World News

Oil Falls For Third Straight Day On Hawkish Sentiment From U.S. Fed

However, fundamentals show a tight market that would let up any time soon.

7 Apr 2022

Weekly Vessel Scrapping Report 2022: Week 14

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 31 – April 6, 2022.

7 Apr 2022

INTERVIEW: Monjasa Sees 'Uncertainties Like Never Before' for Bunker Industry in 2022

Monjasa's Svend Mølholt discusses his firm's 2021 results and the outlook for the bunker industry in an interview with Ship & Bunker.

7 Apr 2022

Tanker Firms Frontline and Euronav to Merge

The combined firm would operate under the name Frontline, with current Euronav CEO Hugo De Stoop as CEO.

7 Apr 2022

Monjasa Bunker Sales Hit New Record High as Profits Slip

The firm delivered 5.7 million mt of bunker fuels last year, up by 16.3% from the 4.9 million mt sold in 2020.

7 Apr 2022

Short Deliveries in Rotterdam, Fujairah Cost Bunker Buyers $250m in 2021: Report

BLUE Insight says its findings should prompt renewed calls for the use of mass flow meters (MFMs) as a universal standard.

7 Apr 2022

Mining and Bulker Firms to Set Up Iron Ore Green Corridor in Asia-Pacific

A consortium of firms has signed a letter of intent to develop a green corridor for iron ore shipments between Australia and East Asia.

6 Apr 2022

Maritime Carbon Capture Project Wins €3.4 Million of EU Funding

The EverLoNG project will demonstrate carbon capture systems on board two LNG-fuelled ships.

6 Apr 2022

Container Ship Reports 27% GHG Savings From Using Synthetic LNG Blend

The 1,036 TEU container ship ElbBLUE used a 50% synthetic LNG blend -- with the remainder being fossil LNG -- in a trial between Brunsbuttel and Rotterdam in September.

6 Apr 2022

Oil Dips Despite New Russia Sanctions As Shock of Ukraine Invasion Eases

Meanwhile, Saudi Arabia's oil price hike is backfiring.

5 Apr 2022

New Joint Venture Launched for Ammonia-Powered Shipping

Bernhard Schulte Shipmanagement and Norwegian ammonia specialists Amon Maritime have set up a new joint venture, Ula Ship Management.

5 Apr 2022

Alfa Laval Develops New Marine Waste Heat Recovery System

The firm's E-PowerPack system uses Organic Rankine Cycle technology to convert a ship's waste heat into electrical power.

5 Apr 2022

'Bornholm Bunker Hub' Alternative Fuels Project Seeks Customers

The organisation expects to set up alternative fuel supply at the Port of Roenne by 2025.

5 Apr 2022

More Russia Sanctions Cause Oil to Rally, But Opinions Differ About Supply Tightness

Meanwhile, Iran again claims a nuclear deal with the U.S. is imminent.

4 Apr 2022

Development Deal Signed for World's First Green Ammonia-Fuelled VLCCs

The firms have signed a memorandum of understanding to develop and build two VLCCs capable of running on green ammonia.

4 Apr 2022

New IBIA Board Starts Work

The new board was elected by IBIA members earlier this year, with the results announced at the annual IBIA dinner in February.

4 Apr 2022

Corvus Energy Marine Hydrogen Fuel Cell System Design Wins DNV Approval

The H2NOR consortium, backed by Corvus, is seeking to make marine fuel cells commercially available in 2024 after trials next year.

4 Apr 2022

BUNKER JOBS: Tropic Oil Company Seeks Yacht Business Development Manager

The firm is looking for candidates with business development experience to grow its yacht fuelling business.

4 Apr 2022

Oil Incurs Massive Weekly Loss As Biden Drawdown Increasingly Viewed As Futile

Meanwhile, the IEA can't decide on the parameters of their own emergency draw.

1 Apr 2022

14 More LNG-Fuelled Ships Ordered in March: DNV

March's new orders took the total count for the first quarter to 70, the second-highest quarter on record.

1 Apr 2022