Tag: revision
International Standard for Marine Fuels (Class F) — Specifications of Marine Fuels ISO 8217. The 2024 revision is about to be published
Michael Banning, a fuel specialist at Brookes Bell, has prepared an article summarising the forthcoming changes to ISO 8217 and unveiling important details such as the expansion of the specification from two to four tables, the requirement that the fuel shall be free from Organic Chlorides and many other amendments. Mr. Banning is a Chartered…
Upward revision of the monthly volume of dirty oil flows to China since the beginning of September
The third week of October saw a noticeable improvement in market sentiment in the crude oil freight sector. At the same time, we have observed an increase of rates in the clean tanker segment. This upswing can be attributed to the new geopolitical crisis between Iran and Israel, which has led to a significant level…
Downward revision of the number of MR ships, but still longer waiting times in the south
In the second week of October, the VLCC MEG-China route is trending upward. However, the sustainability of this positive trend remains uncertain due to mounting concerns stemming from geopolitical tensions that are casting a shadow over the energy sector. Notably, Israel’s conflict with Hamas has ignited apprehensions of a potential surge in oil prices, with…