Blog
The latest energy, maritime and bunker industry news worldwide.
Container Ship Fleet Expands Rapidly: 2024’s Surge and Future Trends
The container ship fleet is witnessing a rapid increase in capacity, demonstrating a surge in fleet capacity that has not been witnessed in the last
Navigating the Future of Marine Fuel: Key Insights into the New ISO 8217:2024 Specifications
The marine industry is continually evolving, and staying informed about the latest regulations is crucial. ISO has published the latest version of the bunker fuel
Sustainable Fuels Unlikely Before 2040, Say Transport Specialists
A recent survey by Reed Smith reveals that transport professionals believe it will take over 15 years to achieve 100% sustainable fuels, with fossil LNG
HSFO-VLSFO Price Gap Narrows to Record Low
The price spread between high and low sulphur fuel oil (HSFO and VLSFO) is at its lowest since the global sulphur cap began in early
Shipping Industry Earning Billions Utilizing Scrubbers to Run On Heavy Fuel Oil
A recent study conducted by Chalmers University of Technology in Sweden indicates that emissions from scrubber discharge into the Baltic Sea have resulted in pollution-related
Increase in Orders Signals Growing Momentum for Alternative-Fueled Ships
The shipping sector is increasingly embracing alternative fuels, with a notable uptick in orders for cleaner ships at the start of 2024. DNV’s Alternative Fuels
Eco-Friendly Marine Fuels Projected to Be Cheaper Than Oil Bunkers by 2035
Wärtsilä predicts that sustainable marine fuels might become more cost-effective than traditional oil-based bunkers by 2035, considering emission regulations such as carbon pricing mechanisms. Despite
FOBAS: Mandatory Flash Point Recording to be Implemented on BDNs
Lloyd’s Register Fuel Oil Bunkering Analysis and Advisory Service (FOBAS) issued a bulletin on Wednesday (6 March) underscoring the necessity for Bunker Delivery Notes (BDNs)
Unraveling the Effects of the Red Sea Shipping Crisis
The Red Sea shipping crisis has rekindled inflation concerns due to supply chain disruptions and increasing freight costs. Over 30% of global trade transits through
Industry Tensions Heighten Due to the Impact of the Red Sea Crisis on Ocean Freight Shipping
The Red Sea crisis has caused ocean freight rates to surge at a faster pace than the initial months of the Covid-19 pandemic, with numerous
Naval Coalition Led by US Advises Shipping to Steer Clear of Red Sea
The US-led naval coalition operating in the Red Sea has issued a warning to all ships, urging them to steer clear of the Bab el-Mandeb
45% of All 2023 Newbuild Orders are Alternative Fuel Capable
Clarksons Research unveiled its latest Green Technology Tracker, a comprehensive report that outlines the advancements in adoption of alternative fuels and investments in energy-efficient technologies