World News

Nissen Kaiun Takes Stake in Dutch Wind Propulsion Firm Econowind

Econowind has delivered more than 130 of its suction-based VentoFoils globally, mainly for short-sea trades, but sees Nissen Kaiun's backing as a springboard into deep-sea markets.

17 Sep 2025

Oil Rises As Reduced Russia Output Capacity Due To Ukraine Strikes Is Assessed

Meanwhile, Iranian crude discounts for China reach new heights.

16 Sep 2025

Bound4blue Wins LR Validation for Wind Propulsion Methodology

Validation gives owners a clear path to unlock FuelEU wind rewards and EEXI credits.

16 Sep 2025

Don't Discard LNG and Biofuels in IMO's Net Zero Framework: ABS Chief

ABS warns shipping and the IMO are on different trajectories.

16 Sep 2025

H2C and LR Join Forces to Boost Confidence in Green Fuel Certificates

H2C has partnered with Lloyd's Register to boost confidence in emission reduction claims.

16 Sep 2025

Isle of Man Becomes First Flag State to Join Methane Abatement Group MAMII

The Isle of Man Ship Registry has joined SafetyTech Accelerator's methane abatement initiative.

16 Sep 2025

BUNKER PRICES: G20-VLSFO Index Holds Steady as Crude Rises

Global VLSFO prices remain at their lowest level since early May.

16 Sep 2025

Weekend Ukraine Drone Strikes Stir Supply Tensions, Oil Rises

Meanwhile, Ukraine cuts ties with India diesel suppliers.

15 Sep 2025

Hawks Group Expands with New Istanbul Trading Office

Hawks Group has opened a new Istanbul office with Cemil Ünsal and Göksu Mete as bunker traders.

15 Sep 2025

Maersk Dual-Fuel Methanol Boxship Fleet Expands to 16

Maersk aims to deploy 19 dual-fuel boxships by year-end.

15 Sep 2025

2025 VPS Maress Decarbonization Campaign Sees Average 10% Fuel Saving

More than 300 vessels from 12 shipping companies joined the campaign in June to August, seeking to improve vessel operating efficiency and lower fuel consumption.

15 Sep 2025

INSIGHT: Maritime Leaders Must Act Now to Meet Climate Targets

Jari Yli-Tolppa of Elomatic sets out the need for urgent action to drive shipping's energy transition.

15 Sep 2025 · Jari Yli-Tolppa, Vice President for Shipowner Services, Elomatic

Shipping to Reach 50 Mtoe Alternative Fuel Capacity by 2030: DNV

DNV says LNG will account for a major chunk of the shipping industry's alternative fuel consumption.

15 Sep 2025

Emulsion Fuels Firm Quadrise Hires New CEO

Peter Borup is set to join Quadrise as CEO as of October 1.

15 Sep 2025

BUNKER PRICES: G20-VLSFO Index Sinks for Seventh Day

Global VLSFO prices remain at their lowest level since early May.

15 Sep 2025

More Gains For Oil As Traders Shift Gears, Worry About Supply Flows

Meanwhile, Trump wants to come down "very strong" on China and India.

12 Sep 2025

MGN Bunkering Appoints New Managing Director

Emin Sadirov has taken on the role of managing director of MGN Bunkering as of this month.

12 Sep 2025

DNV Approves Design of Liquified Hydrogen Carrier

DNV confirmed the feasibility of SHI's liquefied hydrogen carrier design with an AiP.

12 Sep 2025

Indian Port Operator Adani Group Bans Entry of Western-Sanctioned Tankers: Report

The decision may hamper Indian imports of Russian crude.

12 Sep 2025

BUNKER PRICES: G20-VLSFO Index Sinks to Five-Week Low

Global VLSFO prices are at their lowest level since early May.

12 Sep 2025