All News

Maersk Q2 Bunker Consumption Gains 16.8% on Year

The firm used 2.7 million mt of bunkers in the second quarter, up from 2.3 million mt in the same period a year earlier.

6 Aug 2021

Scorpio Tankers Invests in Methanol-Fuelled Shipping

The firm has taken a minority stake in a portfolio consisting of five refined product and methanol tankers designed to run on methanol and four ice-class LR1 product tankers.

6 Aug 2021

New Bunker Supply Operation in Indonesia

The port authority has signed a memorandum of understanding with PT Pertamina Patra Niaga to set up bunker supply in the Sunda Strait and other Indonesian waters.

6 Aug 2021

MOL Takes on Two LPG-Fuelled VLGCs

MOL subsidiary Phoneix Tankers has signed a deal with Namura Shipbuilding to build the ships.

6 Aug 2021

Emulsion Fuel Firm Quadrise Nears End of Utah Production Testing

The firm has now received samples from one of its units run by Greenfield Energy in Utah.

6 Aug 2021

Oil Prices Up Slightly As Unemployment Claims Continue To Drop

But experts continue to be swayed by grim Covid news from Asia, U.S.

5 Aug 2021

Weekly Vessel Scrapping Report: 2021 Week 31

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 29 – August 4, 2021.

5 Aug 2021

US Regulator to Quiz Eight Container Lines on Surging Freight Costs

CMA CGM, Hapag-Lloyd, HMM, Matson, MSC, OOCL, SM Line and Zim have been asked to submit evidence.

5 Aug 2021

Container Line MSC 'Does Not Recognise' Allegations in Shipper's Lawsuit

MSC said it received no formal complaint before the lawsuit was filed.

5 Aug 2021

Fremman Capital Completes Acquisition of Testing Firm VPS

The firm has finalised the purchase of IK Investment Partners' stake in VPS.

5 Aug 2021

Baltic Exchange Adds CO2 Emissions Data to Spot Freight Assessments

For each route it assesses the company is adding total CO2 emissions indications based on both full and eco speeds, as well as Energy Efficiency Operating Indicator (EEOI) values.

5 Aug 2021

Japanese Firms Test Marine Carbon Capture System at Sea

Mitsubishi Shipbuilding, K Line and ClassNK have been working together on the project.

5 Aug 2021

World's Largest Container Ship Runs on HSFO and Scrubber

Evergreen Marine's new 23,992 TEU boxship the EVER ACE has taken over as the world's largest.

5 Aug 2021

Hin Leong Founder's Daughter Charged With Obstructing Justice

Lim was charged with a single count of obstructing the course of justice at a Singapore court on Wednesday.

5 Aug 2021

Analysts Dismayed As Nervous Traders Cause Oil Prices To Plummet For Third Straight Day

All signs indicate that demand recovery overall is still strong, despite Delta.

4 Aug 2021

Japanese Firms Join Forces to Develop Hydrogen-Fuelled Ship Engines

Kawasaki Heavy Industries, Yanmar Power Technology and Japan Engine Corporation have signed a deal to set up HyEng Corporation, a new joint venture.

4 Aug 2021

Solar-Electric Boat Completes 45-Day Voyage in North America

The Solar Sal, piloted by owners David and Alex Borton, made its way from Bellingham, Washington to Juneau, Alaska over the summer.

4 Aug 2021

Tropic Oil Hires Marine Sales and Operations Specialist

Pierce Conlin has joined the firm in Miami as marine sales and operations specialist.

4 Aug 2021

BUNKER JOBS: Recruitment Firm Advertises Dubai Trader Roles

The firm has 'full financial backing to fuel and sustain their growth plans'.

4 Aug 2021

Tensions Rise in Gulf of Oman Following Bitumen Tanker Hijacking

Armed men boarded the bitumen tanker Asphalt Princess on Tuesday in the Gulf of Oman.

4 Aug 2021