World News

Oil Prices Reach Two Year Highs As Demand Rebound Exceeds Expectations

Increasingly, analysts believe production upswings can be easily absorbed.

1 Jun 2021

Swire Shipping Backs Carbon Tax, Sets 2050 Net Zero Target

The company supports the Marshall Islands IMO proposal -- to be discussed at the Marine Environment Protection Committee later this month -- to impose a global greenhouse gas emission levy on the shipping industry.

1 Jun 2021

Singapore-Based Sing Fuels Moves COO to Dubai for UAE Expansion

The firm plans to expand its UAE team in the coming months.

1 Jun 2021

Oil Poised For Second Monthly Gain As Demand Optimism Outstrips Iran Worries

Meanwhile, Iran brags that its output can easily reach 6.5 million bpd.

31 May 2021

Mia Østergaard Nielsen Joins Bunker Holding Parent Firm USTC

Østergaard Nielsen will become USTC's head of corporate governance as of September 1.

31 May 2021

Biofuel Initiative GoodShipping Hires Commercial Manager

The new hire started work this month.

31 May 2021

BUNKER JOBS: Bunker Holding Seeks Financial Planner and Analyst

The company is looking for candidates with two to five years of experience in analytical positions within finance, business controlling or equivalent areas.

31 May 2021

VPS Acquires Decarbonisation Data Firm Yxney Maritime

Yxney's Maress software helped the firm's customers reduce carbon dioxide by a collective 60,000 mt in 2020.

31 May 2021

Eco Marine Power Hybrid System Wins ClassNK Approval

ClassNK has awarded approval in principle to EMP's Aquarius Marine Renewable Energy with EnergySail system.

31 May 2021

Oil On Track For Weekly Gain As Iran Concerns Sidelined By Demand Optimism

But oil's long term future is severely compromised by green wins, say experts.

28 May 2021

KPI OceanConnect Sees Global Bunker Demand Gain 3-5% This Year

The firm expects to see demand 3-5% higher overall this year than in 2020.

28 May 2021

Suez Authorities Blame High Speed and Rudder Design for Ever Given Grounding

The Suez Canal Authority believes the Ever Given was travelling at too high a speed when it became grounded.

28 May 2021

Maersk Supply Vessel Takes on Battery Power System

Engineering company Wärtsilä will supply one of its containerised hybrid battery power and energy storage systems to the deep water anchor handling tug supply vessel Maersk Minder.

28 May 2021

Mercuria Joins Maritime Emissions Data Transparency Project

Mercuria will share the emissions data of its fleet with the C4IR Oceans project Ocean Data Platform.

28 May 2021

BUNKER JOBS: Sing Fuels Seeks Trader in Singapore or Dubai

The company is looking for candidates with previous experience with an international bunker trader or physical supplier, and with a degree or equivalent in shipping.

28 May 2021

Weekly Vessel Scrapping Report: 2021 Week 21

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 20 – May 26, 2021.

27 May 2021

Shipping Firms Back WEF Call for 2050 Shipping Net Zero Emissions Target

Big shipping names make call via World Economic Forum platform.

27 May 2021

Kanfer Shipping Orders Two LNG Bunker Barges

The 6,000 m3 LNG distribution and bunkering vessels will be built in China by Taizhou Wuzhou Shipbuilding Industry Co.

27 May 2021

More Modest Gains For Oil As Analysts Tentatively Embrace Demand Resurgence

Russia now sees oil in deficit globally.

26 May 2021

INTERVIEW: Vitol Sets Out Plans for New Global Bunker Business

Global account manager Chris Young talks growth plans, green bukering, Cockett role

26 May 2021