World News

Oil Dips As "Open Interest" In The Commodity Declines, Say Analysts

Still, oil could possibly rise to $150 in the near term.

22 Mar 2022

Russia Using NAVTEX Maritime Communication System for Disinformation: UK

The UK alleges Russia sent a message over the NAVTEX system from Novorossiysk last week with disinformation about the war.

22 Mar 2022

MAN and DNV to Work Together on Marine Decarbonisation and Digitalisation

By June 30 the two companies will set out the details of how they will work jointly on decarbonisation, digitalisation and the hydrogen value chain.

22 Mar 2022

ABB Sees Up to 20% Bunker Fuel Savings From New Digital Vessel Tracking Platform

The product, ABB Ability Tekomar EPERT marine, gives insights into vessel performance and CO2 emissions.

22 Mar 2022

Navigator Gas Joins Hafnia Bunker Alliance

Navigator Gas is the latest shipping firm to join a bunker buying alliance, Hafnia's Peter Grunwaldt tells Ship & Bunker.

21 Mar 2022

Shell Marine to Tackle Decarbonisation Goal

With shipping industry partnerships.

21 Mar 2022

IMO Working Group Reports Progress in Alternative Bunker Emissions Regulation

The working group met online last week.

21 Mar 2022

Oil Posts Second Straight Weekly Loss As Mixed Messages Emerge From Russia/Ukraine Talks

An under-performing OPEC also worried crude traders.

18 Mar 2022

Wärtsilä Develops Methanol Bunker Supply System

The company will install the system along with a methanol engine on board a wind turbine installation vessel under construction for Netherlands-based Van Oord.

18 Mar 2022

MOL to Offset Carbon Emissions form Battery-Powered Tanker

The vessel will have about 60% lower emissions than conventional vessels through its use of renewable electricity..

18 Mar 2022

BUNKER JOBS: Bunker Holding Seeks Group Strategy Senior Associate

The firm is looking for candidates with experience as a consultant or executive assistant.

18 Mar 2022

UK's P&O Ferries Lays Off 800 Staff in Business Shake Up

The firm announced the move to staff on a pre-recorded video call on Thursday.

17 Mar 2022

Weekly Vessel Scrapping Report 2022: Week 11

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 10 – March 16, 2022.

17 Mar 2022

Bunker Supplier Propeller Fuels to Expand After Winning Increased Financing

The company has recently almost doubled its funding facility from HSBC to an eight-figure total.

17 Mar 2022

Oil Treads Further Into Bear Territory As Russia/Ukraine Talks Seem To Hold Promise

But continued war could cause "global oil supply shock, says the IEA.

16 Mar 2022

Spanish Authorities Seize Rosneft CEO Igor Sechin's Yacht

The detention is the latest in a series of seizures of assets owned by people close to the Russian government by authorities in the US, UK and EU.

16 Mar 2022

LPG Carriers Win Bureau Veritas 'Ammonia-Prepared' Notation

The two 40,000 m3 vessels are due for delivery from June 2023.

16 Mar 2022

Methane Slip Reduction Tech for LNG-Fuelled Ships Wins ClassNK Approval

The companies are aiming to demonstrate a reduction in methane slip of more than 70% over a six-year period.

16 Mar 2022

VIEWPOINT: The Sanctions Policy Question

Chris Morgan, global head of credit at Delta Energy, discusses the current challenges shaping compliance and credit policy.

16 Mar 2022

Crude Trading Enters Bear Territory As Investors React to Iran, Russia

OPEC warns of diminished demand if the Russia/Ukraine invasion continues.

15 Mar 2022