Norway’s Equinor sends rare low-sulphur fuel oil to UAE before IMO 2020-sources

Equinor offloaded a rare cargo of very low-sulphur fuel oil (VLSFO) from Norway last week at UAE’s Fujairah bunkering hub to meet expected demand from stricter ship fuel emission rules, according to trade sources and shipping data. The 130,000-tonne cargo has been sold to Saudi Arabia’s Aramco...

https://www.hellenicshippingnews.com/norways-equinor-sends-rare-low-sulphur-fuel-oil-to-uae-before-imo-2020-sources/

CMA CGM applies LSS on RoRo Med Lines

CMA CGM applies LSS on RoRo Med Lines

From January 1st, 2020, the new IMO (International Maritime Organization) 2020 Low Sulphur Regulation will be in effect: all sea-going vessels worldwide will have to comply and reduce their sulphur emissions by 85 %.

CMA CGM announces that its commercial policy regarding bunker-related surcharges on its SSL RoRo Med Lines has been reviewed, and that the company will apply the following LSS20 as from December 1st, 2019:

RoRo Tunisia

  • Trailers : EUR 112 per unit
  • Various Rolling Cargo : EUR 8 per...

https://container-news.com/cma-cgm-lss-roro-med-lines/

Maersk increases rates from India to East Africa

Maersk increases rates from India to East Africa

Maersk is announcing an increase in FAK rates (Freight All Kinds). Below are the FAK rates for a sample list of corridors, commodities and container types where the rate increase is effective.

Origin Destination Commodity 20DC 40DC 40High
India ports (IN)
India ports (IN)
India ports (IN)
India ports (IN)
Djibouti (DJ)
FAK
525 USD
1490 USD
1490 USD
Dar es Salaam (TZ)
FAK
780 USD
1350 USD
1350 USD
Mogadishu (SO)
FAK
625 USD
1250 USD
1250 USD
Zan...

https://container-news.com/maersk-rates-india-east-africa/

Petroleum Brunei sells Jan-loading Kimanis crude at premiums – sources

Petroleum Brunei sold two cargoes of January-loading Kimanis crude, Malaysia’s key export grade, at a premium of around 70 cents a barrel to its official selling price (OSP), three trade sources said on Wednesday. Thailand’s energy company PTT Pcl bought one of the cargoes. The two 600,000-barrel...

https://www.hellenicshippingnews.com/petroleum-brunei-sells-jan-loading-kimanis-crude-at-premiums-sources/

US signs the highest long-term LNG export contract volumes globally for 2019, says GlobalData

Abundant shale gas production in the US has enabled the country to export natural gas as liquefied natural gas (LNG) to global markets. This has supported the country in signing the highest volume of global long-term LNG export contracts in 2019, accounting for around a 67% share, according to...

https://www.hellenicshippingnews.com/us-signs-the-highest-long-term-lng-export-contract-volumes-globally-for-2019-says-globaldata/

Singapore’s Pavilion cancels U.S. LNG cargo loading as market faces oversupply

Singaporean gas importer and marketer Pavilion Energy has taken the unusual step of cancelling the loading of a liquefied natural gas (LNG) cargo from the United States, but has agreed to pay for it, several industry sources told Reuters. The global LNG market is awash with new supply amid slowing...

https://www.hellenicshippingnews.com/singapores-pavilion-cancels-u-s-lng-cargo-loading-as-market-faces-oversupply/