World News

US, UAE Strike Clean Energy Deal

With maritime focus.

2 Nov 2022

World's Largest Shipping Company MSC Sees CII Cutting Boxship Capacity by 7-10%

The regulation's idiosyncrasies risk bringing unintended consequences, a company representative tells Ship & Bunker.

2 Nov 2022

INSIGHT: Alt Bunker Fuel Developments at Key Ports

Nicola Contessi, Research Associate, York Centre for Asian Research, reviews notable alternative fuel developments in Houston, Fujairah, Rotterdam, and Singapore.

2 Nov 2022 · Nicola Contessi, Research Associate, York Centre for Asian Research

ABS Works With Norway's Rotoboost on Carbon Capture From LNG Bunkers

The system is based on the thermocatalytic decomposition process, using a liquid catalysts to separate natural gas into hydrogen and solid carbon.

1 Nov 2022

INTERVIEW: ZeroNorth CEO Søren Meyer on Prosmar Acquisition

ZeroNorth CEO Søren Meyer explains to Ship & Bunker the thinking behind the firm's latest acquisition.

1 Nov 2022

IMO Carbon Intensity, Efficiency Index for Ships Comes Into Force

To become mandatory for all ships from January 1.

1 Nov 2022

ZeroNorth Buys Prosmar Bunkering Platform

The company has acquired Prosmar Bunkering AS, encompassing the firm's Bunker Dashboard solution and Bunker Pricer module.

1 Nov 2022

Oil Dips on Gloomy Consequences Of China's Zero Tolerance Covid Policies

Meanwhile, OPEC forecasts an expansion of its global market share.

31 Oct 2022

Windward Sees Average 10% Bunker Savings From New Fuel Consumption Monitoring Tool

The firm's Vessel Fuel Consumption API assesses fuel consumption with up to 95% average accuracy per voyage.

31 Oct 2022

China's COSCO Orders World's Largest Methanol-Fuelled Boxships

The firm has ordered 12 24,000 TEU dual-fuelled boxships with the ability to run on methanol.

31 Oct 2022

Ammonia Needs to Hit 45% of Bunker Demand by 2050 in Global Net-Zero Scenario: IEA

In the IEA's net-zero emissions 2050 scenario where the world successfully meets the 2050 goal, ammonia is projected to take up 45% of marine energy by that point.

28 Oct 2022

Hedging Firm Global Risk Management Adds Board Members

Ata Bærentsen and Tine Lundegaard will join the Bunker Holding sister firm's board as of November 1.

28 Oct 2022

WFS Bunker Profit Margin Remains Near Q2's Eight-Year High

The company saw net profit of $48.1 million from its marine division in Q3, up by 12.4% from the same period a year earlier.

28 Oct 2022

Bullish GDP Growth Transforms Bearish Oil Traders And Causes Price Gainste

Meanwhile, PetroChina Co.'s earnings rise on stronger oil prices.

27 Oct 2022

Carnival Corporation to Take on Fuel-Saving Air Lubrication Systems on 20% of Fleet

The company expects fuel and emissions savings of about 5% per ship from its use of the systems.

27 Oct 2022

Keep Chlorinated Organic Compounds in Bunkers Below 50 MG/KG: CIMAC

CIMAC estimates more than 100 ships had operational problems after taking on contaminated HSFO in Singapore in February and March.

27 Oct 2022

GoodFuels Tests Biofuels Tracing Technology

The firm partnered with certification organisation Control Union and France's IDS Group to test the technology.

27 Oct 2022

Weekly Vessel Scrapping Report 2022: Week 42

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 20 – October 26, 2022.

27 Oct 2022

Pacific Basin Opts for Methanol Propulsion for First Zero-Emission Bulkers

In August the company said it was putting new vessel orders on hold until it had further clarity on the alternative bunker fuel landscape.

27 Oct 2022

Oil Rebounds But Critics Think The Rally Is Fleeting

Meanwhile, the EU-led Russian Price cap looks to be a bust.

26 Oct 2022