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Bunker Supplier Lanka Marine Wins Sri Lankan Presidential Export Award
Bunker Supplier Lanka Marine Wins Sri Lankan Presidential Export Award
The firm has been granted the Presidential Export Award for best exporter in marine and offshore services for 2023/24 by the Sri Lanka Export Development Board.
19 Feb 2025
Econowind Secures €1 Million to Scale Up Wind Propulsion for Bigger Ships
Econowind Secures €1 Million to Scale Up Wind Propulsion for Bigger Ships
With this funding, it aims to expand into the deep-sea market, where an estimated 50,000 vessels operate.
19 Feb 2025
BUNKER PRICES: G20-VLSFO Index Drops for Second Day
BUNKER PRICES: G20-VLSFO Index Drops for Second Day
Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $594.50/mt on Tuesday, reaching its lowest level since February 13.
19 Feb 2025
Insurer Skuld Cautions Against Risks of Cashew Nutshell Biofuels in Shipping
Insurer Skuld Cautions Against Risks of Cashew Nutshell Biofuels in Shipping
Skuld says cashew nutshell liquid biofuels can cause serious problems to the vessel's engine components.
19 Feb 2025
BAR Technologies Sees Wind Power Gaining Ground in Mid-Sized Shipping
BAR Technologies Sees Wind Power Gaining Ground in Mid-Sized Shipping
The company reports a surge in interest from shipowners and operators of handymax bulkers, chemical tankers and general cargo vessels seeking wind-assisted propulsion solutions.
19 Feb 2025
MARKET SURVEY: Q4 Gain Sends 2024 Annual Bunker Hub Demand 4% Higher
MARKET SURVEY: Q4 Gain Sends 2024 Annual Bunker Hub Demand 4% Higher
2024's total sales at the 17 surveyed locations reached 143,575 million mt, up by 4% on the year and the most since 2019.
19 Feb 2025
Oil Steady As Focus Stays On U.S./Russia Talks, Drone Strike Damage
Oil Steady As Focus Stays On U.S./Russia Talks, Drone Strike Damage
Meanwhile, Saudi crude exports drop in September in line with OPEC cuts.
18 Feb 2025
VPS: 2024 Marine Bunker Fuels Review
VPS: 2024 Marine Bunker Fuels Review
Steve Bee of VPS Group discusses the developments in marine fuel quality in 2024.
18 Feb 2025
Colonial Oil Adds New Barge to Boost US East Coast Bunkering
Colonial Oil Adds New Barge to Boost US East Coast Bunkering
The company has taken a new barge to cater to increasing bunker demand in the region.
18 Feb 2025
Oil Exports Return Normal at CPC Terminal: Report
Oil Exports Return Normal at CPC Terminal: Report
Damaged facility is being bypassed.
18 Feb 2025
Lauritzen Bulkers Sees Challenge Procuring Smaller Biofuel Blend Quantities
Lauritzen Bulkers Sees Challenge Procuring Smaller Biofuel Blend Quantities
The firm said finding suppliers willing to deliver 40-100 mt stems of biofuel blends remains difficult.
18 Feb 2025
MAN Energy Solutions Targets 2026 Launch for Ammonia Engine
MAN Energy Solutions Targets 2026 Launch for Ammonia Engine
The two-stroke ammonia engine currently being tested by Mitsui will eventually be installed on a 200,000-dwt bulk carrier.
18 Feb 2025
Wallenius Wilhelmsen Bunkers Biofuel for the First Time in Japan
Wallenius Wilhelmsen Bunkers Biofuel for the First Time in Japan
The firm's vehicle carrier bunkered about 400 mt of B24-VLSFO at the Port of Yokohama.
18 Feb 2025
Core Power Targets Mid-2030s for US Floating Nuclear Plant Debut
Core Power Targets Mid-2030s for US Floating Nuclear Plant Debut
Core Power says floating nuclear plants can be mass-produced and towed to customer locations without the need for complex site preparations.
18 Feb 2025
VPS Hires Chief Financial Officer
VPS Hires Chief Financial Officer
Netherlands-based Frans van Helden has joined VPS as CFO as of this month.
18 Feb 2025
BUNKER PRICES: G20-VLSFO Index Slips Despite Rise in Crude
BUNKER PRICES: G20-VLSFO Index Slips Despite Rise in Crude
Ship & Bunker's G20-VLSFO Index lost $0.50/mt to $595/mt on Monday, paring the previous session's $2/mt gain.
18 Feb 2025
ONE and Yusen Logistics Partner for Biofuel-Powered Shipments
ONE and Yusen Logistics Partner for Biofuel-Powered Shipments
By opting for biofuel-powered shipments, customers can help reduce their scope 3 GHG emissions.
18 Feb 2025
Gasum to Strengthen LNG Supply in NW Europe with New Bunker Vessel
Gasum to Strengthen LNG Supply in NW Europe with New Bunker Vessel
The 7,800 m3 vessel, owned by a joint venture between Gasum and Sirius Shipping, will be chartered by Gasum.
18 Feb 2025
Trump-Led Peace Talks, Caspian Drone Strikes Cause Mild Uptick For Oil
Trump-Led Peace Talks, Caspian Drone Strikes Cause Mild Uptick For Oil
Still, analysts are gloomy about impending market conditions.
18 Feb 2025
Fratelli Cosulich Takes Majority Stake in FEMO Bunker
Fratelli Cosulich Takes Majority Stake in FEMO Bunker
The company has increased its stake in FEMO Bunker to 62%, from 45% in 2023.
17 Feb 2025