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Biofuel Quality Issues Largely Tied to Fuel Oil Content, Not Bio Component: LR
Feb 28, 2025 ... the required quality standards, such as EN14214. So far, this has not been a major problem. Going forward, LR warns that as FAME supply may struggle to keep up with rising demand, there is a ...
Modec Join Forces with Samsung for FPSO Onboard Carbon Capture
Feb 28, 2025 ... The duo seeks to install onboard carbon capture system on a FPSO vessel. ...
US Bunker Prices Expected to Rise as Trump Indicates Delayed Tariffs on Canada, Mexico to Go Ahead
Feb 28, 2025 ... With the end of the delay period now in sight, these tariffs look likely to be imposed. Crude oil is the largest import to the US from Canada. The US imports around 4 million b/d of Canadian ...
Finland's P2X Solutions Gets Funding for Green Shipping Fuels Project
Feb 28, 2025 ... of e-methanol production is biogenic CO2, which the plant will source from the nearby Savon Voima biopower plant. Meanwhile, the heat generated at the P2X Solutions plant will be transferred ...
Trump Again Sways Oil Trading, Crude Rises Over 2% On Chevron's Venezuela Ouster
Feb 27, 2025 ... president Donald Trump on Thursday yet again influenced oil traders, this time causing them to reverse course and propel crude prices upward by over 2 percent by revoking a license  to ...
Weekly Vessel Scrapping Report 2025: Week 8
Feb 27, 2025 ... a credit manager, the last thing you want to discover when chasing an invoice is the vessel you bunkered 4 weeks ago has just been sold for scrap. And today, the risk of that happening is ...
US Ports Face 'Major Congestion and Delays' if Fees Imposed on Chinese Vessel Calls
Feb 27, 2025 ... Xeneta said in an emailed statement on Thursday. "Ocean container carriers will take action to avoid the fees, such as calling at fewer ports, which could cause major congestion and delays in the ...
Burando Energies Hires Managing Director to Drive US Expansion
Feb 27, 2025 ... has hired a new managing director to spearhead a planned expansion in the US. William Cline has joined Burando Energies as managing director of its division in San Diego as of last month, the firm ...
Shell Predicts LNG Bunker Demand to Reach 16 Million Mt/Year by 2030
Feb 27, 2025 ... major Shell projects LNG bunker demand to reach 16 million mt/year by 2030, with around 11 million mt coming from LNG-fuelled container ships. Shell also predicts LNG-fuelled ships to ...
"Knee Jerk" Response To Stock Build Causes More Losses For Crude, Demand Increase Ignored
Feb 27, 2025 ... tariff on imports from Canada. However, Yawger was also surprised by the craven attitude of oil traders: "We had a knee jerk reaction down to the low; it was a bit of a surprise because the ...
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The new global embedded finance program will use 129Knots's origination-to-distribution platform to allow eligible borrowers across the global marine fuel sector to access working capital financing lines.

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UKMTO Reports Suspicious Approach in Red Sea

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The ship was approached north-west of Al Mukha in Yemen at about 2 AM UTC on Thursday.

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