×

Warning

JUser: :_load: Unable to load user with ID: 51

Having reviewed the fuel analysis data on a quarterly basis for a number of years, it is clear that for some time now the general quality, as measured by compliance with the specification limits, has been fairly steady.

Bunker fuel prices have been creeping back up over the past month, heading towards $400 per metric tonne (pmt) as crude oil prices rose nearly 20% for the last six weeks.

Manila-based Chelsea Shipping Corp has inked a five-year contract to supply jet fuel to airline Cebu Pacific.

The shipping and bunker refining industries must move to prepare for the global 0.5% sulphur cap, even if it is delayed until 2025, the International Chamber of Shipping (ICS) has stated.

Neste Oil has become one of a growing number of bunker suppliers to launch a 0.1% sulphur fuel for use in the North Europe and North American emission control areas (ECAs) come 1 January 2015.

 

Fourteen new members have joined the Trident Alliance, a shipping body supporting robust and comprehensive enforcement of the 0.1% sulphur cap in Northern Europe and Baltic Sea emission control areas (ECAs).

Intertanko has praised moves at IMO to introduce quality control testing for bunkers, calling it “a step in the right direction” as new sulphur limits loom in North Europe and North America.

For many years a major revenue stream for the tiny British territory, plans by the Gibraltarian government to move away from floating storage vessels have had an impact for bunkering operations at the Rock with suppliers moving to straddle their operations with its neighbours.

ExxonMobil has launched a new lubricant at SMM, Mobilgard 525, designed to mitigate deposit build-up associated with low-sulphur (0.1%) fuel.

OW Bunker has formed a partnership with Petrocosta to expand its capabilities in Colombia.

Page 3 of 5