World News

Carnival Corporation 'On Track' for 20% GHG Cut From 2019 Level by 2030

The firm released its 2021 sustainability report this week, updating its target to a 20% cut from a 2019 baseline rather than its previous target set against 2008 levels.

14 Jul 2022

Global VLSFO Off-Spec Rate Rose in Q2, But Remains Below 2021 Levels: Verifuel

About 2% of the VLSFO samples analysed by Verifuel in the second quarter of 2022 were found to be off-specification.

14 Jul 2022

Jesper Rosenkrans of TotalEnergies Moves on From Marine Fuels Role

Rosenkrans served his last day in his previous role this week, and in early August will become the company's managing director and country chair in Poland.

14 Jul 2022

Ammonia Bunker Supply System Wins Classification Society Approval

SunRui Marine Environment Engineering has received approval in principle from Lloyd's Register and CCS for its ammonia fuel supply system.

14 Jul 2022

Oil Steadies Despite Analysts Insisting That Demand Destruction Is Underway

Meanwhile Russia defies international sanctions and continues to prosper.

13 Jul 2022

Biofuel Producer XFuel Raises €8.2 Million in Investment Round

The company plans to use the funds to commercialise its fuel production technology.

13 Jul 2022

Berge Bulk to Equip Wind-Assist Tech on More Ships

Rotor sails will improve vessel efficiency, the company says.

13 Jul 2022

BUNKER JOBS: Hapag-Lloyd Seeks Senior Purchasers in Hamburg and Singapore

The company is looking for candidates with several years of experience for both roles.

13 Jul 2022

China Lockdowns Stoke Recession Fears As Oil Plummets Almost 8%

Yet demand forecasts are more robust than ever.

12 Jul 2022

IBIA's Vice Chairman and Working Group Chair Sets Out Future Fuels Challenges

The IBIA working group has already published a comprehensive assessment table for each of the main alternative fuel options on the organisation's website for its members.

12 Jul 2022

Unifeeder Takes on ZeroNorth Optimisation Services

Unifeeder has signed a three-year deal with ZeroNorth for bunker and weather optimisation services including the use of procurement platform ClearLynx.

12 Jul 2022

Proposed Russian oil Price cap may Include Refined Products

Head of EIA believes G7 plan to cap Russian oil should include refined oil products.

12 Jul 2022

LNG-Fuelled LCO2 Carrier Design Wins Classification Society Approval

The 40,000 m3 LCO2 carrier design was developed under a joint project between KR and Hyundai Heavy Industries.

12 Jul 2022

Oil Mixed On Covid Fears, As Market Increasingly "Pushed In Two Directions"

Meanwhile, Russia continues to profit despite sanctions from the West.

11 Jul 2022

Maersk Quits ICS Board Over Climate Change Stance

Maersk executive Henriette Hallberg Thygesen has stepped down from the ICS board following an annual revision of the company's trade association memberships.

11 Jul 2022

Fast Pace of Change Makes Fleet Renewal Harder: Report

Leaving older and less efficient tonnage in play.

11 Jul 2022

Maritec Provides Biofuel Bunker Guidance Following Tests

The company has offered a full range of biodiesel blend tests since early this year, and has tested 'quite a number' of the blends, typically containing 20-30% biofuel.

11 Jul 2022

S&B ANALYSIS: Quarter of Global Tonnage Now Using HSFO at Record Discount to VLSFO

The Russia crisis has left HSFO prices significantly underperforming VLSFO, meaning record numbers of scrubber-equipped ships are enjoying record fuel discounts.

11 Jul 2022

Oil Posts Weekly Decline As Recession Fears Trump Supply Concerns

However, a surge of supply fears contributed to a daily price gain.

8 Jul 2022

ClassNK Releases New Alternative Fuels Safety Guidelines

The guidelines provide comprehensive safety requirements for ships running on methanol, ethanol, LPG and ammonia.

8 Jul 2022