World News

Technology Firm Ionada Completes LNG Carrier Carbon Capture Study

The company's study has concluded that carbon capture is a viable solution for reducing the vessels' emissions.

8 Jul 2022

IEA Sees Slowing Demand Growth for Natural Gas in Coming Years

The organisation is forecasting global demand growth of 140 billion cubic meters in natural gas between 2021 and 2025.

8 Jul 2022

Oil Prices Climb As Traders Resume Their Fears Of Physical Tightness

But several experts forecast upcoming relief at U.S. gas stations.

7 Jul 2022

Weekly Vessel Scrapping Report 2022: Week 27

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 30 – July 6, 2022.

7 Jul 2022

Proman Stena Bulk Hails Growing Momentum for Methanol Bunkers

Uptick in recent backing "highlights methanol's key advantage as a globally available cleaner marine fuel."

7 Jul 2022

Castrol's Latest Cylinder Oil Receives Category II Status from MAN ES

The cylinder oil will be available later in 2022 and is designed for mark 9 and above 2-stroke engines.

7 Jul 2022

DHL Signs Deal With Hapag-Lloyd for Biofuel-Powered Shipments

Under the deal Hapag-Lloyd will allocate the emissions savings from its use of biofuels to 18,000 TEU of DHL's shipment volumes.

7 Jul 2022

Crude Prices Drop For Second Day As Recession Sentiments Intensify

But Goldman Sachs suggests the sell-offs are overdone.

6 Jul 2022

SGMF Sets Out New Guidance on LNG Bunker Fuel Tanks

The organisation has released a new technical guidance note titled LNG Fuel Tanks – Loading/Filling Limits and Level Instrumentation: Considerations and Recommendations.

6 Jul 2022

Alternative-Fuelled Tonnage Took Up 61% of Newbuild Orders in First Half

Meanwhile, scrubber-fitted tonnage now takes up 24.5% of the current global fleet.

6 Jul 2022

MSC Cruises Unit Orders Two LNG-Fuelled Ships With Hydrogen Fuel Cells

Shipbuilding firm Fincantieri has signed a deal with MSC brand Explora Journeys to build the two new cruise ships.

6 Jul 2022

Recession Fears Grip Traders, Oil Plummets Below $100 Per Barrel

Meanwhile, analysts squabble over what happens next.

5 Jul 2022

INTERVIEW: Signal Group's Shipergy Seeks to Apply Tech Expertise to Bunker Procurement

Shipergy CEO Daniel Rose sets out the new bunker procurement company's strategy in an interview with Ship & Bunker.

5 Jul 2022

IBIA/BIMCO Survey Sees Widespread Support for Bunker Licensing and MFMs

On a scale of 1 to 10, the respondents rated their support for bunker supplier licensing at an average 8.51 and for mass flow meters at an average 8.43.

5 Jul 2022

PIL Orders 'Ammonia Intermediate Ready Fuel Tank' for Four New Boxships

The ships will be able to run on both LNG and conventional bunkers from delivery, and will be delivered from 2025.

5 Jul 2022

TECO 2030-Led Consortium Wins Funding for Hydrogen-Powered Passenger Vessel

TECO 2030, Umoe Mandal and BLOM Maritime are working to develop a hydrogen fuel cell-powered vessel that can carry 200-300 passengers at speeds above 35 knots over long distances.

5 Jul 2022

S&B MARKET SURVEY: Global 2022 Q1 Bunker Demand Loses 2.6% on Year

Ship & Bunker and BLUE Insight's latest bunker volumes survey shows the initial impact of the Russia crisis on the global market.

5 Jul 2022

Oil Prices Gain Traction Despite Warning That Demand Destruction Has Begun

But one analyst argues that consumption metrics are higher now than in 2019.

4 Jul 2022

Uni-Tankers Hires Operator From Monjasa

Mads Nielsen has joined Uni-Tankers as an operator in Middelfart as of this month.

4 Jul 2022

DNV Sees 'Very Slow Growth' in Gas-Powered Ships With Six Orders in June

The firm noted just six additional LNG-fuelled ship orders in June.

4 Jul 2022