World News

Shipping Firm MOL Joins Crane Sail Research Project
Shipping Firm MOL Joins Crane Sail Research Project
The firm, together with Oshima Shipbuilding Co and Iknow Machinery Co have agreed jointly to work on research and development of the technology.
27 Jul 2021
BP Joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
BP Joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
BP's target for its own operations is net zero carbon emissions by 2050.
27 Jul 2021
Trafigura Launches Ammonia Bunkers Study
Trafigura Launches Ammonia Bunkers Study
The company has signed a memorandum of understanding with German green technology company Hy2gen to collaborate on a study looking into issues around large-scale commercial adoption of ammonia as a bunker fuel.
26 Jul 2021
Unitrove to Showcase Liquid Hydrogen Bunkering Technology at COP26
Unitrove to Showcase Liquid Hydrogen Bunkering Technology at COP26
The UN COP26 event is being hosted in Glasgow in November.
26 Jul 2021
MSC Seeks to Build World's First Oceangoing Hydrogen-Fuelled Cruise Ship
MSC Seeks to Build World's First Oceangoing Hydrogen-Fuelled Cruise Ship
The firm has signed a memorandum of understanding with shipbuilder Fincantieri and energy infrastructure company Snam to carry out a feasibility study for the project.
26 Jul 2021
KPI OceanConnect Sets Up Alternative Fuels and Special Projects Division
KPI OceanConnect Sets Up Alternative Fuels and Special Projects Division
Bill Wakeling has been appointed as manager of the new division.
26 Jul 2021
Oil Achieves Weekly Gain as Investors Show Faith in Demand Recovery
Oil Achieves Weekly Gain as Investors Show Faith in Demand Recovery
Meanwhile, India invests heavily in the future of the commodity.
23 Jul 2021
MSC Cruises 2020 Bunker Consumption Was 43% of Expected Level
MSC Cruises 2020 Bunker Consumption Was 43% of Expected Level
The firm used 290,596 mt of bunkers in 2020, compared with a pre-2020 projection of 679,514 mt.
23 Jul 2021
Berge Bulk Tries Out Supplemental Solar Power
Berge Bulk Tries Out Supplemental Solar Power
The company has set up a solar power system generating about 100 kWh of electrical power feeding into the main electrical grid of the Berge K2, supplementing the energy generated by the ship's diesel alternators.
23 Jul 2021
Weekly Vessel Scrapping Report: 2021 Week 29
Weekly Vessel Scrapping Report: 2021 Week 29
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 15 – July 21, 2021.
22 Jul 2021
Third MSC Cruises Ship Takes on Scrubber
Third MSC Cruises Ship Takes on Scrubber
The company recently completed the installation on the cruise ship MSC Musica at Brindisi.
22 Jul 2021
Nereus Digital Bunkers Launches New Bunker Procurement Platform
Nereus Digital Bunkers Launches New Bunker Procurement Platform
The NEREUS platform allows users to buy their bunker fuel through it, as well as including oil-price forecasting and post-fixture process management systems.
22 Jul 2021
Brittany Ferries to Take on Two Hybrid LNG/Battery-Powered Ships
Brittany Ferries to Take on Two Hybrid LNG/Battery-Powered Ships
The company has chartered the two ferries from Stena RoRo on a ten-year agreement, with a purchase option after four years.
22 Jul 2021
Crude Prices Surge As Investor Appetite For Risk Rekindles
Crude Prices Surge As Investor Appetite For Risk Rekindles
Analysts reiterate their view that demand is "red hot."
21 Jul 2021
Bunker Supplier Trefoil Trading Launches Carbon Offset Service
Bunker Supplier Trefoil Trading Launches Carbon Offset Service
Trefoil's bunkering customers will be able to buy carbon offsets to cover the well-to-wake emissions from their fuel choice.
21 Jul 2021
FEATURE: Hafnia Sees Rising Interest in Bunker Buying Alliances
FEATURE: Hafnia Sees Rising Interest in Bunker Buying Alliances
"I think we have finally reached a stage where Owners have realized they are not competing on bunker purchasing as such," Hafnia's Head of Bunkers, Peter Grunwaldt, tells Ship & Bunker
21 Jul 2021
IBIA: IMO Fails to Improve Clarity of 0.50% Sulfur Limit Enforcement
IBIA: IMO Fails to Improve Clarity of 0.50% Sulfur Limit Enforcement
IBIA Director Unni Einemo sets out recent developments at the IMO on how the 0.50% sulfur limit is enforced.
20 Jul 2021
Methanol Institute Adds Two More Shipping Company Members
Methanol Institute Adds Two More Shipping Company Members
MSC Group and Oldendorff Carriers have joined the Methanol Institute.
20 Jul 2021
Seawing Kite System Chosen for LNG-Fuelled K Line Bulker
Seawing Kite System Chosen for LNG-Fuelled K Line Bulker
The 210,000 DWT Capesize bulker will be built by Nihon Shipyard Co and is due for delivery in the first half of 2024.
20 Jul 2021
Oil Plummets on OPEC Agreement And Covid Fears, But Analysts Maintain Positive Outlook
Oil Plummets on OPEC Agreement And Covid Fears, But Analysts Maintain Positive Outlook
CITI sees oil hitting $85 due to pent up leisure demand.
19 Jul 2021