMF members.
Bunker Alerts are not an evaluation of overall bunker quality in the port, but highlights a specific parameter within the fuel with a quality issue.
DNV GL Maritime CEO highlights the urgency of adopting alternative bunker fuels such as gas immediately, rather than waiting for the ‘perfect’ fuel option to reduce...
Low Sulphur Surcharge no longer relevant with effect from 1 May, 2020 due to current price of VLSFO, states CMA CGM; however charges may still revert...
As the value of Euronav’s 0.5% oil stocks fall below cost, the company has been buying 0.5% fuel in the open market to supply its fleet...
‘While other shipping markets instantly suffer from the fallout of the coronavirus crisis, the crude oil tanker market has yet to feel the same pain,’ says...
With a near 70% collapse in crude prices, VLSFO prices in Singapore and Fujairah have also fallen by 66%; however, demand impact on bunker market is...
