World News

Shipping Industry Bodies Put Forth "Ambitious" CO2 Reduction Objectives to IMO

ICS submitted the joint proposal along with BIMCO, INTERCARGO, and INTERTANKO.

22 Jun 2017

Crude Heading for Biggest Drop in 20 Years as Traders Reject OPEC Cutback Effectiveness

But one expert thinks the market is being overly unresponsive to world events.

22 Jun 2017

AkzoNobel Launches New Big Data Hull Performance Prediction Tool

Intertrac Vision Lite has been developed to showcase key features of the full Intertrac Vision tool.

21 Jun 2017

GMN Project for Ship Efficiency Issues Call for Stakeholder Participation

Interest is being sought from individuals within specified organisations to become members of the project's Global Stakeholder Committee.

21 Jun 2017

Teekay Marks Completion of Sea Trials for Tri-Fuel Newbuild

Pan Asia is the first of four 174,000 cbm tri-fuel diesel electric LNG carrier newbuildings.

21 Jun 2017

Prysmian to Supply Cables that Deliver Renewable Energy to Zero-Emission Vessel

Energy Observer is a hydrogen-powered yacht slated to embark on a zero-emissions around-the-world voyage.

21 Jun 2017

Quadrise Receives Interim LONO from MSAR Emulsion Bunker Trial

The interim Letter of No Objection from Wärtsilä is related to Maersk Line's operational trial of Quadrise's MSAR emulsion bunker fuel.

21 Jun 2017

Crude Down Again, Officially Enters a Bear Market

Bunker prices were softening in the primary ports.

20 Jun 2017

Wärtsilä Set to Supply Engines for Dual-Fuel Tanker Newbuilds

The ships will run on both LNG and diesel, and are being built at the Scheepswerf Ferus Smit shipyard for Erik Thun AB.

20 Jun 2017

Saudis Insist Market Re-Balance Is Imminent Although Oil Tanker Storage Growth Suggests Otherwise

Bloomberg also disputes the figures used by the Saudis to support their argument for a re-balance.

20 Jun 2017

ICS Calls on IMO to Support Implementation Date Proposal for BWM Convention

The proposal was put forth to the IMO by Brazil, Cook Islands, India, Norway, Liberia, and UK.

19 Jun 2017

European Ports Set to Be Affected by Dockworker Strike Action

As a show of support for their Spanish counterparts, dockworkers at European ports are set to stop work for two hours on June 29.

19 Jun 2017

Knutsen OAS Shipping Newbuilds to Feature MAN Dual-Fuel Engines

Four MAN B&W 5G70ME-GI dual-fuel low-speed diesel engines with EGR systems have been ordered for the two 180,000 m3 LNG tanker newbuildings.

19 Jun 2017

DFDS Orders Two More Bunker-Saving Freight Ships

DFDS says the ships are being built with exhaust gas scrubber systems and a "number of energy-enhancing initiatives."

19 Jun 2017

Aegean: Georgiopoulos Steps Down, Interim President and Chairman Appointed

'I look forward to serving as interim Chairman during such an important time," says new Chairman Yiannis Papanicolaou.

16 Jun 2017

Ocean Yield Takes Delivery of Second LEG Carrier Featuring Multi-Fuel Capable Propulsion

The vessel's sister ship is Gaschem Beluga is said to have the world's first ME-GIE two-stroke engine.

16 Jun 2017

Moving Away From Bunker Broking Makes Absolutely No Sense for Us, Says LQM CEO

"Our core business is broking. That's what we know, and that's what the DNA of the company is," CEO Morten Eggert Troen tells Ship & Bunker.

16 Jun 2017

Bunker Saving and Clean Ship Tech Honoured at 2017 Electric & Hybrid Marine Awards

Canada-based marine battery maker Corvus Energy won Supplier of the Year for third year in a row.

16 Jun 2017

Lack of Investment May Not Even be Enough to Raise Prices in a World Awash With Oil

Meanwhile, Iraq's likelihood of achieving a record 5 million barrel per day output is "not unrealistic."

16 Jun 2017

Weekly Vessel Scrapping Report: 2017 Week 22

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 8 – June 14, 2017.

15 Jun 2017