All News

Hapag-Lloyd, Kuehne + Nagel Agree to 17% CO2 Reduction by 2020
Hapag-Lloyd, Kuehne + Nagel Agree to 17% CO2 Reduction by 2020
The companies say they "want to take advantage of this unique opportunity to influence the logistics sector."
4 Dec 2017
Cuxhaven to Receive Shore Power Supply System for RoRos
Cuxhaven to Receive Shore Power Supply System for RoRos
Siemens says it has received an order from the regional grid operator to supply the key components of a Siharbor shore power supply system at the port.
4 Dec 2017
Wärtsilä to Launch Bunker-Saving VER System
Wärtsilä to Launch Bunker-Saving VER System
The system eliminates the problem of volatile organic compound (VOC) emissions from tankers during laden voyages.
4 Dec 2017
Port of Helsinki Introduces New Incentive to Reduce Vessel Emissions
Port of Helsinki Introduces New Incentive to Reduce Vessel Emissions
A liner traffic vessel can receive a discount of as much as 3 percent for lowered emissions, noise reduction, or investments toward environmental efficiency.
4 Dec 2017
Launch Set for Upgraded Wärtsilä 20 Engine with More Power, Similar Low Bunker Consumption
Launch Set for Upgraded Wärtsilä 20 Engine with More Power, Similar Low Bunker Consumption
The engine is set to be officially launched at the Marintec conference and exhibition.
4 Dec 2017
Total Inks Ten-Year Deal to Supply CMA CGM Newbuilds with LNG Bunkers
Total Inks Ten-Year Deal to Supply CMA CGM Newbuilds with LNG Bunkers
The long term deal is at significant volume.
4 Dec 2017
Post-2020 Bunker Price Uncertainty Preys on Shipping Industry
Post-2020 Bunker Price Uncertainty Preys on Shipping Industry
Hedging one approach but market unknowns loom large
4 Dec 2017
MPA Proposes Voluntary Bunker Consumption Data Collection Scheme
MPA Proposes Voluntary Bunker Consumption Data Collection Scheme
To ensure smooth transition to mandatory scheme from 2019
4 Dec 2017
OPEC Allies Adjust Their Opinion About When Market Rebalance Will Happen
OPEC Allies Adjust Their Opinion About When Market Rebalance Will Happen
Russia says it will happen towards the end of 2018, while others warn of geopolitical risk ruining OPEC's efforts.
1 Dec 2017
Oil Prices Make Delayed Surge on OPEC Deal as the U.S. Emerges as the True Beneficiary of the Extension
Oil Prices Make Delayed Surge on OPEC Deal as the U.S. Emerges as the True Beneficiary of the Extension
Asia is reportedly relying on the Americans for more oil.
1 Dec 2017
Pollution on New Caledonian Beaches Believed Linked to Grounded Kea Trader
Pollution on New Caledonian Beaches Believed Linked to Grounded Kea Trader
A marine pollution alert has now been issued for affected Lifou Island beaches in New Caledonia.
1 Dec 2017
China's MSA Launches New Fuel Inspection Push
China's MSA Launches New Fuel Inspection Push
Hainan MSA has launched an inspection campaign for Ship Pollution Control in the province, effective between November 3, 2017 and December 3, 2018.
1 Dec 2017
CMB Group Christens Hydrogen-Powered Passenger Vessel
CMB Group Christens Hydrogen-Powered Passenger Vessel
CMB Group hails the vessel as the world's first accredited passenger vessel powered by hydrogen in a diesel engine.
1 Dec 2017
Rotterdam Ends Week Flat, 380 CST Hovering Around $350/Mt
Rotterdam Ends Week Flat, 380 CST Hovering Around $350/Mt
But some still see strong market ahead
1 Dec 2017
LNG Marine Fuel Gaining Ground in Newbuild Decisions: Survey
LNG Marine Fuel Gaining Ground in Newbuild Decisions: Survey
Nearly half of respondents have favourable view of the alternative bunker fuel
1 Dec 2017
Aegean Agrees $750m Three-Year Facility with Lenders
Aegean Agrees $750m Three-Year Facility with Lenders
The deal takes over from previous $1bn one-year credit arrangement.
1 Dec 2017
Lone Analyst Raises Matter of Potential Cutback Cheats as Libya, Nigeria Agree to Join Extended OPEC Cuts
Lone Analyst Raises Matter of Potential Cutback Cheats as Libya, Nigeria Agree to Join Extended OPEC Cuts
Helima Croft wonders if the new OPEC president will get tough on cutbacks offenders.
30 Nov 2017
Oil Deal Extension Fails to Boost Prices and Saxo Bank Makes the Case for $35/Bbl Crude in 2018
Oil Deal Extension Fails to Boost Prices and Saxo Bank Makes the Case for $35/Bbl Crude in 2018
Analysts now saying they didn't expect excited response from an OPEC agreement anyway.
30 Nov 2017
Weekly Vessel Scrapping Report: 2017 Week 46
Weekly Vessel Scrapping Report: 2017 Week 46
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 23 – November 29, 2017.
30 Nov 2017
Bunker Suppliers Must Prepare For the End of Fossil Fuel Bunkers Within 25 Years: ICS
Bunker Suppliers Must Prepare For the End of Fossil Fuel Bunkers Within 25 Years: ICS
But exactly what technologies will allow the transition to take place "we can't yet anticipate," says ICS Director of Policy, Simon Bennett.
30 Nov 2017