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Future Fuels

The search for shipping’s green tipping point

The rapid development of zero-emission vessels is an entirely feasible ‘moonshot’ for the shipping industry to reach for; but influencing the wider energy system and creating an infrastructure where dependable future fuel production can be relied upon is the challenge where the maritime sector has limited agency

Future Fuels

The Interview: Tan Soo Koong

Having built an illustrious career in the oil and petrochemical trade, SLNG chief executive Tan Soo Koong has moved on to invest time in boosting LNG adoption in maritime and other sectors aside from power generation. He is confident the lack of gas resources would not hold back Singapore from asserting its claim as Asia’s LNG trading hub

Singapore Asia Pacific

Off-spec VLSFO detected at six key ports

Compliant fuel oil blends at six ports are found to contain off-specification sediments, according to one fuel-testing firm

Fuels Bunkers

Trade wars and regulation remain a challenge, says Habben Jansen

Europe’s Green Deal and continuing trade tensions remain high on the agenda for 2020 at Hapag-Lloyd

Hapag Lloyd Environment

Maersk hikes bunker adjustment factor after VLSFO price surge in Singapore

Maersk expects the change in the average bunker price to be more than $50 per tonne in January, triggering a fee review

Maersk Group Bunkers

Scrubber premiums spike tanker earnings boost as fuel prices erode profits

Crude tankers fitted with exhaust gas scrubbers appear to be benefiting from the technology in the first month of 2020 as fuel price rises add a jolt of volatility to the market

Tankers and Gas Fuels

Bureau Veritas says French-led coalition on decarbonisation is industry leader

BV’s commitment to a maritime energy transition coalition is just one of the partnerships the class society has joined as it seeks to advise shipowner clients on the decisions they have to make.

France Bureau Veritas

Star Bulk says fitting scrubbers was a right decision

The scrubber investment was a hedge against high fuel costs and was a medium-term solution for the company, which will now focus on decarbonisation efforts

Dry Bulk Fuels

US will adapt ‘magic pipe’ recipe to new IMO rule violations

Many shipowners are said to be insufficiently aware of the expanded potential for criminal prosecutions in the US in cases of non-compliance with the new low-sulphur requirements

Greece United States

Beijing formally unveils tax waiver for bunker fuel

Consumption tax was not mentioned in the announcement, but the levy should also be exempted, in line with similar tax rebate measures for oil products introduced previously

Asia Pacific Containers

China could start exporting VLSFO as domestic output perks up

Sinopec and PetroChina earlier revealed plans to produce about 14m tonnes this year, enough to cover about 80% of China’s bonded bunker fuel market

Asia Pacific Containers

Sulphur cap rules being enforced ‘without exception’

Port control bodies vow a ‘practical and pragmatic’ approach to enforcing the sulphur cap, saying they expect compliance

Fuels Regulation

Sludge risk may rise as bunker stream lightens

Traders are bringing in compliant, lighter fuel oil blends to Singapore — the world’s top marine fuel hub

Singapore Bunkers
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