World News

Weekly Vessel Scrapping Report: 2021 Week 4

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 21 – January 27, 2021.

28 Jan 2021

S&P Ratings Agency Marks Down Big Oil

Given 'negative' outlook on climate change and price volatility risks.

28 Jan 2021

Eastern Pacific Shipping Reports 6.4% Drop in Emissions Per Transport Work in 2020

The firm's emissions have dropped by 13.7% since 2015.

28 Jan 2021

Amazon Climate Fund Invests in Zero-Carbon Fuel Producer

The fund -- set up in June 2020 with $2 billion -- has invested in renewable fuel producer Infinium.

27 Jan 2021

Oldendorff Plans to Use Wind Power on Dry Bulk Carrier

The project will fit vertical rotors to one of the company's Newcastlemax bulk carriers.

27 Jan 2021

Ferry Operator Tallink Sees 7% Fuel Savings From Voyage Optimisation Tool

The system provides route planning and optimisation, automatic weather forecasts and fuel-efficiency monitoring.

27 Jan 2021

Oil Prices Mixed, But IMF Predicts Vaccine-Fuelled Demand Growth Recovery

Meanwhile, no more Trump is proving good for Iran exports.

26 Jan 2021

INTERVIEW: Total Rides Out Short-Term Volumes Hit in Shift to Cleaner Marine Fuels

The drop in global HSFO volumes hurt Total in 2020, but over the longer term the company is in a good position to become the world's leading alternative bunker supplier.

26 Jan 2021

FOBAS Reports VLSFO TSP Problems in Europe and America

Using the fuels may result in sludging and engine damage.

26 Jan 2021

Brokerage LQM Launches New Version of Alternative Fuels Database

The database provides LQM's subscribers with free monthly data on current and planned availability of alternative bunker fuels at supply locations around the world.

26 Jan 2021

S&B ANALYSIS: The Widening HSFO / VLSFO Spread and Potential for a Second Wave of Scrubber Uptake

Ship & Bunker looks at the high/low sulfur spread in 2020, outlook for the spread in the years ahead and other factors impacting the landscape for scrubber uptake.

26 Jan 2021

Oil Ekes Out Gains Under Covid Cloud And Biden Optimism

Meanwhile, OPEC contributes to the perception of tightening supply.

25 Jan 2021

Silverstream Wins Second Carnival Corp Order for Fuel-Saving Air Lubrication System

The systems have shown consistent bunker savings of around 5%.

25 Jan 2021

Norsepower Sees Fuel Savings as High as 25% for Rotor Sail Installed on Sea-Cargo Ship

In good wind conditions the ship may be able to operate at normal speeds using just the sails.

25 Jan 2021

Indonesia Seizes Two VLCCs Over Alleged Illegal Fuel Transfer

The ships will now be escorted to Batam for further investigation.

25 Jan 2021

Weekly Vessel Scrapping Report: 2021 Week 3

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 14 – January 20 2021.

22 Jan 2021

Oil Dips on China Covid Woes, But Goldman Still Bullish On Market Prospects

Meanwhile, Keystone cancellation won't harm oil imports from Canada, say experts.

22 Jan 2021

Further Delays to Cruise-Industry Restart

The cruise industry is responsible for about 4% of global bunker demand.

22 Jan 2021

Media Coverage of Alternative Bunkers Jumped in 2020

The decarbonisation agenda was probably second only to the COVID-19 pandemic in topics of conversation for the shipping and bunker industries in 2020.

22 Jan 2021

Oil Mixed On Unexpected Inventory Rise, As Impact Of Biden Presidency Is Considered

Meanwhile, India is hoping for more Iranian, Venezuelan oil imports.

21 Jan 2021