All News

Roller Coaster Crude Market Dips Again On Demand, Glut Fears

But major banks maintain that a strong market recovery is still on track.

15 Jul 2021

Weekly Vessel Scrapping Report: 2021 Week 28

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 8 – July 14, 2021.

15 Jul 2021

Maersk to Order 12 Methanol-Fuelled 15,000 TEU Boxships: Report

Korea Shipbuilding & Offshore Engineering is expected to win the order.

15 Jul 2021

ZeroNorth Acquires Vessel Optimisation Firm Propulsion Dynamics

Propulsion Dynamics has been working on vessel performance optimisation since its launch in 2002.

15 Jul 2021

Norwegian Firm Takes on Fully Electric Ferry

The vessel is fully powered by its 1,300 kWh battery system, and will mostly be charged overnight.

15 Jul 2021

Samsung Heavy Industries to Build Fuel Cell-Powered LNG Carrier

The company has already developed the design for the carrier, powered by solid oxide fuel cells, and received approval in principle from classification society DNV.

15 Jul 2021

Slow Growth for LNG Bunker Demand in Singapore

Local supplier FueLNG announced its 10th ship-to-ship LNG bunker operation earlier this week.

15 Jul 2021

FSO Tanker Arrested in Singapore

The Prem Pride is currently under arrest at the Changi general purpose anchorage in Singapore after having been arrested on behalf of law firm Haridass Ho & Partners at 10:43 PM on July 9.

15 Jul 2021

OPEC Reaching Output Deal Fails To Impress Traders, Oil Drops Nearly 2%

U.S. gasoline stocks rising by 1 million barrels last week also caused concern.

14 Jul 2021

European Commission Proposes Including Shipping in Emissions Trading System

Under the proposal the emissions from all voyages between EU ports and 50% of those from voyages between the EU and elsewhere would be covered by the ETS.

14 Jul 2021

Container Ship Orderbook Jumps in First Half of 2021

The total orderbook stood at 4.94 million TEU of capacity as of June 30, up from 2.29 million TEU a year earlier.

14 Jul 2021

Panama June Bunker Demand Loses 11% on Month

Total sales fell to 358,827 mt last month, the lowest level since July 2020.

14 Jul 2021

Volkswagen Takes on Four More LNG-Fuelled Car Carriers

Two gas-powered car carriers joined the company's fleet in 2020, and Volkswagen has now ordered four more to enter service in 2023.

14 Jul 2021

Seanery Sees 8% Fuel Savings From Route Optimisation Software

In a trial over the first four months of 2021, Seanergy's Capesize vessels reported savings of up to 12%, and 8% on average, using DeepSea's weather routing and voyage optimisation platform Pythia.

14 Jul 2021

Shutdown at South Africa's Largest Refinery

The Sapref refinery near Durban, run jointly by Shell and BP, has been shut down because of safety and logistical concerns.

14 Jul 2021

Oil Prices Reverse Course, Surge On Expectations Of Tight Market And High Demand

But the IEA warns that volatility will characterize crude trading in the months ahead.

13 Jul 2021

X-Press Feeders Pays Sri Lanka Compensation Over Boxship Sinking

The company has made 'an initial payment' of $3.6 million through its insurers to Sri Lanka.

13 Jul 2021

LNG is 'Product of Choice Today': Peninsula

Earlier this year Peninsula set out plans to set up an LNG bunkering business.

13 Jul 2021

S&B ANALYSIS: Singapore June Bunker Sales Gain 1% on Month

The city-state's total demand reached 4.1 million mt in June, up by 1% from the previous month and by 7.4% from June 2020.

13 Jul 2021

Crowley to Build First Fully Electric Tugboat in US

The tug, to be named eWolf, will replace a conventional one burning more than 30,000 gallons/year of diesel.

13 Jul 2021