World News

Israel Blames Iran for Suspected Oil Tanker Attack
Israel Blames Iran for Suspected Oil Tanker Attack
The Liberian-flagged tanker Campo Square was lightly damaged by an airborne object on February 10 in the Arabian Sea.
20 Feb 2023
Oil Down For The Day And Week As Traders Unable To Shrug Off Rate Hike Fears
Oil Down For The Day And Week As Traders Unable To Shrug Off Rate Hike Fears
Meanwhile, analysts continue to be gung ho about China's recovery in 2023.
17 Feb 2023
Algoma Central Corporation Orders Four Methanol-Ready Bulkers
Algoma Central Corporation Orders Four Methanol-Ready Bulkers
Alcoma has ordered two of the jointly designed 72,250 DWT bulkers and CSL Group the other two, and the order comes with an option for two more vessels.
17 Feb 2023
Eco Marine Power Partners With Shipping Firm on Renewable Energy Study
Eco Marine Power Partners With Shipping Firm on Renewable Energy Study
The firm will work with an unnamed UAE-based shipping company on a technical study to evaluate the potential use of technologies including solar power systems, air lubrication and hull modifications on its ships.
17 Feb 2023
VPS Acquires Emissions Measurement Firm Emsys Maritime
VPS Acquires Emissions Measurement Firm Emsys Maritime
The firm sees the acquisition as part of its growing shift into decarbonisation services.
17 Feb 2023
ECSA Calls for Bunker Suppliers to be Covered by FuelEU Maritime Regulation
ECSA Calls for Bunker Suppliers to be Covered by FuelEU Maritime Regulation
The regulation should be used to commit bunker suppliers to a certain share of alternative fuels supply.
17 Feb 2023
BUNKER PRICES: G20-MGO Index Drops to 11-Month Low
BUNKER PRICES: G20-MGO Index Drops to 11-Month Low
The G20-MGO Index declined by $12/mt to $945/mt on Thursday, the lowest level since March 2022.
17 Feb 2023
Oil Dips Again As Traders Continue Worrying About U.S. Stockpile Build
Oil Dips Again As Traders Continue Worrying About U.S. Stockpile Build
Overlooked were impressive economic recovery figures from China.
16 Feb 2023
Costa Group Partners With Proman on Methanol Propulsion for Cruise Industry
Costa Group Partners With Proman on Methanol Propulsion for Cruise Industry
The two firms have signed a memorandum of understanding aimed at enhancing the supply of green methanol and encouraging the retrofitting of existing ships to run on it.
16 Feb 2023
CMA CGM Adds Bow Windshield to Boxship: Report
CMA CGM Adds Bow Windshield to Boxship: Report
The windshields can cut a vessel's fuel consumption by as much as 4% by improving aerodynamics.
16 Feb 2023
Weekly Vessel Scrapping Report 2023: Week 6
Weekly Vessel Scrapping Report 2023: Week 6
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 9 – February 15, 2023.
16 Feb 2023
Value Maritime Completes Carbon Capture Retrofit on EPS Tanker
Value Maritime Completes Carbon Capture Retrofit on EPS Tanker
The firm has installed one of its Filtree systems that can capture up to 40% of CO2 emissions, as well as removing sulfur and particulate matter, on board the Pacific Cobalt at Rotterdam.
16 Feb 2023
DB Schenker Works With MSC on Biofuel-Powered Shipping
DB Schenker Works With MSC on Biofuel-Powered Shipping
The firm has signed a deal with MSC to cover all of its own consolidated cargo, less-than-container-load, full-container-load and refrigerated container shipments with MSC with 12,000 mt of biofuel component.
16 Feb 2023
BUNKER PRICES: G20-VLSFO Index Drops to One-Week Low
BUNKER PRICES: G20-VLSFO Index Drops to One-Week Low
Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $5/mt to $675.50/mt on Wednesday, reaching the lowest point since February 8.
16 Feb 2023
Massive Stockpile Build Ignored But Familiar Fed Warning Spooks Oil Traders
Massive Stockpile Build Ignored But Familiar Fed Warning Spooks Oil Traders
Numerous bullish signals also failed to sway oil prices.
15 Feb 2023
SGMF Publishes Free Guides to Hydrogen and Ammonia Bunkers
SGMF Publishes Free Guides to Hydrogen and Ammonia Bunkers
They are available to download from the SGMF Website.
15 Feb 2023
IMO Sets Up Project to Support Revised GHG Strategy Development
IMO Sets Up Project to Support Revised GHG Strategy Development
The new future fuels and technology project will aim to provide an assessment of the state of availability and readiness of low- and zero-carbon ship technology and marine fuels.
15 Feb 2023
'Bad Bunkers' Accusations Need More Context: IBIA
'Bad Bunkers' Accusations Need More Context: IBIA
In a recent letter to maritime publication Lloyd's List, IBIA Director Unni Einemo said there were 'some misconceptions and narratives that aren't helpful' in the discourse around bunker quality and quantity disputes.
15 Feb 2023
Wärtsilä Reorganises Voyage Unit to Focus on Fleet and Port Optimisation
Wärtsilä Reorganises Voyage Unit to Focus on Fleet and Port Optimisation
The company is now streamlining the Voyage business to focus on fleet and port optimisation and related simulation and training services.
15 Feb 2023
MAN Notes Increasing Interest From Dry Bulk in Methanol Bunkers
MAN Notes Increasing Interest From Dry Bulk in Methanol Bunkers
The firm announced its latest methanol engine order this week, for a 65,700 DWT bulker being built by Tsuneishi Shiipbuilding.
15 Feb 2023