All News

Oil Continues Winning Streak On Demand Recovery And Production Restraint

Meanwhile, jet fuel consumption is finally taking off as Covid restrictions ease.

4 Jun 2021

Newport Shipping to Offer LNG Retrofit Service

DNV has awarded its approval in principle to Newport's LNG retrofit fuel tank system for VLCCs and Capesize bulkers.

4 Jun 2021

Peninsula to Operate Gibraltar Strait LNG Bunker Barge With Scale Gas

The vessel will have 12,500 m3 of LNG capacity and will be built at the Hyundai Mipo Shipyard for delivery in June 2023.

4 Jun 2021

MSC Backs Decarbonisation Research Bunker Levy and Carbon Taxes

"Scalable long-term solutions simply do not currently exist for us to deploy on our ships."

4 Jun 2021

Ardmore Shipping's Mark Cameron to Advise Hydrogen Fuel Cell Firm

Cameron has been acting as advisor to the firm since May.

4 Jun 2021

No Further Growth Expected in Rotterdam Bunker Licences

The licensing scheme currently covers 28 companies and about 157 barges.

4 Jun 2021

Maersk Develops Emissions Transparency Tool for Shippers

Maersk's new Emissions Dashboard will give its customers carbon footprint measurements for their entire supply chain, including details on parts of the journey carried out by truck, train, plane and ship.

4 Jun 2021

Oil Prices Decline On Blip In U.S. Gasoline Demand, But Commodity Is "Still Solid"

Meanwhile, overheated market may be overestimated, says Saudi minister.

3 Jun 2021

Weekly Vessel Scrapping Report: 2021 Week 22

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 27 – June 2, 2021.

3 Jun 2021

Maersk Proposes $450/MT Carbon Tax for Bunker Fuel

The suggestion is for a levy of $150 per tonne of carbon dioxide emitted, which would amount to a $450/mt addition to conventional bunker prices.

3 Jun 2021

TFG Marine Supplies Biofuels for Joint Industry Emissions Analysis Project

Italian shipping firm D'Amico Group, Trafigura, ABS, RINA, FOBAS, the Liberian Registry and MAN Energy Solutions are all involved in the project.

3 Jun 2021

Stabilis Sees LNG Bunkering Boost From Port Allen Plant Acquisition

The company has completed its acquisition of the Port Allen LNG plant from HR Nu Blu Energy.

3 Jun 2021

NYK Line Takes Delivery of Gas-Powered LNG Carrier

The company took delivery of the LNG carrier Diamond Gas Crystal on May 31.

3 Jun 2021

Singapore's MPA Seeks to Minimise X-Press Pearl Sinking Environmental Impact

The MPA has been in constant communication with the Sri Lankan authorities, the ship operator and the classification society since the X-Press Pearl caught fire in Sri Lankan waters two weeks ago.

3 Jun 2021

Malaysia's Techfast Holdings Forms Bunkering Joint Venture

Techfast subsidiary Fast Energy has signed a deal with bunkering companies Fultonn Marine and Wise Marine to jointly purchase a bunker tanker.

3 Jun 2021

Yara International Joins Japanese Ammonia-Fuelled Gas Carrier Project

NYK Line, Nihon Shipyard and ClassNK signed a memorandum of understanding on the project with Yara on May 31.

3 Jun 2021

IBIA: Getting to work on Future Fuels

IBIA board member and Starbulk bunker director Constantinos Capetanakis sets out the aims of the organisation's new working group on mapping out the bunker industry's way toward GHG reductions.

2 Jun 2021

US, Denmark and Norway Join Forces on Zero-Emissions Shipping Project

The project will aim for at least 5% of global bunker demand being taken up by ships capable of running on hydrogen-based zero-emission fuels by 2030.

2 Jun 2021

Fire-Stricken Container Ship Off Sri Lanka Begins to Sink

The ship is carrying 278 mt of fuel oil and 50 mt of marine gasoil in its bunker tanks.

2 Jun 2021

BUNKER JOBS: Sing Fuels Seeks Traders for Middle East Expansion

On Tuesday the company announced it was moving its chief operating officer to Dubai.

2 Jun 2021