World News

DNV Sees Carbon Capture as Potentially Competitive Maritime Decarbonisation Tech

The company has published a new white paper looking at the prospects for the technology.

11 Jun 2024

IKEA Works With HMM on Biofuel Use in Shipping

The deal assigns to IKEA the environmental benefits from a fixed proportion of HMM's use of biofuels throughout its fleet.

10 Jun 2024

HD Hyundai Completes Bunker-Saving EPLO Retrofit on Car Carrier

Tests from sea trials after the installation showed about 3-4% lower bunker consumption.

10 Jun 2024

Accelleron Signs Long-Term Supercharger Service Agreement

The firm will guarantee turbocharger reliability in Grandi Navi's 28-vessel fleet over the next five years.

10 Jun 2024

BUNKER PRICES: G20-VLSFO Index Advances to Three-Day High

Ship & Bunker's G20-VLSFO Index rose by $7.50/mt to $606.50/mt on Friday, reaching the highest level since June 4.

10 Jun 2024

Third Straight Weekly Loss For Oil As Demand Worries Persist And Fed Hopes Fade

Meanwhile, analysts continued to debate effects of the new OPEC strategy.

7 Jun 2024

BUNKER JOBS: Dan-Bunkering Seeks Global Pricing Manager

The company is looking for candidates with strong analytical abilities and commercial acumen, as well as experience of derivatives markets.

7 Jun 2024

KR to Help Develop Ammonia Fuel Cells for Ships

The company has signed a memorandum of understanding with Hanwha Ocean, Amogy, and Hanwha Aerospace to develop ammonia reformers and ammonia fuel cell systems.

7 Jun 2024

WinGD, Alfa Laval, ABS and K Shipbuilding to Develop Ammonia-Fuelled MR Tanker

The new tanker design will use a 6X52DF-A engine from WinGD.

7 Jun 2024

ZeroNorth Partners With RightShip on Decarbonisation

The two companies have signed a deal allowing users of either platform to visualise and use RightShip's GHG 2.0 Rating and Safety Score, and ZeroNorth's CII Emissions Analytics Solution.

7 Jun 2024

New Methanol-Ready Fallpipe Vessel Completes Naming Ceremony

The ceremony was held for the 37,000 DWT Yellowstone in Zeebrugge on June 4.

7 Jun 2024

CIMAC Working Group Publishes Guidelines on New ISO 8217:2024 Specifications

The first set of guidelines is an FAQ on the new specifications, and four more will follow later this month.

7 Jun 2024

New Study Points to Link Between IMO 2020 Transition and Ocean Warming

The study looks at the possibility of sulfur-laden exhaust from ships prior to 2020 having helped to cool the climate.

7 Jun 2024

UK Reports New Ship Attack in Red Sea

The ship came under attack about 27 nautical miles south of Al Mukha at 6:06 PM UTC on Thursday.

7 Jun 2024

BUNKER PRICES: G20-VLSFO Index Advances for First in Six Sessions

Ship & Bunker's G20-VLSFO Index rose by $1.50/mt to $599/mt on Thursday, having reached the lowest level since July 20 the previous day.

7 Jun 2024

RightShip and Green Marine Join Forces on Sustainable Shipping

The collaboration will involve Green Marine's certifications being displayed in the RightShip platform, giving greater visibility on ships' environmental credentials.

7 Jun 2024

Stolt Tankers Sees More Than 10% Fuel Savings From In-Transit Hull Cleaning

Stolt Tankers is now rolling out the ITCH system from Shipshave to a total of 20 ships, double its previous count.

7 Jun 2024

First ECB Rate Cut In Five Years Boosts Oil, But Analysts Wary Of What's Next

Differing views of demand makes any clear forecasts impossible.

6 Jun 2024

Weekly Vessel Scrapping Report 2024: Week 22

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 30 – June 5, 2024.

6 Jun 2024

Wärtsilä to Help Develop Ammonia-Fuelled Bunker Delivery Vessel

Under the deal Gas and Heat will develop the cargo handing system and Wärtsilä the propulsion system, while RINA will carry out the compliance assessment.

6 Jun 2024