World News

Weekly Vessel Scrapping Report 2022: Week 6

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 3 – February 9, 2022.

10 Feb 2022

EU Shipping Decarbonisation Policy Risks Undermining Itself: Danish Shipping

The organisation published a report on Thursday examining what it sees as flaws in the EU's FuelEU Maritime and Emissions Trading System initiatives.

10 Feb 2022

Container Industry Body Sets Out Pathways to Decarbonisation

The industry body set out its decarbonisation strategy ahead of this year's meeting of the IMO Marine Environment Protection Committee in June.

10 Feb 2022

DNV Launches Hydrogen Joint Industry Project

The organisation has launched the project with 18 industry partners including BP and Equinor.

10 Feb 2022

Oil Rally Stalls Again On Prospect Of Iran "Relieving" Tight Global Market

Meanwhile, one experts says a Russia/Ukraine conflict will boost oil to $120.

9 Feb 2022

Island Oil Hires Bunker Trader in Cyprus

Alexis Psaras has joined the company as a bunker and lubricants trader as of the start of this month.

9 Feb 2022

Oil Slips On Macron Comments on Russia and Ukraine

Meanwhile, Tuesday sees yet more signs of a bullish market.

8 Feb 2022

Unifeeder Takes on B100 Biofuel at Rotterdam

The company's feeder vessel the Elbsummer recently bunkered 400mt of B100 biofuel from VARO at Rotterdam.

8 Feb 2022

High Freight Rates Cushion Carriers' Inflated Fuel Bill

But VLSFO/HSFO premium a boon in keeping a handle on ship operating costs.

8 Feb 2022

Hydrogen-Fuelled Multipurpose Cargo Ship to Be Presented at Brest Industry Event

The Energy Observer project will present the ship at the One Ocean Summit in Brest on February 10.

8 Feb 2022

Biofuels and Bio-LNG Will Be More Expensive Than Other Alternatives: Report

Consultancy Ricardo has produced the new report on the shipping industry's decarbonisation pathways for OGCI and Concawe.

8 Feb 2022

S&B ANALYSIS: Latest on Brent / VLSFO / HSFO Relationship, Bunker Price Outlook as Low Sulfur Premium Nears 2-Year High

Latest crude forecasts suggest $800/mt bunkers in 2023, scrubber spread closing in on $200/mt.

8 Feb 2022

Oil Rally Pauses As Iran Nuclear Talks Set To Resume

However, the global market remains tight and upside risks are high.

7 Feb 2022

Isle of Man to Offer 15% Flag Fee Discount for Green Ships

The plan will be put before the Isle of Man's legislature in March, and will come into effect for fees from April 1 if approved.

7 Feb 2022

TFG Marine Announces Biofuel Stem With Carbon Offsets

Full lifecycle emissions from the production, supply and consumption of the fuel were covered by carbon offsets.

7 Feb 2022

Avin International Takes Delivery of First Ammonia-Ready Ship

The Suezmax tanker Kriti Future has been delivered to its new owners after being built by New Times Shipbuilding Co.

4 Feb 2022

Widening VLSFO-HSFO Price Spread Sees Dorian LPG Pay Back 48% of Scrubber Costs

The firm paid an average of about $150/mt less for HSFO than for VLSFO in the fourth quarter.

4 Feb 2022

Next Stop For Oil: $100 As Two Key Benchmarks Settle Above $90 Per Barrel

Fear, not logic, is driving trading, says one analyst.

4 Feb 2022

Weekly Vessel Scrapping Report 2022: Week 5

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 27 – February 2, 2022.

3 Feb 2022

CLdN RoRo Takes on Two LNG Hybrid Vessels

The company has ordered the two 8,000 lane metre ro-ro vessels from the Hyundai Mipo Dockyard.

3 Feb 2022