Category: Webinars

Recorded Live at Maritime Decarbonisation Europe Conference 2024

In an industry resistant to rapid change, how can shipowners make their demand for cleaner fuels clear?

ENGINE’s Managing Editor, Erik Hoffmann, lays out the critical indicators signalling demand for alternative fuels that fuel producers and suppliers are closely monitoring, plus:

• Are fuel suppliers monitoring the shipping market for dual fuel vessel orders? Do orders signal demand?
• How should shipping companies convey their plans for using alternative fuels to fuel suppliers?
• The role of pilot projects in building assurance of end user demand
• What other assurances or commitments do fuel suppliers need to support the business case to build a new alternative fuel production plant?
• At what prices will the various more sustainable fuels make sense to bunker for ships capable of burning them?

 

About the Speaker

As Managing Editor of the ENGINE News desk, Erik leads a team of journalists who utilise data, first-hand reporting and market knowledge to cover the marine fuels sector and the decarbonisation of shipping.

Erik is a member of the IBIA Alternative Fuels Working Group and regularly delivers talks on future fuels, shipping’s green energy transition, environmental regulations, and the impact of geopolitical events on shipping. Erik is currently working on a research project to map the global biofuels supply chain and develop robust biofuel bunker pricing benchmarks.

 

Recorded Live at Shipping & Risk Management 2024

Managing Editor, Erik Hoffmann, delivers a talk at the risk management conference hosted by Freight Investor Services in Athens.

In this 20-minute presentation, Erik provides insights on the financial attractiveness of different alternative fuels as compared to conventional fuels, and the impact that environmental regulations will have on their rate of adoption:

▪️ Biofuel bunker blends are getting more widespread, but major challenges persist related to feedstocks and sustainability documentation
▪️ Gas looks good on price and availability, for now
▪️ E-fuels are still held back by limited power-to-x capacity, but you will not necessarily need that much of it per ship initially
▪️ The EU ETS has so far just been a carbon tax without being a fuel switching trigger for EU-trading ships. Can FuelEU Maritime come to the rescue for decarbonisation?

Download the presentation slides here.

 

About the Speaker

As Managing Editor of the ENGINE News desk, Erik leads a team of journalists who utilise data, first-hand reporting and market knowledge to cover the marine fuels sector and the decarbonisation of shipping.

Erik is a member of the IBIA Alternative Fuels Working Group and regularly delivers talks on future fuels, shipping’s green energy transition, environmental regulations, and the impact of geopolitical events on shipping. Erik is currently working on a research project to map the global biofuels supply chain and develop robust biofuel bunker pricing benchmarks.

 

Description

Geopolitical events, evolving industry regulations and fuel availability are all challenges that bunker buyers must navigate. In this 50 minute webinar, our experts discuss how shipowners and bunker buyers can leverage ENGINE’s historical and live market data to their advantage. Topics covered include:

• Global price trends and how they have impacted bunker purchasing
• How some popular bunkering ports can become less competitive on price
• Bunker fuel quality and why it should influence buying strategies
• How to look up trends and port-specific ENGINE news stories to keep on top of the market, and more

Speakers

Anton Shamray has been involved in developing ENGINE from the start, building on his experience as a research analyst, bunker buyer and petroleum surveyor. His past projects include developing a bunker pricing algorithm, fuel quality analytics, helping in the IMO2020 transition and improving bunker buying processes, among others.

Journalist and Content Manager Erik Hoffmann writes about the shipping and marine fuel industries and was a Senior Reporter for Argus Media. As the force behind ENGINE’s news desk, Erik’s team reports reliable and timely information about the global bunker markets.

Description

With fuel prices experiencing increased volatility in an ever-changing world, how do ship owners best navigate their way around this? Our expert panel engage in a wide-ranging discussion on the oil markets, marine fuel hedging and the various strategies that can be employed to help manage pricing risk. Topics covered during this 45-minute session include:

• Recent trends in the oil markets and an introduction to fuel hedging
• IMO2020 changes, HSFO, VLSFO, and how this has impacted hedging activities
• Practical considerations when it comes to hedging and basis risk
• Views on the effectiveness of hedging and common pitfalls

Our speaking panel consists of global freight and commodity derivatives brokers, Freight Investor Services, leading fuel management services provider Integr8 Fuels, and ENGINE’s in-house experts.