World News

Oils Suffers 25% Quarterly Drop Despite Bullish Market Signs

In the U.S., gas consumption rose despite a decrease in driving activity.

30 Sep 2022

S&B MARKET SURVEY: Global 2022 Q2 Bunker Demand Loses 4.2% on Year

Q2 bunker demand dropped by 4.2% on the year and by 5.3% from Q1's levels, according to the latest survey from Ship & Bunker and BLUE Insight.

30 Sep 2022

Bunker Supplier Delta Energy's Parent Firm to Be Listed Company After Merger

Delta Corp and US-based Coffee Holding will merge into a new company incorporated in the Cayman Islands under the name Delta Corp Holdings Limited.

30 Sep 2022

Bureau Veritas Classes Nine New Passenger Ferries in Hong Kong

The nine vessels will be built by Cheoy Lee in Hong Kong.

30 Sep 2022

BUNKER JOBS: Maersk Oil Trading Seeks Singapore-Based Global Head of Commercial Operations

The firm is looking for candidates with at least five years of experience in physical operations and five years of direct leadership experience.

30 Sep 2022

Oil Dips As Ian Retreats And OPEC Prepares To Cut Output

But many analysts foresee oil exceeding $100 again by year-end.

29 Sep 2022

Weekly Vessel Scrapping Report 2022: Week 38

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 22 – September 28, 2022.

29 Sep 2022

Höegh Autoliners Commits to 5% Ammonia or Methanol Use by 2030

The company will run at least 5% of its deep-sea operations on one of the two alternative fuels by 2030.

29 Sep 2022

Methanol or Ammonia Propulsion Add 11-16% to Newbuild Cost: MMMCZCS

The research body published a report on its website on Thursday setting out the practical considerations for converting ships to run on green fuels.

29 Sep 2022

PTT, AET Plan Ammonia-Fuelled Aframax Tankers

AET will select the shipyard, and PTT will take the two newbuildings into its fleet under long-term charter from the fourth quarter of 2025 and the first quarter of 2026.

29 Sep 2022

Fratelli Cosulich Ammonia Bunker Tanker 'Not Expected Before 2025'

The company does not yet have a firm timeline for a potential order, a representative tells Ship & Bunker.

29 Sep 2022

Singapore's First All-Electric Cargo Vessel to Use 'Pay-as-You-Go' Battery Subscription-Service

Service will play a vital role in revolutionizing the operations of the harbor craft sector in the Port of Singapore, says Shift CEO and Founder, Brent Perry.

29 Sep 2022

Oil Rallies On U.S. Drawdown, But Shale Executives Downgrade Crude For Year-End

Meanwhile, a Baltic Sea calamity adds to analytical concerns.

28 Sep 2022

Matson Joins SEA-LNG

The LNG pathway is an important part of our strategy for reducing the greenhouse gas emissions of our fleet, says Chairman and CEO, Matt Cox,

28 Sep 2022

LNG Vessels in CMA CGMs Latest Order Announcement Already Part of its Order Book

The vessels mentioned in recent announcement will not add to its order book.

28 Sep 2022

Yang Ming Adds Scrubber Equipped Newbuild

Yang Ming will operate the conventionally-powered 11,860 TEU capacity vessel under a long-term time charter.

28 Sep 2022

Tonnage With Wind Propulsion Systems Tops 1 Million DWT

By the end of this year, about 25 large commercial vessels totalling 1.2 million DWT will have the systems installed.

28 Sep 2022

Shipping Company MOL Forms Strategic Partnership to Raise Fleet's Fuel Efficiency

The partnership will target a 5% increase in fuel efficiency from 2019's levels by the end of 2024.

28 Sep 2022

China Merchants Energy Shipping Takes Delivery of VLCC With Four Rotor Sails

The ship's rotor sails are expected to cut fuel consumption by up to 10%.

28 Sep 2022

NYK Line Ammonia Bunkering Vessel Wins ClassNK Approval

ClassNK has awarded the vessel design its approval in principle.

28 Sep 2022