World News

40 More LNG-Fuelled Ships Ordered in January

January's 40 orders pushed the total count of LNG-fuelled ships on order or in operation to nearly 700.

3 Feb 2022

Japan's K Line Joins Carbon Capture Research Body

The firm has joined the Australian government-backed Global CCS Institute.

3 Feb 2022

Oil Supported By Modest OPEC Output Agreement But Market Needs More, Say Experts

Citi is the lone voice arguing that oversupply is on the horizon.

2 Feb 2022

Norwegian Oil Trading Hires Oil Market Analyst

The new hire was previously a fleet planner for dry bulk shipping company Saga Welco AS.

2 Feb 2022

Japan's MOL to Install Hard Sail System on Bulker

The firm has developed the Wind Challenger system in conjunction with the Oshima Shipyard.

2 Feb 2022

Pacific International Lines Orders LNG-Fuelled Boxships

The firm has ordered two dual-fuelled 16,000+ TEU vessels from China's Jiangnan Shipyard.

2 Feb 2022

Crystal Cruises' Crystal Symphony Owed Peninsula $2.2 Million

But no maritime lien against ship has been reported.

2 Feb 2022

Maersk Tankers, Cargill, Mitsui Launch New Shipping Fuel Efficiency Service

The service is designed both for the tramp and liner markets, expecting to deliver annual fuel savings per vessel of 7-16% on average.

2 Feb 2022

Wind Power Body Gains Consultative Status at IMO

The organisation will now seek to have 'a close working relationship' with the IMO.

1 Feb 2022

TFG Marine Announces Results of d'Amico Group Biofuel Trial

The firm launched the trials of a 30% biofuel blend on board the M/T Cielo di Rotterdam in June 2021.

1 Feb 2022

Norsepower Wins RINA Approval for Rotor Sail Sytem

The firm's rotor systems have now been in operation for a combined total of more than 140,000 hours.

1 Feb 2022

More Gains For Crude As Demand Skyrockets, $100 Oil Forecast Again

But one analyst warns that high prices could harm economic recovery.

31 Jan 2022

Shanghai, Los Angeles Plan for Zero-Carbon Ships by 2030

Ports' partnership aims to smooth path to low-carbon shipping.

31 Jan 2022

Second Crystal Cruise Ship Diverts to Bahamas

Following refusal to dock from Aruba port authorities.

31 Jan 2022

Emulsion Fuel Firm Quadrise Announces Biofuel Test Results

Quadrise now plans further bio-MSAR tests later this year.

31 Jan 2022

Oil at $100-Plus Is Near Certainty, Say Insiders As Crude Hits Sixth Weekly Gain

One analyst says it's also necessary for slowing down demand recovery.

28 Jan 2022

Pakistan Player Resumes VLSFO Supply

But supplies are limited.

28 Jan 2022

Scrubber Orders are Low: Wärtsilä

The firm fitted scrubbers on board 231 newbuild vessels last year, but retrofit demand has been sluggish.

28 Jan 2022

Sweden's Furetank Orders LNG-Battery Hybrid Tanker

The 17,999 DWT ship will be built by China Merchants Jinling Shipyard in Yangzhou.

28 Jan 2022

IMO Carbon Intensity Rules Will Squeeze LNG Carrier Fleet: Lloyd's Register

As many as 400 LNG carriers currently are unlikely to achieve the Carbon Intensity Indicator number required by the IMO by 2025.

28 Jan 2022