World News

Shipbroker SSY Completes First Carbon Offset Deal
Shipbroker SSY Completes First Carbon Offset Deal
SSY Futures set up a carbon desk earlier this year.
19 Nov 2021
Maersk Issues €500 Million in Green Bonds to Finance Methanol-Fuelled Ships
Maersk Issues €500 Million in Green Bonds to Finance Methanol-Fuelled Ships
The company placed the ten-year bonds with a coupon of 0.75%, its lowest rate on record.
19 Nov 2021
Oil Prices Supported By Bargain Hunters As SPR Release Keenly Anticipated
Oil Prices Supported By Bargain Hunters As SPR Release Keenly Anticipated
But one analyst says Biden continuing to do nothing may be the best solution.
19 Nov 2021
Weekly Vessel Scrapping Report: 2021 Week 46
Weekly Vessel Scrapping Report: 2021 Week 46
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 11 – November 17, 2021.
18 Nov 2021
Ardmore Shipping 'Relatively Uncomfortable' Over Ammonia Bunker Safety
Ardmore Shipping 'Relatively Uncomfortable' Over Ammonia Bunker Safety
Mark Cameron has raised the question of how safety can be incorporated into ammonia-fuelled ship designs.
18 Nov 2021
Monjasa Nears Completion of Fleet Redesign and Renaming
Monjasa Nears Completion of Fleet Redesign and Renaming
The company now has 11 of its 12 owned tankers using the Monjasa name and colours.
18 Nov 2021
FuelTrust Reports Variations of up to 3% in Bunker Energy Density
FuelTrust Reports Variations of up to 3% in Bunker Energy Density
The company has analysed 14 million barrels of VLSFO across 28 batches using its Digital Chemist AI system.
18 Nov 2021
INTERVIEW: SEKAVIN Launches Bunker Trading Unit
INTERVIEW: SEKAVIN Launches Bunker Trading Unit
SEKAVIN Director Sifis Vardinoyannis explains the thinking behind the firm's expansion into bunker trading this year.
18 Nov 2021
Oil Plummets as U.S./China Talks To Curb Inflation Result In No Action
Oil Plummets as U.S./China Talks To Curb Inflation Result In No Action
Meanwhile, the White House holds a massive auction for Gulf drilling rights.
17 Nov 2021
IBIA Adds LNG Bunker Course to Training Portfolio
IBIA Adds LNG Bunker Course to Training Portfolio
The course is aimed at those with no previous experience of LNG.
17 Nov 2021
BW LPG Sees $1.5 Million Fuel Savings From Digitalisation
BW LPG Sees $1.5 Million Fuel Savings From Digitalisation
The company now has 20 VLGCs running the SmartShip platform.
17 Nov 2021
Sovcomflot Wins 'Poseidon-Compliant' Funding for Sakhalin Tankers
Sovcomflot Wins 'Poseidon-Compliant' Funding for Sakhalin Tankers
The vessels will have CO2 emissions at least 10% lower than the company's previous generation of shuttle tankers.
17 Nov 2021
Brokerage NSI on Backwardation and Contracts
Brokerage NSI on Backwardation and Contracts
Paul Hardy of NSI gives bunker buyers advice on how to approach the current backwardated market.
16 Nov 2021
Oasis Marine Power Wins New Investment to Develop Offshore Charging Buoy
Oasis Marine Power Wins New Investment to Develop Offshore Charging Buoy
Wilkie Engineering has taken on an undisclosed stake in the company.
16 Nov 2021
Wärtsilä to Offer Future Fuels Retrofits From Next Year
Wärtsilä to Offer Future Fuels Retrofits From Next Year
The company plans to launch its two-stroke future fuels conversion platform in the first quarter of 2022.
16 Nov 2021
Global VLSFO-HSFO Spread Jumps to Highest Since IMO 2020 Transition
Global VLSFO-HSFO Spread Jumps to Highest Since IMO 2020 Transition
The average global spread between VLSFO and HSFO stood at $136/mt on Monday.
16 Nov 2021
Bergen Bunkers Takes on Inatech Digital Trading System
Bergen Bunkers Takes on Inatech Digital Trading System
The company has signed a deal with Inatech to use its Bunkertech software.
15 Nov 2021
Oman Oil Marketing Company Hires Head of Bunkering
Oman Oil Marketing Company Hires Head of Bunkering
Christophe El Kati has joined the firm as senior manager for marine and bunkering.
15 Nov 2021
'We Are Ready to Supply Methanol Tomorrow': Bunker One
'We Are Ready to Supply Methanol Tomorrow': Bunker One
The firm has access both to grey methanol produced using fossil fuels and to biomethanol produced in the Netherlands.
15 Nov 2021
S&B ANALYSIS: Singapore October Bunker Sales Jump to Five-Month High
S&B ANALYSIS: Singapore October Bunker Sales Jump to Five-Month High
The city-state's total demand climbed to 4.3 million mt in October.
15 Nov 2021