World News

Oil Prices Flip Flop As Traders Weigh Fears of China's Lockdowns Against Supply Tightness

Meanwhile, high prices help make Saudi Aramco world's most valuable company.

16 May 2022

Brittany Ferries Signs LNG Bunker Supply Deal With Titan LNG

The two firms have signed a long-term LNG and bio-LNG supply contract for two new hybrid .ferries being delivered in 2024 and 2025

16 May 2022

Torm to Complete Scrubber Installations by End of Q3

The firm had scrubbers installed on 52 of its ships by the end of March.

13 May 2022

Pacific Basin Seeks to Make Zero-Emission Ships 'Default Choice' by 2030

The company has signed a memorandum of understanding with Nihon Shipyard and Mitsui & Co to cooperate in the development of zero-emission vessels.

13 May 2022

BUNKER JOBS: Maersk Seeks Senior Future Fuels Manager

The company is looking for candidates with eight to ten years of relevant experience and technical expertise within the area of advanced biofuels and synthetic fuels.

13 May 2022

EU's Dithering And "Universal" Energy Shortage Causes Mixed Crude Trading

Meanwhile, Yawger favours China's slowing demand rate.

12 May 2022

Weekly Vessel Scrapping Report 2022: Week 19

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 5 – May 11, 2022.

12 May 2022

Digital Shipping Start-Up Wins Yara Marine Accelerator Program Award

Software developer start-up EyeGauge will take a three-month place in the accelerator program.

12 May 2022

Hapag-Lloyd Reports 1.1% Yearly Gain in Q1 Bunker Consumption

The firm reported bunker consumption of 1.06 million mt in the first quarter of 2022.

12 May 2022

OW Bunker USA Bankruptcy Case Closes

Once final distributions have been made, OW Bunker USA and OW Bunker North America will have returned about $23.5 million to their creditors.

12 May 2022

Traders Reverse Gears Yet Again, Cause Big Uptick In Oil Prices

Bullish sentiment was supported by Saudi Aramco's dominance and Covid's decline.

11 May 2022

Berlin-Based Start-Up Seeks to Help Track Ships' Emissions

Zero44, launched by Berlin-based Flagship Founders, will use customised digital solutions to give shipping firms a daily report on their ships' emissions.

11 May 2022

Take up of Zero-emission Fuels Could be Triggered by Financial Instruments

Getting to Zero industry group suggests using EU ETS to fund such a scheme.

11 May 2022

HSFO Contamination Discovery May Have Been Too Late for Quality Claims: Gard

Because this contamination was found only after extensive testing, there may not have been enough time for quality claims.

11 May 2022

Alt Fuels Still an Unknown, Says Insurer

Allianz annual shipping review highlights increased sector risk from energy transition.

11 May 2022

Oil Dips Below $100 As Recession Fears Grip Traders

Conversely, Saudi Arabia warns that the energy market is running out of capacity.

10 May 2022

Dan-Bunkering Promotes Former LQM Broker in Stamford

Sara Brady has been promoted to team leader, senior broker and trader in Stamford as of May 1.

10 May 2022

MOL Invests in New Scrubber Design for California Car Carriers

The firm will provide funds for Clean Air Engineering Maritime, Inc. to design a new system for MOL-operated car carriers to use from 2025.

10 May 2022

Oil, Other Markets Plummet As Traders Fret About China's Covid Lockdowns

But one analyst says there's still not enough supply to meet demand.

9 May 2022

MAN Cryo to Supply Methane Slip-Reducing LNG Fuel Supply Systems to Car Carriers

A MAN spokesman tells Ship & Bunker the fuel supply system in combination with the ME-GI engine will result in 'negligible' methane slip.

9 May 2022