World News

Oil Heads Towards Weekly Gains As Producers Slowly Recover From Ida

Meanwhile, China's release of crude from reserves is now regarded in a bullish light.

10 Sep 2021

BunkerMetric Software Joins Veson IMOS Platform

BunkerMetric's BunkerPlanner software will now be integrated with the Veson IMOS Platform.

10 Sep 2021

Maersk Calls for Deadline for Ban on Newbuilds Using Fossil Fuel Bunkers

CEO Soren Skou has said the IMO should set a date for when the ordering of newbuild ships using fossil fuels will end.

10 Sep 2021

Wärtsilä Joins Carbon Capture and Storage Consortium

The company has become a partner in the Linking Carbon Capture and Storage (LINCCS) consortium.

10 Sep 2021

CMA CGM Vows No Spot Container Rate Increases for Five Months

The firm will put on hold any spot freight rate increases from September 9 to February 1.

10 Sep 2021

More Than One in Four Ships on Order Could Run on LNG

Nearly 30% of gross tonnage currently on order is for LNG-fuelled vessels.

10 Sep 2021

ABB Develops Containerised Battery Power System for Ships

The firm's Containerised Energy Storage System (ESS) is housed in a 20-foot ISO container and can be integrated with a vessel's main power distribution system.

10 Sep 2021

DP World Eyes New Vladivostok Box Terminal Amid Growing Arctic Trade

Latest step for developing the NSR as Russia plans to more than double cargo volume to 80m tonnes by 2024.

9 Sep 2021

Roller Coaster Trading Ends In A Slump For Oil, But Demand Continues To Surge

Meanwhile, slow post-Ida recovery helps support prices.

9 Sep 2021

X-Press Feeders Inland Vessel Takes on Onboard Carbon Capture System

Value Maritime will install a carbon capture and storage system on Visser Shiping's ship the Nordica in October.

9 Sep 2021

Weekly Vessel Scrapping Report: 2021 Week 36

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 2 – September 8, 2021.

9 Sep 2021

Golden Ocean Takes on 'Duel-Fuel-Ready' Bulkers

The company has ordered three 85,000 DWT Kamsarmax bulk carriers capable of being converted at a later date to run on unspecified alternative bunker fuels.

9 Sep 2021

Bunker Supplier Peninsula Appoints LNG and Alternative Fuels Originator

Peninsula announced plans to launch an LNG bunkering business earlier this year.

9 Sep 2021

Norden, MAN Energy Solutions Among Partners in New Low CO2 Synthetic Fuel Project

Bunkers will be produced from waste materials.

9 Sep 2021

Andreas Chrysostomou Joins Scrubber Advocate Group CSA

Chrysostomou is well know within the industry whose previous appointments include Chairman of IMO's Marine Environment Protection Committee (MEPC).

8 Sep 2021

Oil Up On Slow Post-Ida Recovery, As Libya Faces Supply Outage

Meanwhile, analysts anticipate another round of U.S. stock draws.

8 Sep 2021

Heineken Inland Beer Shipments to Be Carried on Battery Ship

Engineering company Wärtsilä has developed a containerised battery power system for inland vessels.

8 Sep 2021

Freight Analytics Firm Xeneta Hires BIMCO's Peter Sand

Sand has worked for BIMCO since May 2009, and has served as its chief shipping analyst since 2011.

8 Sep 2021

BUNKER JOBS: Maersk Seeks Decarbonisation Business Development Manager

The firm is looking for candidates who have been involved in developing large industrial projects with a high level of complexity.

8 Sep 2021

Maersk Invests in Bio-Methanol Start-Up

The investment will help California-based WasteFuel to develop biorefineries in Asia and the Americas.

8 Sep 2021