| Year | $bn | +/-($bn) | +/-(%) |
| 2021 | 5.369 | +1.534 | +40.0 |
| 2020 | 3.835 | -0.731 | -16.0 |
| 2019 | 4.566 | -0.476 | -9.4 |
| 2018 | 5.042 | +1.670 | +49.5 |
| 2017 | 3.372 | +1.349 | +66.7 |
| Year | Price($/mt) | +/-($) | +/-(%) |
| 2021 | 484 | +112 | +30.1 |
| 2020 | 372 | -40 | -9.7 |
| 2019 | 412 | -12 | -2.8 |
| 2018 | 424 | +103 | +32.1 |
| 2017 | 321 | +98 | +43.9 |
| Year | MMT | +/- MMT | +/-(%) |
| 2021 | 11.090 | +0.768 | +7.4 |
| 2020 | 10.322 | -0.770 | -6.9 |
| 2019 | 11.092 | -0.802 | -6.7 |
| 2018 | 11.894 | +1.499 | +14.4 |
| 2017 | 10.395 |
|
Battery-methanol harbour tug completes sea trials ahead of Gothenburg deployment
Svitzer Balder is claimed to be the most powerful electric escort tug in the world. |
|
|
|
||
|
Changhong International launches fourth LR2 tanker for Navios
Chinese shipbuilder floats 115,000-tonne LR2/Aframax product tanker with methanol and LNG conversion capability. |
|
|
|
||
|
Nippon Yuka Kogyo launches lubrication oil analysis service for ammonia-fuelled engines
Japanese company offers condition monitoring service to support adoption of ammonia as a marine fuel. |
|
|
|
||
|
CIMC Pacific Offshore Engineering advances two 20,000-cbm LNG bunkering vessel projects
Two sister vessels for Singapore and Luxembourg owners reach construction milestones in China. |
|
|
|
||
|
Singapore maritime sector to accelerate AI adoption under new partnership
MPA and SSA sign MOU to support AI implementation across shipping operations and bunkering. |
|
|
|
||
|
Portland Port receives licence for LNG ship-to-ship transfer operations
UK port can now support direct LNG transfers, reducing transit times and streamlining logistics operations. |
|
|
|
||
|
Seafarer training must match pace of alternative fuel adoption, says Stream Marine Training
Training provider highlights regulatory gap as methanol, ammonia and hydrogen gain traction in shipping. |
|
|
|
||
|
Jiangnan Shipyard delivers final methanol-ready car carrier to Anji Logistics
The 9,500-vehicle capacity vessel completes a 12-ship series built for SAIC’s logistics arm since 2022. |
|
|
|
||
|
Nippon Biofuel secures METI funding for Africa-based marine biofuel supply chain
Japanese company to establish Jatropha cultivation and biofuel production facilities in Mozambique and Ghana. |
|
|
|
||
|
Everllence’s ammonia-fuelled engine passes factory acceptance test ahead of October delivery
Engine built by HHI-EMD will power Eastern Pacific Shipping’s very large ammonia carriers. |
|
|
|
||
| PetroChina regains top supplier spot in Singapore [News & Insights] |
| BP and Maersk Tankers complete B30 biofuel trials [News & Insights] |
| Maersk orders eight large methanol-fuelled boxships [News & Insights] |
| Maersk takes delivery of first methanol-capable vessel in 9,000-teu series [News & Insights] |
| CMA CGM names 400th owned vessel as methanol-fuelled containership [News & Insights] |
| Sperry Marine wins contract for hydrogen-powered autonomous-ready Samskip ships [News & Insights] |
| PIL’s LNG-powered Kota Odyssey makes maiden call at Saudi Arabian port [News & Insights] |
| Covering the distance to shipping’s nuclear opportunities | ABB [News & Insights] |