The accumulated growth rate for US inbound containers has almost been cut in off half from 5.1% in 2018 to 2.6% in August of 2019. Towards the end of 2018, US retailers frontloaded consumer goods ahead of the planned tariff hike in January 2019. While …
Growth of US inbound containers has slowed to 2.6% in 2019 Read More »
The IMO specification change will limit Sulphur content in ships’ fuel oil from 3.5 to 0.5 percent from January 2020. This will shift a large amount of bunker demand from high-Sulphur fuel oil (HSFO) to low-Sulphur fuel oil (LSFO) and gasoil across reg…
Changes To China’s Tax Treatment Of Fuel Oil Shakes Up Bunker Market Read More »
Subsea 7’s newbuild reel lay vessel Seven Vega has been transported from Royal IHC’s shipyard in Krimpen aan den IJssel to Rotterdam Heijplaat through the beautiful scenery of Rotterdam.Launched in May 2019, Seven Vega is a high-specification…
Video: Subsea 7 Reel Lay Vessel Transported Read More »
Energy Transfer LP said on Thursday discussions with potential shippers to build an offshore crude export facility in Texas capable of handling supertankers were progressing on schedule, with the project expected to be in service by late 2022…
Energy Transfer: VLCC Offshore Port to be Ready Early 2023 Read More »
BIMCO members can now monitor the price spread between Marine Gas Oil Low Sulphur and 380 centistoke High Sulphur Fuel Oil in 32 different ports around the world with daily information supplied by MABUX.The service is intended to assist members…
Fuel Spread for 32 Ports on BIMCO Website Read More »