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Hapag-Lloyd establishes Marine Fuel Recovery (MFR) mechanism

09/10/2018

Environmental regulation and costs from low-sulphur fuel represent a major challenge // New MFR allows causal, transparent and easy-to-understand calculation of fuel oil costs

With a stricter International Maritime Organisation emissions regulation (IMO 2020) coming into force as of 1 January

Bunkering Data: Clearlynx To Launch New Lite Version

09/10/2018

Technology company, ClearLynx, LLC, is set to launch a brand new ‘Lite’ version of their platform in mid-October 2018. Aimed at all parties in the marine fuel industry interested in accessing bunker data for their businesses, ClearLynx Lite focuses on

Tanker Market: VLCC’s On the Rise

08/10/2018

VLCC
Healthy activity combined with delays in the East saw rates climb 21 points in the Middle East Gulf to WS 80 for 270,000mt to China and Singapore and 280,000mt to the US Gulf was fixed five points higher to

FuelsEurope: Balanced industry guidance on safe handling of 0.50% marine fuels together with harmonized testing of compl

06/10/2018

The IMO Intersessional Working Group meeting of July 2018 has started to develop a set of guidelines on the consistent implementation of regulation 14.1.3 of MARPOL Annex VI for the use by administrations, port state control authorities, ship owners, ship

BLOC Wins MIT Solve Competition With Blockchain Shipping Emissions MRV Solution

05/10/2018

Blockchain technology and governance specialist, Blockchain Labs for Open Collaboration (BLOC), has won Massachusetts Institute of Technology (MIT) Solve's Coastal Communities Challenge, for its work in developing shipping Emissions Monitoring Reporting (MRV) solutions.

The Massachusetts Institute of Technology (MIT) Solve's Coastal

Drewry survey: IMO 2020 low-sulphur rule exposes widespread concern about lack of fuel cost transparency

04/10/2018

There is considerable unease among global shippers/BCOs (Beneficial Cargo Owners) and freight forwarders ahead of the IMO's 2020 global emissions regulations, due to come into force on 1 January 2020, according to a survey conducted by global shipping consultancy Drewry.

Particular

Anthony Veder And Bunker Connect Sign Contract

04/10/2018

Anthony Veder and Bunker Connect have signed a bunker procurement and management contract for the Amsterdam-Rotterdam-Antwerp (ARA) set of ports. Upon successful implementation in the ARA area, Anthony Veder and Bunker Connect will look at further expanding their cooperation.

The partnership

Marine Fuel Suppliers Need To Fundamentally Change Business Models To Survive – Says 20|20 Marine Energy

03/10/2018

Physical fuel suppliers need to fundamentally transform the traditional models of supply in order to survive, said Adrian Tolson, Senior Partner from 20|20 Marine Energy, a leading maritime consultancy.

Speaking ahead of SIBCON 2018, the industry’s largest bunkering conference, Tolson believes

Argus launches first new IMO 2020 compliant marine fuel assessment

02/10/2018

Global energy and commodity price reporting agency Argus yesterday launched a low-sulphur fuel oil (LSFO) price assessment for the shipping fuel market in Singapore.

The Argus LSFO 0.5%S price is the first assessment to be launched for new fuels needed to

Tanker Market: VLCCs’ Enquiries Rising

01/10/2018

The Golden Week holiday prompted an uptick in enquiry with rates firming four points to WS 59/59.5 for 270,000mt from the Middle East Gulf to both China and Singapore and 280,000mt to the US Gulf now assessed around WS 23

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