World News

ICS Submits 2050 Net Zero CO2 Plan to IMO

The industry body has submitted its comments to the UN body's Marine Environment Protection Committee ahead of its next meeting later this month.

5 Oct 2021

Singapore HSFO Supplies Tighten

Supplies in the region are tightening because of increased demand from the power generation sector during the current LNG price spike.

5 Oct 2021

ECSA Secretary General Martin Dorsman Steps Down

Dorsman has left the organisation as of October 1.

5 Oct 2021

TECO 2030 Wins DNV Approval for Hydrogen Fuel Cell System

DNV has confirmed that TECO 2030's design is feasible and there are no obstacles to it being realised.

5 Oct 2021

Oil Jumps On OPEC's Decision To Maintain Output Course

Meanwhile, countries scramble to deflect energy crunch impact.

4 Oct 2021

OPEC+ Keeps to Planned 400,000 B/D November Crude Output Hike

Oil consuming nations including the US had hoped for a greater increase in crude output to combat the recent surge in costs.

4 Oct 2021

Hapag-Lloyd Postpones LNG Bunkering Retrofit Plans

The company first announced plans to retrofit one of its 15,000 TEU boxships to run on LNG in 2018.

4 Oct 2021

Van Oord Orders Methanol-Fuelled Offshore Installation Vessel

The ship is due for delivery in 2024 and will be capable of installing wind turbines of up to 20 MW in capacity.

4 Oct 2021

Energy Crunch Means More Wins For Oil Prices, Worry For Analysts

It's unclear whether OPEC will be willing or able to offset supply shortages.

1 Oct 2021

Recent Retrofit Suggests Big CO2 Emissions Reductions Possible for Existing Tonnage

MV Indian Express propulsion retrofit expected to bring 22% fuel savings.

1 Oct 2021

Hoegh Autoliners to Build Ammonia-ready Ships in China

First two pure car and truck carriers to be delivered in 2024.

1 Oct 2021

S&B ANALYSIS: Latest Brent / VLSFO Relationship and Bunker Price Outlook Through 2022

Since mid-2020 a clear relationship has been established between the price of Brent and VLSFO.

1 Oct 2021

Oil Achieves Monthly Gains On Energy Crunch, But OPEC May Intervene With Higher Output

Meanwhile, some traders think Brent will soar to $200 per barrel.

30 Sep 2021

Silverstream Gets Repeat Air Lubrication Order from Carnival

For an Excel-class cruise ship under construction currently known as hull S717.

30 Sep 2021

RAI R&D Note: Comparing Green Fuels for Marine Engines

The findings point to consideration of 3-time frames: now/short term, medium (5 to 10 yrs), and long (10 to 30 yrs) term.

30 Sep 2021

Weekly Vessel Scrapping Report: 2021 Week 39

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 23 – September 29, 2021.

30 Sep 2021

Bunker Holding Eyes Acquisitions Among Larger Bunker Companies, Green Fuels Players

But the likelihood of BH acquiring a green fuels player rather than a traditional competitor is relatively large, CEO Keld R. Demant tells Ship & Bunker.

30 Sep 2021

Investors Question Demand Strength, Cause Another Round Of Losses For Oil

But OPEC warns that production investment is crucial to avoid a global supply crunch.

29 Sep 2021

German Owner Orders 3 LNG-Powered Containerships

From Chinese Taizhou Sanfu Shipyard.

29 Sep 2021

CMA CGM Takes Delivery of its First LNG-Powered 15,000 TEU Boxship

CMA CGM Patagonia one of 11 LNG-powered 15,000 TEU class vessel.

29 Sep 2021