All News

World Bank Backs Ammonia as Future Bunker Fuel

The bank's report, titled 'The Potential of Zero-Carbon Bunker Fuels in Developing Countries', analyses the prospects of biofuels, hydrogen, ammonia and synthetic carbon-based fuels in the future of the marine fuels industry.

16 Apr 2021

Singapore LNG Bunker Supplier Pavilion Takes On 'Carbon-Neutral' Gas

The well-to-tank carbon emissions associated with the cargo have been offset using carbon credits from Natural Climate Solutions projects.

16 Apr 2021

LNG Bunkering Advocates Update GHG Saving Estimates

The latest study reports well-to-wake GHG emissions reduction compared to VLSFO-fuelled equivalent ships of 14-23% for two-stroke slow-speed engines, and 6-14% for four-stroke medium-speed engines.

16 Apr 2021

INTERVIEW: Singapore Maritime Institute Sets Out Uncertain Alternative Fuels Future

"Singapore cannot hope to be everything to everyone."

16 Apr 2021

Oil Climbs Again As More Analysts Express Confidence Over Demand Recovery

But Wood Mackenzie warns that oil could plunge to $10 by 2050.

15 Apr 2021

Weekly Vessel Scrapping Report: 2021 Week 15

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from April 8 – April 14, 2021.

15 Apr 2021

TFG Marine Completes First Mass Flow Meter Installation at Rotterdam

The company has installed and calibrated one of the meters on its barge the MTS Sydney, chartered from UniBarge, at Rotterdam.

15 Apr 2021

Wärtsilä Scrubber Installations Hit Record High Last Year Despite Narrow Sulfur Spread

Installations had been expected to slow significantly after the crude collapse a year ago delivered a much narrower price spread between HSFO and VLSFO, a key measure of the savings to be made by investing in the technology.

15 Apr 2021

Nigerian Authorities Hold Meeting With Refiners to Discuss VLSFO Availability

NIMASA arranged a two-day meeting from Wednesday in Lagos to discuss the issue.

15 Apr 2021

Heineken Seeks Carbon-Neutral Beer Shipments by 2040

The firm has announced it will be seeking carbon neutrality in its 'full value chain' by 2040, as well as a 30% cut in emissions from 2018's levels by 2030.

15 Apr 2021

Titan Sees Synthetic LNG Available by 2024

Conventional fossil LNG is unlikely to be compatible with the shipping industry's longer-term plans to eliminate carbon emissions.

15 Apr 2021

Engen Tenders to Boost VLSFO Supplies

Reduced domestic refining capacity prompts higher local demand.

15 Apr 2021

New Carbon Offset Advice Service for Shipowners

Shipbroker and carbon specialist join up to help shipping firms find way through emerging carbon reduction landscape.

15 Apr 2021

Trafigura Joins MAN Ammonia Engine Project

Trafigura will co-sponsor MAN's efforts to develop a new fuel-flexible two-stroke engine capable of running on ammonia by 2024.

15 Apr 2021

Biofuel Trial Marks Singapore Expansion for Goodfuels

The Kira Oldendorrf was bunkered in Singapore with biofuel supplied by Goodfuels.

15 Apr 2021

Oil Escapes Holding Pattern With 5% Surge As Traders Embrace Strong Demand Data

Meanwhile, Pioneer CEO predicts another price increase of $10 in the next few weeks.

14 Apr 2021

FEATURE: Bunker Industry Assesses Credit Situation With 10% of Financing Disappearing

Panelists at IBIA's Shipping & Bunkering in Transition conference said as much as 10% of traditional financing for the bunker industry has disappeared, and new lending is only available at a much higher cost.

14 Apr 2021

UECC Launches First Hybrid LNG- and Battery-Powered Car Carrier

The company held a launching ceremony for the new ship, a pure car and truck carrier, on Monday.

14 Apr 2021

Suez Authority's $916 Million Claim Over Ever Given Grounding 'Largely Unsupported'

The Ever Given has been arrested following a successful court application by the authority on Tuesday.

14 Apr 2021

IMO Sees MARPOL Annex VI Wording Complicating Use of Biofuel Bunkers

At IBIA's Bunkering & Shipping in Transition conference on Monday, industry veteran Nigel Draffin noted that the higher nitrogen emissions of biofuels compared with conventional bunkers may be in conflict with regulation 18 of MARPOL Annex VI.

14 Apr 2021