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Oct 7, 2013 · GLOBAL: Scrubbers now installed on 51% of VLCC fleet. In spite of a ‘volatile’ Hi5 spread over the years since the 2020 introduction of the IMO 0.50% global sulphur cap, the business case for scrubbers has stacked up for VLCCs and some other vessel segments, says Gibson Shipbrokers.
Bunkerspot Price Index - Bunkerspot - Independent Intelligence …
Sep 16, 2016 · The Bunkerspot Price Index provides: Spot bunker prices in over 350 ports – updated daily with easy-to-see tracked price changes. Historical bunker prices – adjust the time range to suit your needs. Tracking the curve – the Bunkerspot Price Index (BPi) also offers quotes on oil anf LNG futures contracts from ICE and NYMEX.
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05Nov 2024. High sulphur fuel oil (HSFO), very low sulphur fuel oil (VLSFO) and low sulphur marine gasoil (LSMGO) prices at the Port of Fujairah increased over the last seven days, according to Bunkerspot Price Index (BPi) data.
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01Oct 2024. As the energy markets continue to adjust to the stymieing of Russian gas exports as a result of the Ukraine invasion, International Energy Agency (IEA) analyst Gergely Molnar has predicted that: ‘Europe’s role as a balancing market is set to decline, while China’s influence on global LNG flows is set to rise.’.
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04. Nov 2024. The Autumn Budget 2024, introduced by Chancellor Rachel Reeves, has laid out significant fiscal changes impacting the shipping and maritime sectors. This budget, the first from the Labour government, proposes tax hikes and adjustments, including a substantial increase in the windfall tax on North Sea oil and gas producers, as well ...
GLOBAL: Hercules Tanker Management plots further fleet …
13 hours ago · Newly formed Hercules Tanker Management (HTM) says plans to expand and renew its fleet with six new vessels - with an option to build an additional four - are set to be agreed later this year. The company, which was officially launched by Peninsula CEO and founder John A. Bassadone in September ...
GLOBAL: Stakeholders in Call to Action to accelerate adoption of …
17 hours ago · More than 50 stakeholders across the spectrum of the shipping value chain — including e-fuel producers, vessel and cargo owners, ports, and equipment manufacturers — have signed a Call to Action today (12 November) at COP 29 to …
Global News - Bunkerspot - Independent Intelligence for the Global ...
11Nov 2024. Decarbonising the shipping and aviation industries is crucial for meeting climate targets, but a recent research report has warned that both these sectors face a ‘carbon lock-in’ – with deep dependencies on fossil fuels and complex infrastructure that make a switch to sustainable options challenging.
GLOBAL: North Atlantic ECA ‘could prevent several thousand …
17 hours ago · Establishing an emission control area (ECA) in the North Atlantic would have ‘significant environmental and public health benefits’ and ‘could prevent several thousand premature deaths’, according to a new study from the International Council on Clean Transportation (ICCT).
GLOBAL: Bunker prices break records as crude oil prices surge
Mar 4, 2022 · As the Ukrainian conflict intensifies, bunker prices are reflecting the escalation in oil prices, with marine gasoil breaching $1,000 per tonne in the major bunker hubs this week and owners with scrubber-equipped vessels seeing the widest spreads between HSFO and VLSFO since the implementation of IMO 2020.