World News

VPS: Offshore Owner REM Achieves Record Fuel Efficiency Gains in Decarb Campaign

Sindre Stemshaug Bornhein, VP for commercial decarbonisation at VPS, discusses how the testing firm is helping the offshore industry with fuel efficiency.

13 Nov 2023 · Sindre Stemshaug Bornhein, VPS

Methanol Engine Conversion Kit Gets UK Govt Funding

Under zero emission vessels and infrastructure initiative.

13 Nov 2023

Ship Management JV Aimed at Methanol-fuelled Shippng

New firm to be based in Singapore where it has several newbuidling projects in train.

13 Nov 2023

BUNKER PRICES: G20-VLSFO Index Advances for First Session in Five

Ship & Bunker's G20-VLSFO Index gained $0.50/mt to $661/mt on Friday, in its first daily advance since November 3.

13 Nov 2023

IBIA CONVENTION: Lack of Willingness for Transparency Seen as Key Barrier to Bunker Industry Digitalisation

IBIA presented the results of its digitalisation survey at its annual convention last week.

13 Nov 2023

Oil Slumps For A Third Straight Week As Demand Concerns Return

Experts peg Brent range-bound at $85 for the next year.

11 Nov 2023

BUNKER PRICES: G20-VLSFO Index Sinks for Fourth Session

Ship & Bunker's G20-VLSFO Index reached the lowest level since October 9 on Thursday.

10 Nov 2023

Headway Awarded Environmental Certifications for Marine Systems

Systems covered are Headways Ballast Water Management System, Voyage Data Recorder, and recently unveiled Methanol Fuel Supply System.

10 Nov 2023

IBIA CONVENTION: Bunker Holding Seeks More Focus on '2nd and 3rd Movers' in Decarbonisation

Bunker Holding's Maria Skipper Schwenn discusses the need to keep slower movers on board with the green transition.

10 Nov 2023

IBIA CONVENTION: Cockett Sees Bunker Hub Locations Changing as Alternative Fuels Emerge

Cockett CEO Cem Saral argues the future production hubs for alternative fuels do not necessarily match up with current bunkering hubs.

10 Nov 2023

IBIA CONVENTION: 'Commercial Imperative Not Regulation' to Drive MFM Uptake for Marine Fuel

IBIA's Edmund Hughes argues the need for accuracy when paying for carbon emissions will drive MFM uptake more than port authorities insisting on the use of the technology.

10 Nov 2023

IBIA CONVENTION: Don't Be Frightened of Adoping New ISO 8217:2024 Specifications, Says Integr8 Quality Chief

Integr8's Chris Turner says just 26% of its VLSFO stems in 2023 used the 2017 revision, with some still using 2005 specs.

10 Nov 2023

IBIA CONVENTION: IBIA Board to Be Chaired by Bunker Buyer For First Time

Tim Cosulich became IBIA chairman in April 2022, and his term will come to an end in March of next year.

10 Nov 2023

Oil Stabilizes As Analysts Disagree On State Of Fundamentals

Meanwhile, China as a top demand growth driver is fading fast.

9 Nov 2023

Weekly Vessel Scrapping Report 2023: Week 44

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 2 – November 8, 2023.

9 Nov 2023

IBIA CONVENTION: New ISO 8217:2024 Bunker Specifications Could Come as Early as Q1

The ISO 8217 specifications last had a new full version published in 2017.

9 Nov 2023

IBIA CONVENTION: Expecting Delay to Decarbonisation Implementation Would Be 'Huge Mistake'

IBIA's Edmund Hughes discusses the lessons for decarbonisation from the IMO 2020 transition.

9 Nov 2023

Hapag-Lloyd Reports 94% Slump in Q3 Profits

The firm's average freight rate sank to $1,312/TEU from $3,106/TEU a year earlier.

9 Nov 2023

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

Ship & Bunker's G20-VLSFO Index reached the lowest level since October 11 on Wednesday.

9 Nov 2023

IBIA CONVENTION: ICS Warns of Possible Rationing of Maritime Transportation if Decarbonisation Slows

"As well as being a disaster for our industry, that will be a disaster for global prosperity," Simon Bennett of the ICS said at the IBIA Annual Convention 2023 on Wednesday.

9 Nov 2023