World News

Stena Line Plans Two More Ferry Methanol Retrofits

The company is working with classification society Lloyd's Register to retrofit the ro-ro vessels Stena Superfast VII and Stena Superfast VIII to dual-fuel propulsion.

15 May 2024

Scan Global and Hapag-Lloyd Sign Multi-Million-Dollar Biofuel Deal

The deal sets out plans to integrate biofuels into the two companies' shipping operations.

15 May 2024

Bergen Bunkers Wins ISCC Certification for Biofuel Trading

The company has been awarded both ISCC EU and ISCC+ certifications as of May 8.

15 May 2024

MOL Sees Up to 17% Bunker Savings From Wind-Powered Coal Carrier

The system reduced daily fuel consumption by up to 17%, and by 5-8% per voyage on average.

15 May 2024

Methanol Institute COO Steps Down

Chris Chatterton has announced his departure from the Methanol Institute.

15 May 2024

BUNKER PRICES: G20-VLSFO Index Slips for Second Day

Ship & Bunker's G20-VLSFO Index fell by $0.50/mt to $639.50/mt on Tuesday, adding to the previous session's $5.50/mt drop.

15 May 2024

Hapag-Lloyd Bunker Consumption Gains 12.6% on Year on Red Sea Diversions

The company consumed a total of 1.2 million mt of fuel in the first three months of 2024, up by 12.6% from the same period a year earlier.

15 May 2024

PROMOTED: Track Commodity Trade Flows Even During Volatile Times

Hidden trade flows, unexpected global market events, geopolitics, and regulations can instantly affect trade flows and market fundamentals.

14 May 2024 · S&P Commodity Insights

Report Sees Zero-Emission Marine Fuels Creating 4 Million Jobs by 2050

The report sees the jobs emerging in renewable energy generation, hydrogen production and e-fuel production.

14 May 2024

StormGeo Teams Up With ClassNK on Marine Emissions Data

Under the deal users of StormGeo's s-Insight platform will be able to share their validated emissions data to ClassNK via API.

14 May 2024

BUNKER PRICES: G20-VLSFO Index Drops for First in Three Sessions

Ship & Bunker's G20-VLSFO Index fell by $5.50/mt to $640/mt on Monday, reaching the lowest level since May 8.

14 May 2024

138-Year-Old German Passenger Vessel Converted to Electric Power

Engineering firm Torqeedo has retrofitted the Kaiser Friedrich, built in 1886, with twin Deep Blue 50i motors and a 400 kWh Deep Blue battery bank.

14 May 2024

Norwegian Firms Plan Hydrogen-Fuelled Dry Bulk Carriers

The three companies have signed cooperation agreements setting out plans to develop, build and operate bulkers running on hydrogen.

14 May 2024

Oil Up On Renewed Demand Confidence, But Caution Prevails

Trading has been influenced by arguably misplaced hopes and expectations.

13 May 2024

BUNKER PRICES: G20-VLSFO Index Rises to Four-Day High

Ship & Bunker's G20-VLSFO Index rose to the highest level since May 6 on Friday.

13 May 2024

Higher For Longer Bank Rates Dismay Traders, Oil Sheds Over 1%

Meanwhile, China is scheduled to reduce purchases of Saudi crude.

10 May 2024

Clear Majority of Cruise Ships at Bergen Now Use Shore Power

65% of cruise ships calling at Bergen in April connected to shore power facilities at the port.

10 May 2024

Bunker Holding Expects First Methanol From SyntexNRG Deal in 2026-7

The projected production date is late 2026 to early 2027, a Bunker Holding representative tells Ship & Bunker.

10 May 2024

UK Reports New Ship Attack in Gulf of Aden

The ship came under attack about 195 nautical miles east of Aden at 4:57 AM UTC on Friday.

10 May 2024

Will We Have Enough Trained Marine Engineers for the Alternative Fuels Future?

'It's a problem and it's going to get bigger if it's not addressed,' training export Nigel Draffin tells Ship & Bunker.

10 May 2024