All News

Gasnor Signs Norwegian LNG Bunkering Deal

Under the deal Gasnor will bunker Wintershall's vessels on the Norwegian Shelf with LNG, starting with the Viking Princess.

19 Jul 2021

International Seaways Completes Merger With Diamond S Shipping

The newly merged company will continue to operate under the name International Seaways.

19 Jul 2021

Covid Fears Cause Biggest Weekly Crude Decline Since March

Investors are also impatient to see Saudi, UAE deal formalized.

16 Jul 2021

IBIA Ups Annual Membership Fees

From September 1 IBIA's individual annual membership fee will rise to £300.

16 Jul 2021

Wärtsilä Sees Pure Ammonia-Fired Engine by 2023

The company already has a test engine running 'very well' on a 70% ammonia blend.

16 Jul 2021

Sharp Drop in Piracy and Armed Robbery at Sea in Asia

A total of 37 incidents and attempted incidents were reported in Asia in the first six months of the year.

16 Jul 2021

New Joint Venture Emerges to Build Ammonia Bunkering Facilities

Azane Fuel Solutions is a JV formed by Norway's ECONNECT Energy and Amon Maritime.

16 Jul 2021

MOL Seeks to Boost Methanol Bunkers With Waterfront Shipping Stake

MOL is set to take a 40% stake in Waterfront for $145 million, with parent company Methanex Corporation retaining the remaining 60%.

16 Jul 2021

Hong Kong's May Fuel Oil Imports Nearly Double on Month

Fuel oil imports totalled 604.7 million litres in May, up by 96.1% from April's level but down by 28.6% from the same month a year earlier.

16 Jul 2021

Shell Joins Forces with Container Line MSC on Shipping Decarbonisation

The two companies will seek to develop 'safe, sustainable and competitive' technologies to reduce emissions.

16 Jul 2021

Roller Coaster Crude Market Dips Again On Demand, Glut Fears

But major banks maintain that a strong market recovery is still on track.

15 Jul 2021

Weekly Vessel Scrapping Report: 2021 Week 28

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

15 Jul 2021

Maersk to Order 12 Methanol-Fuelled 15,000 TEU Boxships: Report

Korea Shipbuilding & Offshore Engineering is expected to win the order.

15 Jul 2021

ZeroNorth Acquires Vessel Optimisation Firm Propulsion Dynamics

Propulsion Dynamics has been working on vessel performance optimisation since its launch in 2002.

15 Jul 2021

Norwegian Firm Takes on Fully Electric Ferry

The vessel is fully powered by its 1,300 kWh battery system, and will mostly be charged overnight.

15 Jul 2021

Samsung Heavy Industries to Build Fuel Cell-Powered LNG Carrier

The company has already developed the design for the carrier, powered by solid oxide fuel cells, and received approval in principle from classification society DNV.

15 Jul 2021

Slow Growth for LNG Bunker Demand in Singapore

Local supplier FueLNG announced its 10th ship-to-ship LNG bunker operation earlier this week.

15 Jul 2021

FSO Tanker Arrested in Singapore

The Prem Pride is currently under arrest at the Changi general purpose anchorage in Singapore after having been arrested on behalf of law firm Haridass Ho & Partners at 10:43 PM on July 9.

15 Jul 2021

OPEC Reaching Output Deal Fails To Impress Traders, Oil Drops Nearly 2%

U.S. gasoline stocks rising by 1 million barrels last week also caused concern.

14 Jul 2021

European Commission Proposes Including Shipping in Emissions Trading System

Under the proposal the emissions from all voyages between EU ports and 50% of those from voyages between the EU and elsewhere would be covered by the ETS.

14 Jul 2021