CMA CGM Sticks With Sharply Reduced Bunker Hedging
by Ship & Bunker News Team
Wednesday March 17, 2021 Container line IMO 2020 transition, has cut hedging slightly further for this year. By the end of
10% of its expected bunker requirements for
2019, but by a year later it had hedged just 0.8% of its requirements for 2020. For this year, by the end of 2020 CMA CGM had hedged just 0.5% of its expected 2021 requirements, it said in its annual report last week. The company consumed about
7.8 million mt in 2019. The firm s bunker and consumables expenses sank by
11% to
Bunker One Offers Live Streaming of Bunkering Operations, May Help Avoid Disputes
by Ship & Bunker News Team
Monday March 1, 2021 Marine fuel supplier
Bunker One is allowing some of its customers to view live video streaming of their ship being bunkered to bring more transparency to the process. Buyers taking deliveries via Bunker One s barge the
Amak Swan can now view a live video of the operation, or view the recording for up to
45 days afterwards, a company representative told
Ship & Bunker by email.
Baltic, delivering bunkers to ships in Danish and The service enables flexible and transparent bunkering by digitalising the process, the company representative said.
INTERVIEW: Maersk Decarbonisation Guru Sets Out Path to Zero Carbon
by Jack Jordan, Managing Editor, Ship & Bunker
Monday February 22, 2021 Shipping giant
AP Moller-Maersk is one of the largest corporate consumers of oil on the planet, and has set itself the target of becoming carbon-neutral in the next
three decades.
10.3 million mt of bunker fuel last year, taking up about
4% of total global marine fuel demand. Maersk has been relatively quiet on its decarbonisation plans thus far, while rivals like France s
CMA CGM have made big moves into LNG bunkering. But this week the firm announced it would only be buying vessels capable of burning zero-carbon fuels from now on.