World News

WinGD, Korea's HSD to Jointly Develop Green Methanol Marine Engines
WinGD, Korea's HSD to Jointly Develop Green Methanol Marine Engines
Capable of running on carbon-neutral green methanol by 2024.
1 Sep 2022
Weekly Vessel Scrapping Report 2022: Week 34
Weekly Vessel Scrapping Report 2022: Week 34
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 25 – August 31, 2022.
1 Sep 2022
Keen Pricing Bodes Well for Advanced Biofuel
Keen Pricing Bodes Well for Advanced Biofuel
The alt marine fuel market is developing and second generation biofuel producer XFuel's Nicholas Ball believes his product can make the grade.
1 Sep 2022
Singapore: Sing Fuels Launches Lubes Unit
Singapore: Sing Fuels Launches Lubes Unit
The lubricants line is a natural extension of our product capabilities, it says.
1 Sep 2022
KPI OceanConnect Gets New CEO, Absorbs BH's BOGA Key Account Unit
KPI OceanConnect Gets New CEO, Absorbs BH's BOGA Key Account Unit
Anders Grønborg replaces Søren Høll as CEO of KPI OceanConnect.
1 Sep 2022
Oil Ends August With Largest Monthly Decline Since November
Oil Ends August With Largest Monthly Decline Since November
Andurand insists that the oil market is "broken."
31 Aug 2022
ClearLynx Becomes ZeroNorth Bunker
ClearLynx Becomes ZeroNorth Bunker
ZeroNorth Bunker launched as an improved and integrated Bunker Planner within the ZeroNorth Platform.
31 Aug 2022
ZIM Signs $1 Billion LNG Bunker Deal with Shell
ZIM Signs $1 Billion LNG Bunker Deal with Shell
Will be used to fuel ten LNG-fueled 15,000 TEU vessels.
31 Aug 2022
Oil Plummets As Iraq Asserts That Exports Will Continue Despite Political Unrest
Oil Plummets As Iraq Asserts That Exports Will Continue Despite Political Unrest
Meanwhile, other analysts point to ongoing market tightening.
30 Aug 2022
BV Releases New 'Biofuel Ready' Notation
BV Releases New 'Biofuel Ready' Notation
The notation aims at helping shipowners to be prepared for the use of biofuels or biofuel blends, says Bureau Veritas.
30 Aug 2022
BWMT Specialists Diversity with Shore Power Offering
BWMT Specialists Diversity with Shore Power Offering
Firm targets growing need for vessels to reduce their emissions footprint.
30 Aug 2022
Arctic Campaigners Set Sights on HFO Ban
Arctic Campaigners Set Sights on HFO Ban
From Arctic nations' territorial waters.
30 Aug 2022
HHI Designs In-House Rotor Sail Wind Propulsion System
HHI Designs In-House Rotor Sail Wind Propulsion System
Move a clear sign of the growing interest in wind propulsion systems.
30 Aug 2022
Oil Prices Surge Corresponding to Rising Fears Of Global Tightness
Oil Prices Surge Corresponding to Rising Fears Of Global Tightness
Meanwhile, talks for a nuclear deal with Iran will extend into September.
29 Aug 2022
NYK Invests in Ship Waste to Fuel Firm
NYK Invests in Ship Waste to Fuel Firm
Will conduct joint studies on converting organic waste generated on vessels, such as garbage and sludge, into fuel.
29 Aug 2022
New Assessment of Zero and Low Emission Marine Fuels Released
New Assessment of Zero and Low Emission Marine Fuels Released
Authored by UCL Energy Institute PhD researcher, Colin Robertshaw, and Shipowner's P&I Club.
29 Aug 2022
Oil Achieves Weekly Gain As China Capitalizes On Soaring Energy Prices
Oil Achieves Weekly Gain As China Capitalizes On Soaring Energy Prices
Russia also continued to circumnavigate effects of West embargoes.
26 Aug 2022
UK to Pass Nuclear-Powered Commercial Ship Regulations
UK to Pass Nuclear-Powered Commercial Ship Regulations
"This is an important milestone in the regulatory progress for New Nuclear in Maritime," says Core Power's Mikal Boe.
26 Aug 2022
Cuba: Terminal Fire Prompts Rise in Fuel Imports
Cuba: Terminal Fire Prompts Rise in Fuel Imports
Main terminal partially destroyed.
26 Aug 2022
Oil's Rally Derails As Possible Fed Rate Hike Scares Traders
Oil's Rally Derails As Possible Fed Rate Hike Scares Traders
Meanwhile, OPEC's threat to reduce output is still influencing the market.
25 Aug 2022