World News

Shell Calls for Co-operation on New Fuels Research

New report highlights need for "much larger pool of capital and expertise to evolve new technologies"

8 Jul 2020

Price Discovery, or Modelling?

NSI's Paul Hardy looks at some of the main problems associated with price modelling.

7 Jul 2020

Autonmous Vessel Pitched for Offshore Wind Farms

A group of marine tech companies are behind project.

7 Jul 2020

Taiwan's Yang Ming Transport Meets IMO 2030 Target a Decade Early

Yang Ming's carbon dioxide emissions per TEU-kilometre were 51% lower last year than in 2008.

7 Jul 2020

Oil Steady as Covid Spectre Tests Resiliency of Traders

Traders' fears of more lockdowns clash with signs of full recovery regardless.

6 Jul 2020

BLUE Insight Publishes Research on 'Tall Order' of Decarbonising Shipping

BLUE Insight's 'Low Carbon Shipping Fuels & Energy Guide 2020' will be released next week.

6 Jul 2020

VesselsValue Reports Sharp Drop in LR3 Tanker Speeds

VesselsValue also reports an increase in speed for ULCV boxships and a small slowdown for Handymax bulkers.

6 Jul 2020

Tanker Company Ardmore Declines Offer to Merge With Hafnia

The combined company would have had a controlled fleet of 210 ships.

6 Jul 2020

International Coalition of Companies Formed to Decarbonise Transport and Logistics

Some of the group's first projects will include developing the use of hydrogen, biofuels and biogas and synthetic gas in transport.

6 Jul 2020

Integr8 Fuels Launches Bunker Procurement App

The app features live bunker prices, news and research and allows buyers to submit enquiries and receive firm quotes in minutes.

3 Jul 2020

Wärtsilä Suggests Ammonia Can Be Used as Bunker Fuel in Existing Engines

Ammonia could be blended with LNG or diesel to improve its ignition properties and allow it to be used in the current fleet with small engine modifications.

3 Jul 2020

Weekly Vessel Scrapping Report: 2020 Week 26

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 25 – July 1, 2020.

2 Jul 2020

Huge Job Gains Boost Oil Prices As Goldman Sees Full Recovery in 2022

But fears of a return to Covid lockdowns still persist.

2 Jul 2020

Storage Space Concerns May Limit Hydrogen's Use in Shipping

One of the main disadvantages of hydrogen is its storage space requirements -- as much as three times that needed for marine gasoil.

2 Jul 2020

Oil Gains On Larger Than Expected Drawdowns And Global Signs Of Economic Revival

Saudi Arabia is especially bullish on a restoration of the energy sector.

1 Jul 2020

Charterparty Clause Covers Crew Change Ship Deviations

As crew changes may not be possible along nominated route.

1 Jul 2020

DFDS Adjusts to 'New Normal' With Job Cuts

But commitment to scrubbers remains untouched.

1 Jul 2020

Crude Achieves Monthly Gains Despite Coronavirus Headlines At A Fever Pitch

However, analysts still worry that virus restrictions may affect demand recovery.

30 Jun 2020

Oil Climbs Again As Traders Wrestle With Ongoing Virus Fears

All eyes are on to what degree governments will reimpose restrictions amid infection spikes.

29 Jun 2020

Bunker Holding Sees Near Doubling of Earnings Before Tax in Record Year

The firm's pre-tax profit jumped to $155.2 million in the year to April 30 from $77.3 million a year earlier.

29 Jun 2020