Singapore bunker hub posts decline in fuel sales for Aug

Marine fuel sales at Singapore, the world’s largest bunker hub, posted a 2.3% monthly decline in August due to softer demand for key conventional fuel grades, data showed. Athough marine biofuel sales reached a monthly record high. Volumes for conventional bunker fuels softened for key grades month-on-month, as some spot demand got diverted to other

MOL initiates study with NIES on marine fuel

Mitsui OSK Lines (MOL) has announced the launch of a joint study on bunker fuel with Japan’s National Institute for Environmental Studies (NIES). Under a three-year project, MOL and NIES will carry out fuel quality analysis and research for the safe operation of machinery on vessels. MOL plans to link the study with big data