World News

Yara Marine Joins International Windship Association

The move follows Yara's partnership with BAR Technologies.

9 Jun 2021

Oil Up 1% On Assertion That Iran Won't Re-enter Global Crude Market Anytime Soon

Meanwhile, demand recovery continues throughout the U.S., Europe, and Asia.

8 Jun 2021

Glander Sees 18.7% Volume Gain and 32.2% Profit Drop in Year to April 30

The drop in profits can at least partly be explained by the abnormally high bunker margins seen during the IMO 2020 transition.

8 Jun 2021

First of 40 Gas-Powered Inland Waterway Barges Launches in Serbia

The 40 barges, to be known as the Parsifal Tankers, will be chartered by Shell and operated by VT Group.

8 Jun 2021

CMA CGM Sees 7.9% Drop in Q1 Bunker Bill as Carried Volumes Rise

Global average bunker prices slipped by 4.6% in the first quarter from a year earlier, according to Ship & Bunker's G20 Index of prices at 20 leading bunker ports.

7 Jun 2021

Yara International to Supply Ammonia Bunkers to Trafigura

Under the memorandum of understanding Yara will supply ammonia to Trafigura Group companies, but the company has not commented on whether TFG Marine will be involved.

7 Jun 2021

Bound4Blue Hails First eSail Installation on Fishing Vessel

The company carried out the installation on the fishing vessel Balueiro Segundo in conjunction with technology firm Kyma and fishing organisation ORPAGU.

7 Jun 2021

Newport Shipping to Offer LNG Retrofit Service

DNV has awarded its approval in principle to Newport's LNG retrofit fuel tank system for VLCCs and Capesize bulkers.

4 Jun 2021

Peninsula to Operate Gibraltar Strait LNG Bunker Barge With Scale Gas

The vessel will have 12,500 m3 of LNG capacity and will be built at the Hyundai Mipo Shipyard for delivery in June 2023.

4 Jun 2021

MSC Backs Decarbonisation Research Bunker Levy and Carbon Taxes

"Scalable long-term solutions simply do not currently exist for us to deploy on our ships."

4 Jun 2021

Ardmore Shipping's Mark Cameron to Advise Hydrogen Fuel Cell Firm

Cameron has been acting as advisor to the firm since May.

4 Jun 2021

Maersk Develops Emissions Transparency Tool for Shippers

Maersk's new Emissions Dashboard will give its customers carbon footprint measurements for their entire supply chain, including details on parts of the journey carried out by truck, train, plane and ship.

4 Jun 2021

Oil Prices Decline On Blip In U.S. Gasoline Demand, But Commodity Is "Still Solid"

Meanwhile, overheated market may be overestimated, says Saudi minister.

3 Jun 2021

Weekly Vessel Scrapping Report: 2021 Week 22

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 27 – June 2, 2021.

3 Jun 2021

Maersk Proposes $450/MT Carbon Tax for Bunker Fuel

The suggestion is for a levy of $150 per tonne of carbon dioxide emitted, which would amount to a $450/mt addition to conventional bunker prices.

3 Jun 2021

NYK Line Takes Delivery of Gas-Powered LNG Carrier

The company took delivery of the LNG carrier Diamond Gas Crystal on May 31.

3 Jun 2021

IBIA: Getting to work on Future Fuels

IBIA board member and Starbulk bunker director Constantinos Capetanakis sets out the aims of the organisation's new working group on mapping out the bunker industry's way toward GHG reductions.

2 Jun 2021

US, Denmark and Norway Join Forces on Zero-Emissions Shipping Project

The project will aim for at least 5% of global bunker demand being taken up by ships capable of running on hydrogen-based zero-emission fuels by 2030.

2 Jun 2021

Termoil Hires Bunker Trader in Cyprus

The new hire joined the firm on Tuesday.

2 Jun 2021

Alfa Laval Completes StormGeo Acquisition

StormGeo estimates it has helped reduce its customers' fuel consumption by a total of 2.1 million mt since 2018.

2 Jun 2021