World News

IBIA Hails IMO Progress on Bunker Flashpoint Regulations

A set of SOLAS amendments on bunker flashpoint have been approved by the IMO's Maritime Safety Committee.

9 May 2022

Oil Gains 5% For The Week As EU Bans Dominate Crude Trading Behaviour

All but forgotten are Biden's oil buybacks and China's Covid crackdowns.

6 May 2022

GTT Wins Approval For Ballast-Free LNG Bunker Barge Design

Classification society Bureau Veritas has awarded approval in principal to GTT's 'Shear-Water' LNG bunker and feeder vessel concept.

6 May 2022

ZeroNorth's ClearLynx Appoints Managing Director

Kenneth Juhls has been appointed managing director of ClearLynx in Copenhagen as of this month.

6 May 2022

Oil Prices Rise Again As Supply Worries Escalate And OPEC Maintains Course

Meanwhile, high costs are interfering with efforts to boost U.S. shale output.

5 May 2022

Weekly Vessel Scrapping Report 2022: Week 18

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 28 – May 4, 2022.

5 May 2022

Singapore's Contaminated HSFO Came From Khor Fakkan: MPA

The MPA's investigations have concluded that the contaminated fuel was loaded at Khor Fakkan in the UAE and shipped to storage facilities in Malaysia for further blending.

5 May 2022

Engineering Firm Alfa Laval Joins Methanol Institute

Alfa Laval will use its membership to support the shift to green methanol as a propulsion technology for the shipping industry.

5 May 2022

Core Power Proposes Nuclear-Powered Desalination Plant Ships

The company has developed a ship design with an 80 MW molten salt reactor that could provide up to 450,000 m3 of drinkable water per day.

5 May 2022

Oil Skyrockets On Tough EU Sanctions Against Russia

The question now is how Europe will compensate for the lost energy supplies.

4 May 2022

Fish Waste to Be Used in Biofuel Bunker Production

UK-based research project mounts successful trial on a Welsh reservoir.

4 May 2022

BUNKER JOBS: International Bunker Trading Firm Positions in Singapore, Europe, & South America

A fast-growing player is seeking experienced candidates, Maritime Recruitment Company tells Ship & Bunker.

4 May 2022

European Union to Ban Russian Oil Imports by End of 2022

The EU plans to phase out imports of Russian crude within six months and of refined products by the end of 2022.

4 May 2022

Maersk Sees 54% Jump in Q1 Bunker Price

Maersk paid an average of $611/mt for bunker fuel in the first quarter, up from $398/mt in the same period a year earlier.

4 May 2022

Oil Sinks Under The Weight Of China Lockdown Fears

However, the European Union may cause sentiment to return to supply fears.

3 May 2022

Titan LNG Joins Gas-Powered Shipping Industry Body SEA-LNG

Titan LNG is seeking to use its membership to expedite the shipping industry's decarbonisation through the use of LNG, bio- and synthetic LNG.

3 May 2022

DNV: LNG Bunker Barge Orders Not Keeping Up With Gas-Powered Ships

April's total of 51 new LNG-fuelled ship orders is 'well ahead' of last year and was driven mainly by orders for large oceangoing ships.

3 May 2022

Oil Prices Enjoy Modest Rise As Analysts Worry About Demand Reduction And Tight Supply

Meanwhile, the EU could impose a Russian oil ban by end of this year.

2 May 2022

BUNKER JOBS: Maersk Oil Trading Seeks Business Development Manager

The company is looking for candidates with at least five years of experience in shipping, logistics, oil or energy.

2 May 2022

Oil Achieves Fifth Straight Months Of Gains As Supply Fears Trump Demand Concerns

Meanwhile, Chevron becomes the latest energy company to boost output.

29 Apr 2022