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Hanwha Ocean to Build South Korea's Dual-Fuel LNG Polar Research Ship
Jul 3, 2025 ... Ocean has been selected as the preferred bidder to build South Korea's next-generation research icebreaker vessel. The vessel will be built to Polar Class 3 standards and equipped with ...
European Commission Sets Course for New Maritime and Ports Strategy
Jul 3, 2025 ... July 1 in Brussels, hosted by Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas. Industry leaders from ports, shipbuilding, shipping, and inland waterways joined the ...
Arctic Sisu Explores E-Methanol Plant in Finland for Shipping
Jul 1, 2025 ... firm AFRY to carry out a feasibility study for a large-scale e-methane production facility in Kotka, Finland. The project, planned in three phases, would produce up to 950 GWh of renewable ...
Korea and Australia Eye 2029 Launch for Green Shipping Corridor
Jul 1, 2025 ... Korea and Australia have begun work on establishing a green shipping route, with plans to start operations by 2029. The initiative follows an MoU signed in February and marks the first ...
Sea Trader Hires New Sales Manager for Seoul Office
Jul 1, 2025 ... Kong-based bunkering firm Sea Trader International has hired a new sales manager for its Seoul office. Sean Kim has joined the firm as sales manager of its affiliate office in Seoul as of ...
Hong Kong Launches Incentive Scheme to Boost LNG and Methanol Bunkering
Jul 1, 2025 ... Kong has launched a new scheme offering HK$500,000 ($63,695) for each alternative marine fuel bunkering operation using LNG or green methanol, aiming to jumpstart a low-carbon fuel supply at ...
Chimbusco Pan Nation Backs Hong Kong Alternative Fuel Bunkering Drive
Jul 1, 2025 ... fuel supplier Chimbusco Pan Nation (CPN) has signed a memorandum of understanding with the Hong Kong government to help establish the city as a global hub for alternative fuel bunkering and ...
MOL Takes On B30 Biofuel in First Trial for Japanese Power Firm
Jun 30, 2025 ... shipping company MOL has bunkered one of its vessels with B30 marine biofuel in South Korea, marking the first time the blend has been used in a trial for a Japanese power utility ...
WinGD to Deliver Methanol-Ready and Dual-Fuel Engines to Taiwanese Shipowner
Jun 30, 2025 ... Wan Hai Lines had placed orders for multiple 16,000 TEU container vessels with South Korean ...
Oil Rises Minimally As Iran/Israel Ceasefire Falls Under Scrutiny
Jun 25, 2025 ... that Russia is set to raise the shipments of ESPO Blend crude to China from its port of Kozimo in July; loadings are expected at 4 million tons, up from 3.6 million tons in ...
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EU Sees Iran Conflict Impact on Energy Markets as Not Short-Lived

EU Sees Iran Conflict Impact on Energy Markets as Not Short-Lived

EU Energy Commissioner Dan Jorgensen says the bloc's oil import bill has risen by €14 billion since the start of the conflict.

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WTI Hits 6 Year High As Investors Now Doubt Trump's Vow to End Iran War Soon

WTI Hits 6 Year High As Investors Now Doubt Trump's Vow to End Iran War Soon

Meanwhile, OPEC may release more oil to compensate for Hormuz closure.

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World Fuel Services and West Coast Clean Fuels Establish US Methanol Bunkering Capability

World Fuel Services and West Coast Clean Fuels Establish US Methanol Bunkering Capability

The firms delivered a methanol stem in South Florida.

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