World News

UECC to Receive LNG/Battery Hybrid Ships From Later This Year

The first was launched at the yard in China last month and is due for delivery later this year, while the second and third of the ships will be delivered in the first half of 2022.

20 May 2021

Oil Plummets 3% On U.S. Interest Rate Fears, Ongoing Covid Rates In Asia

But evidence suggests it's business as usual for many Asian nations.

19 May 2021

Global Risk Management to Work With Bunker Holding on Alternative Fuel Strategy

The company announced the plan as part of its new strategy for the next five years in an emailed statement on Wednesday.

19 May 2021

MOL to Rejoin Ammonia Transport Business

The company has chartered the 35,000 m3 ammonia/LPG carrier the Green Pioneer and signed a deal with ammonia trading firm Trammo.

19 May 2021

Frontline Buys Six Scrubber-Fitted VLCCs

The first five ships are due for delivery in 2022, starting from the first quarter, and the last one in the first quarter of 2023.

19 May 2021

Ardmore to Expand Use of FuelOpt System After Successful Trial

Ardmore had tried out the system on board its MR tanker the Ardmore Sealion last year.

19 May 2021

Oil Dips On Iran Fears But Brent Breaks $70 On Demand Recovery

Analysts doubt that relations with Iran will be repaired anytime soon.

18 May 2021

X-Press Feeders Backs Nuclear Power for Shipping

X-Press Feeders has made an investment in UK-based Core Power, which is developing a modular molten salt reactor.

18 May 2021

IEA Sees Hydrogen and Ammonia Taking up 63% of Bunker Demand by 2050

The Paris-based agency has released what it calls a roadmap for how to reach global net-zero emissions by 2050.

18 May 2021

Oil Gains on Global Demand Recovery, But India, Asia, Still Sources Of Concern

Meanwhile, jet travel in the U.S. surges as Covid restrictions are relaxed.

17 May 2021

Eco Marine Power Signs Deal to Develop Solar Cells for Shipping

The two firms are cooperating to develop what they call Ship Integrated Photovoltaic Systems.

17 May 2021

Additive Firm Sees Excessive Storage Times Behind VLSFO Stability Issues

Newport recommends two of its additive products as a solution to this problem: NP-HFO and NP-FOT.

17 May 2021

Hybrid LNG-Wind Container Ship Wins Bureau Veritas AiP

The Trade Wings 2,500 design has six Oceanwings sails and an LNG power plant.

17 May 2021

Swiss Firm Eyes Marine Tech Opportunity

Switzerland's Daphne Technology is to use crowdfunding to get its products closer to market.

17 May 2021

Peninsula Moves on From Petroleum in Rebranding Exercise

As Ship & Bunker first reported in February, the company will now operate under the name 'Peninsula'.

17 May 2021

Oil Prices Rise as Colonial Debacle Ends And U.S. Markets Receive Deliveries

Meanwhile, India reports the beginning of Covid infection declines.

14 May 2021

Bunker Supplier Sekavin Hires Trader From Cockett

Sekavin was founded in 1979 and focuses on bunker and lubricant supply at Piraeus, Agioi Theodoroi and Syros.

14 May 2021

Majority of VLCCs Will Have Scrubbers by 2025: Alphatanker

The current forward curve for bunker prices in Singapore suggests the VLSFO-HSFO spread there will average $123/mt over the next 12 months.

14 May 2021

Tanker Company TORM Sees LNG as 'Interim Measure Only'

TORM's fleet will consist of 85 ships by the first quarter of next year.

14 May 2021

Norsepower Installs Five Tilting Rotor Sails on Vale Bulker

The sails are likely to save the vessel up to 8% of its fuel consumption.

14 May 2021