All News

Hapag-Lloyd's Antifouling Measures Cut Fuel Consumption by 15%

Last year the new measures were carried out on 39 of the company's ships, delivering fuel savings of about 15%.

28 Apr 2021

Oil Gains on Strong Demand Rebound Sentiment, OPEC Initiatives

China's demand is reportedly above pre-pandemic levels.

27 Apr 2021

BLUE's Adrian Tolson Paints Grim Picture of US Gulf Bunker Market

The problems for the market started with both local supply and demand being thrown into disarray by the pandemic a year ago.

27 Apr 2021

Explosion Off Yanbu Was Saudi Military Operation

The Saudi navy intercepted a 'bomb-laded unmanned surface vehicle' in the Red Sea at about 6:40 local time on Tuesday morning.

27 Apr 2021

Further Transparency Could Help Drive Marine Decarbonisation: Monjasa

Shipping companies are increasingly taking note of their carbon emissions ahead of the International Maritime Organization's target of cutting CO2 emissions per transport work by at least 40% from 2008's levels by 2030.

27 Apr 2021

Singapore is 'Catching Up' With Europe on Alternative Bunkers: Fratelli Cosulich

CEO Timothy Cosulich noted developments including the issuing of the city-state's third LNG bunkering licence to Total this year, and said at least two more LNG bunker barges would be deployed in Singapore this year.

27 Apr 2021

Japan: Consortium to Build Hydrogen-fuelled Engines

Engine makers use tougher GHG targets to speed up development.

27 Apr 2021

Australia: Cruise Demand Collapse Hurts Bunker Sales

But country's remaining refineries hope to gain from recent plant closures.

27 Apr 2021

Unconfirmed Reports of Saudi Tanker Attack Off Yanbu: Dryad Global

The United Kingdom Maritime Trade Operations (UKMTO) organisation is aware of an incident in the area at about 6:30 am UTC on Tuesday.

27 Apr 2021

Wartsila Sees Potential in Carbon Capture

Increase in demand for carbon storage could prompt need for carbon transporters.

27 Apr 2021

Maersk Upgrades 2021 Container Market Growth Estimate to 5-7%

Maersk has upgraded its container market growth forecast for 2021 to 5-7% from 2020's levels.

27 Apr 2021

Former CFO of Singapore Bunker Supplier Coastal Oil Pleads Guilty to Bank Fraud

On Monday former CFO Ong Ah Huat pleaded guilty to 15 of the 58 charges against him, mainly abetment of forgery and cheating.

27 Apr 2021

Höegh Car Carrier Needs Just 'Minor Modifications' to Run Zero-Carbon Fuels

The company has reduced its carbon emissions per transport work by 37% since 2008 -- almost reaching the International Maritime Organization's target for 2030.

27 Apr 2021

India Inspires Another Round Of Crude Losses, Buffered By OPEC

Analysts assess to what extent rising Covid rates will affect demand recovery.

26 Apr 2021

Norway's First LNG Bunker Barge Commences Operations

The vessel completed its sea trials in four days.

26 Apr 2021

TFG Marine's Mikkel Jacobsen Joins New Commodity Trading Firm Montfort

Montfort is a new commodity trading firm with a particular focus on gasoline, distillates, and crude.

26 Apr 2021

LNG Bunkering Expansion is 'Next Step' For Russia's Gazprom Neft

The company's LNG bunker barge, the Dmitry Mendeleev, is due to undergo sea trials in the spring of 2021 before joining the company's fleet in the second half of this year.

26 Apr 2021

Hydrogen Could Boost Shipping's Green Credentials

But vested interests may hinder progress, a Nor-Shipping panel will hear.

26 Apr 2021

UK Hydrogen Plan Could Hold Clues on Marine Scalability

Government interest in alt fuel high but reaching scale for shipping some way off.

26 Apr 2021

Carnival Drafts Bureau Veritas to Support Cruise Industry Restart

Bureau Veritas will verify safety and hygiene measures on board Carnival's ships with the aim of protecting crew and passengers as normal business resumes.

26 Apr 2021