All Business News
Stonewin and WFS deliver bunker fuel to Royal Navy aircraft carrier HMS Prince of Wales
1,080 mt of marine gasoil delivered to the aircraft carrier by World Fuel Services truck fleet; operation was structured under NSPA marine fuel supply contract.
Mar 27 2020
Hafnia Bunkers promotes merits of its Bunker Alliance to the shipping industry
Company asserts that mitigating risks for members, embracing technological innovations, and maintaining transparency are key to its bunker alliance’s relevance.
Mar 27 2020
Malta: Armed Forces rescues crew as rough seas breaks oil tanker “Lady Sandra” in two
Armed Forces deployed rescue vessel Melita 1 and a helicopter amidst strong waves and high winds; crew found in the water as rescue raft was ruptured.
Mar 27 2020
NewOcean Energy records 66% bunker sales jump to 4.5 million mt in FY 2019
Company will continue to adopt the same operating strategies while ‘holding the trophies of success’ of its Singapore and Malaysia bunkering businesses.
Mar 26 2020
Viswa Lab report links incorrect usage of lube oil to excessive engine liner wear
‘Excessive liner wear while using the new VLSFO fuels’ analysed 12 cases of abnormal engine cylinder liner wear out of over 20,000 tested VLSFO bunker samples.
Mar 26 2020
BIMCO: Eurozone manufacturing PMI indicates drop to 92-month low in March
As the economy braces itself for decline, government stimulus packages will do little for shipping; safeguarding the free flow of cargo is key to protecting the maritime industry.
Mar 26 2020
UNCTAD: Decarbonising Shipping: What role for flag states?
Besides exercising regulatory control, it is suggested that flag states view the decarbonisation journey as a business opportunity while development funds are being established.
Mar 26 2020
Shipyard achieves milestone in construction of world’s largest LNG dual-fuel boxship
Jiangnan Shipbuilding positioned the CMA CGM vessel’s 2,200 mt engine and other components in record time with five large cranes and an approximate hundred smaller units.
Mar 25 2020
CSSC completes sea trials for LNG-ready SK Marine VLOC
Trials successfully executed despite the COVID-19 pandemic through careful planning and remote electronic communications; estimated delivery by end of April.
Mar 25 2020
Argus Media: IMO-compliant fuel more widely available at international ports
While Fonars and off-spec fuel alerts were commonplace in January especially in Saudi Arabian ports, the numbers have fallen drastically as the supply of compliant fuel stabilises.
Mar 25 2020
PMI Trading responds to Nustar Energy over alleged off-spec bunker fuel supply at Houston
Seeks to enforce either arbitration clause under contract or to dismiss NuStar and TPP respective liability claims, according to documents obtained by Manifold Times.
Mar 24 2020
Singapore: MPA introduces enhanced precautions for shore personnel and crew
At present, no crew and passengers are allowed to disembark in Singapore, crew change is not permitted, and all suspected COVID-19 cases will be tested.
Mar 24 2020
Panama Canal February bunker sales rose 11.7% on year
Total bunker sales at Panama Canal was 436,066 mt in February, compared to sales of 367,875 mt in 2019; VLSFO 0.5% sales dominated at 340,338 mt.
Mar 24 2020
IMO: Tackling COVID-19 – a voyage together
Secretary General urges IMO Member States to ‘ensure availability of shipping services to the commerce of the world, for the benefit of humanity’ when making policy decisions.
Mar 24 2020
ICS: Shipping Industry leaders call on G20 to protect global supply chains
‘Pragmatic, science-based and harmonised guidance’ needed for global maritime ‘that ensures the safe delivery of the goods’ that we rely on, says Secretary General.
Mar 24 2020
Taiwan’s efforts to apply 0.5% sulphur cap at commercial ports prove effective
Taiwan first started implementing the sulphur cap in 2018 and even offered a subsidy to those who wish to switch to compliant fuel; SOx emissions have since reduced by 40%.
Mar 23 2020
German shipping firm Hapag-Lloyd burned 28% more low-sulphur bunker fuel in 2019
Transition to the IMO 2020 sulphur cap described as ‘smooth’; a negative effect on its shipping volume and cash flow is expected in May following the COVID-19 outbreak.
Mar 23 2020
International Wind Propulsion for Shipping forum held in Copenhagen
Organised by IWSA as part of the Green Ship Technology conference, Secretary General forecasts wind propulsion to grow into a £2 billion per year market in the 2050s.
Mar 23 2020
‘Minimal disruption’ to Singapore bunkering operations despite COVID-19, confirms MPA
‘We are closely monitoring the rapidly developing COVID-2019 situation while remaining committed to working with the bunkering industry to ensure minimal disruption to bunkering operations and services.’
Mar 23 2020
MSC issues statement on “MSC Joanna” violating fuel oil carriage ban in UAE
MSC Joanna scrubber installation was delayed following the COVID-19 pandemic which forced Chinese shipyards to close for an extended period of time, it explains.
Mar 20 2020
Monjasa appoints Mikkel Kannegaard Managing Director of European division
Kannegaard’s job scope includes overseeing operations at Monjasa’s Cyprus office, Portland Port (UK) and Skaw (Denmark) oil terminals, and a fleet of four tankers.
Mar 20 2020
