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Image Credit: Manifold Times Repost: The Vietnam Coast Guard on Wednesday (21 December) said it has seized an oil tanker transporting about 15 tonnes of unknown origin fuel oil. The Coast Guard Region 1 Command discovered the ship at Hai Phong-Thai Binh on 21 December at 3.05pm. The vessel displayed …

Image Credit: Ship & Bunker Repost: With Thursday being a light trading day across the board, oil followed other markets in experiencing a modest decline, but keeping the losses in check were two factors: tightening U.S. crude supplies and China‘s potential economic recovery after alleviating its lockdown policies. Data showed …

Image Credit: Ship & Bunker Repost: The use of mass flow meters (MFMs) is set to become mandatory for bunker supply at the ports of Rotterdam and Antwerp-Bruges in Northwest Europe. The Port of Rotterdam and the Antwerp-Bruges Port Authority are set to work together to introduce the new regulation, …

Repost: In an open letter to BIMCO President Sabrina Chao today, a group of 23 major charterers have expressed their concerns about the recently adopted BIMCO CII Operations Clause for Time Charter Parties. The group argues that the new clause places a disproportionate burden on charterers to comply with the …

Image Credit: Manifold Times Repost: The Malaysian Maritime Enforcement Agency (MMEA) on Friday (9 December) said it detained a fishing vessel and its three foreign crew members in Langkawi waters believed to be illegally smuggling subsidised diesel oil. Kedah and Perlis MMEA said the agency’s patrol boat detected a local …

Image Credit: Ship & Bunker Repost: Traffic through one of the Panama Canal‘s sets of locks was temporarily halted on Thursday after a fire broke out. Vessel traffic at the Miraflores locks was temporarily suspended after a fire, news agency Reuters reported, citing comments from the canal authority. No injuries …

Repost: The rate of oil prices plummeting compared to the previous session increased on Friday, with recession fears fully seizing traders as central banks around the world vowed to escalate interest rates in a bid to fight inflation. West Texas Intermediate fell $1.82 to $74.29 per barrel and Brent plummeted …

Repost: The International Maritime Organization (IMO) has formally adopted its plan to limit sulfur emissions from ships in the Mediterranean to 0.10%. IMO approval for the introduction of a Sulfur Emissions Control Area (SECA) for the Mediterranean (MEDSECA) was taken at MEPC 78 in June, leaving this week’s action merely …

Repost: Bunker fuel sales at the Middle Eastern hub of Fujairah, the world’s third-largest marine fuels location after Singapore and Rotterdam, dropped to the lowest level in four months in October. Total sales excluding lubricants sank by 15.6% on the year to 655,126 m3 in October, according to the latest data from the Fujairah Oil Industry Zone and price reporting agency S&P Global Commodity Insights. The total was …

Repost: Singapore bunkering firm Integr8 Fuels Pte. Ltd. on 28 October successfully obtained an order from the General Division of The High Court of the Republic of Singapore against alleged confidentiality and competition infringement violations of two previous employees, according to documents obtained by Singapore bunkering publication Manifold Times. Kim Hyung …