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IMO 2028: How Much Will 'Surplus Units' Cost?
Apr 18, 2025 ... complicating factors in the new IMO 2028 deal. These units can be traded to ships seeking to avoid the IMO's $380/mtCO2e charge for failing to meet its base target for carbon intensity, and ...
Mitsui Makes Strategic Investment in E-Fuels Firm Infinium
Apr 18, 2025 ... sector, following its investment in Twelve Benefit Corporation, announced on February 13, it said in a statement on its website on Wednesday. Infinium already operates an e-fuels facility in ...
New LNG Carrier Joins QatarEnergy's Fleet
Apr 18, 2025 ... MISC and China LNG Shipping as part of QatarEnergy's ongoing fleet expansion program, NYK said in a statement on its website on Thursday. The naming ceremony took place at Hudong-Zhonghua ...
Dutch Firms to Build LNG Jetty in Brunsbüttel for Bunker Vessel Loading
Apr 18, 2025 ... to accommodate large LNG vessels, with a capacity of up to 267,000 m3, Hakkers Waterbouw said in a statement on its website on Monday. In addition to the main berth for larger vessels, ...
US Softens Port Fee Stance on Chinese Vessels Amid Industry Pressure
Apr 18, 2025 ... will only take effect starting October 14, 2025. Initially, the US administration had considered steeper port fees that could have cost some vessel operators up to $1.5 million per call, ...
BUNKER PRICES: G20-VLSFO Index Rises With Crude
Apr 18, 2025 ... and at Houston they jumped by $1/mt to $475.50/mt. Trading in ICE Brent futures is closed on Friday for the Easter public ...
Jamaica Backs IMO 2028 Deal, Demands More for Island Nations
Apr 18, 2025 ... change has already deeply affected the Jamaican economy, the Maritime Authority of Jamaica said in an emailed statement on Thursday. Bertrand Smith, director general of the Maritime ...
ANALYSIS: Singapore Quarterly Bunker Sales Drop to Lowest Since Q3 2023
Apr 17, 2025 ... to measure all bunker deliveries in Singapore come with a +/-0.5% margin of error, a level considered more accurate than traditional measurement systems used at most other ports with the added ...
Banle Group Posts $3.87 Million Loss in 2024 as Expansion Squeezes Margins
Apr 17, 2025 ... over 60 ports across Asia, Europe, Africa, and Central America in 2024. However, the costs of rapid scaling took a toll on profitability. Operating expenses surged 56.8% to $8.7 million in 2024 ...
Shell Fuels MSC Cruises' LNG Ship in Miami Before Maiden Voyage
Apr 17, 2025 ... World America was carried out by Shell, which is its official refuelling partner, Shell Marine said in a recent LinkedIn post. The bunkering of MSC World America was conducted ahead of its ...
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Also in the News

Shanghai to Develop Sustainable Marine Fuel Certification System

Shanghai to Develop Sustainable Marine Fuel Certification System

Shanghai has launched a new initiative to develop a sustainable fuel certification system for international shipping.

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Trio to Develop Hybrid Fuel Cell Propulsion for LNG Carriers

Trio to Develop Hybrid Fuel Cell Propulsion for LNG Carriers

They aim to develop an LNG carrier design to run hybrid propulsion using SOFC technology.

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Port of Toulon Completes France's Largest Shore Power Installation with ABB

Port of Toulon Completes France's Largest Shore Power Installation with ABB

The shore power facility supports multiple ship connections.

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