World News

LiqTech Receives New Order for Scrubber Waste Water Treatment System
LiqTech Receives New Order for Scrubber Waste Water Treatment System
LiqTech says the new order for its waste water treatment system, which will be used with marine scrubbers, is valued at $399,000.
19 May 2017
Crude Climbs Again On Yet More Speculation that Most Nations Support OPEC Cutback Extension
Crude Climbs Again On Yet More Speculation that Most Nations Support OPEC Cutback Extension
Meanwhile, others repeat the argument that deeper cuts are required to make a positive impact.
19 May 2017
Weekly Vessel Scrapping Report: 2017 Week 18
Weekly Vessel Scrapping Report: 2017 Week 18
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 11 – May 17, 2017.
18 May 2017
ABB Adds Verifavia-Certified EU MRV Module Offering
ABB Adds Verifavia-Certified EU MRV Module Offering
The ABB module collects and visualizes data from onboard sensors on a vessel's fuel consumption and carbon dioxide emissions on a per-voyage basis.
18 May 2017
Eco Marine Power to Supply Fuel Monitoring and Bunker-Saving Solar Solutions to Singapore Shipping Company
Eco Marine Power to Supply Fuel Monitoring and Bunker-Saving Solar Solutions to Singapore Shipping Company
EMP says it has signed a MoU with a Singapore-based shipping company to supply its Aquarius Management and Automation (MAS) + Solar solution.
18 May 2017
"Your Cheatin' Heart" - Compliance Issues Cause Uncertainty About Low Sulfur Bunker Impacts
"Your Cheatin' Heart" - Compliance Issues Cause Uncertainty About Low Sulfur Bunker Impacts
Certainly the incentive to "cheat" will be large, and the very nature of the shipping business makes enforcement challenging.
18 May 2017
OPEC has Achieved Market Rebalance, Says IEA, but Others Warn That A Rogue Iraq Could Reverse the Situation
OPEC has Achieved Market Rebalance, Says IEA, but Others Warn That A Rogue Iraq Could Reverse the Situation
For the time being, crude prices continue to climb by increments.
18 May 2017
This is Why Maersk Will Not be Using Scrubbers When the 0.50% Global Sulfur Cap on Bunkers Comes Into Force in 2020
This is Why Maersk Will Not be Using Scrubbers When the 0.50% Global Sulfur Cap on Bunkers Comes Into Force in 2020
While investing in scrubbers "may look appealing at first," Maersk will be using alternative fuels come 2020, Head of Maersk Oil Trading tells Ship & Bunker.
18 May 2017
Alphaliner: Container Ship Orderbook-to-Fleet Ratio Sets New Low
Alphaliner: Container Ship Orderbook-to-Fleet Ratio Sets New Low
The ratio dropped to just 14.1 percent as of May 1, 2017, beating the ratio's previous low of 14.6 percent in January 1999.
17 May 2017
Finnlines Initiates New Bunker-Saving Investment Programme
Finnlines Initiates New Bunker-Saving Investment Programme
Finnlines' new Energy Efficiency and Emission Reduction Investment Programme will see the company lengthen its existing Ro-Ro vessels.
17 May 2017
Conrad Points to Loss on LNG Bunker Barge for Q1 Results
Conrad Points to Loss on LNG Bunker Barge for Q1 Results
Conrad reports a net income of $119,000 during 2017 Q1, compared to net income of $2.6 million during the same period of 2016.
17 May 2017
Maersk Fluid Technology Highlights Growing Demand for Lubricant Blending-On-Board Systems
Maersk Fluid Technology Highlights Growing Demand for Lubricant Blending-On-Board Systems
MFT says such demand is confirmation of an industry need for technological solutions that enable blend fit-for-purpose lubricant compositions onboard.
17 May 2017
Parker Kittiwake Releases "Definitive" Bunker and Lube Guide
Parker Kittiwake Releases "Definitive" Bunker and Lube Guide
"The Gold Guide" is said to be a "first-of-a-kind, comprehensive resource" offering operators information on all aspects of fuel, lube, and hydraulic oil.
17 May 2017
In a Tight Post-2020 Market, Marine Won't Be Outbid by Inland Distillate Buyers: Kassinger
In a Tight Post-2020 Market, Marine Won't Be Outbid by Inland Distillate Buyers: Kassinger
"There may be more intense competition for the MGO between Marine and the inland markets. In that competition, Marine wins," Kassinger tells Ship & bunker.
17 May 2017
Oil Prices See Little Change on Tuesday
Oil Prices See Little Change on Tuesday
Bunker prices were stable in the primary ports.
16 May 2017
Genoil Sees "Significant Interest" in Its 0.50% Sulfur Bunker Producing Hydroconversion Unit
Genoil Sees "Significant Interest" in Its 0.50% Sulfur Bunker Producing Hydroconversion Unit
The company says for existing bunkering installations the tech is showing "compelling economics" as a solution for producing 2020-spec bunkers.
16 May 2017
MAN Dual-Fuel Gas Injection Ethane Engine Passes Onboard Trials
MAN Dual-Fuel Gas Injection Ethane Engine Passes Onboard Trials
MAN says the world's first ME-GIE two-stroke engine has passed gas trials aboard the LEG carrier Gaschem Beluga.
16 May 2017
The Future of Shipping "Must Eventually Be Fossil Fuel Free": ICS
The Future of Shipping "Must Eventually Be Fossil Fuel Free": ICS
But it will take "several decades" before this can be achieved, the Chamber says.
16 May 2017
Traders Overreacting to Saudi/Russia Extension Agreement, Prices Sure to Stay Rangebound: Analysts
Traders Overreacting to Saudi/Russia Extension Agreement, Prices Sure to Stay Rangebound: Analysts
They add that an extension is no match for non-compliance and U.S. shale.
16 May 2017
ICS Calls on IMO to Make "Dramatic" CO2 Reduction Objectives
ICS Calls on IMO to Make "Dramatic" CO2 Reduction Objectives
"It is very important that IMO sends a clear and unambiguous signal to the global community," says ICS Chairman Esben Poulsson.
16 May 2017