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Electrification of Ships Building Momentum: Rolls-Royce
Electrification of Ships Building Momentum: Rolls-Royce
Company launches new marine battery system.
17 Aug 2018
YARA Orders World's First Autonomous and Electric Container Vessel
YARA Orders World's First Autonomous and Electric Container Vessel
To launch in 2020, the vessel will gradually move from manned operation to fully autonomous operation by 2022.
17 Aug 2018
Weekly Vessel Scrapping Report: 2018 Week 33
Weekly Vessel Scrapping Report: 2018 Week 33
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 9 – August 15, 2018.
16 Aug 2018
IMO2020: TORM to Install Scrubbers on 14 Vessels
IMO2020: TORM to Install Scrubbers on 14 Vessels
The programme includes all vessels currently on order and the three LR2 vessels that were delivered earlier in 2018.
16 Aug 2018
Aegean Completes $1bn Mercuria Finance Deal
Aegean Completes $1bn Mercuria Finance Deal
Aegean Chairman Donald Moore calls it a "transformative transaction."
16 Aug 2018
Bad Bunkers: Damage From Contaminated Fuel in Pictures
Bad Bunkers: Damage From Contaminated Fuel in Pictures
Reports of "bad bunkers" have been one of the main talking points of the summer.
15 Aug 2018
How Do Major Spills Still Happen With Double Hull Tankers?
How Do Major Spills Still Happen With Double Hull Tankers?
Bow Jubail spill highlights bunkers are the achilles heel of double-hull tankers.
15 Aug 2018
IMO2020: NORDEN Makes $54 million Commitment to Scrubbers
IMO2020: NORDEN Makes $54 million Commitment to Scrubbers
Sees an estimated financial return of approximately 25% within 5 years.
15 Aug 2018
IMO2020: Drewry Sees LSFO Premium at $87 in 2023, Falling From $300 in 2020
IMO2020: Drewry Sees LSFO Premium at $87 in 2023, Falling From $300 in 2020
Quickly narrowing spread has implications for those considering scrubbers.
14 Aug 2018
Crude Prices Soft as Uncertainty Rules: Analysts See $50/bbl Just as Likely as $100/bll
Crude Prices Soft as Uncertainty Rules: Analysts See $50/bbl Just as Likely as $100/bll
Even news from minor players like Turkey are spooking traders.
13 Aug 2018
Saudi Output Cuts and Strong U.S. Dollar Spells Calamity for Crude Prices: Analysts
Saudi Output Cuts and Strong U.S. Dollar Spells Calamity for Crude Prices: Analysts
The outcome is described as an "almost unbearable burden" for the market.
13 Aug 2018
World Fuel Services Subsidiary Takes Legal Action Against Bomin in Alleged Bad Bunker Incident
World Fuel Services Subsidiary Takes Legal Action Against Bomin in Alleged Bad Bunker Incident
WFS' wholly owned Costa Rican subsidiary Trans-Tec also names Singapore's TKK Shipping in a complaint that revolves around bunkers lifted in Panama.
13 Aug 2018
INTERTANKO: Attempt to Link Bad Bunkers with IMO 2020 Enforcement Delay a "Deliberate Diversion"
INTERTANKO: Attempt to Link Bad Bunkers with IMO 2020 Enforcement Delay a "Deliberate Diversion"
May well be a an attempt to keep any guilty party out of the spotlight, the tanker association says.
13 Aug 2018
Former Peninsula Man Will Bathurst Joins World Fuel Services
Former Peninsula Man Will Bathurst Joins World Fuel Services
New role as Vice President Credit & Risk commenced this month.
13 Aug 2018
Hapag-Lloyd to Convert Box Ship to Burn LNG Bunkers
Hapag-Lloyd to Convert Box Ship to Burn LNG Bunkers
Carrier has 17 "LNG Ready" vessels.
13 Aug 2018
Sixth Straight Weekly Loss for Crude, But IEA Predicts "Very Challenging" Times Ahead
Sixth Straight Weekly Loss for Crude, But IEA Predicts "Very Challenging" Times Ahead
Analysts can't shake the notion that a global supply crunch is inevitable.
10 Aug 2018
IMO 2020: Hapag-Lloyd Makes Scrubber U-Turn
IMO 2020: Hapag-Lloyd Makes Scrubber U-Turn
Will test exhaust gas cleaning systems on two larger containerships.
10 Aug 2018
IMO 2020: Expect Bunker Costs to Jump 50%, says Wallenius Wilhelmsen
IMO 2020: Expect Bunker Costs to Jump 50%, says Wallenius Wilhelmsen
Shipowner to outfit 20 more vessels with scrubbers to handle sulfur cap uncertainty.
10 Aug 2018
IMO2020: Scrubbers vs. 0.5%S - Not a "Slam-Dunk"
IMO2020: Scrubbers vs. 0.5%S - Not a "Slam-Dunk"
The IMO2020 compliance "panic" is starting, and as a consequence, more people are considering scrubbers.
10 Aug 2018
Crude Falls Again on More Evidence of Slowing Demand and Output Capability
Crude Falls Again on More Evidence of Slowing Demand and Output Capability
Meanwhile, Iran demands that OPEC members stop trying to produce above their limit.
9 Aug 2018
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