World News

ABS Unveils Emissions Performance Monitoring Tool
ABS Unveils Emissions Performance Monitoring Tool
The firm showcased its CII monitoring and reporting tool at an industry event in New Orleans last month.
9 Sep 2022
Norway's Northern Xplorer Plans Zero-Emission Cruise Ship by 2025
Norway's Northern Xplorer Plans Zero-Emission Cruise Ship by 2025
The ship will have an electric propulsion system including hydrogen-powered fuel cells.
9 Sep 2022
IMO's Kitack Lim Pays Tribute to Queen Elizabeth II
IMO's Kitack Lim Pays Tribute to Queen Elizabeth II
"Her genuine interest in shipping and maritime matters was remarkable."
9 Sep 2022
ÈTA Shipping to Install TechBinder Vessel Optimisation System on Modular Vessel
ÈTA Shipping to Install TechBinder Vessel Optimisation System on Modular Vessel
The system will allow for continuous improvement of technical and operational systems to maximise the vessel's efficiency.
9 Sep 2022
Aurelia Wins RINA Approval for Hydrogen-Powered Ro-Ro Ship Design
Aurelia Wins RINA Approval for Hydrogen-Powered Ro-Ro Ship Design
The firm has received approval in principle from RINA for the ACD01 1000 design.
9 Sep 2022
IMO Hails 77% Drop in Shipping's Sulfur Emissions Since 0.50% Sulfur Cap
IMO Hails 77% Drop in Shipping's Sulfur Emissions Since 0.50% Sulfur Cap
Marking World Clean Air Day on Thursday, the organisation said it estimated ships' sulfur emissions had dropped by 77% since the limit came into force on January 1, 2020.
9 Sep 2022
Oil Pulls Back From Oversold Territory Amid A Mix Of Bullish And Bearish Signs
Oil Pulls Back From Oversold Territory Amid A Mix Of Bullish And Bearish Signs
Meanwhile, the Biden administration considers yet another SPR draw.
8 Sep 2022
Weekly Vessel Scrapping Report 2022: Week 35
Weekly Vessel Scrapping Report 2022: Week 35
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 1 – September 7, 2022.
8 Sep 2022
Alfa Laval to Develop Fuel Supply System for WinGD Methanol Engines
Alfa Laval to Develop Fuel Supply System for WinGD Methanol Engines
The two companies signed an agreement at the SMM industry event in Hamburg this week.
8 Sep 2022
Value Maritime Carbon Capture System Wins Lloyd's Register Approval
Value Maritime Carbon Capture System Wins Lloyd's Register Approval
The system is set to be installed on two Eastern Pacific Shipping MR tankers, which will be the largest oceangoing vessels equipped with carbon capture technology.
8 Sep 2022
Rolls-Royce Power Systems to Certify Engines for Alternative Fuels in 2023
Rolls-Royce Power Systems to Certify Engines for Alternative Fuels in 2023
The firm expects to certify its new generation of Series 2000 and 4000 mtu marine engines to run on second-generation biofuels and some synthetic fuels from the beginning of 2023.
8 Sep 2022
Wärtsilä Unveils New Four-Stroke Engine
Wärtsilä Unveils New Four-Stroke Engine
The engine is intended to be the firm's first to run on ammonia bunkers.
8 Sep 2022
Stolt Tankers Takes on Propulsion Optimisation for Seven More Vessels
Stolt Tankers Takes on Propulsion Optimisation for Seven More Vessels
The firm has signed a deal with Yara to equip seven more tankers with the FuelOpt system.
8 Sep 2022
Crude Prices Nosedive As Extent Of Lockdown Induced Economic Damage In China Is Revealed
Crude Prices Nosedive As Extent Of Lockdown Induced Economic Damage In China Is Revealed
Meanwhile, the EIA cuts estimates for domestic oil production in 2023.
7 Sep 2022
IBIA Offers Ship & Bunker Readers 10% Discount to Houston Convention in November
IBIA Offers Ship & Bunker Readers 10% Discount to Houston Convention in November
The convention will be held at the JW Marriott Houston hotel on November 15-17.
7 Sep 2022
Ammonia-Fuelled Gas Carrier Design Wins ClassNK Approval
Ammonia-Fuelled Gas Carrier Design Wins ClassNK Approval
The organisation has awarded its approval in principal to the design currently under research and development by NYK Line, Japan Engine Corporation, IHI Power Systems and Nihon Shipyard.
7 Sep 2022
K Line to Work With Metals Firm on Decarbonisation Research
K Line to Work With Metals Firm on Decarbonisation Research
K Line vessels transport about 10 million mt/year of iron ore, coal, limestone and other products from JSW Steel.
7 Sep 2022
Annual Fuel Savings of $10,000/Vessel Possible From Water-Lubricated Propeller Shaft Bearings: Report
Annual Fuel Savings of $10,000/Vessel Possible From Water-Lubricated Propeller Shaft Bearings: Report
The savings calculations are based on Panamax container ships and Aframax tankers running on VLSFO at $870/mt and being operated 70% of the time.
7 Sep 2022
Schulte Group Unveils New LNG Bunker Delivery Vessel Design
Schulte Group Unveils New LNG Bunker Delivery Vessel Design
The firm presented the design at the Gastech industry event in Milan.
7 Sep 2022
VPS Subsidiary Yxney Maritime Launches Emissions Tracking Software
VPS Subsidiary Yxney Maritime Launches Emissions Tracking Software
The company's CORE software will take data from more than 100 vessels in the fleets of Norway's Solstad Offshore and Siem Offshore to track and predict their emissions.
7 Sep 2022