World News

Texas-Based Seaside LNG Joins Sea-LNG Industry Group

The firm will be seeking to enhance the group's expertise with its supply, infrastructure and safety experience.

21 Sep 2023

Bunker Holding Sets Out Details of New Alternative Fuels Supply Target

A Bunker Holding representative sets out to Ship & Bunker how the firm will define 'very low carbon fuels'.

21 Sep 2023

Shipping Firm KSS Line Plans for Ammonia-Fuelled Gas Carriers

The company has signed a memorandum of understanding with engine manufacturer WinGD to explore the use of dual-fuelled X-DF-A engines capable of running on ammonia in future newbuild projects.

21 Sep 2023

BUNKER PRICES: G20-VLSFO Index Declines for Third Day

Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $681.50/mt on Wednesday, remaining at the lowest level since September 14.

21 Sep 2023

Weekly Vessel Scrapping Report 2023: Week 37

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 14 – September 20, 2023.

21 Sep 2023

Fed Stance Causes Oil To Drop, But Analysts Still Predict $100 Prices Soon

Meanwhile, stockpiles globally continue to diminish.

20 Sep 2023

Top Bunkering Ports to cut Emissions on Green Corridor by up to 30%

By 2030 as Rotterdam and Singapore along with green corridor partners push ahead on ways to cut emissions from international shipping working the Europe to Asia trade route.

20 Sep 2023

Bunker Holding Targets 'Very Low Carbon Fuels' as 5% of Supply Portfolio by 2030

The target aligns Bunker Holding with the revised IMO strategy adopted earlier this year.

20 Sep 2023

Methanol Institute Hires Marine Senior Advisor From MAN Energy Solutions

Kjeld Aabo has joined the methanol body as senior advisor on marine affairs as of this month.

20 Sep 2023

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

Ship & Bunker's G20-VLSFO Index reached the lowest level since September 14 on Tuesday.

20 Sep 2023

BUNKER PRICES: G20-VLSFO Index Slips for First Session in Six

Ship & Bunker's G20-VLSFO Index lost $2/mt to $685/mt on Monday, having reached the highest level since February 2 on Friday.

19 Sep 2023

Maersk Joins Forces With CMA CGM on Decarbonisation

The two companies will work together to develop the use of alternative fuels for container shipping, and plan to collaboratively engage with regulatory stakeholders on maritime decarbonisation.

19 Sep 2023

Oil Extends Gains On Supply Worries As U.S. Output Expected To Fall In October

Meanwhile, traders wait for another possible interest rate hike this week.

18 Sep 2023

Container Line HMM Completes Biofuel Blend Trial

The firm is aiming to raise its biofuel blend purchases to 5-10% of its total bunker consumption.

18 Sep 2023

BUNKER PRICES: G20-VLSFO Index Advances for Fifth Session

Ship & Bunker's G20-VLSFO Index reached the highest level since February 2 on Friday.

18 Sep 2023

Oil Up For Third Straight Week As China Data Renews Confidence

Meanwhile, Russia debates whether to ban all exports to stabilize prices.

15 Sep 2023

Maritime Data Firm RightShip Updates GHG Rating Service

The firm's revamped GHG 2.0 Rating product has been revised to bring its methodology in line with the IMO's EEXI regulation.

15 Sep 2023

LISW23: Core Power Sets Out Case For Nuclear as Shipping's Answer to Decarbonisation

The company sees a ship with one of its reactors as costing under $1 billion over its commercial life, versus more than $5 billion for an ammonia-powered vessel and all the fuel needed over its life.

15 Sep 2023

LISW23: Wind System Installations in Shipping Set to Double Every Year

The systems are generally delivering 5-20% in fuel consumption reduction, with the possibility to increase that rate to 30%.

15 Sep 2023

LISW23: IBIA IMO Representative Casts Doubt on Effectiveness of Lobbying

"A lot of these decisions are not just based on what the shipping industry wants or needs," new IBIA IMO Representative Edmund Hughes tells Ship & Bunker.

15 Sep 2023