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FUELSWITCHSNAPSHOTTRADE FLOW INSIGHT

Fuel Switch Snapshot: Conventional gains hand biofuels back their edge

Conventional fuel prices have risen at both Rotterdam and Singapore over the past week while B100 and Rotterdam’s B30 blends have fallen, handing the fuels that are favoured by EU regulations back much of the ground they lost last week. Four spreads have flipped outright, two at each port. B100’s premium over VLSFO in Rotterdam ...

Helena Marsh

Ningbo Marine maps out five-ship bulker expansion

Ningbo Marine maps out five-ship bulker expansion

Shanghai-listed Ningbo Marine is lining up another five bulk carrier newbuildings in China, expanding a fleet renewal programme that could see the owner add close to 600,000 dwt of fresh tonnage. The Zhejiang Energy-backed company has approved up to CNY980m ($136m) for four 65,000 dwt bulkers, while wholly owned Ningbo Marine Singapore has been cleared …

Helena Marsh

BW LNG builds on 174k LNG carrier workhorse with 177k cbm three-tank design
EnergyIndustry news

BW LNG builds on 174k LNG carrier workhorse with 177k cbm three-tank design

BW LNG, a liquefied natural gas (LNG) shipping company that is part of Singapore-based BW Group, has shed more light on its move that pushes LNG carrier capacity beyond the conventional 174,000-cubic-meter (cbm) design with a new 177,000-cbm, three-tank configuration, described as being able to carry more cargo while retaining the flexibility and terminal compatibility of the established vessel class. The post BW LNG builds on 174k LNG carrier workhorse with 177k cbm three-tank design appeared first on Offshore Energy .

Editorial Desk

ENGINE: East of Suez Fuel Availability Outlook

ENGINE: East of Suez Fuel Availability Outlook

Singapore and Malaysia Singapore’s VLSFO availability remains tight, with lead times varying significantly among suppliers. Some recommend around seven days, while others advise much longer lead times of up to 19 days. This compares with last week’s lead times of 7-13 days. A source attributed the tightening availability to reduced supply among suppliers and shortages ...

Editorial Desk

LNG Bunker Snapshot: Singapore LNG bunker price surges amid Middle East supply concerns
Oil & Fuel OilIndustry news

LNG Bunker Snapshot: Singapore LNG bunker price surges amid Middle East supply concerns

Rotterdam Rotterdam’s LNG bunker price has jumped by $70/mt, mirroring gains in the front-month Dutch TTF natural gas contract. Over the past week, TTF has climbed by around 6% to $22.41/MMBtu ($1,165/mt). The latest rally in TTF prices has been driven by the escalating US-Iran tensions and growing concerns over energy shipments through the Strait ...

Editorial Desk

Singapore hits back at US claims of ‘shadow transhipment’

Singapore hits back at US claims of ‘shadow transhipment’

Following US allegations that Singapore is part of a “shadow transhipment network” used by Chinese exporters to circumvent tariffs, its prime minister, Lawrence Wong (pictured), said it would be “unrealistic” to expect the city-state to determine the movement and origin of every consignment passing through its port. . At the National Day rally, Mr Wong hit back at the White House report naming Singapore among more than 40 countries allegedly involved ... The post Singapore hits back at US claims of ‘shadow transhipment’ appeared first on The Loadstar .

Editorial Desk