April, 2021
Date Headline Image
Wed14Apr
Panelists at IBIA's Shipping & Bunkering in Transition conference said as much as 10% of traditional financing for the bunker industry has disappeared, and new lending is only available at a much higher cost.
FEATURE: Bunker Industry Assesses Credit Situation With 10% of Financing Disappearing
Wed14Apr
The company held a launching ceremony for the new ship, a pure car and truck carrier, on Monday.
UECC Launches First Hybrid LNG- and Battery-Powered Car Carrier
Wed14Apr
The Ever Given has been arrested following a successful court application by the authority on Tuesday.
Suez Authority's $916 Million Claim Over Ever Given Grounding 'Largely Unsupported'
Wed14Apr
At IBIA's Bunkering & Shipping in Transition conference on Monday, industry veteran Nigel Draffin noted that the higher nitrogen emissions of biofuels compared with conventional bunkers may be in conflict with regulation 18 of MARPOL Annex VI.
IMO Sees MARPOL Annex VI Wording Complicating Use of Biofuel Bunkers
Tue13Apr
Still, indications still point to a "tremendous" demand recovery soon.
Oil Edges Higher On China Data, But Johnson & Johnson Halt Caps Gains
Tue13Apr
Monjasa's bunker sales volumes jumped to 4.9 million mt last year, while profits gained 13.2% to $30 million.
'Soaring' Singapore Demand Sees Monjasa 2020 Sales Gain 8.9% in Shrinking Global Market
Tue13Apr
The AmmoniaMot project, due to run for three years from December 2020, will aim to define the steps needed to produce a duel-fuel, medium-speed engine that can use ammonia as well as conventional bunkers.
MAN Enters Three-Year Project to Develop Ammonia and Diesel Engine
Tue13Apr
DNV's latest data show the global gas-powered fleet now consists of 198 ships, with a further 106 on order and another 142 vessels labelled 'LNG-ready'.
Gas-Powered Fleet Nears 200 Ships: DNV
Tue13Apr
The two new 5,000 DWT self-discharging bulk carriers will replace older vessels with conventional propulsion systems.
Norway's Hagland Shipping Orders Two Battery-Powered Bulkers
Tue13Apr
The presence of solvent chemicals in a ship's fuel could lead to poor combustion and lubrication, fuel pump seizures and damage to piston rings and engine liners.
Skuld Warns of Bunker Contamination From Cleaning Products