World News

Star Bulk Scrubbers Pay Off Cost in Two and a Half Years

The firm had earned back the $250 million cost of its scrubber installation programme by the end of June.

8 Aug 2022

INTERVIEW: Scorpio Tankers to Continue Testing Emulsion Fuel Bunkers Following Successful Trial With FOWE

"What is unique about FOWE's technology is that we can produce strong emulsions without the use of additives," said Dean Mihalic, Chief Executive Officer at FOWE, tell's Ship & Bunker.

8 Aug 2022

Economic Woes Send Oil Prices Towards A 10% Weekly Loss Despite Market Tightness

But Bill Smead still defends the commodity as a good investment.

5 Aug 2022

BUNKER JOBS: Bunker Holding Seeks Senior Group Strategy Associate in Denmark

The firm is looking for candidates with experience in a similar position as a consultant or executive assistant, preferably in an international company.

5 Aug 2022

NYK Subsidiary Takes Delivery of LNG-Fuelled Shuttle Tanker

The 85,504 GT Frida Knutsen will be the company's first shuttle tanker that can run on both conventional fuel oil and LNG.

5 Aug 2022

MOL Joins Study on Applying Aerospace Technology to Wind-Powered Ships

The firm has joined Tokai University and Akishima Laboratories in a study aimed at optimising the hull shape for wind-powered vessels.

5 Aug 2022

TFG Marine Joins 50 Players Calling for Mandatory Mass Flow Meters in Rotterdam, Antwerp

"There is a long and shameful history of dubious practices by bunker fuel suppliers that have short-changed ship owners on volumes," it says.

5 Aug 2022

NewOcean Energy to Be Wound Up

Rod Sutton and Kenneth Fung of FTI Consulting and Edward Whittaker of R&H Services have been appointed as joint provisional liquidators of the company.

5 Aug 2022

Oil Sinks To The $80s As Demand Fears Intensify

But the Saudis boost oil prices to record level for Asian customers.

4 Aug 2022

Weekly Vessel Scrapping Report 2022: Week 31

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 28 – August 3, 2022.

4 Aug 2022

FEATURE: Digitalisation is Next Step After MFMs in Singapore's Push for Efficiency and Transparency

The Maritime and Port Authority of Singapore now regards its push for digitalisation to be the next step in improving the transparency of the marine fuels industry.

4 Aug 2022

Pacific Basin Puts Newbuild Orders on Hold Until Alternative Bunker Clarity Emerges

The firm has previously said it is aiming to make ships capable of running on zero-emission fuels the default choice by 2030.

4 Aug 2022

FOBAS: Contaminated Fuels from ARA Region – An Update

FOBAS has seen samples of fuels similar to the recent contamination at the ARA hub in Ulsan and Singapore.

4 Aug 2022

Carnival Expects 5-10% Fuel Savings From Ship Upgrade Programme

By the end of 2023 the firm plans to have rolled out its Service Power Package across its nine cruise line brands.

4 Aug 2022

MOL Joins Bunker Fuel Environmental Impact Study

The two organisations will conduct fuel quality analysis and research over about three years to develop a database seeking to predict the environmental impact from different types of fuel.

4 Aug 2022

Alfa Laval Buys BunkerMetric

The firm's BunkerPlanner software will be integrated into the StormGeo platform to add value to their existing clients, CEO Christian Plum tells Ship & Bunker.

4 Aug 2022

Suction Wing Wind Energy Device Wins Bureau Veritas Approval

The SW270 suction wing system developed by CRAIN Technologies and REEL has received approval in principle from Bureau Veritas.

4 Aug 2022

Oil Plunges On Further Evidence That U.S. Motorists Are Curtailing Their Driving Habits

Meanwhile, OPEC's minuscule production increase was met with widespread disappointment.

3 Aug 2022

2023 IBIA IP Week Dinner Venue Moves to Westminster

The event is being hosted at the Park Plaza Westminster Bridge hotel on February 27; tickets now available with early bird pricing.

3 Aug 2022

Maersk Q2 Bunker Consumption Drops by 2.7% as Fuel Costs Surge by 69%

The firm consumed 2.65 million mt of bunker fuel in the second quarter, up from 2.73 million mt a year earlier.

3 Aug 2022