All News

Weekly Vessel Scrapping Report 2022: Week 38

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from September 22 – September 28, 2022.

29 Sep 2022

Höegh Autoliners Commits to 5% Ammonia or Methanol Use by 2030

The company will run at least 5% of its deep-sea operations on one of the two alternative fuels by 2030.

29 Sep 2022

Methanol or Ammonia Propulsion Add 11-16% to Newbuild Cost: MMMCZCS

The research body published a report on its website on Thursday setting out the practical considerations for converting ships to run on green fuels.

29 Sep 2022

Singapore Bunker Supplier Sentek Faces Charges in Shell MGO Case

The firm will face 42 charges of acquiring property which it knew was another person's benefit from criminal conduct.

29 Sep 2022

PTT, AET Plan Ammonia-Fuelled Aframax Tankers

AET will select the shipyard, and PTT will take the two newbuildings into its fleet under long-term charter from the fourth quarter of 2025 and the first quarter of 2026.

29 Sep 2022

Singapore Bunker Market Unfazed by Glencore's Absence: Source

Little change should be expected when Glencore resumes supplying under its own licence next month, a local market source tells Ship & Bunker.

29 Sep 2022

Cockett Group Hires Trader in Greece

Symeon Tsigaridas has joined the company's Greek operation as a trader as of this month.

29 Sep 2022

Fratelli Cosulich Ammonia Bunker Tanker 'Not Expected Before 2025'

The company does not yet have a firm timeline for a potential order, a representative tells Ship & Bunker.

29 Sep 2022

Singapore's First All-Electric Cargo Vessel to Use 'Pay-as-You-Go' Battery Subscription-Service

Service will play a vital role in revolutionizing the operations of the harbor craft sector in the Port of Singapore, says Shift CEO and Founder, Brent Perry.

29 Sep 2022

Oil Rallies On U.S. Drawdown, But Shale Executives Downgrade Crude For Year-End

Meanwhile, a Baltic Sea calamity adds to analytical concerns.

28 Sep 2022

OOCL Completes its First Biofuel Bunker Trial

"The success of this trial ... gives us increased clarity over the next steps in our decarbonization journey," says Chief Operating Officer, Mr. Kenny Ye.

28 Sep 2022

Matson Joins SEA-LNG

The LNG pathway is an important part of our strategy for reducing the greenhouse gas emissions of our fleet, says Chairman and CEO, Matt Cox,

28 Sep 2022

LNG Vessels in CMA CGMs Latest Order Announcement Already Part of its Order Book

The vessels mentioned in recent announcement will not add to its order book.

28 Sep 2022

Yang Ming Adds Scrubber Equipped Newbuild

Yang Ming will operate the conventionally-powered 11,860 TEU capacity vessel under a long-term time charter.

28 Sep 2022

Tonnage With Wind Propulsion Systems Tops 1 Million DWT

By the end of this year, about 25 large commercial vessels totalling 1.2 million DWT will have the systems installed.

28 Sep 2022

Shipping Company MOL Forms Strategic Partnership to Raise Fleet's Fuel Efficiency

The partnership will target a 5% increase in fuel efficiency from 2019's levels by the end of 2024.

28 Sep 2022

China Merchants Energy Shipping Takes Delivery of VLCC With Four Rotor Sails

The ship's rotor sails are expected to cut fuel consumption by up to 10%.

28 Sep 2022

NYK Line Ammonia Bunkering Vessel Wins ClassNK Approval

ClassNK has awarded the vessel design its approval in principle.

28 Sep 2022

Fratelli Cosulich Plans Ammonia Bunker Tanker Order

Fratelli Cosulich Bunker Singapore and Nantong CIMC Sinopacific Offshore & Engineering have signed a memorandum of understanding for the construction of an ammonia bunker tanker.

28 Sep 2022

Ammonia-Ready, LNG-Fuelled VLCC Wins Bureau Veritas Approval

Bureau Veritas has awarded approval in principle to the ship after a joint project between China Merchants Energy Shipping, TotalEnergies, Dalian Shipbuilding Industry Co and GTT.

28 Sep 2022