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V Group Acquires Fuel Efficiency Firm Njord
Jan 6, 2026 ... to become the leading fuel-efficiency and decarbonisation advisor and service provider," René Kofod-Olsen, CEO of V Group, ...
Rotterdam and Antwerp-Bruges Mass Flow Meter Mandate Enters into Force
Jan 6, 2026 ... global momentum continues to build. Discussions at the IBIA Annual Convention in Hong Kong in November 2025 indicated that South Korea could mandate MFM deliveries as early as ...
Exmar Conducts Its Largest Ship-to-Ship Ammonia Transfer in Oman
Jan 5, 2026 ... (STS) transfer of ammonia to date in Oman. The firm’s 38,500 m3 capacity gas carrier, Kortrijk, discharged a full cargo of ammonia in an STS operation in collaboration with Trammo in ...
Samsung Heavy Industries Secures Contract for Two LNG Carriers
Jan 2, 2026 ... Korea's Samsung Heavy Industries has secured a contract from an unnamed Oceania region shipowner to build two LNG carriers. The shipbuilding contract is worth KRW 721 billion ($ 499 ...
WTI Ends 20% Lower For The Year As Even Worse Prospects Forecast For 2026
Dec 31, 2025 ... 2025, and that the surplus will worsen in the months to come. Kaynat Chainwala, an analyst at Kotak Securities Ltd., said prices should stay range-bound between $50 and $70, "with strong ...
Vinssen Launches Korea's First Hydrogen Fuel Cell-Powered Vessel
Dec 31, 2025 ... Korean fuel cell firm Vinssen has launched South Korea's first hydrogen-fuel cell-powered vessel. The Hydro Zenith has been developed under the Ministry of Oceans and Fisheries' interim ...
HD Hyundai Validates Ethanol Use on Its Dual-Fuel Marine Engine
Dec 31, 2025 ... Korea's HD Hyundai Heavy Industries has validated the use of ethanol fuel on its four-stroke dual-fuel marine engine. The company carried out combustion and operational tests using ethanol ...
CBL International Facilitates First LNG Bunkering for BYD Vessel at Xiaomo Port
Dec 31, 2025 ... said. CBL facilities bunkering of ships at 65 major ports, including those in Belgium, China, Korea and Hong ...
Yokohama to Waive Port Fees for Methanol and Biofuel-Powered Ships from 2026
Dec 31, 2025 ... or biofuel blends will be exempt from port entry fees when calling at the Japanese port of Yokohama from January 2026. Ships using B24 or higher biofuel blends must bunker at least 300 mt to ...
Vinssen Develops Fuel Cell System for Ammonia-Fuelled Tanker Concept
Dec 30, 2025 ... Korean fuel cell firm Vinssen has developed the fuel cell system design for an ammonia-fuelled tanker concept that aims to rely entirely on fuel cells for propulsion and onboard power. The ...