Increased prices for liquefied natural gas (LNG) have resulted in Fjord Line and AIDA to stop using the fuel and switch back to marine gas oil (MGO). For Fjord Line, this means its two LNG ships will have their single-fuel LNG engines replaced by dual-fuel LNG/MGO...
Fuel prices have taken a massive nosedive since the beginning of the year with low sulphur fuel prices in Singapore dropping from 734 US dollars per tonne on January 1st to 415 US dollars per tonne today. The price drop comes at a good time as the transport and...
With IMO 2020 now in effect, fuel prices for low sulphur fuel have soared, shooting up almost fifty per cent in major bunker ports like Singapore. Prices for heavy fuel oil, on the other hand, have remained fairly stable and companies that have invested in scrubbers...
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