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EU Marine Fuel Cost Jumps as New EU-ETS Rules Take Effect from Jan 1, 2026
Jan 1, 2026 ... is halved if only one EU port is involved. Emissions generated during a calendar year are 'paid for' by purchasing and surrendering EUA's. This must be done by September of the following ...
WTI Ends 20% Lower For The Year As Even Worse Prospects Forecast For 2026
Dec 31, 2025 ... 2025 hurtled towards the dismal distinction of suffering its worst year since the onset of the Covid lockdowns, with West Texas Intermediate down nearly 20 percent for the year. WTI hovered at ...
Vinssen Launches Korea's First Hydrogen Fuel Cell-Powered Vessel
Dec 31, 2025 ... has been developed under the Ministry of Oceans and Fisheries' interim standards, the company said in a LinkedIn post last week. The leisure boat uses a hybrid setup with two 100 kW hydrogen ...
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 ...
Maersk Appoints New Regional President for North America
Dec 31, 2025 ... firm AP Moller - Maersk has appointed Ditlev Blicher as its new regional president for North America, effective January 1, 2026. Blicher takes on the role after serving as Maersk's ...
CBL International Facilitates First LNG Bunkering for BYD Vessel at Xiaomo Port
Dec 31, 2025 ... an unnamed physical supplier, with support from China National Offshore Oil Corporation, CBL said in a press release on Tuesday. CBL said the milestone expands its activities beyond biofuels ...
US Maritime Regulator Probes Spain Over Alleged Port Access Denials
Dec 31, 2025 ... at least three US-flagged vessels were refused entry to Spanish ports in November 2024, the FMC said in an update this month. Those ships were operating under the US Maritime Security Program, ...
Bunker Supplier Golden Island Gets ISCC Certification
Dec 31, 2025 ... that Golden Island has officially achieved the ISCC EU Trader with Storage certification,” it said. “This milestone reinforces our commitment to sustainability and regulatory compliance ...
Mureloil Orders Hybrid Tanker for Portuguese Bunkering Operations
Dec 31, 2025 ... Mureloil SA has signed a contract with shipbuilder Astilleros de Murueta to build a new hybrid chemical tanker for bunkering operations in Portuguese waters. The deal was signed on December ...
Yokohama to Waive Port Fees for Methanol and Biofuel-Powered Ships from 2026
Dec 31, 2025 ... mt to qualify, while methanol-powered ships qualify without a volume threshold, Yokohama City said in a press release last week. To meet these requirements, ships may use green methanol or ...