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MABUX: Bunker Markets Continues its Rise, as Oil Prices Spike

26/02/2021

Oil prices spiked to 13-month highs after the Texas Freeze, which knocked out as much as 4 million bpd of U.S. oil production and 6 million bpd of refining capacity. The production outages have created a tighter supply situation that

ENGINE: Americas Bunker Fuel Availability Outlook

26/02/2021
Bunker fuels could get tighter in the US as refineries take time to recover from last week’s big freeze, and there are also pockets of tightness in bunker ports further south.

Bunker terminals and suppliers in the Houston area are

METIS first with predictive Poseidon Principles Emissions INDEX

25/02/2021

METIS Cyberspace Technology has refined its cloud-based data acquisition and ship performance reporting solution to offer shipping’s first tool to predict the trade-off between emissions reduction and debt servicing for ships financed under the Poseidon Principles.

Designed to incentivise maritime de-carbonisation,

Cargill and Maersk Tankers Combine Volumes and Market Expertise to Launch New Bunker Procurement Service

25/02/2021

Cargill and Maersk Tankers are embarking on a strategic partnership to combine their bunker volumes, offering a new bunker procurement service to tramp shipping companies and trading houses. The initial goal is to procure bunker fuel for Cargill and Maersk

Connecting future ports with private cellular networks

24/02/2021

According to the World Bank, trade represented more than 60% of the global gross domestic product (GDP) in 2019. And 90% of the world’s trade is facilitated by the shipping industry, according to the International Chamber of Shipping. The vast

Gasum to supply LNG to Wasaline and to Wärtsilä’s new technology hub

24/02/2021

Nordic energy company Gasum has entered into an agreement with the City of Vaasa, NLC Ferry Oy and Wärtsilä Finland Oy to supply liquefied natural gas (LNG) to Wasaline, which operates the Vaasa-Umeå ferry route, and for use in Wärtsilä’s

Maritec Advises Shipowners On How To Be IMO2020 Compliant Amid High Sulphur Warning

23/02/2021

Singapore-based independent test and research facility Maritec is advising shipowners on how best to meet IMO 2020 fuel testing requirements following reports of excessive sulphur in some very low sulphur fuel oils.

In a Technical Bulletin issued to customers in December,

Powering sustainable breakbulk terminal operations

23/02/2021

Kalmar’s commitment to reducing the environmental impact of its machines is helping Broekman Logistics meet its objective of increasing the eco-efficiency of its fleet while enabling round-the-clock operations.

Broekman Logistics specialises in providing customised logistics solutions for producers and distributors of

Tankers: VLCC Market Ends Another Stngnant Week

22/02/2021

VLCC

Another stagnant week in this market with Worldscale fixing rates improving by less than a point. In the Middle East region, 280,000mt to US Gulf via the Cape/Cape routing continues to be assessed at around WS18.5 level and rates for

Gazprom Neft delivers a 3.5-fold increase in sales of environmentally friendly marine fuels in 2020

22/02/2021

Gazpromneft Marine Bunker, operator of the Gazprom Neft bunkering business, delivered a 3.5-fold increase in ship-to-ship sales of MARPOL-compliant marine fuels in 2020,* reaching 1.1 million tonnes and giving the business a 20% market share in low-sulphur and ultra-low-sulphur bunkering

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