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WEC Lines to Hike Fuel Surcharge for Mediterranean ECA Sulfur Compliance
Apr 22, 2025 ... will be recovered through an increase of our Fuel Recovery Charge (FRC), applied per trade, it said. "The implementation of this regulation will also be applicable to any cargo inside the ...
Possible Iran/U.S. Nuclear Deal Causes A 2% Drop In Oil
Apr 21, 2025 ... potential de-escalation of geopolitical tensions in the Middle East, although far from assured, was responsible for crude prices falling over 2 percent on Monday – coinciding with the usual ...
HD Hyundai Mipo Bags $168 Million Contract for Two LPG Vessels
Apr 21, 2025 ... two 45,000 m3 capacity vessels are slated for delivery by July 2027, HD Hyundai Mipo said in a stock exchange filing. They will feature dual-fuel LPG engines, making them capable of ...
Houthi Capabilities Hit as Iran Pulls Navy from Red Sea: Reports
Apr 21, 2025 ... operations," Joshua Hutchinson, managing director of British maritime security firm Ambrey, said in his LinkedIn post. Since March, the US has intensified offensive operations against the ...
WSC Urges Constructive Alternatives to USTR's Port Fee Plan
Apr 21, 2025 ... vessels calling at US ports.  These measures, announced last week, aim to counter Chinese subsidies in shipbuilding and maritime logistics. WSC argues that these measures could do more harm ...
BUNKER PRICES: G20-VLSFO Index Jumps to Two-Week High
Apr 21, 2025 ... prices advanced at ports around the world on Friday, with global average VLSFO prices climbing to the highest level in almost two weeks. Ship & Bunker's G20-VLSFO Index of prices ...
COSCO Criticises US Port Fees for Distorting Fair Competition
Apr 21, 2025 ... Chinese shipping firm COSCO says US port fees on Chinese vessels threaten the normal functioning of global shipping. ...
Indonesia Teams Up with HDF Energy to Explore Green Hydrogen for Shipping
Apr 21, 2025 ... of using locally produced green hydrogen as a clean fuel for domestic shipping, HDF Energy said in a statement on its website. The agreement was signed during the Global Hydrogen Ecosystem ...
MOL New Vessel to Bunker LNG at Kansai for Australia Voyage
Apr 21, 2025 ... vessel was named during a ceremony held at Imabari Shipbuilding's Saijo Shipyard, MOL said in a statement on Friday. The Verde Heraldo is set to bunker LNG via shore-to-ship operations ...
LR Partners with Korean University to Advance Hydrogen Carrier Technology
Apr 18, 2025 ... knowledge exchange, international academic cooperation and shared policy initiatives, LR said in a statement on its website on Thursday. They aim to accelerate the commercialisation of ...
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Korean Duo Team Up to Develop Fuel-Efficient LNG Carrier

Korean Duo Team Up to Develop Fuel-Efficient LNG Carrier

The 174,000 m3 LNG carrier has emerged as a standard design in the global LNG shipbuilding.

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Weekly Vessel Scrapping Report 2025: Week 22

Weekly Vessel Scrapping Report 2025: Week 22

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from May 29 – June 4, 2025.

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BIMCO to Develop New Clause Addressing Biofuel Use in Charter Agreements

BIMCO to Develop New Clause Addressing Biofuel Use in Charter Agreements

With the new clause, the shipping body aims to address legal and operational challenges around biofuels.

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