World News

BIMCO Seeks Feedback on CII Clause Amid Charterer Criticism

BIMCO has held talks and met with members and stakeholders to seek feedback on the clause.

23 Dec 2022

Oil Dips With Other Markets But Kept In Check By Bullish Factors

Demand in the U.S. shows no signs of slowing.

22 Dec 2022

Weekly Vessel Scrapping Report 2022: Week 50

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 15 – December 21, 2022.

22 Dec 2022

BUNKER JOBS: Dan-Bunkering Seeks Key Account Manager

The company is looking for candidates with at least three years of experience in the bunker or shipping industries.

22 Dec 2022

Oil Rises Again As Americans Exhibit Greater Demand Resiliency Than Expected

Meanwhile, mixed messages about the Russian price cap efficacy continue.

21 Dec 2022

HMM Eyes Order for Methanol Powered Tonnage

HMM close to joining peers Maersk, CMA CGM, and COSCO in backing the emerging alternative fuel.

21 Dec 2022

Lawyers Reed Smith Weigh in on New BIMCO CII Clause

No straightforward way of balancing shipowner's obligation to comply with CII regs with Time Charterer's right to direct the employment of a vessel, it says.

21 Dec 2022

Shipping Heavyweights Say New BIMCO Clause Unfairly Burdens Charterers with CII Compliance

Maersk, Norden, Hapag-Lloyd, MSC, and CMA CGM among those saying the new BIMCO clause is "imbalanced and unusable".

21 Dec 2022

S&B MARKET SURVEY: Global Q3 2022 Bunker Demand Loses 1.1% on Year

"Container bunker demand has a very strong influence of the demand fortunes of major bunkering centres," Adrian Tolson, head of BLUE Insight, tells Ship & Bunker.

21 Dec 2022

Alt Fuel Interest not Visible in Newbuild Intentions: Survey

While dry bulk owners support alt fuel development, few are likely order alt fuel using newbuilds any time soon

20 Dec 2022

German Firm Orders Four Methanol-Fuelled Heavy Lift Vessels

Engineering firm Wärtsilä will supply the ships' hybrid propulsion systems.

20 Dec 2022

BUNKER JOBS: PMG Holding Seeks Bunker Trader in London, Athens, Limassol or Dubai

The role could be based in London, Athens, Limassol or Dubai, or may involve setting up an office in another location.

20 Dec 2022

INTERVIEW: Hedging Firm GRM Sees Shorter-Term Strategies Emerging

Global Risk Management's Martin Vorgod discusses hedging strategies, expectations for 2023 and new opportunities in the decarbonisation era.

20 Dec 2022

Oil Ekes Out Modest Gains As China Promises To Focus On Economy

But analytical thought still skews towards overall pessimism for the New Year.

19 Dec 2022

TECO 2030 Announces First 'Future Funnel' Scrubber Sale

The firm has received a purchase order worth NOK 5.5 million ($559,000) from a large European shipowner.

19 Dec 2022

'Limited Convergence' Between IMO Member States on GHGs Before 2023 Strategy Revision

The revised GHG strategy will now be set at the 80th MEPC meeting in July 2023, after further working-group meetings in March and in the week before MEPC 80.

19 Dec 2022

Eastern Pacific Shipping Hires Bunker Manager From Marine Online

Melvin Koh has joined the shipping firm as bunker manager in Singapore as of this month.

16 Dec 2022

ABS Sets Requirements for Onboard Carbon Capture Systems

The firm has also developed a 'carbon capture-ready' notation for ship designs highlighting their suitability for having the technology retrofitted.

16 Dec 2022

Construction Starts on New Conoship Hybrid General Cargo Vessel

A steel-cutting ceremony was carried out for the 3,600 DWT vessel at the Gelibolu Shipyard in Turkey last month.

16 Dec 2022

Maersk Appoints Green Fuel Sourcing Manager

The firm has appointed Emma Johansson Mazhari as head of green sourcing and portfolio management as of this month.

16 Dec 2022