Singapore is very expensive these days and owners are trying to avoid purchasing VLSFO unless they have no other choice, remarked a London-based broker.
“Auto Achieve” will contribute to reduced emissions in the European shortsea trade where it will join sister vessel “Auto Advance” that was delivered last year.
Output of low-sulphur fuel oil in Chinese refineries reached 1.322 million mt in May 2022, the highest month-on-month increase since China started production in 2020.
Creditors have to submit proofs to liquidators of Semua Ship Agency and Supplies Private Limited on or before Tuesday (14 June).
Suppliers in Fujairah struggle to offer prompt deliveries; Zhoushan demand remains sluggish amid tight availability; VLSFO availability under persistent pressure in Singapore.
Avenir Marine will deliver LNG to “M/S Gotland” and “M/S Visby” via STS transfer in Visby, Sweden using LNG bunkering vessel “Avenir Ascension” until Q2 2025.
Hydrogen derivatives such as ammonia are key to decarbonizing heavy transport including shipping; however, these fuels would not scale until the 2030s, according to a DNV...
Pearson Correlation Coefficient value of 0.701 shows rise of crude oil price leading to reduced bunker fuel quality and an increase of marine fuel off-specs.
AiP awarded to LMG Marin AS, Wärtsilä Voyage and Grieg Edge for a tanker that will transport green ammonia fuel between mainland Norway and North Pole.
Document includes proposed suitable metal materials to be used for containment systems and supporting structures according to characteristics of eco-friendly fuels.
