World News

VPS: The Effect of FAME Contamination on Engine Oil

Stanley George of VPS discusses how the use of biofuels can affect engine lubrication.

23 Jun 2025 · Stanley George – Group Science & Technical Manager, VPS

Japanese Shipping Firms 'Minimising Time in Gulf' Amid Iran Threats: Report

Shipping companies Nippon Yusen and MOL have instructed their vessels to minimise time spent in the Gulf where possible after US strikes on Iranian nuclear facilities over the weekend

23 Jun 2025

BUNKER PRICES: G20-VLSFO Index Jumps to Four-Month High

Global VLSFO prices are at their highest level since the end of February.

23 Jun 2025

Crude Futures Jump After Iranian Threats to Strait of Hormuz Ship Traffic

Iran's parliament reportedly voted to close the Strait of Hormuz on Sunday, while the country's foreign minister said it reserves all options to defend its sovereignty.

23 Jun 2025

GAC Bunker Fuels Wins ISCC Certification

The certification demonstrates the firm's credentials as a trusted supplier of sustainable marine fuels.

20 Jun 2025

Maersk Temporarily Halts Haifa Port Calls Amid Regional Instability

Maersk has paused port calls at Israel's Haifa port, citing safety concerns amid rising Israel-Iran tensions.

20 Jun 2025

ZeroNorth Appoints Kåre Kjelstrøm as CPTO to Drive AI in Shipping

He will oversee ZeroNorth's tech and product strategy, focusing on generative AI and maritime autonomy.

20 Jun 2025

Korean Consortium to Develop Global Standards for Ammonia Effluent Discharge

The group aims to submit a draft set of guidelines on ammonia effluent discharge to the IMO in 2026.

20 Jun 2025

Oils Gains Almost 3% As Iran Warns U.S. To Stay Out Of Mid East Hostilities

Trump will take two weeks to decide whether to join Israeli campaign.

19 Jun 2025

Weekly Vessel Scrapping Report 2025: Week 24

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 12 – June 18, 2025.

19 Jun 2025

Solvang and Seatrium Explore Carbon Capture Retrofit for Gas Carriers

Solvang already operates a CCS-equipped vessel and plans to expand its use of the technology across more ships.

19 Jun 2025

Fratelli Cosulich and IINO Lines Join Forces on Alternative Marine Fuels

They will work together to explore business opportunities in alternative marine fuels, focusing on methanol, LNG and ammonia.

19 Jun 2025

Ammonia Tops BIMCO Polls as Tanker Industry's Preferred Fuel of the Future

More than half of the participants in BIMCO's latest tanker safety meeting backed ammonia as the most viable fuel by 2040, though concerns remain over safety and readiness.

19 Jun 2025

Charterparty War Risk Clauses Face Real-World Test as Iran-Israel Tensions Escalate: Gard

Gard says charterparty signed before the June 13 Iran-Israel escalation may offer shipowners a firmer legal footing to reject transits through Hormuz, especially if threats intensify.

19 Jun 2025

Uncertainty Dominates Oil Trading As Trump Considers Military Action Against Iran

Implied volatility continues to climb, says Babin.

18 Jun 2025

Maersk Expands Dual-Fuel Methanol Fleet to 14

The new vessel will make its first port call at Shanghai on July 7, where it is set to join Maersk's East Asia to Northern Europe service.

18 Jun 2025

Proteus Unveils Hydrogen Fuel Cell System for Shipping Ahead of 2026 Rollout

The fuel cell system is suitable to power harbour crafts, coastal and inland vessels.

18 Jun 2025

Subdued Trade and IMO Rules to Stall Bunker Demand Growth Through 2030: IEA

IEA says bunker fuel demand is set to remain flat through 2030 as weak trade and tightening IMO rules offset shipping growth.

18 Jun 2025

Alexander Döll Appointed CEO of the Methanol Institute

Alexander Döll takes over as CEO of the Methanol Institute, succeeding long-time leader Gregory Dolan.

18 Jun 2025

ANALYSIS: Understanding the Global Orderbook in Terms of Conventional & Alternative Bunker Fuel Demand - 2025 Update

If nothing else, the current Orderbook indicates the industry does not expect widespread availability of alternative fuels in the foreseeable future.

18 Jun 2025