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Singapore Court Orders Winding Up of Bunker Firm Costank
Mar 27, 2026 ... Huat and Yeo Boon Keong of Technic Inter-Asia Pte Ltd have been appointed as joint and several liquidators to manage the company’s affairs, as per the notice. Following the ruling, all ...
Shipping Banks Face Hidden Systemic Risk from Energy Transition: UCL Study
Mar 27, 2026 ... risks posed by the energy transition, despite appearing insulated from losses at the individual loan level, according to a new UCL study. The report finds that traditional ship finance ...
Japan Pushes to Drop IMO Fund Payments in Net-Zero Framework
Mar 27, 2026 ... trading surplus units, rather than being required to pay into the proposed IMO Net-Zero Fund, it said in a proposal to the IMO’s Maritime Environment Protection Committee on March 18. The ...
Aurora Hydrogen Gets Funding to Advance LNG-to-Hydrogen Tech for Shipping
Mar 27, 2026 ... NORD Group, highlights growing industry interest in leveraging LNG infrastructure, the firm said in an email statement on Thursday. Aurora’s microwave-driven methane pyrolysis process ...
Norsepower and Cosco Unit Team Up to Scale Rotor Sails Production
Mar 27, 2026 ... framework covering manufacturing, sales, installation, service and joint engineering, Norsepower said in a statement on its website on Thursday. The move comes as demand for wind propulsion ...
Glocal Green Signs Green Methanol Supply Deal with Heidelberg Materials
Mar 27, 2026 ... Glocal Green has signed a green methanol offtake agreement with Heidelberg Materials’ Norwegian unit, alongside plans to establish a bunkering facility at Breviksterminalen in ...
European Industry Groups Call for Support to Scale-Up Biomethane Supply
Mar 27, 2026 ... as chemicals, metals, maritime and fertilisers that will continue to rely on gaseous fuels, they said in a joint declaration published on the Cefic website on Tuesday. However, the group warned ...
Asia Bunkering Update
Mar 27, 2026 ... bunker stems in Singapore, the world’s largest marine fuels hub, remains difficult as the Middle East conflict tightens fuel oil flows. Lead times of over 10 days are generally ...
Next Stop: $150 Oil As Traders Brace For Near-Term Volatility
Mar 26, 2026 ... sentiment and thinking a truce to the hostilities may be distant. After U.S. president Donald Trump told media that Iran is “begging to work out a deal," but added ...
StormGeo Says Commercial Blind Spots Undermine Voyage Optimisation
Mar 26, 2026 ... for commercial factors such as charter terms, fuel costs and market conditions, the firm said in an emailed statement on Thursday. “Voyage optimization has become an industry ...
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UCL and RMI Study Says GHG Pricing Critical for Shipping's Energy Transition

UCL and RMI Study Says GHG Pricing Critical for Shipping's Energy Transition

The study finds that EU-only measures would fail to drive global fleet decarbonisation.

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Seascale Energy Navigates Volatile Q1 as Middle East Crisis Reshapes Bunker Markets

Seascale Energy Navigates Volatile Q1 as Middle East Crisis Reshapes Bunker Markets

The company says bunker fuel remains available but is increasingly uneven, more expensive and operationally constrained.

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Hormuz Confusion Boosts Oil As Weekend U.S./Iran Talks Loom

Hormuz Confusion Boosts Oil As Weekend U.S./Iran Talks Loom

Meanwhile, Goldman predicts $100 oil on average for 2026 if the blockage persists.

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