All News

Maersk Upgrades 2021 Container Market Growth Estimate to 5-7%

Maersk has upgraded its container market growth forecast for 2021 to 5-7% from 2020's levels.

27 Apr 2021

Former CFO of Singapore Bunker Supplier Coastal Oil Pleads Guilty to Bank Fraud

On Monday former CFO Ong Ah Huat pleaded guilty to 15 of the 58 charges against him, mainly abetment of forgery and cheating.

27 Apr 2021

Höegh Car Carrier Needs Just 'Minor Modifications' to Run Zero-Carbon Fuels

The company has reduced its carbon emissions per transport work by 37% since 2008 -- almost reaching the International Maritime Organization's target for 2030.

27 Apr 2021

India Inspires Another Round Of Crude Losses, Buffered By OPEC

Analysts assess to what extent rising Covid rates will affect demand recovery.

26 Apr 2021

Norway's First LNG Bunker Barge Commences Operations

The vessel completed its sea trials in four days.

26 Apr 2021

TFG Marine's Mikkel Jacobsen Joins New Commodity Trading Firm Montfort

Montfort is a new commodity trading firm with a particular focus on gasoline, distillates, and crude.

26 Apr 2021

LNG Bunkering Expansion is 'Next Step' For Russia's Gazprom Neft

The company's LNG bunker barge, the Dmitry Mendeleev, is due to undergo sea trials in the spring of 2021 before joining the company's fleet in the second half of this year.

26 Apr 2021

Hydrogen Could Boost Shipping's Green Credentials

But vested interests may hinder progress, a Nor-Shipping panel will hear.

26 Apr 2021

UK Hydrogen Plan Could Hold Clues on Marine Scalability

Government interest in alt fuel high but reaching scale for shipping some way off.

26 Apr 2021

Carnival Drafts Bureau Veritas to Support Cruise Industry Restart

Bureau Veritas will verify safety and hygiene measures on board Carnival's ships with the aim of protecting crew and passengers as normal business resumes.

26 Apr 2021

Techfast Holdings Seeks Bunker Supply Expansion to Singapore and Hong Kong

The firm is also looking to buy its own bunker delivery vessels, and will seek to expand into LNG bunkering once its conventional fuel business has been established.

26 Apr 2021

Oil Down On The Week, But Demand Recovery Strong In U.S. And Eurozone

However, analysts predict a 20 percent demand drop in Covid-infested India.

23 Apr 2021

BUNKER JOBS: Island Oil Seeks Bunker Trader in London

The company is looking for candidates with at least five years of experience of a bunker trader.

23 Apr 2021

Engen to Turn Durban Refinery Into Storage Terminal

The refinery was hit by a fire at the end of last year which, combined with another blaze at the Cape Town refinery, has significantly curtailed South African bunker production.

23 Apr 2021

UK Mechanical Engineers Back Wind Propulsion for Shipping

Earlier in the week the UK announced plans to include shipping in its next carbon budget, which aims at a 78% reduction in carbon emissions from 1990's levels by 2035.

23 Apr 2021

SMW 2021: Toyota Tsusho Launches Six-Month Biofuel Trial in Singapore

Over the next six months to September 2021, Toyota will test technical properties of biofuels including oxidation and storage stability and emissions.

23 Apr 2021

Euronav Wants New VLCCs to Have Scrubbers and Be LNG- and Ammonia-Ready

The ships are due for delivery in the fourth quarter of 2022 and the first quarter of 2023, cost $186 million and will be fitted with scrubbers and ballast water treatment systems.

23 Apr 2021

Two Ships Boarded in Singapore Strait

The two incidents happened within the space of four hours off Tanjung Pergam in Indonesia on April 17.

23 Apr 2021

Indian Register of Shipping Conducts Biofuel Sea Trials

The classification society tested a blend of 20% biodiesel on board two vessels -- the Ambuja Mukund and the Ambuja Vaibhav -- owned by Ambuja Cements, a unit of Lafarge Holcim.

23 Apr 2021

SMW 2021: Norsepower to Work With Keppel Offshore Unit on Rotor Sail Retrofits

Offshore Technology Development will assist Norsepower with surveys, design work and the installation of its rotor sails.

23 Apr 2021