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Value Maritime Appoints Union Tech as South Korea Representative
Sep 25, 2025 ... Union Tech is set to promote Value Maritime's scrubber and carbon capture systems in South Korea. ...
Valerie Ahrens Steps Down From Bunker Holding Management
Sep 25, 2025 ... with Peder Møller set to take over as CEO from Keld Demant as of October 6. Ahrens first joined the company in September 2022, serving on the board of Bunker One LNG in addition to her ...
FEATURE: IMO Net-Zero Framework Likely to Pass Vote Despite US Pushback
Sep 25, 2025 ... Institute, noted that US pressure was already in play during April's deliberations. "At that point in time, there were also similar messages from the US about retaliation, and significant ...
Oil Jumps As Hawkish Trump, Russia Infrastructure Damage Stoke Tightness Fears
Sep 24, 2025 ... president Donald Trump's tough stance against Russia was credited for oil on Wednesday extending its gains for a second straight session, this time to a seven week high of over 2 ...
Oilmar Owner Arrested in Azerbaijan
Sep 24, 2025 ... owner of marine fuel trading firm Oilmar has reportedly been arrested in Azerbaijan, prompting a management buyout of the bunker company. Adnan Ahmadzada has been accused of acts of sabotage ...
NYK Completes Its First Ship-to-Ship Ammonia Transfer Off Spain
Sep 24, 2025 ... was transferred in line with strict safety protocols. While NYK has long experience with crude oil, LNG and LPG operations, this was it's first involving liquefied ammonia. The company worked ...
UKMTO Reports 'Sound of Explosion' Near Vessel Off Yemen
Sep 24, 2025 ... and report any suspicious activity to UKMTO." Houthi attacks have forced most operators to avoid the Red Sea, forcing operators to take a longer route around Africa, which lifts bunker ...
Danish Shipping Calls for ETS Revenues to Fund Green Marine Fuels Production
Sep 24, 2025 ... outpace us. We are facing investments worth billions." Clasen also stressed the importance of avoiding regulatory overlap between European measures and a possible future global system under the ...
Galveston LNG Bunker Port Selects Contractor to Build LNG Terminal
Sep 24, 2025 ... LNG Bunker Port (GLBP) has appointed NV5 LNG Engineering Services to construct its LNG terminal at Shoal Point in Texas, US. Designed with an initial capacity of 360,000 gallons/day ...
Oil Breaks Four Day Losing Streak On Impediments To Oversupply
Sep 23, 2025 ... over Russian supply risks and a stall in the restart of Kurdish oil exports was enough for traders concerned about global oversupply to raise crude prices on Tuesday by more than $1 per ...