With 0.5% marine fuel, HSFO, ULSFO contracts, operators do not just have to accept whatever costs the 2020 changes throw at them, advises Freight Investor Services.
Data suggests owners opting for scrubber-fitted vessels in 2020 would recover cost in the first year alone.
Fuels tested had catfines values between 85 to 110 mg/kg, exceeding 60 mg/kg limit for ISO 8217:2017.
Upgrading to reduce bunker expenses by over 5% and allow ships to enter EU and US markets.
Bursa Malaysia to suspend, delist the company as it was unable to meet a proposed regularisation plan.
The port authority recorded total bunker sales of 362,142 mt at both ends of the canal.
Bomin Bunker Oil Corporation and TKK Shipping taken to court by WFS subsidiary Trans-Tec.
Sales fell across all grades of marine fuel on year while port saw 2.6% lesser vessel calls for bunkers.
Krishnamachari joined Sing Fuels Full-Time as Director (Finance & Operations) effective 1 August, 2018.
Seeking industry feedback from several state-owned maritime transportation and energy players.