Latest News
The latest energy, maritime and bunker industry news worldwide.
Latest News
The latest energy, maritime and bunker industry news worldwide.
Keeping You Informed
MOL Tabletop Drill Hones Response to Serious Marine Incident- Scenario Has Oil Spill Incident Involving Cargo Handling Equipment on Cargo Transfer Vessel
Mitsui O.S.K. Lines, Ltd. announced that on October 6, it conducted a tabletop drill based on a simulation of a marine accident involving a cargo transfer vessel (CTV, Note 1)
Baltic Edges Up On Stronger Capesize And Panamax Vessel Rates
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged up on Tuesday, supported by higher capesize and panamax vessel rates. The
Experts warn biofuels not a long-term solution for shipping
Experts advising Pacific states at the International Maritime Organization (IMO) warn that biofuels are not a long-term solution for decarbonising shipping, highlighting threats to food security, supply constraints, and rising
VLSFO returns to discount on prompt market weakness
Asia’s spot differential for very low sulphur fuel oil (VLSFO) softened back into a discount as of Tuesday, as competitive offers weighed on the market for prompt loading dates. The
SEA-LNG highlights LNG’s growth and lower GHG emissions ahead of MEPC
SEA-LNG, the coalition supporting the methane decarbonisation pathway, today underlined recent progress made in reducing greenhouse gas (GHG) emissions from LNG as a marine fuel, the developments in bunkering of
ENGINE: East of Suez Bunker Fuel Availability Outlook
Singapore and Malaysia Despite “slow” bunker demand in Singapore, VLSFO availability has tightened, with lead times increasing from 7–10 days last week, to 8–14 days now. HSFO and LSMGO require
ABS Group Again Recognized on Forbes 2025 List of World’s Best Management Consulting Firms
For the second consecutive year, ABS Group of Companies, Inc. (ABS Group) has been named to Forbes’ prestigious list of the World’s Best Management Consulting Firms. This recognition reinforces ABS
98% Methane Slip Reduction from LNG-fueled vessels Achieved in Onboard Trials Onboard trials to continue through FY2026
Mitsui O.S.K. Lines, Ltd. (hereinafter “MOL”), Kanadevia Corporation (hereinafter “Kanadevia”), and Yanmar Power Solutions Co., Ltd. (hereinafter “Yanmar Power Solutions”) have, under the Green Innovation Fund Project “Development of Next-Generation
LR issues updated guidance to support safe fuel cell integration onboard ships
This revised guidance provides shipbuilders and shipowners technical, regulatory and safety frameworks for integrating fuel cell power systems into new and existing vessels. Lloyd’s Register (LR) has released updated guidance