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Energy Petrol to Be First ULSFO Supplier in Turkey in Response to Med ECA
Apr 10, 2025 ... bunker supplier Energy Petrol is set to be the country's first supplier of ULSFO, making the product available in response to the upcoming 0.1% sulfur ECA in the Mediterranean. The ...
Japan's Yanmar Gets Class Approval for Hydrogen Fuel Cell System
Apr 10, 2025 ... manufacturing firm Yanmar Power Technology has secured approval in principle for its maritime hydrogen fuel cell systems from classification society DNV. The fuel cell systems can be ...
President Trump Signs Executive Order to Revive US Maritime Power
Apr 10, 2025 ... vessels. Trump's order cites the sharp decline in US-flagged commercial ships and shipyard employment over the past decades, declaring it a "crisis that threatens the Nation's economic and ...
Oil Leaps Upward on Changes in Trump's Tariff Strategy
Apr 9, 2025 ... president Donald Trump paused the tariffs he had imposed on many countries and focused his displeasure on China, which is now being hit to the tune of 125 percent but has no intention of ...
Trump: China Tariff to 125%, 90-Day Pause at 10% for Other Countries
Apr 9, 2025 ... of 10%, also effective immediately," President Trump said. ICE Brent crude futures rallied sharply on the news, trading at $64.28/bl as of 6:27 PM in London, up from $62.82/bl at Tuesday's close ...
US Skips IMO's MEPC 83 Meeting and Warns Against GHG Deal
Apr 9, 2025 ... the IMO's MEPC 83 meeting this week, where shipping's regulatory body is deciding how best to implement its policy on curtailing greenhouse gases. A note sent to a number of member states and ...
Bureau Veritas Grants Approval to Hydrogen-Powered Vessel of LDA
Apr 9, 2025 ... society Bureau Veritas has approved in principle the hydrogen-powered vessel design of Louis Dreyfus Armateurs (LDA). LDA sees hydrogen as a key marine fuel to help in shipping ...
Brent Crude Futures Drop Below $60/Bl for First Time in Four Years
Apr 9, 2025 ... last traded below $60/bl in February 2021. Oil and other commodity markets have dropped sharply over the past week in response to US President Donald Trump's announcement on April 2 of ...
Singapore's Craft Operator Hong Lam Marine Launches New Harbour Craft
Apr 9, 2025 ... a fleet of 25 tankers, including bunker tankers which are chartered by various firms to supply bunker fuels to their customers in Singapore, as well as other vessels. Around 214 bunker ...
Monjasa 2024 Profits Slide But Remain Third-Largest in Firm's History
Apr 9, 2025 ... marine fuel supplier and trading firm Monjasa reported a 40% drop in its profits in 2024, but the result remains the third-best in the company's history as its performance normalises from ...
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Also in the News

NYK Starts Regular Use of Bio-LNG to Power Car Carriers

NYK Starts Regular Use of Bio-LNG to Power Car Carriers

NYK Line has begun using bio-LNG continuously to power its car carrier fleet.

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BUNKER PRICES: G20-VLSFO Index Rises for First in Eight Sessions

BUNKER PRICES: G20-VLSFO Index Rises for First in Eight Sessions

Global VLSFO prices broke an almost two-week losing streak on Thursday.

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UK Allocates Another £30 Million for Shipping Decarbonisation Projects

UK Allocates Another £30 Million for Shipping Decarbonisation Projects

The UK has awarded £30m to projects advancing alternative marine fuels and wind propulsion in shipping.

Read in Full

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