World News

Oil Gains On The Day But Loses For The Month As JPMorgan Worries About $380 Per Barrel Prices

Meanwhile, events in Norway and India could worsen tightness.

1 Jul 2022

Container Line CMA CGM Invests in Biomethane Production Facility

Biomethane from the Salamander project's proposed plant in Le Havre could be used as bio-LNG to fuel the container line's gas-powered ships.

1 Jul 2022

South Korea's Dansuk Exports Biofuel Bunkers to Europe

Dansuk sent a 3,0000 mt sustainable marine fuel cargo from South Korea to the Netherlands last month.

1 Jul 2022

Just 35% of Top Shipping Firms Have Coherent 2050 GHG Plan: MMMCZCS

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has analysed the public statements of 94 top shipping firms to determine their decarbonisation plans.

1 Jul 2022

Oil Posts 7.8 Percent Monthly Loss As Analysts Disagree On Market Outlook

But all signs indicate that "turbulence" lies ahead.

30 Jun 2022

INTERVIEW: 'When It's Quite Windy Out There, Bunker Holding Excels'

Bunker Holding CEO Keld Demant discusses the firm's positive outlook for this year in an interview with Ship & Bunker, after reporting the second-best profits in the company's history.

30 Jun 2022

Weekly Vessel Scrapping Report 2022: Week 26

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 23 – June 29, 2022.

30 Jun 2022

Signal Group Officially Launches Bunker Procurement Firm Shipergy

Daniel Rose, former CEO of brokerage LQM, will serve as the company's CEO.

30 Jun 2022

Japanese and UAE Firms Demonstrate Ammonia Supply Chain

MOL transported an ISO tank container of ammonia from Abu Dhabi to Japan.

30 Jun 2022

Bunker Holding Reports 47% Profit Gain in Second-Best Year in Firm's History

The company reported earnings before tax of $103 million in the year to April 30, up from $70.3 million a year earlier.

30 Jun 2022

France Awards Singapore's MPA CEO Legion of Honour Gong

Quah Ley Hoon, CEO of the MPA, was conferred Knight of the Legion of Honour earlier this week for her role in transforming Singapore and building maritime ties between France and Singapore.

30 Jun 2022

Berge Bulk Vessel to Take on Wind Power System

Yara Marine Technologies is set to install four BAR Tech WindWings on board Berge Bulk's 210 DWT bulker the Berge Olympus.

29 Jun 2022

New Partnership Launched to Supply Ship-Based Carbon Capture Systems

Carbon capture firm Carbotreat and Netherlands-based VDL AEC Maritime have launched a strategic partnership for the supply and development of ship-based carbon capture systems.

29 Jun 2022

More Gains For Crude As China's Covid Restriction Relaxation Adds To Red Hot Demand

Meanwhile, more criticism is levelled against the Russia oil gap scheme.

28 Jun 2022

KPI OceanConnect Reports 2% Gain in Profits in 2021/22

The firm saw pre-tax earnings of $15.4 million in the year to April 30, up from $15.1 million the previous year.

28 Jun 2022

New Industry Safety Report Sets Out Risks of Ammonia Bunkering

The report, published this week, examines and compares the safety profiles of ammonia, methanol, hydrogen and LNG when used for bunkering.

28 Jun 2022

Oil Rises on Libya, Equador Tensions, As G7 Prepares To Discuss Russian Price Cap

Critics fear any cap will only worsen geopolitical tensions.

27 Jun 2022

Dan-Bunkering Earnings Drop to Four-Year Low After Sanctions Fine

The company saw pre-tax profits of $13.5 million for the 2021/22 financial year, it said in an emailed statement on Monday, down from $19.5 million the previous year.

27 Jun 2022

BIMCO Develops New Time Charter Clause Covering Emissions Trading

The clause sets out how "to allocate costs and responsibilities for obtaining, transferring, and surrendering greenhouse gas emissions allowances for ships operating under an emissions scheme."

27 Jun 2022

Oil Incurs Second Weekly Loss As Analysts Differ On Inflation, Demand

Meanwhile, Nigeria says OPEC has little capacity to increase output.

24 Jun 2022