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CMA CGM Announces New Route Passing Through Red Sea
Feb 19, 2025 ... forgoing the use of the Suez Canal to take longer routes around Africa. This has raised tonne-mile demand for the shipping industry and boosted bunker sales around the world. If the halt in ...
COSCO's New Boxship Can Sail from Far East to US West Coast on Pure Methanol
Feb 19, 2025 ... for a voyage. However, the Methanol Institute notes that this disadvantage can be partially mitigated by storing methanol in conventional fuel tanks and even ballast tanks onboard, which is ...
Bunker Supplier Lanka Marine Wins Sri Lankan Presidential Export Award
Feb 19, 2025 ... Ceremony was held on February 7 at the Bandaranaike Memorial International Conference Hall (BMICH) Colombo, and the award was accepted by Lanka Marine CEO Anushka Weeraratne. "This award is ...
Econowind Secures €1 Million to Scale Up Wind Propulsion for Bigger Ships
Feb 19, 2025 ... wind propulsion firm Econowind has secured €1 million ($1.05 million) in funding from the Dutch government-backed Invest International to develop and test larger steel wind sails for ...
BUNKER PRICES: G20-VLSFO Index Drops for Second Day
Feb 19, 2025 ... fuel prices were mixed in direction at ports around the world on Tuesday, with global average VLSFO prices slipping slightly overall despite a rise in crude futures. Ship & Bunker's ...
Insurer Skuld Cautions Against Risks of Cashew Nutshell Biofuels in Shipping
Feb 19, 2025 ... injector failure, filter and heater clogging, fuel sludging, and deposits due to fuel contamination. "These issues were detected by extended Gas Chromatography Mass Spectrometry (GCMS) ...
BAR Technologies Sees Wind Power Gaining Ground in Mid-Sized Shipping
Feb 19, 2025 ... response to growing demand in handymax and mid-sized fleets, UK-based maritime tech firm BAR Technologies has partnered with CM Energy Tech to manufacture 20-meter and 24-meter ...
MARKET SURVEY: Q4 Gain Sends 2024 Annual Bunker Hub Demand 4% Higher
Feb 19, 2025 ... sequentially were 2.6% higher than in Q3. 2024's total sales at the 17 locations reached 143,575 million mt, up by 4% on the year and the most since 2019, the year before the COVID-19 pandemic ...
Oil Steady As Focus Stays On U.S./Russia Talks, Drone Strike Damage
Feb 18, 2025 ... has been called the deadliest conflict in Europe since World War II. Robert Yawger, analyst at Mizuho, said, "Everyone is waiting on what is going to happen with Russia and Ukraine; that's not ...
VPS: 2024 Marine Bunker Fuels Review
Feb 18, 2025 ... as the global shipping industry continues to gather decarbonisation momentum to reduce its emissions to meet current and future legislation targets. Existing CII and EEXI requirements, plus ...
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Also in the News

Scandi Trading Hires Head of Credit and Compliance

Scandi Trading Hires Head of Credit and Compliance

The new hire was previously a credit analyst for PMG Energies in Greece.

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Chimbusco Pan Nation Breaks Biofuel Supply Record in Hong Kong

Chimbusco Pan Nation Breaks Biofuel Supply Record in Hong Kong

The firm supplied 6,300 mt of B24-VLSFO stem to a boxship in Hong Kong on Thursday.

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Gibraltar Bunker Calls Hit 2025 High in April

Gibraltar Bunker Calls Hit 2025 High in April

About 445 vessels arrived for bunkers in April in Gibraltar – the highest since November 2024.

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