World News

Wärtsilä and ENGIE to Cooperate on Small Scale LNG Market Development
The cooperation is said to specifically cover four areas, including LNG for ships.
7 Nov 2016
Elements of New IMO BDN Amendments "Problematic," Says IBIA
Despite IBIA's concern over some aspects, proposals for changes are said to have been disregarded and the amendments approved.
7 Nov 2016
MAN Wins First Order for Bunker-Saving HyProp ECO Hybrid Propulsion System
The "innovative" hybrid propulsion system is set to be installed on a 7,500 DWT chemical tanker, and is noted to be "a world first."
7 Nov 2016
GloMEEP Technical Advisor Wins LR Ship Efficiency' Award
Astrid Dispert has received the LR's "Outstanding Contribution to Ship Efficiency" Award.
7 Nov 2016
IMO Opens Door to Bunker Tanker BWM Exemptions with SRA Approval: IBIA
IBIA has previously suggested that SRA exemptions may benefit bunker tankers operating in more than one country, within a limited geographical range.
4 Nov 2016
Costs Associated with New Environmental Regs Among Top Concerns in Ship Operating Costs Survey
"Shipping faces a number of potentially costly compliance responsibilities," said Richard Greiner, Partner in Shipping & Transport at Moore Stephens.
4 Nov 2016
Deltamarin Announces New Zero Emission Cruise Vessel
The vessel is said to have been developed through an internal company contest focused on possible future vessel designs.
4 Nov 2016
IBIA Outlines IMO "Roadmap" Strategy for GHG Reduction, Global Sulfur Cap Implementation Challenges
IBIA Outlines IMO "Roadmap" Strategy for GHG Reduction, Global Sulfur Cap Implementation Challenges
"The roadmap is intimately linked with the three-step approach," says IBIA.
4 Nov 2016
IMO to Consider Establishment of Designated Fuel Sampling Point for Sulfur Regs Compliance
IMO, at MEPC 70 last week, approved guidelines for taking samples from ships to verify compliance with sulfur limits placed on marine fuel.
4 Nov 2016
DNV GL Announces New Analytical and Reporting Features for Bunker-Saving ECO Insight
The new release is said to provide more frequent and higher quality results, and enables shipowners to manage more vessel data.
4 Nov 2016
Weekly Vessel Scrapping Report: 2016 Week 43
Weekly Vessel Scrapping Report: 2016 Week 43
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from October 27 – November 2, 2016.
3 Nov 2016
Peninsula Petroleum Appoints Chief Risk Officer
The supplier names Mike Stark as its inaugural Chief Risk Officer.
3 Nov 2016
Gazprom and Mitsui Further LNG Bunkering Plans
The two parties are also said to have discussed a number of other partnership areas, including joint efforts in expanding the Sakhalin II project.
3 Nov 2016
Oil Demand Peak Could Be Just 5 Years Away: Shell
In the short term, Lundin CEO predicts more volatility.
3 Nov 2016
US Election, Not OPEC Deal, is Driving Down Oil Prices: NBAD Securities
US Crude falls under $45/bbl as Wells Fargo becomes the latest voice predicting sub $40/bbl oil.
3 Nov 2016
Shipping to Help Transport Become "Major New Sector" for LNG Market, Says Shell
Shell says IMO's decisions on shipping emission's supports the company's confident LNG market outlook.
3 Nov 2016
LR Renews Certification of Bunker-Saving Ecospeed for Ice Ships
LR renewed its certification of Subsea Industries' Ecospeed hard coating as an approved abrasion resistant hull protection system for vessels in polar waters.
3 Nov 2016
Dual-Fuel Icebreaker Polaris Enters Service in Finland
The newbuild low sulfur diesel-LNG hybrid propulsion icebreaker, is noted to be the first LNG-powered icebreaker in the world.
3 Nov 2016
Crude Benchmarks Settle 3% in the Red
Bunker prices were softer in the primary ports.
2 Nov 2016
No Official Comment Yet From Bomin on Trading Office Closure Talk
"They're doing what everyone else should be doing, and doing it first," one industry source tells Ship & Bunker.
2 Nov 2016