World News

Anemoi to Install Rotor Sail System on U-Ming VLOC

The company expects fuel and emissions savings of 10-12% on deep-sea routes between China and Brazil, South Africa and Australia.

28 Nov 2024

Hapag Lloyd Signs 250,000 MT/Year Green Methanol Deal

The firm has signed an offtake agreement with Beijing-based Goldwind for the delivery of 250,000 mt/year of a blend of bio- and synthetic methanol.

28 Nov 2024

COSCO Shipping Signs Green Methanol Deal

The company has signed a memorandum of understanding with CP Group and Freepoint Commodities aiming to advance green methanol production and use.

28 Nov 2024

Tsuneishi Shipbuilding Launches Methanol-Fuelled Ultramax Bulker

The 65,700 DWT dual-fuelled bulker was launched from the country's factory on November 22.

28 Nov 2024

BUNKER PRICES: G20-VLSFO Index Sinks to 17-Month Low

Ship & Bunker's G20-VLSFO Index lost $3.50/mt to the lowest level since June 2023 on Wednesday.

28 Nov 2024

Langh Tech Launches Onboard Carbon Capture System

Damen Shipyards Group will make the first commercial installations of its system on board four bulk carriers in early 2025.

28 Nov 2024

Oil Mixed As Impact Of Middle East Cease-fire Quickly Dissipates

Also, analysts diffuse the likelihood of Trump tariffs ever being imposed.

27 Nov 2024

Castrol Appoints New CEO of Global Marine and Energy Business

Mathieu Boulandet has been appointed to the role of global marine and energy CEO in Dusseldorf as of last month.

27 Nov 2024

MSC Adds 400 Second-Hand Boxships to Fleet in Four Years

The additions in this buying spree represent a total of 1.66 million TEU with an average age of 20 years.

27 Nov 2024

Sing Fuels to Open Offices in Turkey and Shanghai

The company plans to open the Turkish representative office in December and the Shanghai office in the first quarter of 2025.

27 Nov 2024

BUNKER JOBS: FincoEnergies Seeks FuelEU Pooling Business Manager

The company is looking for candidates with at least five years of experience in driving successful commercial initiatives in a maritime, logistics or energy business development role.

27 Nov 2024

Auramarine Signs Hybrid Fuel Supply Systems Deal

The firm will supply diesel fuel oil and liquid biofuel supply systems to two Meriaura ships to be built by Royal Bodewes in the Netherlands.

27 Nov 2024

Value Group Wins €2 Million Investment for Captured Carbon Processing

The firm has received the investment from Netherlands-based fund Energietransitiefonds Rotterdam.

27 Nov 2024

BUNKER PRICES: G20-VLSFO Index Drops to One-Week Low

Ship & Bunker's G20-VLSFO Index lost $4/mt to the lowest level since November 18 on Tuesday.

27 Nov 2024

Core Power Signs Deal to Develop Floating Nuclear Power Plant

The two firms have signed a cooperative agreement to design and develop a floating power plant using an eVinci microreactor.

27 Nov 2024

Israel Ceasefire Deflates Risk Premium, Oil Could Drop $3 Further: Yawger

Meanwhile, U.S. inventories drop unexpectedly.

26 Nov 2024

Quadrise Signs Emulsion Fuel Deal With Cargill and MSC

The collaboration between the three firms paves the way for trials of Quadrise's fuel on board the MSC Leandra.

26 Nov 2024

A Third of All Ballast Water Treatment Systems Aren't Working Properly: Report

More than 30% of the systems currently fail port state control D-2 compliance inspections, despite 95% of them having successfully passed commissioning tests, according to BIO-UV.

26 Nov 2024

Norden Signs Maritime Decarbonisation Deal With Tech Giant Meta

The two companies have signed an agreement for emissions reductions from Norden's use of biofuels being allocated to Meta using a book-and-claim system.

26 Nov 2024

Decarbonisation and Collaboration Take Centre Stage at IBIA Convention

The annual event returned to Europe this year after outings to the US and UAE in 2022 and 2023, bringing close to 300 delegates to Athens in early November.

26 Nov 2024