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
Shipping Companies Take on Scrubber Service Contracts After Warranties End
by Ship & Bunker News Team
Wednesday March 17, 2021 Shipping companies who bought scrubbers in the run-up to 2020 are starting to take on long-term service agreements for the emissions-cleaning systems as their initial warranties come to an end. Scrubber manufacturer
January and
February, it said in an emailed statement on Wednesday. As warranties end, ship-owners now find their way back to the supplier for service, the company said. Most engineers outside Yara Marine Technologies and the scrubber industry, still consider scrubbers as new equipment and still they lack experience on how to conduct preventative maintenance in an optimal way.
Uniper Fujairah Refinery Restarts
Wednesday March 17, 2021 Energy producer
Uniper has restarted its Production was ramped up at the restarted unit on Friday, price reporting agency S&P Global Platts reported on Wednesday, citing comments from a Uniper spokesman. Bunker prices at Fujairah have risen compared with other ports as a result of restricted supply at the port. The premium for VLSFO delivered at Fujairah over Singapore s levels stood at
$36.50/mt on Tuesday, according to
Ship & Bunker pricing, while the two prices were at the same level a week earlier. Uniper has marine fuel production capacity of about 3.6 million mt/year at its Fujairah plant.
Denmark Deploys Frigate to Gulf of Guinea Over Piracy Concerns
by Ship & Bunker News Team
Wednesday March 17, 2021 The government of
Gulf of Guinea on concerns over increased piracy in the area. The frigate will be deployed in the autumn of this year, Denmark s
Ministry of Foreign Affairs said in a statement on its website on Tuesday. Piracy threatens the security of Danish and foreign crews, the ministry said in the statement. In such a situation we cannot and shall not just watch. We must stand up for the right to free navigation. The Danish Navy has previously proved strong and important in the combating of the pirates.
FOBAS Alert: High Sediment Fuels from ARA Region
by FOBAS
FOBAS has tested several samples from ARA (Antwerp, Rotterdam, Amsterdam), which had tested Total Sediment Potential (TSP) results exceeding the ISO8217 specification limit of 0.10% m/m. The samples were all VSLFO fuels and TSP results ranged up to 0.35% m/m. Fuels with high sediments can result in excessive sludge deposition in tanks and throughout the handling and treatment/fuel injection systems. Furthermore, in certain cases the attempted use of such fuels may result in highly compromised combustion leading to engine and turbocharger damage. In view of the above, if your ships are planning to bunker in these ports, we recommend that suppliers are advised of your concerns regarding the stability of the fuel in the area, and that they provide you with additional reassurance that they will adhere to the ISO 8217 requirements for the grade ordered.