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Glut-Obsessed Traders Drive Oil Towards Another Weekly Loss
Nov 7, 2025 ... that caused the U.S. Federal Aviation Administration to order a cut of several thousand flights. Phil Flynn, senior market analyst for Price Futures Group Inc., said, "The fact that we're ...
Bunker Industry Stakeholders Voice Strong Opposition to Adoption of IMO Net-Zero Framework
Nov 7, 2025 ... Committee (MEPC) unexpectedly voted to push back its NZF plans by a year in October after significant opposition to its adoption emerged, led by the US. The deal would have set ...
Hyundai Breaks Ground on Hydrogen Fuel Cell Plant in Ulsan
Nov 7, 2025 ... zero-emission potential but is still at an early stage for use in ships. In September, Nextchem signed an agreement with Siemens Energy to develop methanol fuel cells for ...
EDF Charters Dual-Fuel LNG Carrier from NYK-Backed Firm
Nov 7, 2025 ... from WinGD, NYK said in a statement on its website on Friday. The long-term charter deal was signed in 2022 and spans for up to 20 years. The global LNG-fuelled fleet is made up of 819 ships, ...
Spain's Enagás Starts Bio-LNG Bunkering at Gijón Terminal
Nov 7, 2025 ... began on November 5 and are certified under ISCC. Enagás says LNG demand has increased significantly in Spain, increasing tenfold since 2022. “Between January and September of this ...
Weekly Vessel Scrapping Report 2025: Week 45
Nov 6, 2025 ... on top of the most recent changes in the world fleet, every week thanks to online maritime intelligence and information service VesselsValue.com, we tell you which vessels have been sold for ...
UAE's Khalifa Port to Develop LPG and LNG Bunkering Infrastructure
Nov 6, 2025 ... to support bunkering of these marine fuels. AD Ports Group and Nimex Terminals have signed long-term agreements to develop the country’s first private-sector LNG and LPG terminal ...
Maersk 2025 Bunker Demand Heads for 3.4% Drop
Nov 6, 2025 ... year, as per the interim quarterly report for Q3 released on Thursday.   Annualising that figure to cover the whole of 2025 would give a total of 10.88 million mt, down by 3.4% from the high ...
Chimbusco Pan Nation Sees Hong Kong Biofuel Bunker Demand Potentially Doubling by 2031
Nov 6, 2025 ... as a very promising market," Chung said. "Hong Kong's legal and business environment is highly efficient, and its proximity to China - Asia's largest biodiesel produce - gives it a ...
Mitsubishi Signs Low-Carbon Methanol Offtake Deal with Transition Industries
Nov 6, 2025 ... Gas Chemical (MGC) has signed a long-term agreement to buy around 1 million mt/year ultra-low-carbon methanol from US-based Transition Industries. The methanol will be produced at ...