marine fuel

The cost of ship fuel looks like it’s about to topple records set in 2012 and 2008.

The Sustainable Shipping Initiative’s recent report on marine fuels urges the inclusion of all aspects of sustainability, such as air quality, human rights, water, social equity, land use and of course, greenhouse gas emissions.

European shippers have joined with leading container line analyst Drewry to bring order to the “who pays what” implementation of IMO low-sulfur fuels.

Ben Thrower writes about the coming IMO 2020 regulations and its impact on the shipping industry.

The Port Report focuses on another vessel being seized in the Strait of Hormuz.

Jim Wilson reports on Hong Kong-listed dry bulk ocean shipping company Pacific Basin’s earnings.

Dry bulk transport is about to get more expensive thanks to new marine fuel regulations.

Suppliers, traders and ship operators will need to increase credit lines and be more diligent about counterparty risk.

International oil major BP has announced that it will retail a new very low sulfur fuel oil following successful sea trials, however, it has not released a date when sales will begin. The fuel will have a maximum sulfur content of 0.5 percent and will be sold by BP around the world. BP is one of several refiners, such as Shell and Sinopec, that are offering or are researching low-sulfur fuel.