IMO 2020: An opportunity for China’s bunker fuel sector?
China’s ports handle nearly a third of global container traffic and it has the largest merchant fleet in the world in terms of the number of ships owned.
As IMO 2020 lures newcomers to bunker sector, profit is far from guaranteed
A pharmaceutical company’s ill-fated attempt to focus on trading bunker fuel derivatives highlights the unpredictability that IMO 2020 has injected into oil markets.
Credit-starved bunker industry limps towards IMO 2020
The bunker industry is in a fragile state as it enters its last year before tougher sulfur restrictions come...
Container market divided over emergency bunker fuel surcharges
Nerves are fraying in the container market over how best to reflect rising fuel costs in customers’ freight rates in deals covering long periods of time.
Bunker fuel surcharges not an option for tanker owners in glutted market
Amid surging bunker fuel costs container carriers are resorting to bunker surcharges to recover costs, but owners in the tankers market facing the same problem are finding it much more difficult to introduce similar measures because of the glut of vessels
Singapore port authority awards grant to build LNG bunker ships
Singapore’s port authority will provide S$6 million ($4.5 million) to help build two liquefied natural gas (LNG) bunker vessels, in a bid to promote ship-to-ship LNG bunkering in the city-state.
Singapore’s bunker industry set to embrace mass flow meters for MGO ahead of IMO 2020 rule
Singapore’s move to implement the mass flow meters mandate for distillate bunker fuel deliveries next year is being hailed positively, with the step not only set to enhance transparency but also prepare the city-state for the International Maritime Organi