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Results for:Bunker prices
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Jamaica, Bustamante-Kingston - Supplies
20 August 20192020 Sulphur cap seminar: Are your bunker clauses ready and compliant?
08 October 2019Technical and regulatory aspects of the 2020 global fuel sulphur limit are major concerns to the industry ahead of 1 January 2020. The course focuses on all aspects including bunker clauses.
Norway, Langesund - Supplies
27 February 2018First BIMCO 2020 bunker clause fast tracked for October
26 September 2018BIMCO will produce several clauses dealing with specific issues related to 2020, as making one clause to fit all concerns was deemed unworkable. The first 2020 clause – focused on compliance - may be published as soon as end October.
Bunkering Prior to Delivery/Redelivery Clause 2011
07 December 2023In October 2009 BIMCO initiated a project to develop a suite of standard bunker clauses for use in time charter parties. The rationale behind developing the suite is simply to address the ever increasing importance of bunker issues in time charter parties and the need to ensure that the risk of bunker disputes is minimised by clearly worded clauses that reflect legislative developments. The Suite of Clauses was adopted by BIMCO’s Documentary Committee at its meeting in Vancouver in June 2011. The Suite provides clauses covering matters relating to delivery/redelivery bunkers; bunkering operations; sampling; fuel testing programmes; and ECA trading, all of which are matters that are frequently absent from or insufficient in many standard time charter parties. Many older time charter forms contain bunker clauses covering the fundamental principles under the charter, but simply do not contemplate today’s situation where vessels are required to carry and use several grades of fuel and where sampling and testing regimes are an integral part of the process.
Demolition report dated 21 July 2023
24 July 2023Prices continue to struggle across all of the major ship recycling markets, as Bangladesh further declined off of the back of depreciating currencies and sustained L/C struggles, while Turkey suffered similarly with declining steel plate prices, the Lira, and finally, its vessel prices. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
High-sulphur fuel oil sales rebound after pre-IMO 2020 correction
29 April 2021In the first quarter of 2021 high-sulphur fuel oil (HSFO) has been the only bunker fuel to experience year-on-year growth in Singapore, the world's largest bunkering hub.
Fuel spread now available for 32 ports on BIMCO website
07 November 2019BIMCO members can now monitor the price spread between Marine Gas Oil Low Sulphur and 380 centistoke High Sulphur Fuel Oil in 32 different ports around the world with daily information supplied by MABUX.
