World News

Diverse Workforce Vital to Marine Decarbonisation: KPI OceanConnect

The firm has conducted internal research showing that a diverse workforce can enhance creativity, adaptability and problem-solving.

8 Mar 2022

Shell to Halt Russian Oil and Gas Deals

The firm will withdraw from its involvement in Russian oil, refined products, gas and LNG 'in a phased manner'.

8 Mar 2022

FEATURE: Bunker Industry in State of Uncertainty as Traders Brace for Russia Impact

Short-term gains are there to be made in bunker margins with crude at 14-year highs and as freight demand rises, but a host of challenges are around the corner.

8 Mar 2022

BUNKER JOBS: Biofuel Producer Renewable Energy Group Seeks Bunker Sales Manager

The company is looking for candidates with extensive experience with sales of petroleum products and/or renewable fuels.

8 Mar 2022

Oil Approaches $140 Per Barrel As Russia Warns Of Prices Above $300 If Bans Are Enacted

Meanwhile, OPEC remains steadfast in refusing to increase supply.

7 Mar 2022

CMA CGM Steps Up Fuel Hedging as Bunker Costs Surge

The firm paid $4.23 billion for bunkers and consumables in 2021, up by 37.5% from the $3.07 billion paid the previous year.

7 Mar 2022

Pacific International Lines Orders Four LNG-Fuelled Large Boxships

The firm has ordered the four 14,000 TEU vessels from Jiangnan Shipyard Group.

7 Mar 2022

New Report Assesses Best Alt Fuel Routes for Shipping

Research undertaken by Global Industry Alliance to Support Low Carbon Shipping.

7 Mar 2022

Global Bunker Supplier Peninsula Halts Russia-Related Business

The suspension applies to business with Russian ships, ports, companies, suppliers and financial institutions.

4 Mar 2022

CMA CGM Bunkers LNG at Bilbao for First Time

Spanish energy producer Repsol bunkered the Containerships Borealis with LNG at Bilbao on Thursday.

4 Mar 2022

Analytics Firm Tracks 126 Tankers at Sea Carrying Oil From Russian Ports

The vessels are carrying up to 87.4 million barrels of oil.

4 Mar 2022

Vancouver Bans Open-Loop Scrubber Discharge

From March 1, ships anchored or at berth at the port will not be allowed to discharge scrubber washwater.

4 Mar 2022

IMO to Hold Extraordinary Council Session on Ukraine Crisis

The session will "address the impacts on shipping and seafarers of the situation in the Black Sea and the Sea of Azov."

4 Mar 2022

NYK Designs Ammonia-Ready LNG-Fuelled Vessel

The two firms have made versions of the design suitable for a pure car carrier and a post-panamax bulker.

4 Mar 2022

Estonian Cargo Ship Sinks in Black Sea After Explosion

The cargo ship Helt sank off Odessa on Thursday after an explosion.

3 Mar 2022

Weekly Vessel Scrapping Report 2022: Week 9

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 24 – March 2, 2022.

3 Mar 2022

16 More LNG-Fuelled Ships Ordered in February: DNV

The recent surge in LNG prices appears not to have dented enthusiasm for gas-powered tonnage orders yet.

3 Mar 2022

US Domestic Market Can Kickstart Nuclear Power as Green Ship Tech: Report

Operation within US waters only would remove the "complex regulatory hurdles of moving reactors between nation-states," a new report says.

2 Mar 2022

Market Jitters Could Impact HSFO Cargo Flows: Analyst

Over uncertainty surrounding Russian port oil and product loadings.

2 Mar 2022

Platts to Operate as S&P Global Commodity Insights After IHS Merger

Platts and IHS will now operate together under a new brand, S&P Global Commodity Insights.

2 Mar 2022