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Valero Weighs Closure of Benicia Refinery by April 2026
Apr 17, 2025 ... by the end of April 2026. The refinery processes sour crude oil into gasoline, diesel, jet fuel and asphalt for road construction. This decision is likely influenced by high operating ...
Crude Climbs To Two-Week High On New Trump Sanctions Of Iranian Oil
Apr 16, 2025 ... requires seven nations to cut output by a further 369,000 barrels per day (bpd) between now and June 2026, with monthly cuts ranging from 196,000 bpd to 520,000 bpd. However, capping ...
VPS: A New Legislative Measure for the Decarbonisation of Shipping
Apr 16, 2025 ... fuels, support research and technological innovation in cleaner shipping, and help ensure a just and equitable transition for the maritime sector. Net-Zero Framework Implementation and ...
UAE's Khalifa Port Completes First Ship-to-Ship LNG Bunkering
Apr 16, 2025 ... on its website on Wednesday. The bunkering was performed by global marine fuel supplier Monjasa, using the Green Zeebrugge—a 5,100 m3 capacity LNG bunker vessel. Monjasa relocated the ...
Wärtsilä to Upgrade Ulusoy's Vessels for CII Improvements
Apr 16, 2025 ... such as engine retrofits and optimising speed and voyage planning. The CII came into effect in January 2023. The parts for the upgrades of the two vessels, Ulusoy 11 and Ulusoy 12, are ...
INSIGHT: FuelEU Maritime Means Shipowners Cannot Afford to Wait on Alternative Fuels
Apr 16, 2025 ... is FuelEU Maritime? FuelEU Maritime is a new EU regulation, which came into force on 1 January, 2025. The regulation means that vessels above 5,000 GT that transport passengers or ...
CIMC Wins LNG Bunker Vessel Order from European Client
Apr 16, 2025 ... marine fuels—such as LNG, methanol, and ammonia—to increase, as more alternative-fuelled ships join the global fleet and require bunkering support. The global LNG bunkering fleet is currently ...
Wilson's Vessel Fitted with WAPS Begins Operation
Apr 16, 2025 ... part of its strategy. "Meeting tomorrow's environmental requirements is crucial to our success, Jostein Bjørgo, Commercial Director at Wilson, said. "We are therefore committed and grateful to ...
BUNKER PRICES: G20-VLSFO Index Rises to One-Week High
Apr 16, 2025 ... on Tuesday, reaching its highest level since April 8. The G20-HSFO Index jumped by $1/mt to $458.50/mt, while the G20-MGO Index advanced ...
Norway Confirms 2026 Fjord Zero-Emission Rule
Apr 16, 2025 ... to implementing a zero-emission requirement for ships operating in its UNESCO World Heritage fjords. In a statement from the Norwegian Maritime Authority, the government reiterated that ...
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South Korea Aims to Build World's Largest Hydrogen Carrier by 2027

South Korea Aims to Build World's Largest Hydrogen Carrier by 2027

The South Korean government plans to invest $40.5 million this year to develop the demonstration vessel.

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JR Shipping Makes Dry Cargo Comeback with Duo Vessel Orders

JR Shipping Makes Dry Cargo Comeback with Duo Vessel Orders

The Dutch shipping firm has ordered two wind-assisted cargo vessels, marking its return to the dry cargo sector.

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Ineratec Produces First E-Fuels Batch at Frankfurt Plant

Ineratec Produces First E-Fuels Batch at Frankfurt Plant

The plant can produce up to 2,500 mt of e-fuels annually.

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