World News

Bunkernet Conference Discusses 2020, LNG Bunkering, and Suez SC Zone

The sixth Bunkernet Bunker Conference was held on April 6 in Limassol, Cyprus.

11 Apr 2017

HMM Signs Newbuilding Agreement with Eco-Tech Option

The agreement for five 300,000 DWT VLCCs includes options for the vessels to feature a LNG carrier engine and eco-friendly technology.

11 Apr 2017

Hapag-Lloyd Highlights 1.5% Bunker Savings from Trim Optimisation

In 2016, Hapag-Lloyd says it utilised trim optimisation software on 86 ships that the company operated.

11 Apr 2017

Crude Will Reach the $60s "Within Months", Predicts RBC, but Schork Insists We're Spiraling to the $40s

The forecasts are made as oil climbs again on the strength of another Libyan outage.

11 Apr 2017

Sovcomflot: LNG Is "A Promising Fuel" for Large-Capacity Vessels

"The future of tanker industry belongs to LNG-fuelled vessels," says the company.

10 Apr 2017

We4Sea Receives €400,000 Investment to Support Ship Efficiency

The investment comes from the Mainport Innovation Fund II, a joint initiative of the Port of Amsterdam and other partners.

10 Apr 2017

Traders Bet on OPEC Cutback Extension, But U.S. Syrian Bombings Cast Serious Doubt on Cartel Continuing to Curb Output

Meanwhile, Russia again says it's too early to discuss an extension.

10 Apr 2017

More Needed to Enhance Performance Monitoring Accuracy and Transparency: Industry Experts

Experts shared this view at the second Hull Performance & Insight Conference, which was held in Germany from March 27 to 29.

10 Apr 2017

DNV GL Grants AiP to MOL and SHI for Design of LNG-Fuelled Container Vessel

While a LNG bunkering system has not yet been established for the vessels, DNV GL says such a system is expected in the near future.

10 Apr 2017

Crude Spikes on US Syria Strike, and Analysts Expect More Gains With the Possibility of a Return to `Risk Premium'

But John Kilduff suggests that Friday's market reaction is being overly analyzed.

7 Apr 2017

Quadrise Warns of More Likely Delays to MSAR Emulsion Bunker Fuel Trials

But the Maersk trial LONO is still expected, and Quadrise remains confident that using HFO + scrubbers will be the lowest cost option for marine operators.

7 Apr 2017

Maersk Line Looks Likely to Favour 0.5% Sulfur Bunkers, Not Scrubbers, for 2020 Compliance

The indication came in comments during a recent presentation given by Maersk Oil Trading.

7 Apr 2017

Alfa Laval Set to Supply Scrubbers for Two More Vessels Under New Order

The SEK 125 million ($13.81 million) order includes eight hybrid Alfa Laval PureSOX scrubbers.

7 Apr 2017

Crude Gains "Hard to Justify" in Face of Fundamentals, Warn Experts

But that doesn't mean oil is dead, they add.

7 Apr 2017

Babcock Granted AiP from LR for Efficiency-Boosting LNG Reliquefaction Tech

Babcock's LNG MR reliquefaction system is designed to address issues of excess BOG in carriers utilising dual-fuel propulsion engines.

6 Apr 2017

Nor-Shipping 2017 to Foster Cross-Industry Collaboration for Clean Maritime Fuels: Director

"The transition to clean fuels cannot be achieved by companies working in isolation," said Birgit Liodden, Nor-Shipping Director.

6 Apr 2017

Weekly Vessel Scrapping Report: 2017 Week 13

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 30 – April 5, 2017.

6 Apr 2017

Industry Players Team Up for LNG-Fuelled VLOC Project

LR, Woodside, Anangel, HHI, and GE will begin work on a design programme to explore the suitability of technologies for large, dual-propulsion ships.

6 Apr 2017

Project Results Released for Bunker-Saving LPG-Fuelled Carrier Concept Design

The project has been a joint effort between DNV GL, Consolidated Marine Management, Hyundai Heavy Industries, and Wärtsilä Oil & Gas Systems.

6 Apr 2017

DNV GL and DSME Unveil "Innovative" and Efficient LNG Carrier

The ship utilises LNG as its primary fuel, and features direct-coupled, two-stroke dual-fuel main engines and dual-fuel auxiliary engines.

6 Apr 2017