Premium of delivered VLSFO over cargo prices fell to a record low of $5.75/t on 17 March, and HSFO’s premium declined to an even lower $3.25/t,...
Total bunker sales at Panama was 418,415 metric tonnes (mt) in February, compared to sales of 442,886 mt during the similar period in 2020.
‘As the price spread seems to have found a steady level slightly above USD 100 per MT, investors are likely to order new ships with a...
Other participants in the project are Deltamarin Ltd as ship designer, Minerva Marine Inc. as vessel manager, and energy company Total as a charterer.
NBF mulls use of blockchain-based registry of trade finance transactions as secure central database for the banking industry to streamline documentation processes and resolve transparency issues.
The oil tanker was discovered at 12 pm on 17 February and those onboard reportedly failed to produce a License of Wholesale For Scheduled Controlled Goods.
Testing services include the analysis of fuel for deleterious materials, chemical contamination by GCMS – screening, stability by P-values sediment, and asphaltenes.
Samples were all VSLFO fuels and TSP results ranged up to 0.35% m/m; ships bunkering at these ports should request additional supplier reassurance, it said.
Takeuchi Sea can provide over 20,000 mt per month of VLSFO and LSGO to customers both within the port of Corpus Christi and at the port...
Argus estimates around 45% of the fuel mix will have to come from non-oil sources and almost all of that will need to be zero or...