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Bunker Fuel




April 26, 2018

Tankers

Marine News

Apr 26 2018 04:29:00 EDT

The upcoming implementation of restrictions on sulfur emissions in marine fuels can potentially jack up the annual fuel costs for the shipping industry by a whopping $50-$60 billion, including by $...

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Apr 26 2018 00:22:00 EDT

Bunkering is expected to provide a significant impetus to small-scale LNG as it gains increased traction as a viable marine fuel ahead of tighter environmental rules for the shipping sector, source...

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Apr 25 2018 15:44:00 EDT
Apr 25 2018 09:18:00 EDT
Apr 25 2018 09:02:00 EDT
Apr 25 2018 05:22:00 EDT
Apr 24 2018 07:02:00 EDT
Apr 24 2018 03:40:00 EDT
Apr 23 2018 05:58:00 EDT
Apr 23 2018 03:24:00 EDT
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Markets

Lower fixture rates and a few fresh cargoes weighed on trading sentiment in the Asian VLCC market, sources said Wednesday. Charterers were heard keen to lower rates further, but market sources said that the discounts might be minimal due to rising bunker costs. "Sentiment is under a bit of downward pressure and there is not a big chance to move a lot more downwards than a couple of points as the bunker price is still rising. On older tonnages, owners are experiencing zero earnings," a charterer ...
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