All News

MEPC80: IMO Line on Carbon Offsetting Remains Ambiguous For Now

The UN body is remaining coy about whether it will allow the use of carbon offsets to achieve its decarbonisation goals, according to Tristan Smith and Alison Shaw of UMAS.

7 Jul 2023

MEPC80: Agreement Hits Right Note for Green Investment

ZESTA secretary general tells Ship & Bunker that MEPC80's historic decision means that the real work can begin.

7 Jul 2023

Emulsion Fuels Firm Quadrise Carries Out Additional Share Placement

The company has placed an additional 88 million shares at 1.25 GBp each.

7 Jul 2023

MEPC80: Bunker Holding Backs IMO GHG Deal as 'Step in Right Direction'

"Bunker Holding Group is well-prepared to follow this path," CEO Keld Demant tells Ship & Bunker.

7 Jul 2023

MEPC80: Adoption of 2023 IMO GHG Strategy 'Monumental', says SG Kitack LIm

But agreement not end in itself and work will 'intensify' in the coming years.

7 Jul 2023

KPI OceanConnect to Apply Blockchain Technology to Bunker Carbon Offset Trading

The company is set to collaborate with accounting firm Deloitte and blockchain-based payments institution ZTLment on the project.

7 Jul 2023

MEPC80: IMO Sets Shipping on Course for Net-Zero GHG Emissions 'By or Around 2050'

The strategy sets a level of ambition of GHG emissions from shipping peaking as soon as possible and reaching net-zero 'by or around 2050, taking into account different national circumstances'.

7 Jul 2023

Singapore's MPA Expects Ammonia Bunkering From 2026: Report

2026 is the earliest deadline Singapore's Maritime and Port Authority currently foresees for the launch of ammonia bunkering.

7 Jul 2023

BUNKER PRICES: VLSFO and MGO Prices Diverge

Bunker fuel prices saw an unusual divergence on Thursday, with VLSFO prices mostly declining while MGO prices advanced.

7 Jul 2023

Economic Fears Cripple Oil Trading, But Saudis Express Market Confidence

Meanwhile, conflicting views are expressed regarding impending output cutbacks.

6 Jul 2023

Up to 60 Methanol Propulsion Boxship Retrofits on the Way: MAN

MAN PrimeServ has signed a deal with Seaspan Corporation in collaboration with Hapag-Lloyd to convert 15 boxships to methanol propulsion, with the option of 45 additional vessels.

6 Jul 2023

Weekly Vessel Scrapping Report 2023: Week 26

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from June 29 – July 5, 2023.

6 Jul 2023

MEPC80: Funds Need Certainty to Move on Green Fuels

Without it, investors could go elsewhere to the detriment of shipping, says ZESTA secretary general Madadh MacLaine.

6 Jul 2023

Balearia Returns to 100% LNG Bunker Use on Dual-Fuelled Ferries

The firm has raised its LNG bunker use to 100% on its ten dual-fuelled ferries in recent weeks.

6 Jul 2023

MEPC80: Discussions Continue in IMO GHG Working Group

The working group has been discussing GHG strategy since Monday, and was working into Wednesday evening.

6 Jul 2023

Ørsted Orders Second Methanol-Fuelled Offshore Service Vessel

The ship is due for delivery in 2026, and follows the order of a similar methanol-fuelled vessel last year.

6 Jul 2023

MOL Sets Out Detailed Roadmap to 2050 Net Zero Emissions

The firm aims for at least 5% of its bunker volumes to be zero-emission fuels by 2030.

6 Jul 2023

BUNKER PRICES: G20-VLSFO Index Rallies

Ship & Bunker's G20-VLSFO Index rose by $1/mt to $593/mt on Wednesday, having reached the lowest level since June 28 the previous day.

6 Jul 2023

BUNKER JOBS: ElbOil Seeks Bunker Trader in London

The company is looking for candidates with a strong desire to build a career in marine fuel sales, and preferably some experience in bunkering or shipping.

6 Jul 2023

Oil Prices Ramp Up, But Analysts Warn Of Bearish Trading Ahead

Economic fears continue to dominate investment strategies.

5 Jul 2023