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ICS Sees Growing Support from Member States for Carbon Levy at IMO
Feb 17, 2025 ... per tonne of CO2 equivalent emitted to a proposed IMO GHG Strategy Implementation Fund," Guy Platten, secretary general at ICS, said in an emailed statement on Friday. He sees clear ...
IBIA Takes on Alternative Fuels and MFMs in 2025 Training Programme
Feb 14, 2025 ... work for the whole industry; not only the barge crew will have to adapt, but also surveyors, fuel buyers and other stakeholders," Beumer said. "The use of MFM in the beginning might bring some ...
Oil Declines On Possible Russia/Ukraine Peace, As Trump's Tariffs Inspire Optimism
Feb 13, 2025 ... about 7.4 percent from 3.49 million bpd in January, with distribution data showing that India was buying more and China was buying less. India's imports are expected to reach a three-month high of ...
Container Lines Double Emissions Surcharges for Asia-Europe Trade
Feb 12, 2025 ... phasing-in of the EU-ETS has also increased costs. For 2024 shipping firms only had to buy EUAs to cover 40% of their emissions on intra-EU voyages, while in 2025 this figure has climbed ...
Oil Swings To The Upside Despite Trump Tariffs, Analysts Now Bullish About Prospects
Feb 11, 2025 ... “buying into the dip” was the only explanation offered for a near-2 percent rise in oil prices on Monday, after suffering a 2.8 percent weekly loss on Friday and despite ongoing fears ...
INTERVIEW: SEA-LNG Sees 'The Game Just Starting' on LNG Bunkering
Feb 7, 2025 ... Expected to Order LNG-Fuelled Ships Thus far, the container segment has been the largest buyer of LNG-fuelled ships, but other segments are now also investigating the alternative fuel, and ...
Paria Fuel Denies Third-Party Involvement in Jamaica Bunker Supply Deal
Feb 7, 2025 ... need to be imported from elsewhere in the world. Earlier this week Paria announced a deal to buy 540,000 bl of VLSFO from Petrojam over the next six months for sale in its local bunker market. ...
Trump-Following Traders Continue Oil Losses, Staunovo "Surprised" By Behaviour
Feb 6, 2025 ... lending support to oil on Thursday, namely an increase in Saudi Arabia's crude prices for Asian buyers, which implied demand strength in the region. Gule said, "It seems that the oil market is ...
HHI Books Order for 12 LNG-Fuelled Boxships from European Shipowner
Feb 6, 2025 ... for the construction of 12 LNG-fuelled boxships. HHI has not disclosed the identity of the buyer, stating only that the vessels were ordered by a European shipowner on January 22. All 12 ...
Trinidad's Paria Fuel Strikes Bunker Supply Deal With Petrojam
Feb 4, 2025 ... and Tobago's Paria Fuel Trading has agreed to buy bunker fuel from Jamaican refiner Petrojam. The deal, for 540,000 bl of VLSFO, is to bunker ships calling at Trinidad and Tobago. The ...
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Also in the News

BUNKER PRICES: G20-VLSFO Index Declines for Fourth Day

BUNKER PRICES: G20-VLSFO Index Declines for Fourth Day

Global VLSFO prices have been dropping all week following the ceasefire in the Middle East.

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Open-Loop Scrubber Discharge to Be Banned in Ports and Inland in North-East Atlantic

Open-Loop Scrubber Discharge to Be Banned in Ports and Inland in North-East Atlantic

The decision to ban scrubber discharge by July 2027 was made at a ministerial meeting of the OSPAR commission in Vigo this week.

Read in Full

FLEX Commodities Hires Senior Trader in Brazil

FLEX Commodities Hires Senior Trader in Brazil

The new hire previously worked for local supplier Raizen from January 2020 to January of this year.

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    The count has been steadily dropping over the past decade as the Maritime and Port Authority of Singapore tightened requirements for its bunker suppliers.
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