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Econowind Secures €1 Million to Scale Up Wind Propulsion for Bigger Ships
Feb 19, 2025 ... ($1.05 million) in funding from the Dutch government-backed Invest International to develop and test larger steel wind sails for deep-sea shipping. The investment will support the ...
BUNKER PRICES: G20-VLSFO Index Drops for Second Day
Feb 19, 2025 ... since February 13. The G20-HSFO Index rose by $1/mt to $514/mt, while the G20-MGO Index advanced by $3/mt to $787.50/mt. ICE Brent crude futures climbed  by $0.62/bl to $75.84/bl on ...
Insurer Skuld Cautions Against Risks of Cashew Nutshell Biofuels in Shipping
Feb 19, 2025 ... make them highly corrosive, as well as poor combustion properties. CNSL does improves lubricity and the energy content of the marine fuel blend, but it contains phenolic compounds that have a ...
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 ... 2.9% average advance in Q4 2024 vs Q4 2023     •  Q4 volumes see 2.6% rise from Q3 2023     •  Container-focused ports see strongest gains     •  Read the ...
Oil Steady As Focus Stays On U.S./Russia Talks, Drone Strike Damage
Feb 18, 2025 ... of a possible Russia/Ukraine peace deal weighed against damage on a key conduit for Kazakhstan's oil exports due to a drone attack. Brent rose 61 cents to $75.83 per barrel, while West ...
VPS: 2024 Marine Bunker Fuels Review
Feb 18, 2025 ... saw the continuing evolution and widening of available maritime fuel types and grades, as the global shipping industry continues to gather decarbonisation momentum to reduce ...
Colonial Oil Adds New Barge to Boost US East Coast Bunkering
Feb 18, 2025 ... new tug, to strengthen its bunkering capabilities on the East Coast in response to increasing demand. The barge features 12 compartments and four segregations to enable it to carry various types ...
Oil Exports Return Normal at CPC Terminal: Report
Feb 18, 2025 ... shipments from the marine terminal operated by the Caspian Pipeline Consortium (CPC) continue as normal following a drone attack on the CPC oil pipeline. The pumping station, Kropotkinskaya ...
Lauritzen Bulkers Sees Challenge Procuring Smaller Biofuel Blend Quantities
Feb 18, 2025 ... shipping firm Lauritzen Bulkers has said it remains a challenge to find suppliers willing to supply smaller quantities of biofuel bunker blends. On 9 February, a Lauritzen vessel took on ...
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Also in the News

Flip Flop Crude Trading Suddenly Favours U.S./China Talks, Prices Escalate 3%

Flip Flop Crude Trading Suddenly Favours U.S./China Talks, Prices Escalate 3%

Meanwhile, global refiners report solid Q1 showings despite bearish market.

Read in Full

UK Sanctions Nearly 100 Tankers Linked to Russian Shadow Fleet

UK Sanctions Nearly 100 Tankers Linked to Russian Shadow Fleet

The UK targets nearly 100 Russian shadow fleet tankers to cut Russian funding and protect key infrastructure.

Read in Full

Berge Bulk Installs Carbon Capture System on Vessel

Berge Bulk Installs Carbon Capture System on Vessel

The carbon capture system was installed on a 63,000-dwt vessel by Value Maritime.

Read in Full

Popular Now More

  1. 12May
    1UK Sanctions Nearly 100 Tankers Linked to Russian Shadow Fleet
    The UK targets nearly 100 Russian shadow fleet tankers to cut Russian funding and protect key infrastructure.
  2. 05May
    2Potential Shell Acquisition of BP Would Unite Two of Singapore's Largest Bunker Suppliers
    BP was listed by the MPA as being in the top ten of its licensed bunker suppliers by volume in 2024, and came in at seventh place in 2023 and sixth in 2022.
  3. 12May
    3BUNKER JOBS: Hawks Group Seeks Traders in Singapore
    The company is looking for candidates for both junior and experienced bunker trader roles in the world's largest marine fuels hub.
  4. 12May
    4Statkraft Scales Down Hydrogen Plans Amid Market Uncertainty
    The Norwegian firm has decided to stop development of green hydrogen products amid market uncertainty.
  5. 05May
    5Glander International Bunkering Managing Director for India Steps Down
    The executive had worked for Glander since June 2006.
  6. 07May
    6President Trump Calls End to Red Sea Crisis
    "They say they will not be blowing up ships any more, and that's the purpose of what we were doing," President Trump said.
  7. 06May
    7INTERVIEW: How to Navigate the Bunker Job Market in a Downturn
    Vernon Jayanathan of Maritime Recruitment Company Ltd discusses how bunker employees and employers can deal with the job market during a slump in oil prices.
  8. 09May
    8Freight Rates at Risk if Container Lines Switch to Red Sea Route: Xeneta
    Xeneta says a full return of container ships to the Red Sea following a US-Houthi ceasefire could trigger a global collapse in freight rates.
  9. 07May
    9Baseblue Executes its First LNG Bunkering in the Caribbean
    The LNG bunkering was carried out off the coast of Portland in Jamaica.
  10. 08May
    10Maersk Bunker Consumption Drops to Lowest Since Q4 2024
    This drop came before much of the current trade uncertainty driven by volatile US trade policy, meaning further declines are likely in Q2's figures.
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