World News

Soya Group Hires Former UECC Sustainability Manager to Lead Marine Fuels Transition
Soya Group Hires Former UECC Sustainability Manager to Lead Marine Fuels Transition
Daniel Gent has joined Soya Group following nearly 18 years at UECC.
4 Feb 2026
Bureau Veritas and Wartsila Team Up to Assess Hybrid-Electric LNG Carrier Design
Bureau Veritas and Wartsila Team Up to Assess Hybrid-Electric LNG Carrier Design
A hybrid-electric LNG carrier design focused on propulsion optimisation will be assessed under the joint project.
4 Feb 2026
Oil Regains Some Losses As Iran Provokes U.S. In Advance Of Talks
Oil Regains Some Losses As Iran Provokes U.S. In Advance Of Talks
It's unclear whether the talks will proceed after the Islamic republic's demands.
3 Feb 2026
Westwood Launches Offshore Vessel Intelligence Platform
Westwood Launches Offshore Vessel Intelligence Platform
Westwood has launched MarineLogix, a new offshore vessel intelligence platform designed to track vessel activity and utilisation across offshore energy markets.
3 Feb 2026
GCMD and CIMAC Join Forces to Support Adoption of Alternative Marine Fuels
GCMD and CIMAC Join Forces to Support Adoption of Alternative Marine Fuels
As alternative marine fuels such as ammonia move closer to use as a marine fuel, GCMD and CIMAC have signed a two-year partnership to support industry readiness.
3 Feb 2026
Switch Launches New Battery Protection for Electric Ships
Switch Launches New Battery Protection for Electric Ships
The Switch says that as more batteries are used for propulsion and power generation, faults on the battery side can quickly impact the entire ship.
3 Feb 2026
Nuclear Energy Firm Ampera Adds Maritime Sector as New Growth Market
Nuclear Energy Firm Ampera Adds Maritime Sector as New Growth Market
Ampera says its thorium-fuelled micro-reactor technology is suitable to power vessels including cruise ships, reefers and port barges.
3 Feb 2026
OrbitMI Appoints Sales Director for Nordics and Americas
OrbitMI Appoints Sales Director for Nordics and Americas
OrbitMI has appointed former ZeroNorth head of sales Andrew Redfern as sales director for the Nordics and the Americas.
3 Feb 2026
BAR Technologies Welcomes IMO Move to Close Wind Propulsion Regulatory Gaps
BAR Technologies Welcomes IMO Move to Close Wind Propulsion Regulatory Gaps
The IMO sub-committee agreed last month to develop interim safety guidelines for wind propulsion systems.
3 Feb 2026
Oil Plummets As Iran/U.S. Hostilities Presumably Give Way To Negotiations
Oil Plummets As Iran/U.S. Hostilities Presumably Give Way To Negotiations
Meanwhile, India again vows to stop buying Russian oil in exchange for lower tariffs.
2 Feb 2026
Cargo Ship Captain Found Guilty of Gross Negligence Manslaughter Over North Sea Collision
Cargo Ship Captain Found Guilty of Gross Negligence Manslaughter Over North Sea Collision
Russian-born Vladimir Motin was found guilty by a court in London on Monday.
2 Feb 2026
Maersk's New Methanol-Fuelled Boxship to Serve East Asia-US Gulf Route
Maersk's New Methanol-Fuelled Boxship to Serve East Asia-US Gulf Route
Maersk's dual-fuel methanol fleet has grown to about 20 ships now.
2 Feb 2026
January Marks Positive Opening to 2026 for Alternative-Fuelled Newbuilds: DNV
January Marks Positive Opening to 2026 for Alternative-Fuelled Newbuilds: DNV
DNV says 20 ships capable of running on alternative fuels were ordered in January, with LNG accounting for 16 of the orders.
2 Feb 2026
Lloyd's Register Issues Industry-First Guidance on Onboard Hydrogen Generation
Lloyd's Register Issues Industry-First Guidance on Onboard Hydrogen Generation
Lloyd's Register reports an increasing interest among shipowners, shipyards, and technology developers in technologies that can produce hydrogen onboard.
2 Feb 2026
74% of Container Ships and Vehicle Carriers on Order are Dual-Fuel: WSC
74% of Container Ships and Vehicle Carriers on Order are Dual-Fuel: WSC
The World Shipping Council says more than $150 billion of liner shipping investment has pushed dual-fuel vessels to dominate the orderbook.
2 Feb 2026
OceanScore Reaches $5 Million in Annual Recurring Revenue
OceanScore Reaches $5 Million in Annual Recurring Revenue
Emission management firm OceanScore says the growth is driven by a shift in emissions compliance from mere reporting to daily commercial execution.
2 Feb 2026
FLEX Commodities Appoints Team Leader-Indian Ocean Desk
FLEX Commodities Appoints Team Leader-Indian Ocean Desk
Saurabh Sahni was previously the trading manager at Integr8 Fuels.
2 Feb 2026
Crude Futures Drop by 5% on Iran De-Escalation
Crude Futures Drop by 5% on Iran De-Escalation
A drop of this scale would be equivalent to a fall of more than $26/mt in bunker prices in metric tonnes.
2 Feb 2026
Bunker Prices Outlook: Global VLSFO Prices Forecast to Hold in Low $400s/Mt for Next Two Years
Bunker Prices Outlook: Global VLSFO Prices Forecast to Hold in Low $400s/Mt for Next Two Years
Ship & Bunker's latest global average bunker price forecast shows VLSFO averaging about $464/mt in Q1, before dropping to $441/mt in Q2.
2 Feb 2026
First Monthly Gain For Oil In Half A Year Over Venezuela, Iran Angst
First Monthly Gain For Oil In Half A Year Over Venezuela, Iran Angst
But overall, the market remains mired in glut worries.
30 Jan 2026