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BUNKER PRICES: G20-VLSFO Index Drops to 10-Week Low
Mar 4, 2025 ... fuel prices dropped at ports around the world on Monday, with global average VLSFO prices sinking to the lowest level in 10 weeks. Ship & Bunker's G20-VLSFO Index of prices across 20 ...
LR Grants Approval to Corvus Energy's Marine Battery System
Mar 4, 2025 ... society Lloyd’s Register (LR) has granted type approval to Corvus Energy for its marine battery system, Dolphin NxtGen Energy. The LR approval certifies that the system meets ...
Echandia Wins $20 Million Funding to Scale Up Marine Battery Production
Mar 4, 2025 ... battery manufacturer Echandia has secured funding of SEK 220 million ($20.45 million) to boost production of its marine battery systems. The newly raised capital will support Echandia’s ...
Maersk and ONE Boxships Collide in Hong Kong
Mar 4, 2025 ... Network Express (ONE) container ship Columba collided with AP Moller Maersk's Clifford in Hong Kong. The incident occurred when Columba struck the berthed Clifford at Kwai Tsin ...
Galp Secures EIB Funding for Sines Biofuel Project
Mar 4, 2025 ... energy company Galp has secured €250 million ($262 million) in funding from the European Investment Bank (EIB) to support the construction of its 270,000 mt/year renewable biofuel ...
OPEC's Ramp-Up Rattles Market As Analysts Brace For Tariffs Tuesday
Mar 4, 2025 ... Organization of the Petroleum Exporting Countries' (OPEC) decision to follow through with a planned production increase in April exacerbated demand fears, and as a result two key benchmarks on ...
CIMC Enric Partners with Wah Kwong for Green Methanol Bunker Supply
Mar 3, 2025 ... Kong-based shipping company Wah Kwong Maritime Transport has reached an agreement with Chinese clean energy firm CIMC Enric to offtake green methanol from CIMC Enric's upcoming plant for ...
LNG Leads Alt-Vessel Orderbook in February with 33 New Orders: DNV
Mar 3, 2025 ... remains a popular fuel choice among shipowners. This preference is largely due to its greater availability compared to methanol and ammonia, along with a well-established bunkering ...
Core Power Urges UK to Include Nuclear Propulsion in Clean Maritime Plan
Mar 3, 2025 ... technology firm Core Power contends that the use of advanced nuclear reactor technologies, such as small modular reactors, on ships presents a significant opportunity to decarbonize the ...
Southern Indian Port Takes Lead in Methanol Bunkering Push
Mar 3, 2025 ... Chidambaranar Port in Tamil Nadu is forging ahead with plans to establish green methanol bunkering infrastructure, which could make it the first port in India to provide methanol bunkering ...
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Port of Toulon Completes France's Largest Shore Power Installation with ABB

Port of Toulon Completes France's Largest Shore Power Installation with ABB

The shore power facility supports multiple ship connections.

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BIMCO to Develop New Clause Addressing Biofuel Use in Charter Agreements

BIMCO to Develop New Clause Addressing Biofuel Use in Charter Agreements

With the new clause, the shipping body aims to address legal and operational challenges around biofuels.

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BUNKER PRICES: G20-VLSFO Index Rises for Second Session

BUNKER PRICES: G20-VLSFO Index Rises for Second Session

Global VLSFO prices jumped with crude on Thursday, remaining at the highest level in two weeks.

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