All News

Svitzer Seeks to Develop Methanol Fuel Cell-Powered Tug

The vessel may be in operation by the first quarter of 2024.

9 Nov 2021

Oil Pares Gains On Fears That Biden's SPR Strategy Is Ineffective

Meanwhile, the UAE said oil would be twice as expensive without OPEC.

8 Nov 2021

Oilmar DMCC: How to Improve KYC Checks in the Bunker Industry

Maaz Ahmed, team leader at bunker trading firm Oilmar DMCC, looks at the challenges of counterparty checks in the marine fuel market.

8 Nov 2021 · Maaz Ahmed, Oilmar DMCC

Mozambique Sees First VLSFO Supply Operation

Mozambique Civitas Logistics, part of the Civitas Partners Group, has launched VLSFO supply at the Port of Nacala as of November 8.

8 Nov 2021

BC Ferries Hikes Fares on Rising Bunker Prices

The company is set to remove its 0.5% fuel fare rebate as of December 1.

8 Nov 2021

Scandilines Orders Battery-Powered Ferry

The firm has ordered the ship from the Cemre Shipyard in Turkey for delivery in 2024.

8 Nov 2021

Japan's MOL Takes Delivery of Dual-Fuelled Methanol Carrier

The ship can mix water into its methanol fuel, allowing it to meet Tier 3 NOx regulations without the use of a scrubber.

8 Nov 2021

Oil Rises As All Eyes On Washington Following OPEC Rebuff

But one trader says the U.S.'s SPR solution won't do much to lower pump prices.

5 Nov 2021

Dan-Bunkering Continued to Sell Jet Fuel After Danish Regulator Raised Concerns

The company received a letter from the Danish Business Authority in late December 2016 saying it suspected it was selling jet fuel that was ending up in Syria.

5 Nov 2021

Biofouling Can Add 55% to Ship's GHG Emissions: IMO Report

Preliminary findings of the report presented at COP 26 this week show the shipping industry has underestimated the effect.

5 Nov 2021

Fujairah HSFO Tightness Widens Premium to Singapore to Most Since June 2020

HSFO at Fujairah stood at $502.50/mt on Wednesday, according to Ship & Bunker pricing, $32/mt higher than Singapore's level.

5 Nov 2021

Anglo American Sets 2040 Net Zero Emission Freight Target

The company has also set a target of a 30% reduction in emissions from its ocean freight activities by 2030.

5 Nov 2021

Sing Fuels Reports 20% Bunker Volumes Growth in 2020-21

The company saw revenues climb by 45% and its marine fuel sales volumes jump by 20% in the 12 months to September 30.

5 Nov 2021

Reaching Net Zero by 2050 Will be Easier than Expected: Maersk

We initially thought the challenge would be to develop a new way to run ships, says CEO Soren Skou.

5 Nov 2021

DHT Brings Forward Scrubber Retrofits

Tanker owner taking advantage of weak freight market.

5 Nov 2021

Oil Plummets Again As OPEC Rejects U.S. Pressure To Boost Output

Russia cites lower European consumption as a sign the pandemic still limits demand.

4 Nov 2021

MOL to Develop Ammonia-Fuelled Vessel

The large-size ammonia carrier will also powered by ammonia fuel.

4 Nov 2021

Achieving Net Zero by 2050 Not in Shipowners' Hands: INTERCARGO

Chairman Dimitrios Fafalios says INTERCARGO "fully supports the drive to achieve zero emission shipping by 2050."

4 Nov 2021

Bunker Industry at the Forefront of Shipping Transformation, Says IMO's Lim

IMO Secretary General's comments among several key messages as IBIA wraps up its annual two-day convention.

4 Nov 2021

Trafigura to Run 18% of Fleet on Green Ammonia by 2030

The company expects to own and operate six vessels running on ammonia by 2030.

4 Nov 2021