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KPI OceanConnect Sees Global Bunker Demand Gain 3-5% This Year by Ship & Bunker News Team Friday May 28, 2021 Marine fuel supplier KPI OceanConnect expects to see a healthy rise in the global bunker market this year, but not back to the level seen before the COVID-19 crisis. The firm expects to see demand 3-5% higher overall this year than in 2020, CEO Bunker volumes at the world's leading hubs sank by 6.3% on average from Demand has not seen a stellar recovery on a yearly basis so far this year -- Singapore's first-quarter sales were 0.8% higher than a year earlier, Rotterdam's sl...

Additive Firm Sees Excessive Storage Times Behind VLSFO Stability Issues by Ship & Bunker News Team Monday May 17, 2021 The COVID-19 crisis has contributed to bunker stability problems, according to Newport CEO Ralph Lewis. Image Credit: Newport Fuel Solutions VLSFO blends being left for too long in their finished state may be behind stability issues for the new fuels, according to additive firm Newport Fuel Solutions. The varied nature of the new VLSFO blends was always likely to result in stability problems in some cases as unsuitable or mistreated fuels separate in tanks, and there hav...

Rosneft Saw 15.4% Drop in Bunker Sales in First Quarter by Ship & Bunker News Team Friday May 14, 2021 Russian energy producer first quarter of 2021. The company sold a total of 330,000 mt of marine fuels to end-users in the first quarter, down by 15.4% from the 32.7% from the fourth quarter of 2020. The decline follows a sharp drop last year, with 2020's total sales down by 32% from the previous year at 1.9 million mt. Russian bunker demand took heavy blows last year both from the IMO 2020 transition, which took away most of the market for its cheap HSFO output, and the COVID-19 p...

S&B ANALYSIS: Singapore April Bunker Demand Advances by Jack Jordan, Managing Editor, Ship & Bunker Thursday May 13, 2021 Bunker demand in Singapore, the world's largest marine fuels hub, advanced on both a yearly and monthly basis in April. 4.3 million mt in April, according to preliminary data from the Maritime and Port Authority, up by 1.34% from the previous month and by 3.5% from 2.8 million mt, HSFO surged by 41.4% to 21.4% to 65.7% to 25.6%, up from 18.7% at the same time last year. The niche LNG bunker market in Singapore is starting to grow this year, but has not yet be...

VLSFO Adds up to $20,000/Year of Operational Costs Per Ship: Norbulk Shipping by Ship & Bunker News Team Thursday May 13, 2021 The use of VLSFO since the IMO 2020 transition may have added operational costs of as much as $20,000/year per ship on top of the higher bunker price, according to Norbulk Shipping. Maritime AMC. "I would guesstimate that the extra cost for additional sampling, onboard test kits, increased purifier maintenance, supply and installation of cermet piston rings, treatment chemicals, additional filtration equipment is in the region of between US$10,000 and $20,000 per...