Singapore’s onshore fuel oil stockpiles eased to a two-week low on lower imports,data showed on Thursday. Inventories for fuel oil STKRS-SIN were down 2.75% at 21.403 million barrels (3.37 million metric tons) in the week ended March 27, thelatest data from Enterprise Singapore showed. Imports totalled about 954,782 tons, down 24% on-week, with most supply …
Singapore fuel oil stockpiles slip to two-week low Read More »
Wintermar Offshore Marine has announced results for FY2023. Wintermar’s net attributable profit jumped by 501.1%YOY to US$ 6.7 million for FY2023 backed by higher charter rates. Higher utilization and rising charter rates towards the 4th quarter lifted gross margins and led to a strong operational performance in FY2023 with EBITDA up 24.4% to US$21.8million on …
Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the first time that biofuel above concentration B25 has been delivered. A total of 1,100 MT of VLSFO B30 was delivered on 14 March 2024 to the vessel Grand Hero, a vehicle carrier chartered by Hyundai Glovis. The delivery was carried out …
Vitol completes first delivery of B30 biofuel blend in Singapore Read More »
Brookes Bell, the leading multi-disciplinary technical and scientific consultancy for the marine and energy sectors, has added Captain Hisyam Haron to its team in the Asia-Pacific region as the company’s newest Master Mariner. Captain Haron joins Brookes Bell’s office in Singapore following an extensive 11-year seagoing career, sailing in all ranks up to and including …
Brookes Bell welcomes Captain Hisyam Haron to expanding Asia-Pacific team Read More »
The International Propeller Club mourns the loss of at least six bridge workers as a result of yesterday’s allision of the containership Dali with the Francis Scott Key bridge at the Port of Baltimore. Thankfully, it appears that all twenty-two crew members of the Dali survived, and we are grateful for the first responders – …
The International Propeller Club’s Remarks On The Francis Scott Key Bridge Accident Read More »
Cash differentials for very low sulphur fuel oil (VLSFO) were steady on Thursday amid lacklustre spot activity and scanty bids. Singapore’s cash differentials for very low sulphur fuel oil were little changed at $1.09 per ton to Singapore quotes. Spot 380-cst high sulphur fuel oil differentials FO380-SIN-DIF also held steady on discounts to Singapore quotes …
Asia Fuel Oil-VLSFO, 380-cst HSFO cash differentials little changed Read More »
Several Russian warships have passed the Bab al-Mandab Strait into the Red Sea, the Russian navy’s Pacific Fleet said on Thursday, amid attacks by Yemen’s Houthis on merchant shipping. The Zvezda TV channel, owned by the defence ministry, quoted the fleet as saying the Russian cruiser Varyag and the frigate Marshal Shaposhnikov were taking part …
The IMO has adopted guidelines for the transport of plastic pellets at sea. The purpose is, of course, to ensure that plastic pellets do not end up in the oceans. Danish Shipping supports the new guidelines but would have preferred them to be made mandatory. It is a major problem if large amounts of tiny …
An Important Step Towards Safer Transportation Of Plastic Pellets Read More »
Norway-based RoRo transportation provider United European Car Carriers (UECC) has spearheaded a collaboration with industry partners to advance cashew nut shell liquid (CNSL) as a sustainable marine fuel. The post UECC, partners join forces on CNSL-based marine biofuel appeared first on Offshore Energy.
Norway-based RoRo transportation provider United European Car Carriers (UECC) has spearheaded a collaboration with industry partners to advance cashew nut shell liquid (CNSL) as a sustainable marine fuel. The post UECC, partners join forces on CNSL-based marine biofuel appeared first on Offshore Energy.
