World News

Maersk Seeks to Develop Green Ammonia Production in Denmark

The Copenhagen Infrastructure Partners project is seeking to build a 1 GW carbon-neutral ammonia plant in Esbjerg.

23 Feb 2021

Maersk Tankers, Cargill Bring Greater Bunker Buying Power to MR Pool

New joint-venture to service combined fleet aiming to open out to other players.

23 Feb 2021

FEATURE: Foreship Ready for Scrubber Clean Up

Expectations are high that exhaust gas scrubber technology demand will soon be resurgent. But what lessons have been learned from installations and which type will dominate?

23 Feb 2021

Oil Gains 4% on Texas Aftermath, Continued Drop In Covid Numbers

Experts think more gains are likely as the Texas fallout is evaluated.

22 Feb 2021

Israel Reports Suspected Oil Spill

The country's government has now been forced to close all of its Mediterranean beaches to the public.

22 Feb 2021

Maersk CEO Sees Zero-Carbon Fuels Doubling Company's Bunker Bill

The firm spent $3.835 billion on its bunker consumption last year.

22 Feb 2021

INTERVIEW: Maersk Decarbonisation Guru Sets Out Path to Zero Carbon

Maersk's head of decarbonisation sets out how the company will approach renewing its fleet in the coming years as it shifts to using zero-carbon fuels.

22 Feb 2021

Scrubber Bunker Price Spreads Widen Further

Rising crude prices and pressure on middle distillates from the cold snap in the US are delivering greater profits for scrubber-equipped tonnage.

19 Feb 2021

New Hires in Asia, Europe and US for KPI OceanConnect

"Having the best team is a continuous objective of any successful organisation, and accordingly we are actively engaged in dialogues with several potential new hires."

19 Feb 2021

Platts Reminds Fuel Oil Buyers Not to Expect GCMS Testing as Standard

GCMS is an advanced and more expensive testing technique that has been used more widely in the bunker industry since the global contamination problems of 2018.

19 Feb 2021

GP Global APAC Seeks Six-Month Debt Moratorium

GP Global APAC has missed loan payments in recent months, according to Reuters.

19 Feb 2021

Oil Prices Decline, But Spot Prices Are Catching Up To Futures

Meanwhile, analyst views Texas freeze as beneficial to meeting the five-year average.

18 Feb 2021

Weekly Vessel Scrapping Report: 2021 Week 7

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 5 – February 17 2021.

18 Feb 2021

BLUE's Adrian Tolson Backs Crude-Price Link to Bunker Quality Problems

"I see price in terms of both direction of movement and overall level for both marine fuel and crude oil as important in patterns of quality claims in bunkers."

18 Feb 2021

Bunker Fuel Spill Off Pacific Solomon Islands

Heavy fuel oil reported to have leaked from ship in southwestern Temotu province.

18 Feb 2021

Wallenius Wilhelmsen Plans Wind-Powered Vehicle Carrier

The company plans to have a design ready for its concept, the Orcelle Wind, to work with a shipyard by mid-2022.

18 Feb 2021

S&B ANALYSIS: Maersk Gives Boost to Nascent Methanol Bunker Industry

Methanol bunkering is still in its infancy as an industry.

17 Feb 2021

Bunker Margins, Not Outright Prices, Are Key to Fuel Quality Problems: NSI

"It is clear if you cannot sell as bunkers at a significant premium over cargo then one of three things has to happen: the actual quantity delivered has to drop, short-cuts are taken with blending or companies go bust."

17 Feb 2021

All Future Maersk Newbuildings Will Be Able to Run on Zero-Carbon Fuels

Maersk will operate a feeder vessel running on synthetic or bio-methanol by 2023.

17 Feb 2021

The Big Chill Boosts Oil Prices, But Analyst Says $60 Is Enough Growth For Now

Meanwhile, insiders think OPEC will soon ease its output curbs.

16 Feb 2021