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UAE Port to Operate Two Fully Electric Tugs
May 1, 2025 ... development of the productive and long-term relationship between our two organisations, with a joint vision on a sustainable and cost-efficient maritime future,” Arnout Damen, CEO of Damen ...
Molgas Delivers First Bio-LNG Stem in Spain with UECC
May 1, 2025 ... sustainability initiative launched last year. Companies such as Jaguar Land Rover (JLR) have joined the Sail for Change initiative to curb emissions from its maritime transport. In December, ...
Cruise Ship Trials Biofuel for the First Time in Australia
May 1, 2025 ... B20 biofuel delivered was made up of 80% marine distillate and 20% locally sourced used cooking oil (UCO). “We are very pleased to conduct this trial with Royal Caribbean Group from our ...
US Push to Revamp LNG Rules Could Boost Bunkering
May 1, 2025 ... is about unleashing American energy," Secretary Duffy said. "Within 100 days, we're doing just that. "PHMSA is laying the groundwork to revamp decades-old regulations and slash red ...
Oil Posts Worst Monthly Showing Since 2021 As Saudis Stir Bearish Sentiment
Apr 30, 2025 ... on Wednesday posted the steepest monthly decline in four years and also suffered daily losses as Saudi Arabia signalled that it could live with lower oil prices in exchange for upping output ...
Algoma Takes Delivery of New Tanker with Methanol Notation
Apr 30, 2025 ... products, the firm said in a statement on its website on Monday. It will be chartered to Irving Oil under a long-term agreement to transport petroleum products to ports in Atlantic Canada and ...
LNG May Be Cheapest Option for IMO 2028 Compliance: Report
Apr 30, 2025 ... green ammonia at $309,486/day. "In 2028, under real cost conditions, the rational financial choice for shipowners will be to pay the fee—unless they can access LNG," Curcio said in the ...
Singapore's ONE Bunker Consumption Up 9% on Red Sea Diversions
Apr 30, 2025 ... rise in consumption was attributed to vessels rerouting around the Cape of Good Hope to avoid the Red Sea attacks, according to the company's 2024 financial results. ONE's average bunker ...
Fujairah March Bunker Sales Drop by 8.7% on Year
Apr 30, 2025 ... excluding lubricants totaled 639,811 m3 in March, according to the latest data from the Fujairah Oil Industry Zone and S&P Global Commodity Insights. The total was down by 8.7% on the year, ...
SK Incheon Petrochem Introduces Korea's First Locally Blended B30 Biofuel
Apr 30, 2025 ... biofuel blend in the country. The B30 biofuel is produced by blending 70% of straight run fuel oil (SRFO) produced by SK Incheon Petrochem with 30% bio component supplied by JC Chemicals, the ...
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Fratelli Cosulich Bunker Unit Posts €5.6 Million Profit in 2024 Despite Margin Pressure

Fratelli Cosulich Bunker Unit Posts €5.6 Million Profit in 2024 Despite Margin Pressure

The group's bunker trading unit achieved an average margin of $5.80/mt in 2024.

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India Commissions Small Green Hydrogen Plant at Kandla Port

India Commissions Small Green Hydrogen Plant at Kandla Port

The plant can produce 140 mt/year of green hydrogen.

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Weekly Vessel Scrapping Report 2025: Week 30

Weekly Vessel Scrapping Report 2025: Week 30

Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from July 24 – July 30, 2025.

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