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Costly environmental regulations boost ship scrapping offshore-energy.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-energy.biz Daily Mail and Mail on Sunday newspapers.
Guide to freight transportation and logistics. Freight shipping and cargo logistics via all modes of transport including forwarding, cargo, freight, trucking, air freight, cargo shipping, express freight, freight forwarders, intermodal, container companies, third party logistics providers, maritime, moving, storage, railroads, trucking, customs house brokers, steamship companies, transportation brokers, freight clearinghouses, leasing and capital equipment financing, shipment tracking, shipment tracing, shipment pricing ....
Sulphur Cap on Ocean Vessels Said to Cost Thousands of Extra Dollars Per Voyage - Latest industry shipping news from the Handy Shipping Guide handyshippingguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from handyshippingguide.com Daily Mail and Mail on Sunday newspapers.
Sulfur can almost always be found in feedstocks and petroleum products. 1 As it is thought to be an undesirable contaminant that results in the formation of harmful pollutants like sulfur oxides, it is typically removed during crude oil processing. Image credit: industryviews/Shutterstock.com While the removed sulfur can be utilized to synthesize other chemicals, like sulfuric acid, crude oil that has a high sulfur content usually has a lower monetary value and is often known as ‘sour crude.’ The lower value denotes the higher costs which come with refining crude oil with this chemical composition. The sulfur content can cause further expenses through damage to refinery equipment as it can also prove corrosive. ....
Advertisement A new set of independent indices for the LNG seaborne trade went live this week (2 March), based on the carriers burning LNG, rather than marine fuel oil or marine gas oil, as their primary fuel. Published twice weekly, the new indices have been given the acronym (BLNGg) and will be published alongside the current LNG indices which are based on LNG carriers burning Very Low Sulfur Fuel Oil (VLSFO). Historical data for the new indices will be available dating back to 1 January 2020. The new standard Baltic vessel has the following speed and consumption specification when burning LNG as a fuel: ....