World News

Shipping Confidence Holds Steady Following Three Successive Quarterly Increases: Moore Stephens
The average shipping confidence level in February 2017 held steady from November 2016 at 5.6 out of 10.0.
22 Mar 2017
Shipping's GHG Emissions Back in the Public Eye as IMO Discusses Reduction Efforts
Lee Adamson, Head of Media and Communications at IMO, this week spoke to CNN about IMO's mandate and actions for reducing the industry's emissions.
22 Mar 2017
ISO 8217:2017 - 6th Edition of the Specifications of Marine Fuels Has Been Published
The Convenor has advised that several changes have been introduced.
21 Mar 2017
AkzoNobel Marks $3 Billion in Fuel Savings from Efficiency-Boosting Intersleek
The company's Intersleek marine coatings range is also said to have accumulated 32 million tonnes in related CO2 savings.
21 Mar 2017
"Ingenious" Americans Will Keep Oil at $50; But Stability is More Important, says SABIC
Either way, nobody sees a price breakout anytime soon.
21 Mar 2017
U.S. Navy Looks to MAN Engines for Bunker Efficiency Boost on Newbuild Bunker Tankers
The MAN 48/60CR engine is said to feature optimised performance for increased fuel-efficiency and reduced emissions.
21 Mar 2017
OPEC Admits That Cutback Extension is Required, but Market Expresses Non-Faith in the Cartel
A decrease in long positions last week sets a record.
21 Mar 2017
Cost Factors to Influence Use of Methanol Bunkers in Face of Tightening Environmental Regs
Industry sources say the uptake of methanol as marine fuel will be largely dictated by commercial considerations.
20 Mar 2017
Alfa Laval Looks to Boost Scrubber Flexibility and Optimisation
Through its Test & Training Centre, Alfa Laval says its PureSOx platform is being adapted to suit a wide range of customer needs.
20 Mar 2017
Promotion for George Makrakis at BMS United Bunkers
Marakis joined the Group 12 years ago, having initially held the position of Bunker and Lubricant Trader.
20 Mar 2017
Odfjell LOI for Dual-Fuel Chemical Tanker Pair
The two 38,000 DWT vessels are set to be built by China's Hudong-Zhonghua Shipbuilding.
20 Mar 2017
Shell Becomes IMPA ACT Accredited Lube Supplier
The preferred supplier status is granted under an initiative intended to improve the economic, social, and environmental sustainability of international shipping.
20 Mar 2017
Peace Boat Shares Ecoship LNG Bunkering Plans
The organisation has already chosen six ports in which to carry out LNG bunkering and is looking at adding more.
20 Mar 2017
SCF Orders Four LNG-Powered Tankers Under Joint Project with Shell
The vessels are set to be supplied with LNG bunkers under a supply agreement with Shell.
17 Mar 2017
Hijacked Bunker Tanker Released by Pirates off Somalia
"Aris 13 and her crew are now en route to a safe port on the north coast of Somalia," confirmed EU Naval Force (Somalia) Thursday.
17 Mar 2017
Alfa Laval FCM One LF Booster System to Be Tested on MAN LPG-Powered Engine
Tests on the engine and booster are expected to be completed by the end of 2017.
17 Mar 2017
Terntank Takes Delivery of Final of Four LNG-Powered Tankers
The vessel is the fourth in a series of four such 15,000 DWT newbuilds built for Terntank
17 Mar 2017
Oil Production Rising, Demand Slowing in 2017: IEA
Slowdowns in Japan, Germany, Korea, and India support the IEA's grim findings.
17 Mar 2017
Weekly Vessel Scrapping Report: 2017 Week 10
Weekly Vessel Scrapping Report: 2017 Week 10
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from March 9 - March 15, 2017.
16 Mar 2017
IMO Head Urges Vigilance Following Bunker Tanker Hijacking Off Somalia
Kitack Lim has called on Somalia's government and regional authorities to take immediate action toward the safe release of the eight Sri Lankan seafarers.
16 Mar 2017