Total bunker sales at Panama was 415,137 mt in April compared to sales of 406,677 mt on year; VLSFO 0.5% sales dominated at 329,486 mt.
Despite adverse market conditions Gibson foresees other shipowners postponing scrubber installations rather than outright cancellations on possible increase in oil prices.
Approximately 1,480 cubic metres of LNG was bunkered into Eagle Blane by Shell LNG Trading in an operation lasting nearly 15 hours.
Operation was performed on Carnival’s LNG-powered cruise ship Costa Smeralda by Shell’s bunker vessel Coral Methane with the ‘reassuring presence’ of firefighters.
‘IDEALFUEL is aiming to develop methods to convert a polymer found in woody materials such as sawdust and wood chips into renewable marine fuels,’ it said.
The bunker player at Hong Kong and Chinese ports shares with Manifold Times what local shipping sectors went through during the early days of COVID-19 and...
Company plans to complete the production of 80,000 mt of low sulfur marine fuel by June 2020 using the residue hydrotreating method which is more difficult,...
IEA forecasts demand from all vessel types will drop by 5% this year, with 6% and 3% year-on-year falls in the third and fourth quarters.
Advisory is issued ‘in the wake of unusually high volatility and negative pricing experienced in the May 2020 WTI’, signalling the possibility of a repeat as...
Advisory includes common deceptive shipping practices allegedly used by said countries and best practices for stakeholders to mitigate sanctions risk.