World News

IBIA to Draft "Guide to Good Practice for Bunker Suppliers"
IBIA Chairman Robin Meech says the association is in "a new era."
21 Feb 2017
AIDA Cruises Marks Steel Cutting for First in Series of LNG-Powered Newbuilds
AIDA Cruises says the vessel will be world's first cruise ship able to run completely on LNG.
21 Feb 2017
The Future Now After OW: Assuring "Anni Mirabilis" With Lessons from "Anni Horribilis"
The Future Now After OW: Assuring "Anni Mirabilis" With Lessons from "Anni Horribilis"
Spiked by OW Bunkers' collapse, the bunkers industry has, since the end of 2014 and into 2015 and 2016, had not just one "annus horribilis," but "anni horribilis," horrible years.
21 Feb 2017
MHI-MME Completes Retrofits for Low Sulfur Fuel on 80 LNG Carriers
ULSHFO "is very variable depending on its brand or supplier" which could lead to unstable combustion, says MHI-MME.
20 Feb 2017
Bureau Veritas Certifies MSC Cruise Ship Scrubber Retrofit
The MED Certificate indicates MSC Fantasia's exhaust gas scrubber equipment aligns with the EU Marine Equipment Directive requirements.
20 Feb 2017
Hyundai Enters "Eco-Friendly" Bunker Saving Business, Targets $1bn Scrubber Market
"It is forecast that more than 15,000 ships will have the system onboard and the global market to grow worth about USD 1 billion by 2020," says HGS.
20 Feb 2017
DSME Wins Chinese Patent Case for Natural Gas Fuel Supply System
DSME says a Chinese shipbuilding and offshore equipment company filed a patent invalidation complaint to SIPO - a claim that was dismissed.
17 Feb 2017
OPEC Goal Is Self-Protection, Not Re-Balancing or $70 Oil: Analyst
Richard Gorry doesn't expect a "true" re-balance to come until "much much later" than this year.
17 Feb 2017
Record High US Shale Exports May be the Future Norm, Say Experts
The huge American volumes are accompanied by Iraq shipping more crude than expected this month.
17 Feb 2017
Norwegian Cruise Line Slated to Receive Four Fuel Efficient Newbuilds
Norwegian Cruise Line Holdings has reached an agreement with Fincantieri for the construction of the four fuel efficient next generation newbuild ships.
17 Feb 2017
Oil Benchmarks Mixed After a Second Day of Choppy Trading
Bunker prices were stable in the primary ports.
16 Feb 2017
Weekly Vessel Scrapping Report: 2017 Week 6
Weekly Vessel Scrapping Report: 2017 Week 6
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from February 9 – February 15, 2017.
16 Feb 2017
Environmental Performance a "Failure-Is-Not-An-Option" Mission for Shipping, Says WWL CEO
Craig Jasienski says tightening regulations will continue to push the shipping industry to improve environmental performance.
16 Feb 2017
Odfjell Points to Higher Bunker Prices for Weaker 2016 Q4 Results
The company says the average bunker prices paid during Q4 were $310 per tonne, up from $275 per tonne in Q3.
16 Feb 2017
Hitachi Zosen Receives SCR System Order for Tier III NOx Compliance
The first unit is slated for delivery in October 2017, while the second unit is scheduled for delivery in November 2017.
16 Feb 2017
TÜV SÜD Announces EU MRV Compliance Support Offering
The company offers shipowners inspection and verification of monitoring concepts and emission reports.
16 Feb 2017
Viking Line to Use Fixed-Price Agreements to Offset Risk of Higher Bunker Prices
"Bunker prices are expected to be higher than in 2016, which should have an adverse effect on consolidated income," explains Viking Line.
16 Feb 2017
Baleària Marks Move Toward Gas-Fuelled Ships with New €450 Million Investment Plan
The investment, spread over five years, will be used toward the construction of new gas-propelled ships and terminals that use smart technology solutions.
16 Feb 2017
Djibouti at a Key Point in Its Development as a Regional Bunkering Centre: Port Authority
"The new LNG and oil terminals being built will further cement the nation's role as a major refuelling, bunkering, and transhipment centre," says DPFZA Chairman.
16 Feb 2017
Bunker Brokerage LQM Diversifies Into Bunker Trading
Bunker Brokerage LQM Diversifies Into Bunker Trading
"This is a natural evolution for LQM as we respond to the needs of our customers and the realities of today's bunker market," CEO Marisa Femenia tells Ship & Bunker.
16 Feb 2017