Thu02Jan |
Thomsen has been appointed to the role of general manager of BP Sinopec in Singapore as of this month. |
![Sonnich Thomsen Appointed General Manager of BP Sinopec Marine Fuels](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_7df286149b826d8fbf1be5959c1ef0af.v.633.jpg) |
Thu02Jan |
The company is looking for candidates with at least one year of experience and a keen interest in the oil and commodities markets. |
![BUNKER JOBS: Pan Nation Petro-Chemical Seeks Bunker Trader in Singapore](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_aab73fda487211ef046b1f46f5c84dd1.v.633.jpg) |
Wed01Jan |
Exceptions have been granted to those who previous applied with a Ship-specific Implementation Plan (SIP). |
![Philippines: 0.50% Sulfur Cap For Domestic Ships Enters Effect from Jan 1](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_254d86e99db09c1d7aac8e803fe0d2fc.v.633.jpg) |
Wed01Jan |
But EU's regulation of shipping emissions is undoubtedly a step in the right direction, says Nina Porst, Executive Director at Danish Shipping. |
![FuelEU: Crucial that EU States Push for International Rules, says Danish Shipping](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_c1a4428a33c0b3706b9e76ac2ef9ae34.v.633.jpg) |
Wed01Jan |
84% of today's alternatively fuelled tonnage is LNG dual-fuel, comprising 1,248 ships with a total capacity of 102.93 million GT. |
![LNG Bunkers Dominate as Over 7% of Global Tonnage Now Dual-Fuel Capable](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_0af5e9f679b069a829dc2c6d3acb6821.v.633.jpg) |
Wed01Jan |
Bunker costs set to rise as new rules take effect from January 1, 2025. |
![FuelEU Maritime Regulations Come Into Force](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_e214c723d2e3968af6f4a281f391e7b9.v.633.jpg) |
Wed01Jan |
For 2024 key benchmark G20-VLSFO slipped just $12/mt, or 1%, to average $626/mt for the year compared to an average price of $638/mt in 2023. |
![Annual Average Bunker Price at Key Hubs Mostly Flat in 2024](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_d34f0cd5ba567fe7cfb36a085067be20.v.633.jpg) |
Wed01Jan |
But the final cost of EU ETS compliance for individual companies in 2024 may not be known until the end of September 2025. |
![EU ETS Added $90/mt to EU Bunker Costs in 2024](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_969d53dc5ed237952415f97de4494081.v.633.jpg) |
Wed01Jan |
LNG. File Image. Image Credit: Ship & Bunker |
![More Owners Mulling LNG-Powered Megamax Boxships: Report](https://shipandbunker.cdn.speedyrails.net/a/img/_mt_c496ad270a30ef8b54ca46bbc95ba73a.v.633.jpg) |