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Finland's Eckerö Line to Use Neste's Biofuel for FuelEU Compliance
Apr 24, 2025 ... energy firm Neste said. Neste’s renewable diesel is produced from hydrogenated vegetable oil (HVO), a renewable fuel derived from waste and residue raw materials. It can be burned in ...
Oil Tumbles On Potential OPEC Output Boost, Multiple Bearish Reports
Apr 23, 2025 ... on Wednesday extended its losses by another 2 percent as investors tried to digest bearish news on multiple fronts, foremost being the Organization of the Petroleum Exporting Countries (OPEC) ...
Engine Fire on Passenger Ship in 2023 Caused by Lube Oil Debris
Apr 23, 2025 ... the passenger vessel Ocean Navigator in October 2023 was caused by debris in the engine’s lube oil system, according to a report released by the US National Transportation Safety Board on ...
IMO 2028: How Much Biofuel Will Be Needed to Avoid Penalties?
Apr 23, 2025 ... a considerable boost to biofuel bunker demand in the short term as shipping firms seek to avoid penalties for excess emissions.  Initial Ship & Bunker analysis shows ships would need ...
Irish Ferries Switches to HVO for Dublin-Holyhead Route
Apr 23, 2025 ... announced that its high-speed ferry Dublin Swift is now operating on 100% hydrogenated vegetable oil (HVO 100) for its seasonal service between Dublin and Holyhead. The vessel resumed operations ...
First HVO Marine Biofuel Supplied at Brazil's Açu Port
Apr 23, 2025 ... in partnership with Brazilian firm Efen, has completed the first supply of hydrotreated vegetable oil (HVO)-based marine biofuel at the Açu Liquid Terminal (TLA). HVO marine biofuel was supplied ...
Oil Rebounds As New Element Of The Iran/U.S. Nuclear Talks Spooks Traders
Apr 22, 2025 ... expires on Tuesday, was up $1.24, or 2 percent, at $64.32. The sudden pessimism of traders was voiced by John Kilduff, founding partner at Again Capital, who said, "Either some nuclear deal is ...
IMO Pushes Ahead with Carbon Capture Framework
Apr 22, 2025 ... response to the MEPC 83 outcome, carbon capture firm Value Maritime said, "There's been a lot going on at the IMO and in the world of trade lately, but carbon capture hasn't been left ...
Possible Iran/U.S. Nuclear Deal Causes A 2% Drop In Oil
Apr 21, 2025 ... although far from assured, was responsible for crude prices falling over 2 percent on Monday – coinciding with the usual demand concerns generated by U.S. president Donald Trump's tariff ...
HD Hyundai Mipo Bags $168 Million Contract for Two LPG Vessels
Apr 21, 2025 ... remains a niche alternative bunker fuel, primarily used in gas carriers that typically use boil-off gas from their cargo as fuel. According to classification society DNV, the global ...
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Hapag-Lloyd 1H 2025 Bunker Consumption Gains 7.6% on Year

Hapag-Lloyd 1H 2025 Bunker Consumption Gains 7.6% on Year

The firm's fleet consumed 2.5 million mt of bunker fuels in 1H 2025.

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Greenergy Extends Amsterdam Biofuel Plant Lease by 10 Years

Greenergy Extends Amsterdam Biofuel Plant Lease by 10 Years

Greenergy, which bought the plant in 2018, has since expanded it to process more waste oils.

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Looming Trump/Putin Talks, Possible Rate Cut Boost Oil By 2%

Looming Trump/Putin Talks, Possible Rate Cut Boost Oil By 2%

But the prospect of a Fed cut is speculative at best.

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