Bunkers are a relatively small part of the overall oil market, accounting for just over 6%. It is what is happening elsewhere in the industry that sets the underlying price in our market, but of course with a number of factors that determine if VLSFO, …
To see where bunker prices are going, we have to look at the bigger oil picture Read More »
The maritime industry’s transition to the sulphur regulation from the International Maritime Organization (IMO) which came into force on 1 January 2020 has not been without problems. Since fuel oil properties are fluctuating, it is expected that qualit…
Industry survey shows switch to low-sulphur fuel has not been without problems Read More »
With commercial shipping estimated to account for between 2-3% of annual global CO2 emissions, there is a strong impetus on the industry to address its impact on the global climate crisis. But the availability of viable and scalable fuel alternatives r…
Can financial incentives help reduce shipping emissions? Read More »
In the past couple of months, it has been a somewhat quieter period in the bunker industry, particularly with regard to VLSFO and LSMGO, with relatively low prices and abundant supply generally. There is clearly a lot of uncertainty about whether oil d…
Monitoring bunker price changes and buying on weighted average price can save you money Read More »
As the debate over how to combat climate change becomes ever more urgent, one company says it has found a way to produce carbon-neutral hydrogen on an industrial scale. In November, Heliogen, an American clean energy company backed by Bill Gates, annou…
Hydrogen – The future of zero-carbon fuels? Read More »