World News

Maersk Line Backs "Unprecedented" Call for Ban on High-Sulfur Bunker Fuel

Ban is best way to secure simple and robust enforcement of IMO 2020 regs, says Maersk Line CEO Søren Toft.

25 Jan 2018

Status Quo in Shipping Regulations Not an Option, says New Research Network

"In the absence of clear international standards, policy fragmentation is occurring at regional and domestic levels, causing confusion and investment uncertainty," UBC's Jane Lister tells Ship & Bunker.

25 Jan 2018

Hempel Launches New Bunker-Saving Hull Performance Offering

SHAPE combines elements of efficiency optimisation, expert advice, and solutions to vessel operators.

24 Jan 2018

Oil Up on Positive IMF Comments

Bunker prices were firming in the primary ports.

23 Jan 2018

Hybrid Newbuild Added to Port of Rotterdam Authority Fleet

RPA 8 can run on diesel and diesel-electric.

23 Jan 2018

Clean Arctic Alliance Warns of HFO Spill Risk Alongside Record Cargo Numbers on Northern Sea Route

The Russian Federal Agency for Maritime and River Transport says a record volume of 9,737 million tonnes of goods were shipped via NSR during 2017.

23 Jan 2018

Bunker Jobs: NSI Looking for Brokers in the USA, Far East, and Europe

NSI looking to expand in line with upcoming re-brand and new internal platforms.

23 Jan 2018

IMO2020: Shipping Organisations, Green Groups Back Non-Compliant Fuel Oil Carriage Ban

Issue statement ahead of February's IMO meeting to ban carriage of non-compliant fuel once the 2020 0.5% sulfur cap is in place.

22 Jan 2018

Report of "Explosive" U.S. Growth Triggers More Squabbling Over How OPEC Will React

Meanwhile, the Saudis announce that their IPO of Saudi Aramco will take place in Q2 2018.

19 Jan 2018

Myanmar Ratifies IMO Treaty for Bunker Pollution Damage

Kyaw Zwar Minn, Ambassador of Myanmar to the UK, deposited the instrument of accession today.

19 Jan 2018

Crude Flat on Concerns of Rampant U.S. Output as Ghana, Iraq, and Nigeria Plan to Boost Production Capacity

OPEC concedes that its efforts have resulted in more American supply coming on line.

18 Jan 2018

Weekly Vessel Scrapping Report: 2018 Week 3

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from January 11 – January 17, 2018.

18 Jan 2018

Rolls-Royce to Outfit SEACOSCO Newbuilds with Bunker-Saving Energy Storage System

SEACOSCO is set to take title to seven of the PSVs in 2018 and the eighth in 2019.

18 Jan 2018

IMO 2020 Rule: Bunker Suppliers' and Blenders' Perspective

The key question is how quickly will shipowners feel confident enough to begin consuming compliant fuels that are blends rather than 100% marine gas oil, writes Stillwater Associates and 20|20 Marine Energy.

18 Jan 2018

Aegean "Determined to Innovate," Broaden its Presence Worldwide as Bunker Industry Transitions Towards 2020

"The market is evolving," says group President, Jonathan Mcilroy.

17 Jan 2018

More Gains for Crude as Kuwait Reiterates There's No Plan to Exit Oil Cuts

Meanwhile, events in Nigeria could lead to even further market tightening.

17 Jan 2018

Hydrex Nabs Energy Globe Award for Bunker-Saving Propeller Buffing Technique

The award was presented to Hydrex CEO Boud van Rompay at the company's Antwerp headquarters by Martina Madeo of the Austrian Embassy in Brussels.

17 Jan 2018

MAN Hails Popularity of Fuel-Saving Part-Load Optimisation Initiative

MAN's Part-Load Optimisation tuning method optimises fuel-oil consumption during the part-load operation of four-stroke, small-bore MAN auxiliary engines.

17 Jan 2018

Bunker Prices at Their Highest in Over 3 Years, Up 175% in 2 Years

Ship & Bunker's Global 20 Ports Average indicates IFO380 is priced at just under $400/mt, having risen from a low of $144.50/mt on January 20, 2016.

17 Jan 2018

Russia Joins Call for Continued Output Cuts As U.S. Production Set to Exceed 6.5 Million Barrels in February

Meanwhile, Fat Prophets envisions WTI hitting $80 by year-end.

17 Jan 2018