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Singapore, Rotterdam ports say no reports as yet of cashew nutshell marine fuel problems

Singapore, Rotterdam ports say no reports as yet of cashew nutshell marine fuel problems
Port authorities in Singapore and Rotterdam said they have not received reports of vessels experiencing problems related to the use of cashew nutshell liquid biofuel – an issue highlighted by fuel testing agency CTI-Maritec last week. Several ships using the two ports...
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Asia Fuel Oil-VLSFO premium steadies, though market structure softens

Asia’s spot premium for very low sulphur fuel oil (VLSFO) held steady on Monday, although the market structure softened at prompt trading months amid ample supplies. The Singapore cash premium was pegged at $4.50 a metric ton, even as market backwardation narrowed for...
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Marine Fuel Problems Persist Five Years On From IMO 2020 Sulphur Cap Rules

As the fifth anniversary of the IMO 2020 Sulphur Cap approaches, fuel compatibility and viscosity problems continue to result in marine engine component damage and high cat fines. “We expected fuel incompatibility problems and high levels of cat fines to diminish with...
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China to Mexico West Coast – a case for data-driven freight strategies

Predicting how and why ocean container shipping rates rise or fall is not an easy task and means shippers struggle to forecast freight spend with any degree of accuracy or confidence, especially in light of the volatility in 2024. There is no crystal ball, but by...
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Baltic index hits more than two-week low as larger vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in more than two weeks on Monday as rates declined across the larger vessel segments. The index, which factors in rates for capesize,...
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J.P. Morgan sees Brent oil price averaging $73 a barrel in 2025

J.P. Morgan sees Brent oil price averaging $73 a barrel in 2025
J.P. Morgan sees the price of Brent oil averaging $73 per barrel (/bbl) in 2025 and expects it to close the year firmly below $70/bbl, with U.S. West Texas Intermediate at $64/bbl, the bank said in a note on Friday. “Our view on 2025 has remained largely unchanged...
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