India, Sri Lanka see weak bunker fuel demand in November

Bunker markets in Mumbai saw a fall in demand for bunker fuels due to the inconsistency in availability of supplies at the port, while despite plentiful supplies, traders across Sri Lanka said the drop in the number of ship calls reduced the total bunker demand at the port, India Shipping News reported, citing Platts data.

ABB and Seafjord Energy introduce pioneering e-bunker vessel concept

 ABB’s power and propulsion solution was chosen by SeaFjord Energy, a Swedish innovator in marine energy solutions, for a pioneering e-bunker vessel concept that offers a new way of supplying energy to ships at sea, in fjords or in ports. The vessel concept, developed in collaboration with FKAB Marine Design and Bureau Veritas, a French

Bunker demand in Indian, Sri Lankan ports mixed in June

Bunker demand for very low sulfur fuel oil at Indian ports remained mixed in June with the arrival of Southwest monsoon. West-coast India, which makes up for most of the bunker demand in the country saw a good flow of inquiries throughout June supported by increased availability of product, traders said. In June, the number

Hapag-Lloyd, ZeroNorth announce partnership to develop bunker procurement

ZeroNorth and Hapag-Lloyd have announced a new strategic partnership aimed at launching an industry leading bunker procurement and planning solution.  The partnership between the two companies will set out to create a new digital solution that enables Hapag-Lloyd to effectively navigate the energy transition, reduce their fuel spend, and cut their cost to serve. The

Banle Energy takes part in Tata Steel B24 bio bunker fuel voyage

Banle Energy International Limited, a Hong Kong subsidiary of the Banle Group said it participated in the successful full-laden leg voyage from Gladstone to Paradip undertaken by Tata Steel Group (Tata Steel). The voyage was completed through a collaborative effort, with a 1,000 metric tonnes (mt) B24 biofuel supply provided in partnership with Cargill International

Marine fuel oil exports from China plunge 32%

China’s exports of marine fuel oil fell 32 percent in March 2024 from the same month a year earlier, reaching 1.32 million metric tons, according to recent data from the General Administration of Customs. Industry sources attributed the stronger export volumes to lower bunker prices at key Chinese ports like Zhoushan and Shanghai, compared to

STX Group,Titan Clean Fuels complete largest ship-to-ship LBM bunker

Liquefied natural gas (LNG) and biomethane (LBM) supplier Titan Clean Fuels and environmental commodities trading and climate solutions provider STX Group successfully concluded a ship-to-ship bunkering of 2,200 metric tons of LBM to the Brussels Expresss in the port of Rotterdam. This transaction marks Hapag-Lloyd’s entry into using LBM as sustainable bunker fuel, representing the

CMA CGM LNG bunker consumption increases 32% in 2023

France-based shipping company CMA CGM’s total marine fuel demand shrank by 2pc in 2023, but its LNG bunker consumption was up by nearly a third as the company looked for cheaper alternative marine fuels. CMA CGM’s vessels burned 7.92mn t of marine fuel in 2023, down from 8.10mn t in 2022. Of this amount, LNG

Fuelink platform provides one-stop shop for bunker data management

Fuelink, a maritime technology provider has launched its new digital platform providing a one-stop shop for bunker data management and fuel supply optimisation. Fuelink will enable effective fuelling strategy forecasting, bunker price comparisons and compliance with the European Union’s Emissions Trading System (EU ETS), including inventory management of EU Allowances (EUAs). The bunker-specific digital platform

TFG Marine to start first Mideast bunker fuel supply

Marine fuel supplier TFG Marine, majority-owned by commodities trader Trafigura, has entered into an agreement with Oman’s SOHAR Port and Freezone to set up its first Middle Eastern bunker fuel supply, the companies said in a statement. Situated in Oman near the Strait of Hormuz and facing the Arabian Sea, the SOHAR Port and Freezone