World News

The Real Difference Between a Broker and a Trader

"As a former trader I was struck by the fact that my value was directly correlated to how tightly I held onto the proprietary information I had," Paul Hardy writes for Ship & Bunker.

27 Oct 2017

Weekly Vessel Scrapping Report: 2017 Week 41

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from October 19 – October 25, 2017.

26 Oct 2017

2017 and 2018 to See Rise in Vessel Operating Costs: Moore Stephens

Expenditure for lubricants is expected to increase by 1.6 percent in both 2017 and 2018.

26 Oct 2017

Ecoslops' New Share Issue Raises €4.98 Million

A total of 383,178 new shares were issued at a price of €13.00 ($15.19) per share.

26 Oct 2017

Marorka and SDARI Sign Partnership Agreement for Bunker-Saving Performance Management Tech

The agreement was signed by Hu Jin Tao, President of SDARI, and Juergen Kudritzki, CEO of Marorka.

26 Oct 2017

IMO and WSC Respond to New Study Criticising Emission Reduction Efforts

The recent report from InfluenceMap criticised IMO progress on shipping emissions and suggested shipping trade associations have been slowing action.

25 Oct 2017

Danish MEP Urges Parliament to Leave Shipping out of ETS

Bendt Bendtsen says a lack of agreement leaves shipping at risk of being subject to unilateral EU regulation, rather than supporting the global process.

25 Oct 2017

Astomos and Elgas Ink MOU for Further 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.

25 Oct 2017

Ravi Prakash Launches New India-Based Bunker & Lubes Company

"Spectra Fuels' approach to the bunkering needs of our customers is consultative and collaborative rather than pure selling," Prakash tells Ship & Bunker.

25 Oct 2017

Crude Benchmarks Firm

Bunker prices were firmer in the primary ports.

24 Oct 2017

Ports of LA and Long Beach Release Final Clean Air Action Plan Update

The final version of the document brings together comments and changes from a version released in July.

24 Oct 2017

Stena Line to Connect Vessels to Shore Power at Port of Trelleborg

Stena Line says it is an important step in its sustainability strategy, of which, one of the focus areas is to reduce vessel emissions.

24 Oct 2017

K Line Names Bunker-Saving LNG Carrier Newbuild

The MHI-designed vessel features a continuous cover integrated with the vessel's hull to weight and air resistance for lower fuel consumption.

24 Oct 2017

LR Bunker Tips: Flowmeters

"A flowmeter should be treated as a another useful tool to use in the transfer of bunkers," Chris Bieda, Service Delivery, Lloyd's Register GMT, writes for Ship & Bunker.

24 Oct 2017

OPEC Cutback Compliance of 120 Percent Fails to Galvanize Market

Traders on Monday are seemingly more concerned about news out of the U.S. and Iraq.

23 Oct 2017

ICS Leading Efforts to Stall Emissions Regs on Shipping, Report Claims

The report, released today by InfluenceMap, suggests progress on regulation is being stalled by shipping trade associations.

23 Oct 2017

IBIA to Tackle Ethical Practice and Bunkering

With ethics and compliance accreditation programe

23 Oct 2017

ESL Shipping Launches Second LNG-Powered Newbuild

The "extremely energy-efficient" LNG-fuelled dry cargo vessel Haaga was launched today at the Jinling shipyard in Nanjing, China.

20 Oct 2017

Kandla Port Looking to Install Shore Power

The port has invited tenders for installing the new system.

20 Oct 2017

OPEC Chief Says No Demand Peak in Sight for Crude as U.S. Approaches All-Time High Output

Norway also says crude will dominate the energy market for "decades" to come.

20 Oct 2017