World News

Fjellstrand Set to Build New Fully-Electric Ferry for Fjord 1

Fjellstrand says the newbuild will be a larger and further developed version of the MF Ampere, and will be equipped for both higher speed and longer range.

30 May 2017

BMT Launches New Bunker-Saving Fleet Performance Management Solution

SMARTNOON adds metocean data, AIS information, and BMT analytics to a vessel's noon report to provide ship operators with fuel-saving insights.

30 May 2017

OSV to Receive "1 Tonne per Day" Bunker-Saving ESS Retrofit

The 533kWh Orca Energy ESS from Corvus Energy is set be installed on the OSV in a hybrid arrangement.

30 May 2017

TMC Launches Boil-Off Gas Compressor for LNG-Powered Ships

TMC says its marine boil-off gas compressor system can also be used for ships that feature dual-fuel propulsion.

30 May 2017

Deltamarin Marks First Orders from Bunker-Saving Box Ship Design Range

Deltamarin notes that the vessels will comply with IMO NOx TIER III requirements and will feature built-in scrubber systems.

29 May 2017

"Bright Prospects" for Natural Gas as Bunkers Says Gazprom's Alexey Miller

The comments came in a speech Miller delivered at the annual International Business Congress in Vienna.

29 May 2017

NAPA Launches Bunker-Saving Fleet Intelligence Service

The cloud-based web service is intended to provide high-accuracy performance monitoring for any vessel, regardless of ownership or charterer.

29 May 2017

"Game-Changer" GoodShipping Program to Drive Biofuel Use, Says GoodFuels

The initiative enables cargo owner to purchase low-carbon, compatible, and sustainable "drop-in" biofuels.

29 May 2017

ABS Launches NS Voyage Manager for Compliance with EU MRV, Other Regs

The new cloud-based compliance software module that captures and manages a wide range of vessel data, including bunker delivery notes.

29 May 2017

VPS Releases New Code of Practice for Bunker Quantity Surveying

The new COP includes a dedicated section on Mass Flow Meter bunker delivery.

26 May 2017

Wärtsilä Hybrid System Set to Boost Bunker Savings on LNG-Powered OSV

Wärtsilä says Viking Princess will become the first OSV in which batteries reduce the number of generators onboard.

26 May 2017

DNV GL Launches New LNG Fuel Finder Service for LNGi

DNV GL says it expects the tool to be particularly useful for shipowners evaluating their fuel decision for newbuilds.

26 May 2017

Peninsula Petroleum Signs New $200 Million Receivables Finance Facility to Support Business Growth

The new finance facility is said to be specifically intended to support PPG's efforts to develop its global physical supply and reselling operations.

26 May 2017

ABB Opens Bunker-Saving Two-Stage Turbocharging to Wider Market

The Power2 800-M is said to provide an overall turbocharging efficiency of more than 75 percent.

26 May 2017

Crude Prices Fall 4% and US Claims Victory as OPEC Extends its Oil Cuts By 9 Months

The Saudis insist that the same level of cuts will bring us within the five year average by year's end.

26 May 2017

Oil Deal Extension Could Lead to Higher Prices and "Super Bull" Run: Analysts

But others are troubled that OPEC has not publicly discussed an exit strategy for when its cutbacks expire.

26 May 2017

Weekly Vessel Scrapping Report: 2017 Week 19

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 18 – May 24, 2017.

25 May 2017

Singapore-Based Shipping Company Receives Additional Year of Probation Related to U.S. Pollution Offence

The U.S. DOJ says Odfjell Asia II PTE Ltd. has admitted that a breakdown in the company's internal reporting system constituted a probation violation.

25 May 2017

Hapag-Lloyd and UASC Complete Merger

The two companies will continue to operate independently until mid-July when the first UASC services will begin the transfer to Hapag-Lloyd.

25 May 2017

LUKOIL "Ready" for Tightening Sulfur Regs with New Marine Cylinder Oil

LUKOIL's new marine lubricant, NAVIGO MCL Extra, has been granted approval for use with MAN and WinGD engines.

25 May 2017