World News

Verifuel Sees VLSFO Off-Spec Rate Decline at End of 2021
Verifuel Sees VLSFO Off-Spec Rate Decline at End of 2021
Just 1.3% of the VLSFO samples analysed by Verifuel in the fourth quarter of 2021 were found to be off-specification.
28 Jan 2022
More Work Needed to Study Biofuel Bunker Emissions: Oldendorff
More Work Needed to Study Biofuel Bunker Emissions: Oldendorff
The research follows the trial voyage of a bulker running on a biofuel blend last year.
28 Jan 2022
Kawasaki Heavy Industries Delivers LPG-Powered Gas Carrier
Kawasaki Heavy Industries Delivers LPG-Powered Gas Carrier
The dual-fuelled 84,000 m3 Crystal Trinity was delivered to shipping company Kumiai Navigation on Wednesday.
28 Jan 2022
Oil Dips On Strong U.S. Greenback But Upward Trajectory Expected To Resume
Oil Dips On Strong U.S. Greenback But Upward Trajectory Expected To Resume
Meanwhile, OPEC is expected to agree to an output hike next week.
27 Jan 2022
IBIA Adds 100 Additional Guest Spaces to This Year's In-Person Annual Dinner
IBIA Adds 100 Additional Guest Spaces to This Year's In-Person Annual Dinner
High demand means this year's event will now accommodate 600 guests.
27 Jan 2022
Weekly Vessel Scrapping Report 2022: Week 4
Weekly Vessel Scrapping Report 2022: Week 4
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 20 – January 26, 2022.
27 Jan 2022
NYK Group Takes on Methanol-Fuelled Chemical Tanker
NYK Group Takes on Methanol-Fuelled Chemical Tanker
The Seymour Sun was delivered on January 27.
27 Jan 2022
Maersk Shares Ten Years of Weather Data With Scientific Community
Maersk Shares Ten Years of Weather Data With Scientific Community
The publication will increase the global total amount of publicly available ocean weather data by 28%.
27 Jan 2022
Brent Breaches $90 Per Barrel While $150 Oil For Later This Year Contemplated
Brent Breaches $90 Per Barrel While $150 Oil For Later This Year Contemplated
Geopolitical tensions and tight supply will keep prices on an upward trajectory.
26 Jan 2022
Wärtsilä Wins First Methanol Engine Order
Wärtsilä Wins First Methanol Engine Order
The company will deliver five engines and the methanol fuel supply system for an offshore wind installation vessel.
26 Jan 2022
Oil Rebounds on Russia-Ukraine Conflict As Tight Global Supplies Become Major Concern
Oil Rebounds on Russia-Ukraine Conflict As Tight Global Supplies Become Major Concern
However, China appears to be scaling back crude stockpiling.
25 Jan 2022
INTERVIEW: Biomethanol Producer WasteFuel Seeks Marine Fuel Customers
INTERVIEW: Biomethanol Producer WasteFuel Seeks Marine Fuel Customers
The company has announced its WasteFuel Marine service target the container segment for biomethanol bunker sales.
25 Jan 2022
Eastern Pacific Shipping Bans Coal Cargoes
Eastern Pacific Shipping Bans Coal Cargoes
The company's bulkers have not carried any coal since April 2020.
25 Jan 2022
Oil Plummets On Concern Over Tighter Monetary Policy
Oil Plummets On Concern Over Tighter Monetary Policy
But the Russia/Ukraine conflict is expected to send prices skyrocketing soon.
24 Jan 2022
EU ETS Amendments Garner Container Industry Disapproval
EU ETS Amendments Garner Container Industry Disapproval
The WSC argues European Parliament proposals take away from the overall goal of greenhouse gas reductions.
24 Jan 2022
Peninsula Targets Cruise Ship Over Unpaid Fuel Bills: Report
Peninsula Targets Cruise Ship Over Unpaid Fuel Bills: Report
As cruise line parent files for liquidation.
24 Jan 2022
Oil Posts Fifth Week Of Gains As Analysts Now Warn Of Impending Price Shocks
Oil Posts Fifth Week Of Gains As Analysts Now Warn Of Impending Price Shocks
Oil's strength is now viewed as a threat to economic recovery.
21 Jan 2022
Höegh Autoliners Orders up to 12 LNG-Fuelled Ammonia-Ready Car Carriers
Höegh Autoliners Orders up to 12 LNG-Fuelled Ammonia-Ready Car Carriers
The firm has ordered four ships for delivery in 2024-5, with options for eight more.
21 Jan 2022
Global Average VLSFO Price Hits All-Time High
Global Average VLSFO Price Hits All-Time High
The previous high was seen two years ago at the height of the IMO 2020 transisiton.
21 Jan 2022
Weekly Vessel Scrapping Report 2022: Week 3
Weekly Vessel Scrapping Report 2022: Week 3
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 13 – January 19, 2022.
20 Jan 2022