All News

Production Deal Signed for Fuel-Saving Retractable Bow Foils

The firm has signed an agreement with Norway-based I P Huse to produce its largest products.

24 Aug 2021

Oil Prices Skyrocket On Emerging Sense That Delta Fears May Be Overblown

But Kemp says don't expect keystone long haul aviation to recover until 2022.

23 Aug 2021

Banks Bet $1.5 Billion on Shipping Firms' Emissions Reduction Plans

Taken together, the sum raised in sustainability-linked credit for the shipping industry so far amounts to a considerable bet on the industry's ability to decarbonise.

23 Aug 2021

Malaysian Authorities Arrest Norwegian Tanker

The Clipper Hermod was arrested on Saturday over allegations of anchoring in Malaysian waters without prior registration.

23 Aug 2021

Panama July Bunker Sales Gain 12.4% on Year

Total sales rose to 378,710 mt last month, climbing from an 11-month low in June.

23 Aug 2021

Methanol Institute Calls For Well-to-Wake Bunker GHG Analysis

The organisation has published a report setting out its policy position ahead of the next MEPC meeting at the IMO and COP 26.

23 Aug 2021

Lignin-Alcohol Bunker Blends Still on the Cards for Maersk

Maersk mooted the idea earlier this year of blending lignin with methanol or ethanol to produce a low-carbon bunker fuel blend with a higher energy density than the alcohols would have on their own.

23 Aug 2021

Global Average Scrubber Spread Drops Below $100/MT For First Time Since January

The spread fell to $99.50/mt on Wednesday and has remained below $100/mt since then.

23 Aug 2021

Oil Headed For 6% Weekly Drop As Analysts Worry About Further Covid Restrictions

One expert concedes that demand outlook is good in many parts of the world.

20 Aug 2021

UK Hydrogen Lobby Chief Quits Over 'Expensive Distraction' of Blue Hydrogen

The UK government launched a new national hydrogen strategy this week, seeking to give support to the production of both green hydrogen -- produced via electrolysis using renewable power -- and blue hydrogen, made using fossil fuels.

20 Aug 2021

UECC's Second Hybrid LNG-Battery Car Carrier Launches in China

The ship was launched at Jiangnan Shipyard this week a year after steel was first cut on the vessel.

20 Aug 2021

Gasum Wins Finnish LNG Bunker Supply Deal

The firm will supply LNG for bunkering to the Finnish Transport Infrastructure Agency and the Finnish Border Guard for the next two years.

20 Aug 2021

DNV Gives Preliminary Approval to Ammonia-Ready Gas-Powered VLCC Design

DNV has given its approval in principle to the tanker design from Samsung Heavy Industries.

20 Aug 2021

Planned Maintenance on Panama Canal in Early September

Planned maintenance will be carried out at the canal's Miraflores Locks from August 29 to September 10.

20 Aug 2021

Oil Continues Downward Spiral On Delta Fears, Fed Initiative

Analysts say demand recovery expectations are not being met.

19 Aug 2021

Weekly Vessel Scrapping Report: 2021 Week 33

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from August 12 – August 18, 2021.

19 Aug 2021

INTERVIEW: Container Giant Maersk Discusses Ramping Up Methanol Supply

Berit Hinnemann, head of decarbonisation business development at Maersk, explains the company's thinking around scaling up its methanol supply in the coming years.

19 Aug 2021

Commodity Firm Montfort to Join Fujairah Bunker Market

The firm will be supplying VLSFO, HSFO and LSMGO from Fujairah and Khor Fakkan from September 1.

19 Aug 2021

VT Group Hires Global Account Manager From Wärtsilä

Claudia Beumer is set to join the firm as global account manager from September 1.

19 Aug 2021

Maersk Secures Green Methanol Bunker Supply

The firm has signed a deal committing REIntegrate and European Energy to establishing a plant in Denmark producing the 10,000 mt/year of green methanol that Maersk's new ship will require.

19 Aug 2021