All News

IBIA: IMO Fails to Improve Clarity of 0.50% Sulfur Limit Enforcement

IBIA Director Unni Einemo sets out recent developments at the IMO on how the 0.50% sulfur limit is enforced.

20 Jul 2021

Methanol Institute Adds Two More Shipping Company Members

MSC Group and Oldendorff Carriers have joined the Methanol Institute.

20 Jul 2021

Seawing Kite System Chosen for LNG-Fuelled K Line Bulker

The 210,000 DWT Capesize bulker will be built by Nihon Shipyard Co and is due for delivery in the first half of 2024.

20 Jul 2021

Canada Plans November Restart for Cruise Industry

The ban on cruise ships in Canadian waters will be lifted from November 1 if operators 'are able to fully comply with public health requirements'.

20 Jul 2021

Small Monthly Decline for Fujairah Bunker Sales in June

Total sales excluding marine lubricants dropped to 666,164 m3 last month, from 667,818 m3 in May.

20 Jul 2021

Oil Plummets on OPEC Agreement And Covid Fears, But Analysts Maintain Positive Outlook

CITI sees oil hitting $85 due to pent up leisure demand.

19 Jul 2021

Japanese Working Group Recognises Synthetic Gas as Zero-Emission Bunker Fuel

The Ship Carbon Recycling Working Group of Japan's Carbon Capture & Reuse Study Group made the determination after producing a technical paper on the subject.

19 Jul 2021

Non-Scrubber VLCC Spot Rates Hit Record Low

The low earnings are also linked to a wider premium between HSFO used in scrubber-equipped ships and VLSFO used in those without.

19 Jul 2021

Titan LNG and Petronas Bunker New Gas-Powered Tanker in Malaysia

The two firms supplied Furetank Rederi's new tanker the Fure Viten with LNG bunkers at Pasir Guadang on July 15.

19 Jul 2021

BC Ferries Hikes Fares on Rising Bunker Prices

The company is reducing the fuel rebate offered to its customers from 1.5% to 0.5% as of August 1.

19 Jul 2021

Gasnor Signs Norwegian LNG Bunkering Deal

Under the deal Gasnor will bunker Wintershall's vessels on the Norwegian Shelf with LNG, starting with the Viking Princess.

19 Jul 2021

International Seaways Completes Merger With Diamond S Shipping

The newly merged company will continue to operate under the name International Seaways.

19 Jul 2021

Covid Fears Cause Biggest Weekly Crude Decline Since March

Investors are also impatient to see Saudi, UAE deal formalized.

16 Jul 2021

IBIA Ups Annual Membership Fees

From September 1 IBIA's individual annual membership fee will rise to £300.

16 Jul 2021

Wärtsilä Sees Pure Ammonia-Fired Engine by 2023

The company already has a test engine running 'very well' on a 70% ammonia blend.

16 Jul 2021

Sharp Drop in Piracy and Armed Robbery at Sea in Asia

A total of 37 incidents and attempted incidents were reported in Asia in the first six months of the year.

16 Jul 2021

New Joint Venture Emerges to Build Ammonia Bunkering Facilities

Azane Fuel Solutions is a JV formed by Norway's ECONNECT Energy and Amon Maritime.

16 Jul 2021

MOL Seeks to Boost Methanol Bunkers With Waterfront Shipping Stake

MOL is set to take a 40% stake in Waterfront for $145 million, with parent company Methanex Corporation retaining the remaining 60%.

16 Jul 2021

Hong Kong's May Fuel Oil Imports Nearly Double on Month

Fuel oil imports totalled 604.7 million litres in May, up by 96.1% from April's level but down by 28.6% from the same month a year earlier.

16 Jul 2021

Shell Joins Forces with Container Line MSC on Shipping Decarbonisation

The two companies will seek to develop 'safe, sustainable and competitive' technologies to reduce emissions.

16 Jul 2021