Outright price of delivered very-low sulphur fuel oil (VLSFO) bunkers in Singapore rose by $63.90/t to $858.50/t on Wednesday (2 March 2022).
Navantia and Repsol have signed a collaboration agreement to jointly develop innovative solutions with the aim of decarbonising maritime transport.
Facility operated by Qingdao Shihua Crude Oil Terminal Co., Ltd. is the first designated futures delivery warehouse for LSFO in northern China.
Sinopec Fuel Oil Sales Co., Ltd., Sinopec Zhejiang Zhoushan Petroleum Co., Ltd., and Sinopec Fuel Oil (Singapore) Pte. Ltd. involved in the development.
A number of shipowners are avoiding far east Russia for bunkering because of the country's increasing isolation over its invasion of Ukraine.
European Energy developing large-scale commercial e-Methanol production facility with hydrogen being provided by a Siemens Energy electrolyzer plant.
Joint work by GTT, Alwena Shipping and CHI Zhoushan offers a way to decarbonise part of a container ship fleet which is currently in operation.
VLSFO ranging from 0.14% m/m to 0.32%m/m was delivered by different suppliers and barges to various vessels between 16 Feb to 28 Feb 2022.
Economic sanctions targeting Russia continue to evolve and escalate with many being coordinated among the EU, UK, US, and their allies, says the P&I club.
The 29th Annual Middle East Petroleum & Gas Conference (MPGC 2022) is being held in Bahrain at the Four Seasons Hotel Bahrain Bay between May 16-17.
