World News

Turkey Sees Tanker Traffic Jam After Insurance Rules Change

Turkey has issued a notice requiring all ships transiting or entering Turkish waters from the start of this month to provide letters of confirmation from a P&I Club stating that cover will remain in place 'under any circumstances'.

6 Dec 2022

Bulker Firm Oldendorff Invests in Digital Solutions Company AOT

Oldendorff's stake in the firm will see one of the company's representatives join the AOT board.

6 Dec 2022

Dry Bulk Sector Hesitant Over Alt Fuel Newbuilds: Survey

As half of potential orders would stay with fuel oil.

6 Dec 2022

BUNKER JOBS: Bunker Buyer, Athens, Greece

Growing dry bulk vessel operator is expanding.

6 Dec 2022

Oil Sinks Further Below $80 Amid A Broader Equities Sell-off

A host of factors contributed to bearish sentiment within crude circles.

5 Dec 2022

INTERVIEW: 30% of Shipping Playing 'Wait and See' on CII

While a majority of companies are paying close attention to the new rules, a significant minority is being less proactive, Bearing CEO Dylan Keil tells Ship & Bunker.

5 Dec 2022

K Line Plans 40-Strong LNG-Fuelled Fleet by 2030

The company revealed the target in an annual report published on its website last week.

5 Dec 2022

DNV Reports 17 LNG-Fuelled Ship Orders in November

The total for 2022 so far is now at more than 200 ships.

5 Dec 2022

IBIA Takes Case for Bunker Supplier Licensing to IMO

At the Maritime Safety Committee meeting last month, IBIA voiced its support for more authorities introducing licensing for bunker suppliers as a means of raising the industry's standards.

5 Dec 2022

Bearish Sentiment Prevails, Oil Dips As OPEC Meeting And Price Cap Deadline Nears

Flynn says traders will be monitoring this weekend's events closely.

2 Dec 2022

EU Agrees to $60/bl Price Cap on Russian Crude Exports

The initiative will be in place before December 5, when the EU's ban on seaborne Russian crude imports comes into force.

2 Dec 2022

TotalEnergies Joins Ammonia-Fuelled Tanker Coalition

The French energy producer will be the Castor Initiative's eighth partner.

2 Dec 2022

Two Weeks Left to Run For IBIA Board Seats

IBIA members have until December 15 to nominate candidates.

2 Dec 2022

ZeroNorth Chief Revenue Officer Leaves Firm

Jesper Bo Hansen has stepped down as chief revenue officer as of the end of last month.

2 Dec 2022

ABS Targets Emissions Compliance with Launch of New Fleet Optimisation Software Company

The new unit, ABS Wavesight, combines the platforms Nautical Systems and My Digital Fleet.

2 Dec 2022

Duel-Fuelled Hydrogen Carrier Engine Wins ClassNK Approval

The firm has issued an approval in principle for a duel-fuel generator engine capable of using either boil-off hydrogen or conventional bunkers as fuel.

2 Dec 2022

Enthusiasm For China Lockdown Easements Elusive As Oil Prices Remain Mixed

But some analysts see a full demand recovery next year.

1 Dec 2022

Weekly Vessel Scrapping Report 2022: Week 47

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 24 – November 30, 2022.

1 Dec 2022

Shell Works With Alfa Laval on Onboard Hydrogen Boil-Off Combustion Unit

Shell International Trading and Shipping Company has signed a memorandum of understanding with Alfa Laval to develop the project.

1 Dec 2022

Container Lines Ready for the EU Emissions Trading System: WSC

The WSC is calling for a well-to-wake approach on assessing the GHG emissions output of alternative bunker fuels.

1 Dec 2022