World News

Industry Insight: IMO Secretary-General Kitack Lim Talks Vessel Efficiency Technology, LNG Bunkers

New technologies and innovation are very important tools and can significantly enhance ships' energy efficiency, says Lim.

25 May 2016

Pioneer Marine Cancels Eco-Ship Orders

The two newbuilding eco-design Green Dolphin 38,400 DWT Handysize bulkers were set to be built at China's Yangzhou Guoyu shipyard.

25 May 2016

Crude Up as OPEC Output Falls

The march toward $50/bbl continues and bunker buyers should beware that the price risk still remains to the upside.

24 May 2016

Marorka and SMEDRI Cooperate on Maritime Energy Efficiency to Boost Chinese Shipping Competitiveness

Iceland's Marorka Tuesday announced that it has signed a cooperation agreement with the Shanghai Marine Diesel Engine Research Institute.

24 May 2016

Postponing 0.50% Sulfur Cap to 2025 May be Considered Politically Unacceptable: ICS

IMO is supposed to be making the decision based on whether there will be enough compliant fuel to meet demand.

24 May 2016

Fleet Operations Centre Enables Hamburg Süd Up to 7% Bunker Savings

The company also says it has achieved a fuel savings of as much as 40 percent by decreasing the speed of its "Santa" class vessels from 20 to 16 knots.

24 May 2016

Singapore LNG Bunkering "Might Be a Game Changer," Says VDR

Martin Kröger, VDR's managing director, says he expects that LNG bunkering will experience "a lot of movement in the future."

24 May 2016

15% Discount for Ship & Bunker Readers on Bunkering Operations & Management Course

The 12-week distance learning programme Starts on June 1, 2016, brought to you by Lloyds Maritime Academy.

24 May 2016

Researcher to Discuss WaSP Technologies as Part of Shipping Industry's Potential to Move Away from Fossil Fuels

The success for such solutions rests on the expected performance, and resultant bunker fuel savings, says Dr. Michael Traut.

24 May 2016

Without Action on Emissions, IMO Risks a Shift in Public Opinion That Could Spur Development of Patchwork Regional Rules: ITF Attendees

The International Transport Forum 2016 Summit was held in Leipzig, Germany from May 18 to May 20.

24 May 2016

Crude Soft as Market Takes a Breath

Some of the supply factors that have been supporting the recent surge in crude pricing have been corralled for the time being.

23 May 2016

First Order For Alfa Laval's Latest Water Treatment Solution for NOx Reducing EGR Systems

The PureNOx systems clean the circulation water in an EGR process, while EGR systems themselves allow vessels to meet Tier III NOx emission limits.

23 May 2016

Higher Bunker Prices Contributed to Softer Tanker Rates in Q1: Teekay Tankers

Teekay also predicts "very low global fleet growth after the current order-book delivers over the course of 2016 and 2017."

23 May 2016

Finning Urges Uptake of Tech for Bunker Consumption Monitoring

Finning's call comes after the IMO recently approved requirements for ships to record and report bunker consumption.

23 May 2016

DNV GL in New Partnership for its "ECO Insight" Vessel Efficiency Tool

Deal will give ECO Insight access to a variety of fleet performance analytics from M.A.C. Solutions' SDBnet, including bunker consumption.

23 May 2016

Fuel Efficient Fleet Helps APL to 45.5% Reduction in CO2 Emissions

APL says it reduced its CO2 emissions by 45.5 percent in 2015 compared to levels in 2009.

20 May 2016

Global Sulfur Cap Will Cost Box Shippers $5 Billion to $30 Billion per Year: OECD

The report says current bunker sulfur regulations are costing the sector $500 million per year.

20 May 2016

UASC to Decide on Operations Merger with Hapag-Lloyd in June

The company is said to be scheduled to hold a shareholders vote at an extraordinary general meeting on June 2, 2016.

20 May 2016

"No Denying" Renewable Energy is the Future of Vessel Propulsion: Norsepower CEO

Tuomas Riski, Norsepower's CEO, says the company's smaller rotor sails have been proven to reduce fuel consumption by 6.1 percent.

20 May 2016

Industry Insight: Overcoming the Cost and Supply Challenges for Low Sulphur Fuel Oil in 2020

Genoil's GHU technology can take refinery residue and turn it into low sulphur fuel oil to meet the 2020 legislation.

20 May 2016