Fuel prices have taken a massive nosedive since the beginning of the year with low sulphur fuel prices in Singapore dropping from USD 734 per…
2020 has started tumultuous with rising fuel costs, weaker freight rates and the unexpected coronavirus outbreak. To report on these developments as accurately as possible…
With IMO 2020 now in effect, fuel prices for low sulphur fuel have soared, shooting up almost 50% in major bunker ports like Singapore. Prices…
PRESS RELEASE –Â As of November, Wageborg has started ordering and bunkering low sulphur fuel in response to the upcoming sulphur cap, starting on January…
A video of a failing scrubber system is quickly spreading on social media. The clip shows how large quantities of wash water are pouring down…
The oil market is going from gloomy to gloomier, warns Rystad Energy in a new market report. Increased production, economic recession, the ongoing trade war…
With 2020 fast approaching, more and more shipping companies are communicating how they intend to comply with the upcoming sulphur regulations. While most shipping companies…
AAL is the second large multipurpose shipping company to publicly announce its strategy for the upcoming IMO 2020 sulphur regulations. But although the company is…
Starting September 1, customers of Zeamarine will pay a Low Sulphur Surcharge of USD 35 per freight ton to recover the costs from the IMO…
With less than six months to go until the new sulphur regulations come into force, Intercargo says it is “extremely worried” about the safety of…
Höegh Autoliners CEO Ivar Myklebust joins the club of scrubber critics and says he “stands firm” on the decision not to implement scrubbers to comply…
German shipping company Zeaborn eyes more cheap, second hand tonnage now that a multitude of new environmental legislation will force ship owners to either sell…
Dutch multipurpose vessel operator Spliethoff has secured a 110 million euro loan agreement with ING and the European Investment Bank for the retrofitting of 42…