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Aegean Posts Q3 Loss of $3.8 Million as Marine Fuel Sector Remains "Under Great Pressure with Intense Competition"
Aegean Posts Q3 Loss of $3.8 Million as Marine Fuel Sector Remains "Under Great Pressure with Intense Competition"
But Aegean says it has now achieved annualized cost savings of $24 million, exceeding its previously stated goal of $20 million.
15 Nov 2017
ABB Looks to Digital Integration to Optimise Bunker-Saving Vessel and Fleet Management
ABB Looks to Digital Integration to Optimise Bunker-Saving Vessel and Fleet Management
ABB says electric propulsion is set to become an imperative for the maritime industry rather than an alternative.
15 Nov 2017
What Is the Role of the Bunker Broker in the Internet Age?
What Is the Role of the Bunker Broker in the Internet Age?
"The challenge today is no longer a lack of information but rather sorting the signal from the noise," Oil Front's Danny Soos writes for Ship & Bunker.
15 Nov 2017
Decarbonisation Talks an Opportunity to Accelerate "Maritime Energy Transition," Says MAN CEO
Decarbonisation Talks an Opportunity to Accelerate "Maritime Energy Transition," Says MAN CEO
Dr. Uwe Lauber, CEO of MAN Diesel & Turbo, made the comments alongside the Ambition 1.5°C event at the UN COP23 meeting in Bonn.
14 Nov 2017
New Ferry Design Demonstrates 6% Fuel Savings
New Ferry Design Demonstrates 6% Fuel Savings
The vessel features a new generation propeller tunnel that is said to significantly reduce propeller draft.
14 Nov 2017
Finnish University Receives EU Funding for Project on Digital Maritime Eco-Efficiency Solutions in the Baltic Sea Region
Finnish University Receives EU Funding for Project on Digital Maritime Eco-Efficiency Solutions in the Baltic Sea Region
Led by the University of Turku, the project is slated to run for three years.
14 Nov 2017
Rolls-Royce Unveils Novel Personal LNG Bunkering Solution for New Hybrid Yacht Concept
Rolls-Royce Unveils Novel Personal LNG Bunkering Solution for New Hybrid Yacht Concept
Crystal Blue features its own support vessel, Blue Shadow, which can operate as a dedicated LNG bunker barge.
14 Nov 2017
WinGD X-DF Engines to Power CMA CGM's LNG-Fuelled 22,000 TEU Box Ships
WinGD X-DF Engines to Power CMA CGM's LNG-Fuelled 22,000 TEU Box Ships
The 12X92DF engines will be rated 63,840 kW at 80 rpm, which WinGD says makes them the most powerful gas and dual-fuel engines ever built.
14 Nov 2017
Astomos and KPC to Ink MOU for LPG Bunkering Study
Astomos and KPC to Ink MOU for LPG Bunkering Study
Astomos is looking as LPG as a possible compliance solution for the coming global 0.50 percent sulfur cap on marine fuels.
14 Nov 2017
Oil Benchmarks Start the Week Mixed
Oil Benchmarks Start the Week Mixed
Bunker prices were stable in the primary ports.
13 Nov 2017
ICS Encouraged by EU's Provisional Decision to Leave Shipping Out of ETS
ICS Encouraged by EU's Provisional Decision to Leave Shipping Out of ETS
ICS' Simon Bennett says the decision demonstrates confidence in the IMO to take appropriate action to deliver CO2 reduction measures for shipping.
13 Nov 2017
Containerships Launches First LNG-Powered Vessel
Containerships Launches First LNG-Powered Vessel
Containerships Nord is slated to begin operation during the first half of 2018.
13 Nov 2017
VT Halter Marine to Build LNG Bunker Barge to Be Chartered to Shell
VT Halter Marine to Build LNG Bunker Barge to Be Chartered to Shell
The vessel is expected to be be delivered in Q1 of 2020.
13 Nov 2017
IMO 2020: Barging, Not Bunker Pricing or Product Avails, Will Make or Break the Case for Scrubbers
IMO 2020: Barging, Not Bunker Pricing or Product Avails, Will Make or Break the Case for Scrubbers
"The fuel might be sourcable but keeping barges as designated HSFO with only limited demand for supply maybe more tricky," Paul Hardy writes for Ship & Bunker.
13 Nov 2017
Discussion on Decarbonising the Shipping Industry to Be Featured Alongside UN COP23 Climate Talks
Discussion on Decarbonising the Shipping Industry to Be Featured Alongside UN COP23 Climate Talks
"No one is pretending it's easy, or there is a one-size-fits-all solution but that's what makes it an exciting opportunity," says Diane Gilpin, Founder and CEO, Smart Green Shipping Alliance
10 Nov 2017
Wessels Signs LOI with MAN for the Conversion of Three Ships to Dual-Fuel Propulsion
Wessels Signs LOI with MAN for the Conversion of Three Ships to Dual-Fuel Propulsion
The three vessels are sisters to the Wes Amelie, which has been hailed as the world's first box ship converted to use LNG propulsion.
10 Nov 2017
Titan LNG and Skangas Ink MoU for LNG Bunkering Availability and Optimisation
Titan LNG and Skangas Ink MoU for LNG Bunkering Availability and Optimisation
The agreement is intended to support the provision of a "one-stop-shop" for LNG bunkering customers.
10 Nov 2017
New Marine Lube Production Launched Under Gazpromneft Ocean Brand
New Marine Lube Production Launched Under Gazpromneft Ocean Brand
The product portfolio includes 15 lube oils for engines operating on various fuels across all types of vessels.
10 Nov 2017
Citibank Again Warns OPEC Supporters to Brace for Disappointment in Vienna
Citibank Again Warns OPEC Supporters to Brace for Disappointment in Vienna
Meanwhile, Goldman Sachs sees prices falling after OPEC's meeting later this month.
10 Nov 2017
Weekly Vessel Scrapping Report: 2017 Week 43
Weekly Vessel Scrapping Report: 2017 Week 43
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 2 – November 8, 2017.
9 Nov 2017
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