World News

Two More VLCC Scrubber Retrofits for Shipping Firm Frontline
Two More VLCC Scrubber Retrofits for Shipping Firm Frontline
The firm plans to retrofit one vessel with a scrubber before the end of this year and another in the first quarter of 2023.
1 Dec 2022
Maersk to Wind Down Blockchain-Driven Digitalisation Platform TradeLens
Maersk to Wind Down Blockchain-Driven Digitalisation Platform TradeLens
The platform will be retired by the end of the first quarter of 2023.
1 Dec 2022
Oil Rebounds On Wishful Lockdown Thinking And Realities Of Tight Supply
Oil Rebounds On Wishful Lockdown Thinking And Realities Of Tight Supply
Meanwhile, the EU continues to squabble over the proposed price cap.
30 Nov 2022
Terntank Orders Two Methanol-Fuelled Tankers With Wind-Assisted Propulsion
Terntank Orders Two Methanol-Fuelled Tankers With Wind-Assisted Propulsion
The firm's new 15,000 DWT oil product and chemical tankers have been designed by Kongsberg and will be built at the China Merchants Jinling Shipyard in Yangzhou.
30 Nov 2022
Marine Fuels Alliance Signs Partnership With Maritime AI Firm Windward
Marine Fuels Alliance Signs Partnership With Maritime AI Firm Windward
The partnership will see Windward providing educational sessions to MFA members and offering a bespoke package of AI-powered solutions.
30 Nov 2022
Oil Rises On Trader Confidence That China Will Rethink Its Covid Lockdown Policies
Oil Rises On Trader Confidence That China Will Rethink Its Covid Lockdown Policies
Meanwhile, additional cuts from OPEC are anticipated.
29 Nov 2022
K Line Wins ClassNK Approval for Ammonia-Fuelled Bulker Design
K Line Wins ClassNK Approval for Ammonia-Fuelled Bulker Design
ClassNK has awarded approval in principle for the 200,000 DWT bulker's design.
29 Nov 2022
Zero-Emission Autonomous Boxship Design Wins Lloyd's Register Approval
Zero-Emission Autonomous Boxship Design Wins Lloyd's Register Approval
The firm has granted approval in principle to ZULU Associates and Anglo Belgian Shipping Company for the design.
29 Nov 2022
UN Calls for More Investment in Low-Carbon Marine Fuels
UN Calls for More Investment in Low-Carbon Marine Fuels
Unctad's annual maritime transport review highlights slow progress on sustainability.
29 Nov 2022
Gasum Sees 500 LNG Bunker Operations in Five Years With Coralius Barge
Gasum Sees 500 LNG Bunker Operations in Five Years With Coralius Barge
The operation was the barge's 500th since entering service in 2017.
29 Nov 2022
Oil Mixed As China Protests Eclipsed By OPEC Rumours
Oil Mixed As China Protests Eclipsed By OPEC Rumours
Meanwhile, the Russian cap talks resumed on Monday.
29 Nov 2022
IBIA CONVENTION: 'Great Time for Collaboration' in Bunker Industry
IBIA CONVENTION: 'Great Time for Collaboration' in Bunker Industry
Bunker market participants should to more to reach out to each other across the world to find solutions to each other's problems, according to consultant Eric Evans.
28 Nov 2022
VIEWPOINT: The Myth of Cheap Bunkers
VIEWPOINT: The Myth of Cheap Bunkers
Bunker buyers need to consider other factors beyond finding the cheapest fuel, according to Maaz Ahmed of Oilmar Shipping and Chartering.
28 Nov 2022 · Maaz Ahmed
IBIA CONVENTION: Maersk Sees 'Get on and Do Something' Attitude Needed for Decarbonisation
IBIA CONVENTION: Maersk Sees 'Get on and Do Something' Attitude Needed for Decarbonisation
Shipping companies need to step up and take action in the short term rather than talking more, according to Mikkel Kannegaard of Maersk Oil Trading.
28 Nov 2022
Wärtsilä to Develop Onboard LNG-to-Hydrogen Production System
Wärtsilä to Develop Onboard LNG-to-Hydrogen Production System
The companies plan to have a concept design ready by the middle of next year.
28 Nov 2022
TMC Compressors Working on Boxship LNG Propulsion Retrofit in China
TMC Compressors Working on Boxship LNG Propulsion Retrofit in China
The firm is supplying boil-off gas compressors for the ship.
28 Nov 2022
Third Weekly Drop For Oil As EU Suspends Russian Cap Talks
Third Weekly Drop For Oil As EU Suspends Russian Cap Talks
Meanwhile, a host of indicators suggest that global demand is weakening.
26 Nov 2022
IBIA CONVENTION: Maersk Sees Carbon Capture as Potential Short-Term Decarbonisation Option
IBIA CONVENTION: Maersk Sees Carbon Capture as Potential Short-Term Decarbonisation Option
"It's not something that we see as a major step on the way, but it can solve a few things along the way," Maersk Oil Trading's Mikkel Kannegaard said at the IBIA convention.
25 Nov 2022
Engine Work Completed for Port of Antwerp-Bruges Methanol-Fuelled Tug Retrofit
Engine Work Completed for Port of Antwerp-Bruges Methanol-Fuelled Tug Retrofit
Anglo Belgian Corporation has converted the tug's engines to allow for methanol propulsion.
25 Nov 2022
Cap Negotiation Woes Keep Oil Prices Down As China Continues It Zero Tolerance Lockdowns
Cap Negotiation Woes Keep Oil Prices Down As China Continues It Zero Tolerance Lockdowns
Meanwhile, the Russia/Ukraine war reaches its 9th month with no end in sight.
24 Nov 2022