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Maersk CEO Sees Zero-Carbon Fuels Doubling Company's Bunker Bill
Feb 22, 2021 ... on its bunker consumption last year, down from $4.566 billion the previous year. CEO Søren Skou expects "we have to spend maybe double that amount" once it is buying zero-carbon fuels, news ...
All Future Maersk Newbuildings Will Be Able to Run on Zero-Carbon Fuels
Feb 17, 2021 ... and safety challenges inherent in the carbon neutral fuels we need in the future," Søren Skou, CEO of Maersk, said in the statement. "Our ambition to have a carbon-neutral fleet by 2050 ...
Oil Hits 13 Month High On Recovery Optimism, Middle East Tension
Feb 15, 2021 ... for power and fuel while simultaneously threatening to hamstring production in Texas, North Dakota, Oklahoma, and elsewhere–which in turn could propel crude prices even higher over the next ...
Maersk Hints at Retrofits, Not Newbuildings, as its Decarbonisation Future
Feb 11, 2021 ... the company towards decarbonising its fleet. Speaking on an investor call this week, CEO Søren Skou suggested the company was not expecting the need to decarbonise resulting in massive capital ...
EXCLUSIVE: Chris Todd Confirms Launch of New International Bunker Company
Feb 10, 2021 ... told Ship & Bunker. Delta Energy also launches with trading offices in Singapore, London, Korea, Saint Petersburg, Hamburg, and Geneva, and with initial physical operations in ARA and ...
Sea Oil Petroleum Acquires Norwegian Bunker Trader Pro Fuels
Feb 8, 2021 ... consolidation in the bunker industry. Sea Oil Petroleum is the Singapore subsidiary of Bangkok-based Sea Oil Public Company Limited. Pro Fuels, established in Norway in 2018, will be ...
South Korea's SK Energy Tests Market for Resumed HSFO Deliveries
Feb 5, 2021 ... Korean energy producer SK Energy has resumed selling HSFO as a bunker fuel, testing the local market for the now more niche fuel among shipowners with scrubbers. The resumption started in ...
Nigeria: Exxon Exec Sought in Corruption Probe
Feb 4, 2021 ... director of Exxon Mobil's local unit in Nigeria. The move by Nigerian federal court judge Okon Abang to arrest Richard Laing is to do with an anti-corruption investigation by the West ...
Euronav Plans 'Ammonia-Ready' Notation for New Scrubber-Equipped Suezmaxes
Feb 4, 2021 ... to win an 'ammonia-ready' notation for two new Suezmaxes currently under construction in South Korea. The company announced a $113 million deal to acquire the two ships -- both fitted with ...
INTERVIEW: Total Rides Out Short-Term Volumes Hit in Shift to Cleaner Marine Fuels
Jan 26, 2021 ... industry this year. Bunker Holding and KPI OceanConnect have already announced they are on the lookout to acquire smaller firms, and recruitment agents are reporting a healthy job market for ...
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Oil Rises Minimally As Iran/Israel Ceasefire Falls Under Scrutiny

Oil Rises Minimally As Iran/Israel Ceasefire Falls Under Scrutiny

Meanwhile, major U.S. stock draws again suggest demand is healthier than thought.

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Open-Loop Scrubber Discharge to Be Banned in Ports and Inland in North-East Atlantic

Open-Loop Scrubber Discharge to Be Banned in Ports and Inland in North-East Atlantic

The decision to ban scrubber discharge by July 2027 was made at a ministerial meeting of the OSPAR commission in Vigo this week.

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Uni-Tankers Vessel Takes on Wind-Assisted Propulsion System

Uni-Tankers Vessel Takes on Wind-Assisted Propulsion System

Econowind has installed four 16m VentoFoils on board the chemical tanker Jutlandia Swan.

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    10Singapore Bunker Supplier Count Drops to Just 39 Firms
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