Caribbean ripe for LNG bunkering as 2020 emissions cap looms: speakersUsing LNG in the Caribbean could reduce the price of utility generation by between 15% and 31%
US Gulf Coast bunker operations prepare for storm duoBunkering operations in US Gulf Coast ports were extremely quiet Tuesday as attention was focused on approaching tropical storm Cindy, which according to a National Hurricane Service bulletin could be followed by another storm now forming in the Atlantic Ocean off the Venezuelan Coast.
USGC, USAC high sulfur fuel oil near 7-month lows on crude weaknessUSGC HSFO and NYH 3%S were assessed Tuesday at $40.10/b and $40.22/b, respectively. They were last lower on November 29, when they were $38.14/b and $39.17/b, respectively.
Marine fuels sulfur cap in 2020 to have 'major impacts' beyond shipping: speakersThe global sulfur emission cap from 2020 for marine fuels is marked by uncertainty and will have broad implications beyond shipping for refiners and the global economy, speakers at the S&P Global Platts Bunker and Residual Fuel Conference said Tuesday.
TRADER NOTE: Bunker supplier Aegean appoints interim presidentJean Jose Metey has been appointed interim president after his predecessor, Nick Tavlarios, stepped down on June 1.