World News

Euronav Wants New VLCCs to Have Scrubbers and Be LNG- and Ammonia-Ready
Euronav Wants New VLCCs to Have Scrubbers and Be LNG- and Ammonia-Ready
The ships are due for delivery in the fourth quarter of 2022 and the first quarter of 2023, cost $186 million and will be fitted with scrubbers and ballast water treatment systems.
23 Apr 2021
SMW 2021: Norsepower to Work With Keppel Offshore Unit on Rotor Sail Retrofits
SMW 2021: Norsepower to Work With Keppel Offshore Unit on Rotor Sail Retrofits
Offshore Technology Development will assist Norsepower with surveys, design work and the installation of its rotor sails.
23 Apr 2021
Strong Demand Signs Boost Oil Prices Despite India's Covid Woes
Strong Demand Signs Boost Oil Prices Despite India's Covid Woes
From the EU to the U.S., a strong summer demand rebound is highly anticipated.
22 Apr 2021
Weekly Vessel Scrapping Report: 2021 Week 16
Weekly Vessel Scrapping Report: 2021 Week 16
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 15 – April 21, 2021.
22 Apr 2021
GAC Bunker Fuels Sets Goal of Zero Conventional Oil-Based Bunker Sales by 2030
GAC Bunker Fuels Sets Goal of Zero Conventional Oil-Based Bunker Sales by 2030
"Our aim is to transit progressively into alternative fuels such as LNG, methanol, ammonia and biofuel," global director Nick Browne told Ship & Bunker.
22 Apr 2021
SMW 2021: Shell Defends LNG Bunkering After World Bank Criticism
SMW 2021: Shell Defends LNG Bunkering After World Bank Criticism
"We believe LNG must be part of the solution to ensure that the new build investments the sector makes today, which will be the legacy fleet for the coming decades, have as low emissions as possible."
22 Apr 2021
Maersk Oil Trading Hires Head of Renewable Fuels
Maersk Oil Trading Hires Head of Renewable Fuels
The new hire will start work in August.
22 Apr 2021
TECO 2030 Adds Hybrid and Closed-Loop Versions of 'Future Funnel' Scrubber
TECO 2030 Adds Hybrid and Closed-Loop Versions of 'Future Funnel' Scrubber
The addition of hybrid and closed-loop models will assist owners working in areas where. open-loop models cannot be used
22 Apr 2021
Demand Recovery Indicators Prove No Match For Covid Fears As Oil Prices Drop 2%
Demand Recovery Indicators Prove No Match For Covid Fears As Oil Prices Drop 2%
Meanwhile, China air travel skyrockets a massive 145 percent.
21 Apr 2021
Glander to 'Focus On New Fuels' After Reaching 60th Anniversary
Glander to 'Focus On New Fuels' After Reaching 60th Anniversary
"The next step in our growth strategy is to focus on new fuels and geographies while amplifying our efforts as a resilient, innovative and strong partner for our clients and suppliers."
21 Apr 2021
MAN Energy Solutions Suggests Fossil Fuel Bunker Ban in 2030s
MAN Energy Solutions Suggests Fossil Fuel Bunker Ban in 2030s
MAN has published a new study examining the paths the shipping industry might take in the coming decades as it seeks to address its carbon emissions.
21 Apr 2021
Shipping Industry Groups Call For Acceleration of IMO Market-Based-Measure Discussions
Shipping Industry Groups Call For Acceleration of IMO Market-Based-Measure Discussions
BIMCO, CLIA, the International Chamber of Shipping, the World Shipping Council and others made the call in a joint statement on Wednesday.
21 Apr 2021
Knud E Hansen Reveals New LNG Bunker Vessel Design
Knud E Hansen Reveals New LNG Bunker Vessel Design
The company's X-Gas Project has developed a range of designs of medium-size bunker tankers.
21 Apr 2021
Covid Concerns Dampen Oil Trading, But Demand Recovery Robust In Many Countries
Covid Concerns Dampen Oil Trading, But Demand Recovery Robust In Many Countries
Meanwhile, OPEC reports high compliance rates for its cutbacks.
20 Apr 2021
Stena Bulk to Use Offsets to Meet Decarbonisation Targets
Stena Bulk to Use Offsets to Meet Decarbonisation Targets
The company is seeking to become carbon-neutral by 2040.
20 Apr 2021
Sea-LNG Takes Aim at World Bank Over Gas-Powered Shipping Criticism
Sea-LNG Takes Aim at World Bank Over Gas-Powered Shipping Criticism
"By focusing on theoretical, unproven solutions, the World Bank stifles innovation in technologies that can also provide answers in the decades ahead."
20 Apr 2021
Standard Chartered Joins Poseidon Principles Initiative
Standard Chartered Joins Poseidon Principles Initiative
Bringing total signatories to 26.
20 Apr 2021
Oil Gains Capped By Demand Concerns As India Imposes Covid Lockdowns
Oil Gains Capped By Demand Concerns As India Imposes Covid Lockdowns
Meanwhile, the IEA reports that the global oil surplus has almost disappeared.
19 Apr 2021
INTERVIEW: Monjasa Sees Further Volumes Growth in 2021 After Record 2020
INTERVIEW: Monjasa Sees Further Volumes Growth in 2021 After Record 2020
COO Svend Mølholt expects a further boost to its volumes 2021, but warns of sliding profits as margins come under pressure.
19 Apr 2021
BUNKER JOBS: Maersk Oil Trading Seeks Business Development Manager
BUNKER JOBS: Maersk Oil Trading Seeks Business Development Manager
The company is looking for experienced candidates with a master's degree in business, economics, engineering or similar and preferably a background in business development.
19 Apr 2021