About 200 ships have been supplied with a contaminated batch of heavy sulphur fuel (HFO) in Singapore, around 80 of which have reported engine, fuel pump or other issues.
Singapore’s Pacific International Lines (PIL) is the latest container carrier to trial the use of drop-in biofuels to reduce emissions.
For the fifth consecutive year Monjasa, recorded an increasing demand for its global marine fuels services and posted a 16% volume increase in 2021.
Norden has announced a carbon-neutral biofuel sailing option using waste cooking oil for customers looking to reduce their environmental impact.
“Do what is right, not what is convenient”, was the call of Capt Rajalingam Subramanian from MISC and AET on investing for the transition to low and zero carbon fuels.
Oil traders meeting this week at a FT Commodities Global Summit in Lausanne projected that crude oil prices could exceed $200 later this year.
Bunkering company Monjasa is expanding its Asia presence with new office in Shanghai, opening this month.
Bureau Veritas has granted Approval in Principle for a liquefied natural gas fuel supply system using containerised LNG.
The bunker price in Singapore crossed the $1,000 per mark on Wednesday morning as the market braces for yet higher oil prices.
Bunker prices have broken through the $1,000 per tonne mark in Fujairah and more refuelling hubs look set to follow this week.