World News

INTERVIEW: Bunker One CEO Bullish on Prospects for Year Ahead

Bunker One CEO Peter Zachariassen discusses his expectations for the company this year, its supply expansion in the US and plans for biofuel sales in Europe.

12 Jul 2021

Don't Blame Us for Container Market Chaos: World Shipping Council

"We urge everyone to make decisions based on the real facts about the situation before we create long-term negative results."

9 Jul 2021

GTT Wins Approval for New LNG Bunker Barge Design

GTT and its partner, Hudong Zhonghua Shipbuilding Group, won approval in principle from classification societies CCS and DNV for the design.

9 Jul 2021

Alfa Laval Invests in Bunker Saving Air Lubrication Tech

Takes minority stake in Marine Performance Systems B.V..

8 Jul 2021

Weekly Vessel Scrapping Report: 2021 Week 27

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 1 – July 7, 2021.

8 Jul 2021

Oil Sheds OPEC-Induced Losses On Massive U.S. Stockpile Drawdown

Meanwhile, one analyst thinks the cartel's internal squabbling will soon cease.

8 Jul 2021

IBIA: New IMO Submission Calls for Clarity on Enforcement of 0.50% Sulfur Limit

IBIA Director Unni Einemo discusses the bunker industry body's ongoing work at the IMO to clarify the rules on the global sulfur limit.

8 Jul 2021

Hapag-Lloyd Buys Container Line NileDutch

NileDutch has a fleet with a capacity of about 80,000 TEU.

8 Jul 2021

Maersk 'Very Confident' on Securing Green Methanol Supply by 2023

The company is already in discussions with suppliers.

8 Jul 2021

CMA CGM Now Has Nine Giant LNG-Fuelled Boxships

The arrival of the ship will further cement CMA CGM's position as the largest buyer of LNG bunkers in the world, and that of TotalEnergies -- the company's main supplier -- as the biggest seller.

8 Jul 2021

New President at Scrubber Manufacturer CR Ocean Engineering

Dominique Philibert, previously technology director since 2013, took over as president and COO as of July 1.

8 Jul 2021

Oil Plunges Again Despite Unlikelihood Of Calamity Following Stalled OPEC Talks

Oil may be supported in the near-term by another substantial U.S. stock draw.

7 Jul 2021

IEA Sees LNG Bunker Demand Triple in Four Years

The report suggests LNG bunker demand could reach almost 7 bcm by 2024, triple the level seen in 2020.

7 Jul 2021

Container Line ZIM Charters Ten New LNG-Fuelled Boxships

The company has agreed to take on the 7,000 TEU dual-fuelled ships from Seaspan Corporation.

7 Jul 2021

Oil Prices Plummet On New Fears The OPEC Stalemate Could Cause Soaring Output

Analyst argue about what's in store for the market.

6 Jul 2021

Euronav Seeks 'Increasing Degree of Readiness' for Ammonia Bunkers

The company plans to add three Suezmaxes to its fleet with the possibility of being run on ammonia after retrofit.

6 Jul 2021

KPI OceanConnect Confirms Plans for Carbon Offset Service

The company's first carbon offset deal was with "a respected seismic research vessel owner and long-term client," KPI OceanConnect said.

6 Jul 2021

Yara Marine Technologies Acquires Fuel Efficiency Firm Lean Marine

The company will continue to offer its products and services as part of Yara Marine's maritime green technologies portfolio.

6 Jul 2021

Oil Prices Surge On Cancelled OPEC Talks

Output increases are feared, but global economic recovery continues unabated.

5 Jul 2021

BunkerMetric Launches Free Version of BunkerPlanner Procurement System

BunkerPlanner Lite will allow shipowners and operators to try out the system to see its advantages.

5 Jul 2021