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World Fuel’s marine gross profit surges 86% as bunker price volatility drives Q1 results
Higher bunker prices and volatility propel World Fuel to a strong first quarter, prompting upgraded full-year guidance. |
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Axpo completes first ship-to-ship bio-LNG bunkering at Barcelona
Swiss energy company supplies bio-LNG to MOL's car carrier Lapis Ace at Spanish port. |
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Island Oil appoints Dimitris Mertikas as head of international trading in Dubai
Bunker firm says hire will strengthen its trading capabilities and knowledge of the Middle Eastern and Greek markets. |
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LNG and biofuels seen as most viable near-term options, ICS Barometer finds
Geopolitical instability emerges as shipping’s defining risk in ICS report. |
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Zhoushan ship exports nearly double in five months amid decarbonisation push
China's Zhoushan reports 93.7% surge in ship exports driven by rising demand for more advanced and environmentally friendly vessels. |
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PIL names two 13,000-teu LNG dual-fuel vessels at Shanghai shipyard
Two newbuilds are equipped to operate on LNG as well as low-sulphur fuel oil. |
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Contract signed to build methanol-ready deepwater installation vessel
Chinese shipbuilder CIMC Raffles to construct vessel for Solstad-SBM joint venture. |
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Verde Marine Energy completes its first B100 biofuel bunkering in ARA region
Supplier delivers B100 advanced FAME to Vertom vessel. |
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Bureau Veritas classes CMA CGM’s first 24,000-teu LNG dual-fuel mega boxship built by Yangzi Xinfu
BV highlights work carried out during design, construction and commissioning of new new ultra-large container vessel. |
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Shipping and aviation bodies urge EU to redirect ETS revenues into sustainable fuels
ECSA and A4E say more than €11bn in annual ETS contributions must fund decarbonisation efforts. |
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| PDVSA sells 270,000 fuel oil cargo [News & Insights] |
| Chemoil appoints new head for Panama division [News & Insights] |
| Petrojam set to increase profits by US$176 million [News & Insights] |
| Siemens to provide technology for Finland's first battery-powered car ferry [News & Insights] |
| Scandlines' new hybrid ferry in operation [News & Insights] |
| Cepsa becomes first MFM bunker supplier in the port of Gibraltar [News & Insights] |
| Viking Line ferry will be first to use dual-fuel version of world's most efficient four-stroke diesel engine [News & Insights] |
| Singapore H1 bunker sales surpass 25m tonnes for first time [News & Insights] |