World News

Weekly Vessel Scrapping Report 2022: Week 24
Weekly Vessel Scrapping Report 2022: Week 24
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 9 – June 15, 2022.
16 Jun 2022
Lloyd's Register Sees Up to 29% Fuel Saving From Bulker Equipped With Rotor Sails
Lloyd's Register Sees Up to 29% Fuel Saving From Bulker Equipped With Rotor Sails
Lloyd's Register has granted approval in principle to a Newcastlemax bulker design equipped with rotor sails from Anemoi Marine Technologies.
16 Jun 2022
Deloitte Names Monjasa Among Best Managed Private Companies for 2022
Deloitte Names Monjasa Among Best Managed Private Companies for 2022
The company was awarded a place in Deloitte's Best Managed Companies programme for 2022 by an independent jury.
16 Jun 2022
MSC Promotes Biofuel Bunker Use to Shippers
MSC Promotes Biofuel Bunker Use to Shippers
The firm's MSC Biofuel Solution service allows shippers at selected ports to be awarded emissions offset certificates related to the company's use of biofuels.
16 Jun 2022
FEATURE: 10 Years of Bunker Prices
FEATURE: 10 Years of Bunker Prices
Bunker prices at record highs having risen 679% over the last 7½ years. This year's price jump is bigger than during any previous event over the last decade.
16 Jun 2022
Oil Plummets As Fed Announces Massive Interest Rate Increase
Oil Plummets As Fed Announces Massive Interest Rate Increase
Meanwhile, analysts clash on demand outlook for 2022, '23.
15 Jun 2022
New London Office for IBIA
New London Office for IBIA
The organisation's headquarters is now based on Cheapside in the east of the City of London.
15 Jun 2022
Cruise Firm Costa Sets Up Decarbonisation Department
Cruise Firm Costa Sets Up Decarbonisation Department
The new department, based in Hamburg, will be responsible for developing and implementing the firm's decarbonisation strategy.
15 Jun 2022
Ecospray Launches Three New Carbon Capture Technologies for Ships
Ecospray Launches Three New Carbon Capture Technologies for Ships
The firm plans to offer the shipping industry systems that reduce CO2 emissions through the use of amines, calcium hydroxide or molten carbonate fuel cells.
15 Jun 2022
Rebranded LNG Bunker Supplier Titan May Supply Other Alternative Fuels in Future
Rebranded LNG Bunker Supplier Titan May Supply Other Alternative Fuels in Future
The firm will now operate under the name Titan.
15 Jun 2022
High Cost of Conversion to Alt Fuel for Global Fleet: Report
High Cost of Conversion to Alt Fuel for Global Fleet: Report
While only 15% of fleet has viable engines for transition.
15 Jun 2022
Avenir Marine Signs LNG Bunkering Supply Deal
Avenir Marine Signs LNG Bunkering Supply Deal
And eyes further expansion in Baltic arena.
14 Jun 2022
BUNKER JOBS: Maersk Seeks Head of Green Fuel Sourcing
BUNKER JOBS: Maersk Seeks Head of Green Fuel Sourcing
The company is looking for candidates with at least 15 years of experience in the energy and renewables markets.
14 Jun 2022
Oilmar Opens Geneva Office
Oilmar Opens Geneva Office
The firm's new Geneva branch will be led by Surkhay Abdul-Rahimov, with a team of five staff including charterers and operators specialising in dirty petroleum products tankers.
14 Jun 2022
No End In Sight For Oil Price Gains, Analysts Fear
No End In Sight For Oil Price Gains, Analysts Fear
Libya shortages and high inflation are contributing to the tightness.
13 Jun 2022
Klaus Nyborg Starts New Role as Bunker Holding Chairman
Klaus Nyborg Starts New Role as Bunker Holding Chairman
Klaus Nyborg has now officially taken over as the Danish group's chairman.
13 Jun 2022
IMO's MEPC Sets Stage for Summer 2023 Showdown on GHG Emissions
IMO's MEPC Sets Stage for Summer 2023 Showdown on GHG Emissions
Decisions on how to revise the long-term targets in the organisation's GHG strategy have mostly been left to the next meeting.
10 Jun 2022
Mediterranean ECA Approved at MEPC78
Mediterranean ECA Approved at MEPC78
If adopted at the next MEPC meeting, the new 0.1% sulfur limit could come into force as soon as 2025.
10 Jun 2022
Recruitment Firm Sees Need for Compromise on Non-Compete Clauses
Recruitment Firm Sees Need for Compromise on Non-Compete Clauses
Employers should consider the wider impact on the bunker industry of enforcing increasingly strict contractual clauses, Vernon Jayanathan tells Ship & Bunker.
10 Jun 2022
Oil Dips As Shanghai Returns To Lockdown, But Bull Market Remains Invincible
Oil Dips As Shanghai Returns To Lockdown, But Bull Market Remains Invincible
Meanwhile, analysts warn that high gas prices could trigger a recession.
9 Jun 2022