All News

Oil Ekes Out Small Gains On Wild Speculation That Recession May Be Avoided

But one analyst warns of falling prompt spreads for WTI.

10 Nov 2022

Bunker Market Takes Stock of 2022's Geopolitical Turmoil

The bunker market has been overwhelmingly driven by geopolitics and the global economy in 2022.

10 Nov 2022

Weekly Vessel Scrapping Report 2022: Week 44

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from November 3 – November 9, 2022.

10 Nov 2022

Lloyd's Register Develops Framework for Alternative Fuel Transition

Both retrofitting and newbuilds will be needed to meet a net zero GHG emissions goal by 2050, the organisation found.

10 Nov 2022

Stena Oil Orders Methanol and Biofuel Bunker Delivery Vessel

The firm has ordered the 2,000 DWT oil products and chemicals tanker from Genka Shipping.

10 Nov 2022

Hapag-Lloyd Reports 67% Jump in Bunker Price in January-September

The firm paid an average of of $755/mt for bunkers in January-September, while its consumption was little changed on the year.

10 Nov 2022

DNV to Support Wind Propulsion Uptake

The cost of wind propulsion systems is coming down as installations increase, according to DNV.

10 Nov 2022

Singapore Trading Firm Nunchi Marine Hires EMEA Sales Representative

Jose Antonio Monroy has joined the firm as EMEA sales representative as of this month.

10 Nov 2022

Marubeni Takes on Wind Propulsion System for Panamax Bulker

The firm has signed a deal with wind propulsion firm Bound4blue to install four suction sails on its bulker the Crimson Kingdom.

10 Nov 2022

More China Covid Cases Causes More Losses For Oil

Meanwhile, Oman speculates that OPEC could enact further output cuts.

9 Nov 2022

MOL Reports Wind Challenger Sail Operation Rate of 70% on Maiden Voyage

The Shofu Maru arrived at Newcastle, Australia on October 24 on the vessel's maiden voyage after delivery.

9 Nov 2022

Environmental Group Takes Aim at Walmart Over Maritime Emissions

The organisation criticised Walmart's not joining either the Green Shipping Challenge or the First Movers Coalition as part of COP27 events in Egypt this month.

9 Nov 2022

Galveston Authority Works With Cruise Lines on Shore Power Provision

The organisations plan to develop a project timeline, specifications, cost estimates and proposed agreements for a shore power system at the port.

9 Nov 2022

France Pledges EUR 300 Million Funding For Maritime Decarbonisation

The project will start with a ten-month consultation with industry players led by a government unit.

9 Nov 2022

Titan Targets 2,400 MT/Year Bio-LNG Production in New Joint Project

Titan, Attero and Nordsol have joined forces for the FirstBio2Shipping project, which is aiming to set up a bio-LNG plant with its first output in early 2024.

9 Nov 2022

EIA Sees Brent Crude at Average $95/bl in 2023

Applying this year's premiums to the new EIA forecast would put average global VLSFO prices next year at about $811/mt, according to Ship & Bunker data.

9 Nov 2022

Oil Resumes Losses On Word Of Covid Increases In China

But some analysts remain focused on low global supplies and a cold winter.

8 Nov 2022

Methanol-Fuelled Ship Orders Outnumber LNG in October

A total of just eight LNG-fuelled ships were added to the orderbook in October.

8 Nov 2022

BUNKER JOBS: Titan Seeks Biofuels Senior Project Development Manager

The firm is looking for candidates with at least 10-15 years of experience.

8 Nov 2022

Ships May Risk Future Eco Activist Inspired Arrest: Report

Marine lawyer tells London seminar that climate change litigation is on the rise.

8 Nov 2022