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Targeted IMO Revenue Distribution Could Support Vulnerable Countries: Study
Sep 10, 2025 ... fellow at UCL. "This means that any revenue distributed without a focus on equity (e.g. to subsidise fuels and infrastructure without specifically targeting vulnerable countries)." The ...
LR and HD Hyundai Mipo to Develop Large LNG Bunkering Vessel
Sep 10, 2025 ... an approval in principle (AiP) ceremony at Gastech 2025 in Milan, LR said in a statement on its website on Tuesday. The 22,000 m3 LNG bunkering vessel design boosts delivery capacity to cut ...
BUNKER JOBS: Royal Caribbean Seeks Fuel Derivatives Manager
Sep 9, 2025 ... The company is looking for candidates with at least nine to 12 years of experience in financial or commodity derivatives in a publicly traded company. ...
Bound4blue to Install Wind Propulsion System on BW Epic Kosan's LPG Ship
Sep 9, 2025 ... suction sails can reduce bunker fuel consumption by up to 40%, according to the firm’s website. Wind propulsion systems not only reduce bunker fuel consumption but also help shipowners ...
India's First Fully Electric Tug Set for Deployment in 2026
Sep 9, 2025 ... azimuth thrusters and advanced electrical systems, Kongsberg said in a statement on its website on Friday. The tug, designed with a 60-ton bollard pull, marks Kongsberg Maritime’s first ...
Turkish Market Veteran to Join New Bunker Firm
Sep 8, 2025 ... down as managing director of MGN Bunkering as of September 5, he said last week. MGN is a subsidiary of Turkish shipowner GN Group. He is now set to become global head of trading at a new ...
Cosmo Oil Partners with NX Shoji to Launch Biofuel Bunkering at Tokyo Port
Sep 8, 2025 ... to ships calling at Tokyo port, parent firm Cosmo Energy Holdings said in a statement on its website on Friday. The initiative has been selected under the Tokyo Metropolitan Government’s ...
MOL Gets LR Approval for Two Wind-Assisted LNG Carriers
Sep 8, 2025 ... with HD Hyundai Heavy Industries and Samsung Heavy Industries, MOL said in a statement on its website on Monday. MOL’s initial calculations suggest the Wind Challenger propulsion system could ...
Qatar Navigation Appoints Head of Bunker Sales
Sep 8, 2025 ... at Ras Laffan anchorage, as well as trading marine fuels worldwide, according to the company's ...
BUNKER JOBS: Meratus Group Seeks Head of Bunkering and Fleet Efficiency
Sep 8, 2025 ... The company is looking for candidates with at least eight years of maritime industry and a strong focus on bunkering and fleet fuel efficiency. ...
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Countries plan diplomatic pressure, possible sanctions and efforts to free stranded ships.

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

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

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