Ecuador, Balao Oil Terminal - Ballast
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In 2019, prior to the onset of the COVID-19 pandemic, jet fuel contributed an estimated 8% of oil products’ cargo demand. When travel restrictions were imposed during the pandemic, air travel suffered significantly and jet fuel shipments in 2021 were down approximately 33% compared to 2019. Airlines... Please follow the link to continue reading.
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The engine manufacturers' association publishes important guidance on the new ISO 8217 standard for specifications of marine fuels. BIMCO share this guideline to create awareness in the industry.
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BIMCO's Shipping Analyst looks at the shipping number of the week. This week: China oil exports