June, 2020
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Forward has been a strong advocate of LNG bunkering as a way for the shipping industry to reduce its carbon footprint.
Forward Ships Raises Concern Over Potential Nitrous Oxide Emissions From Ammonia Bunkers
Bunker fuel should be viewed holistically when considering its carbon footprint.
Shipowner Argues Bunker Fuel Choice Should be on Well-to-Wake Basis
Fuels that require heating may cause damage if stored next to heat-sensitive cargo.
North P&I Club Warns of VLSFO Risks With Heat-Sensitive Cargo
The International Energy Agency is optimistic about a continued recovery into 2021.
Crude Up Again As Virus Concerns Take A Back Seat To Demand Momentum
The spread was just $49.50/mt at Rotterdam on Monday, according to Ship & Bunker pricing, down from $298/mt at the end of 2019.
Euronav Sees US Refining Flexibility Behind Current HSFO Strength
The move is an unusual foray into carbon offsetting for the shipping industry, which has largely focused on developing alternative fuels so far.
MSC Suggests Carbon Offsetting as Early Shipping Decarbonisation Measure
BMS posted earnings before tax of $24.3 million in the year to April 30.
BMS United Sees 62% Jump in Annual Earnings
New research warns failure to act now on addressing the existing fleet's carbon emissions may lead to enforced scrappage later.
New Study Shows New Zero-Emission Ships Alone May Not Be Enough For Shipping's Climate Targets
"That LNG is the most appealing solution for today is not at odds with investing in developing longer-term solutions for the industry."
Total Sees LNG as 'Clear Leader' Among Current Alternative Bunker Fuels
Still, analysts worry that demand may plunge again.
Coronavirus Fears Cause Oil To Shed Gains, But More Lockdowns Seems Unlikely - At Least In The U.S.