World News

Oil Dips On Suggestion of Dismal U.S. Peak Driving Season

But many analysts think prices at the pump will continue to drop.

20 Jul 2022

Three More "K" Line Vessels to be Fitted with "Seawing" Wind Propulsion Systems

The additional units will be installed on three post-Panamax bulkers are are expected to bring CO2 savings of 20%.

20 Jul 2022

DNV Verifies Signal Ocean Vessel Emission Estimate Methodology

DNV has issued a formal letter of professional opinion recognising the validity and robustness of the emission estimates.

20 Jul 2022

Peninsula Adds Bunker Delivery Vessel in Gibraltar

The firm's new ship the Hercules Star arrived in Gibraltar on Monday from the Dayang Shipyard in China.

20 Jul 2022

Container Line PIL Launches Energy Efficiency Team

The company's new Centre for Maritime Efficiency will aim to manage ship and fleet energy-efficiency performance as part of the firm's commitment to cut GHG emissions.

20 Jul 2022

European Firms Plan Green Hydrogen Supply Chain Between Portugal and Netherlands

Shell New Energies, Engie, Vopak and Anthony Veder have signed a deal to study the feasibility of taking green hydrogen produced in Portugal to end markets in the Netherlands.

20 Jul 2022

Oil Up Again On Tuesday, But Trading Continues In A "Very Technical Band"

Other analysts warn that there is more downside for oil coming.

19 Jul 2022

INSIGHT: Bunker Fuel GHG Carbon Footprint Reduction by Blending

Dilution of CI is done by blending two or more fuel blend components with different CI's.

19 Jul 2022

World Direct Shipping Takes Third Scrubber From CR Ocean Engineering

CR Ocean Engineering will fit a scrubber to the container ship Queen B III.

19 Jul 2022

Challenging Market Conditions Continue for Bunker Buyers, Suppliers

Suppliers' stock levels and hedging positions, and buyers' delivery dates continue to drive a wide spread of prices.

19 Jul 2022

Shore Power System to be Installed for Sea and River Cruise Vessels at Amsterdam by 2025

The port authority has accelerated its shore power plans with a view to the facilities being available from the start of the 2025 cruise season.

19 Jul 2022

Capping Russian Oil 'Waste of time', Says Oil Expert

Mandates to fix prices have been tried before: Jorge Montepeque.

18 Jul 2022

Dan-Bunkering Launches Marine Fuels CO2 Calculator

The firm's online CO2 calculator provides emissions estimates for fuel oil, MDO and LNG based on the bunker volume in metric tonnes and cubic metres and its density.

18 Jul 2022

Container Line CMA CGM Hires Alternative Fuels Expert From Bureau Veritas

Martial Claudepierre has joined the firm in Marseilles as alternative fuels concept ship expert as of this month.

18 Jul 2022

Oil Rises On Mixed Signals From Biden Trip To Saudi Arabia

Officials say the trip won't result in more output, but Biden says it will.

15 Jul 2022

K Line to Work With Metals Firm EGA on Decarbonisation

The two companies have signed a memorandum of understanding on setting up a working committee for collaborative research on decarbonisation.

15 Jul 2022

Maersk to Apply EU Emissions Trading Surcharges From Start of Next Year

The EU plans to start charging the shipping industry within Europe for its emissions from next year.

15 Jul 2022

VLSFO Premium to Brent Near Record Highs as Oil Slumps

Ship & Bunker's G20 Index of average VLSFO prices at 20 leading ports hit a record-high premium of $314.22/mt to Brent on July 5, or 141% of the Brent price.

15 Jul 2022

SGMF to Launch Ammonia Bunker Guide at SIBCON

The organisation will launch its introductory guide to ammonia as a marine fuel during the SIBCON events in Singapore in early October.

14 Jul 2022

Weekly Vessel Scrapping Report 2022: Week 28

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 7 – July 13, 2022.

14 Jul 2022